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California Emerging Technology Fund

CONCORD, CA EIN: 20-5184429 Website

The California Emerging Technology Fund (CETF) is a 501(c)(3) nonprofit organization headquartered in Concord, California. Established in 2006 and tax-exempt since April 2007, CETF operates as a unique national organization dedicated to closing the digital divide by addressing both the supply and demand sides of broadband access. The organization brings together diverse stakeholders—elected officials, policymakers, civic leaders, community-based organizations, and broadband providers—to collectively address digital equity challenges across California.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$12.1M

-35.4% YoY

Annual Giving

$4.1M

+73.3% YoY

Grant Count

55

+139.1% YoY

Avg Grant Size

$74K

-27.5% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

Mission: Close the Digital Divide in California by accelerating the deployment and adoption of broadband and other advanced communications services to unserved and underserved communities.

CETF uses "broadband" as a generic term for high-speed Internet infrastructure, including both wireline and wireless networks and advanced communications such as 5G. The organization is distinguished by its focus on addressing both supply-side challenges (broadband deployment) and demand-side challenges (broadband adoption) to increase the use of technologies enabled by ubiquitous high-speed Internet access.

Primary Focus Areas:

  • Broadband deployment to unserved and underserved communities
  • Digital inclusion and adoption programs
  • Education and digital equity initiatives
  • Community capacity building

Grantmaking

CETF awards grants to support broadband deployment and digital inclusion efforts. Based on recent activity, typical grant awards range from $5,040 to $1,867,230.

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Geographic Focus

Where this funder awards grants

CETF operates statewide throughout California, with a focus on unserved and underserved communities across all regions of the state.

Grant Distribution by State

3states

Cities

American CanyonArtesiaBellBell GardensBellflowerBishopBrawleyBridgeportCalimesaCalmesaCamarilloCathedral CityChicoColumbusCommerceConcordCrescent CityDowneyDownievilleDuarte

Financial History

Multi-year comparison from IRS filings

Most Recent Financial Data (Fiscal Year Ending June 2025):

  • Total Assets: $12,139,308
  • Total Revenue: $3,938,233
  • Total Expenses: $10,441,474
  • Net Income: -$6,503,241
  • Total Giving: $4,076,320

Staff: The organization employs approximately 14-17 staff members.

Historical Context: CETF concluded its first 10 years of operation in 2017 and published a Decade Report. The organization operates under a 5-Year Strategic Plan with aggressive goals to achieve at least 98% deployment in each region and 90% adoption statewide.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$6M$9M$12M20212022202320242025
Metric202520242023
Total Assets$12,139,308$18,788,602$27,147,491
Revenue$3,938,233$2,662,388$3,574,011
Expenses$10,441,474$10,591,270$9,491,888
Qualifying Distributions
Net Investment Income$444,101$425,084$241,957
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M$4M20 grants202124 grants202214 grants202323 grants202455 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

AGIF Education Foundation$880KLos Angeles County Econo…$120KSigma Beta Xi$79KValley Vision$66KSouthern California Asso…$50KSourtheast Community Dev…$30KEconomic Development Col…$30KSierra Business Council$30KCounty of Inyo$30KTech Exchange$26K

Grant Size Distribution

131 grants across all recorded years

90<$50K14$50–100K19$100–250K6$250–500K1$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include AGIF Education Foundation ($879,510), Los Angeles County Economic Development Corporation ($120,000), Sigma Beta Xi ($78,710).

RecipientPurposeAmount
CSU Fresno Foundation Fresno, CAto support programs that increase broadband awareness and adoption$17,320
Sigma Beta Xi Moreno Valley, CAto support programs that increase broadband awareness and adoption$78,710
Sourtheast Community Development Corporation Bell, CAto support programs that increase broadband awareness and adoption$30,265
AGIF Education Foundation Santa Maria, CAto support programs that increase broadband awareness and adoption$879,510
Binational of Central California Fresno, CAto support programs that increase broadband awareness and adoption$7,060
Monterey Bay Economic Partnership Marina, CAto support programs that increase broadband awareness and adoption$20,000
Cal Poly Humboldt Concord, CAto support programs that increase broadband awareness and adoption$10,000
Los Angeles County Economic Development Corporation Los Angeles, CAto support programs that increase broadband awareness and adoption$120,000
Economic Development Collaborative Camarillo, CAto support programs that increase broadband awareness and adoption$30,000
Sierra Business Council Truckee, CAto support programs that increase broadband awareness and adoption$30,000

