Beneficent Technology Inc
Benetech is improving education access through its technology, programs and services, catering to the 1 in 5 students who have disabilities or learn differently. Benetech believes that access to education is a human right, regardless of differences or disability. Students with learning differences and disabilities around the world face barriers to education and may not receive adequate instruction, forced to end their education early, or be limited to certain subjects since accessible materials are not available for subjects such as math or chemistry. Benetech is working with schools, governments, community, and public sector organizations to provide digital literacy and access to learning materials for students with learning disabilities such as dyslexia and disabilities ranging from visual impairments to physical limitations.
Key facts about Beneficent Technology Inc
- EIN
- 77-0555413
- Latest 990 filing
- Form 990, 2024
- Total assets
- $3,414,402
Data from IRS Form 990, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990 · View filing
Total Assets
$3.4M
+34.0% YoY
Revenue
$12.7M
+15.8% YoY
Net Investment Income
$16K
-73.3% YoY
Expenses
$11.4M
-19.0% YoY
About Beneficent Technology Inc
Based on IRS filings
Beneficent Technology Inc is a public charity focused on Human Services, based in Palo Alto, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.4M in total assets. Net investment income was $16K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2023, annual grant giving ranged from $20K (2022) to $2.4M (2023). In 2023 it made 1 grant totaling $2.4M.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 1 grant of 2 (50%).
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,414,402 | $2,547,397 | $6,571,567 |
| Revenue | $12,656,190 | $10,927,375 | $16,107,648 |
| Expenses | $11,373,775 | $14,038,123 | $16,300,016 |
| Net Investment Income | $15,848 | $59,433 | $10,716 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS October 29, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS September 6, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Beneficent Technology Inc is led by Ayan Kishore, Chief Executive Officer since 2023 (on filings since 2021); 11 of 29 officers listed in 2024 are compensated.
Officers on the 2024 filing
Ayan Kishore
Chief Executive Officer
CEO → Chief Executive Officer, 2023
On filings since 2021
40 hrs/week
$26K (2021) → $319K (2024)
Gerardo Capiel
Board Chair -
Director → Board Chair -, 2024
On filings since 2020
1 hr/week
No compensation reported
James R. Fruchterman
Director
Founder → CEO - Tech Matters, 2021
CEO - Tech Matters → Director, 2023
On filings since 2020
1 hr/week
$244K (2020) → $0 (2024)
Jenny Hu
Director of It
New on the 2024 filing
40 hrs/week
$157K (2024)
Kevin Lo
Director -
Director → Board Chair, 2022
Board Chair → Director -, 2024
On filings since 2020
1 hr/week
No compensation reported
Katherine Schneider
Director -
Director → Director -, 2024
On filings since 2022
1 hr/week
No compensation reported
Yoko Nakao
Director -
Director → Director -, 2024
On filings since 2022
1 hr/week
No compensation reported
Rayanne Darensbourg
Director -
Director → Director -, 2024
On filings since 2023
1 hr/week
No compensation reported
Tim Elder
Director
On filings since 2023
1 hr/week
No compensation reported
Amanda Keton
Director -
New on the 2024 filing
1 hr/week
No compensation reported
Barbara Pape
Director
New on the 2024 filing
1 hr/week
No compensation reported
Jack Chen
Director - Start
New on the 2024 filing
1 hr/week
No compensation reported
Kris Esperitu
Director
New on the 2024 filing
1 hr/week
No compensation reported
Larry Wexler
Director
New on the 2024 filing
1 hr/week
No compensation reported
Pallavi Gondipalli
Director
New on the 2024 filing
1 hr/week
