Beneficent Technology Inc logo

Beneficent Technology Inc

Public charity · Grantmaker Palo Alto, CA EIN: 77-0555413 Website

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

2states

Cities

Palo AltoWashington

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M0 grants2020 Total only2021 1 grant2022 1 grant2023 0 grants2024

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

1<$50K$50–100K$100–250K$250–500K$500K–1M1$1–5M$5M+

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

Revenue
Expenses
Net Investment Income
$0$5M$10M$15M$20M2020 2021 2022 2023 2024
Metric202420232022
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

  1. Updated Form 990 for fiscal year 2021 (received by the IRS October 29, 2022)
  2. Updated Form 990 for fiscal year 2022 (received by the IRS September 6, 2023)
  3. Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
  4. 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

Ayan Kishore — Chief Executive Officer: $319KAyan KishoreChief Executive Officer$319KMatthew Yip — VP Product & Engineering: $219KMatthew YipVP Product & Engineering$219KTIA Jeffress — VP Finance & Administration: $195KTIA JeffressVP Finance & Administration$195KCandace Brady — VP Advancement: $191KCandace BradyVP Advancement$191KLisa Wadors Verne — VP Programs: $186KLisa Wadors VerneVP Programs$186KCharles Mark Lapierre — Prin. Access & Content QLT Architect: $183KCharles Mark LapierrePrin. Access & Content QLT…$183KMichael Johnson — VP Content: $182KMichael JohnsonVP Content$182KJacob a Brownell — Principal Engineer: $176KJacob a BrownellPrincipal Engineer$176KJohn Brugge — Engineering Manager: $173KJohn BruggeEngineering Manager$173KRonald K Ellis III — Senior Engineer: $169KRonald K Ellis IIISenior Engineer$169KJenny Hu — Director of It: $157KJenny HuDirector of It$157K

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.

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