No compensation reported
Richard Mueller
Director
New on the 2024 filing
1 hr/week
No compensation reported
Rick Johnson
Director
New on the 2024 filing
1 hr/week
No compensation reported
Ted Borromeo
Director - Start
New on the 2024 filing
1 hr/week
No compensation reported
Charles Mark Lapierre
Prin. Access & Content Qlt Architect
Principal Accessibility → Architect, 2023
Architect → Prin. Access & Content Qlt Architect, 2024
On filings since 2020
40 hrs/week
$163K (2020) → $183K (2024)
John Brugge
Engineering Manager
Engineer Manager → Engineering Manager, 2023
On filings since 2020
40 hrs/week
$152K (2020) → $173K (2024)
Ronald K. Ellis III
Senior Engineer
On filings since 2020
40 hrs/week
$149K (2020) → $169K (2024)
Lisa Wadors Verne
Vice President Programs
On filings since 2022
40 hrs/week
$169K (2022) → $186K (2024)
Michael Johnson
Vice President Content
On filings since 2022
40 hrs/week
$170K (2022) → $182K (2024)
Jacob A. Brownell
Principal Engineer
On filings since 2023
40 hrs/week
$172K (2023) → $176K (2024)
Matthew Yip
Vice President Product & Engineering
On filings since 2023
40 hrs/week
$157K (2023) → $219K (2024)
Candace Brady
Vice President Advancement
New on the 2024 filing
40 hrs/week
$191K (2024)
Tia Jeffress
Vice President Finance & Administration
New on the 2024 filing
40 hrs/week
$195K (2024)
Theresa Fay-Bustillos
Board Secretary
Director → Board Secretary, 2024
On filings since 2020
1 hr/week
No compensation reported
June Klein
Board Treasurer
Director → Board Treasurer, 2024
On filings since 2022
1 hr/week
No compensation reported
Former officers (24)
- Former: Aaron Firestone (2021–2023) — Vice President Data Insights
- Former: Hema Sundarraj (2022–2023) — Director
- Former: Tamara Rorie (2022–2023) — Director
- Former: Kathryn Beehler (2023) — Senior Product Manager
- Former: Christy Remey Chin (2020–2022) — Director
- Former: David Murphy (2020–2022) — Director of Engineering
- Former: Joel Riciputi (2020–2022) — Cbo
- Former: Anderson Paul (2022) — Senior Engineer
- Former: Brownell Jocob A. (2022) — Senior Engineer
- Former: Hu Jenny (2022) — It Manager
- Former: Hurlburt Nicholas R. (2022) — Director of Engineering - Aselo
- Former: Kennedy Blake L. (2022) — Senior Engineer
- Former: Paul Schreiber (2022) — Director of Engineering - Terraso
- Former: Bradley Turner (2020–2021) — Gm & Vice President
- Former: Elizabeth Beaumon (2020–2021) — CEO
- Former: Fred Slone (2020–2021) — Director of Ops
- Former: Jane Poole (2020–2021) — Vice President Hr
- Former: Jennifer McFarlane (2020–2021) — Director
- Former: Katie Dill (2020–2021) — Director
- Former: Samuel Bright (2020–2021) — Director
- Former: Tie Kim (2020–2021) — CFO
- Former: J. Leighton Read MD (2020) — Director
- Former: Kaliprasad Naidu (2020) — Vice President Benetech Labs
- Former: Robert Wexler (2020) — Secretary
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $319K, to Ayan Kishore (Chief Executive Officer). 11 officers or directors reported compensation on that filing.
Frequently asked questions about Beneficent Technology Inc
How large is Beneficent Technology Inc?
Beneficent Technology Inc reported $3.4M in total assets on its 2024 IRS Form 990. Its revenue that year was $12.7M.
What is Beneficent Technology Inc?
Beneficent Technology Inc is a public charity focused on Human Services, based in Palo Alto, CA. It holds $3.4M in total assets as of 2024.
Where does Beneficent Technology Inc operate?
Beneficent Technology Inc has awarded grants in California, District of Columbia.
What is Beneficent Technology Inc's EIN?
Beneficent Technology Inc's EIN (Employer Identification Number) is 77-0555413. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Beneficent Technology Inc by hand.
Explore Open Grants
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