Leadership & Key People

Leadership team and compensation from IRS filings

President and CEO: Sunne Wright McPeak (2021 salary: $375,500)

Compensation Overview

From 2025 IRS filing

Sunne Wright McPeakPresident and CEO$427KAgustin UrgilesSchool2Home Executive Mana$203KRaquel CinatAssociate Vice President$181KAnne OChief Management Officer$180KAlana O'BrienVice President Operations$153KCharlene TatisDirector of Digital Inclus$152KJessica WoznakChief Opearting Officer$73KRichard MottaTreasurer$52KRenee MartinezChair$16KJim KirklandDirector$10KFrancis GipsonDirector$9KCarlos RamosSecretary$9KMartha EscutiaDirector$4K

From 2025 filing

NameTitleHoursCompensation
Renee MartinezChair3$16,000
Darrell StewartVice Chair2
Carlos RamosSecretary2$8,500
Richard MottaTreasurer6$52,250
Jeff CampbellDirector2
Martha EscutiaDirector2$3,500
Francis GipsonDirector2$8,750
Jim KirklandDirector2$9,500
Tim McCallionDirector2
Lenny MendoncaDirector2
Shireen SantoshamDirector2
Barb Johnston YellowleesDirector2
Sunne Wright McPeakPresident and CEO40$426,800
Jessica WoznakChief Opearting Officer40$73,200
Anne OChief Management Officer40$180,380
Agustin UrgilesSchool2Home Executive Mana40$203,000
Raquel CinatAssociate Vice President40$181,380
Charlene TatisDirector of Digital Inclus40$151,700
Alana O'BrienVice President Operations40$152,900

Recent News & Activity

Recent developments and announcements

CETF has been active in awarding grants and supporting digital equity initiatives:

Digital Equity Grants Awarded to California Locals - California Emerging

Announced Digital Equity Grants to California local governments

California Emerging Technology Fund Awards $20,000 Grants to 36 Local Governments

Distributed $200,000 in funding through the California Public Utilities Commission Digital Divide Grant Program

CPUC Awards $200,000 in Funding as Part of Digital Divide Grant Program -

Awarded $20,000 grants to 36 local governments as part of the Local Government Best Practices Check List Project

California Emerging Technology Fund Awards $20,000 Grants to 36 Local Governments

The organization continues to focus on institutionalization—building capacity in public and private institutions to incorporate Digital Inclusion policies and practices into their ongoing operations and programs.

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does California Emerging Technology Fund fund?

**Mission:** Close the Digital Divide in California by accelerating the deployment and adoption of broadband and other advanced communications services to unserved and underserved communities. CETF uses "broadband" as a generic term for high-speed Internet infrastructure, including both wireline and wireless networks and advanced communications such as 5G. The organization is distinguished by its focus on addressing both supply-side challenges (broadband deployment) and demand-side challenges (…

How do I apply for a grant from California Emerging Technology Fund?

CETF awards grants to support broadband deployment and digital inclusion efforts. Based on recent activity, typical grant awards range from $5,040 to $1,867,230. **Recent Grant Activity:** • Awarded $20,000 grants to 36 local governments through the Local Government Best Practices Check List Project • Distributed $200,000 in funding as part of a Digital Divide Grant Program in partnership with the California Public Utilities Commission • Total giving in fiscal year 2025: $4,076,320 **Program Pa…

Where does California Emerging Technology Fund make grants?

CETF operates statewide throughout California, with a focus on unserved and underserved communities across all regions of the state.

What size grants does California Emerging Technology Fund award?

In 2025, California Emerging Technology Fund awarded 55 grants totaling $4.1M — an average of about $74K per grant, based on its IRS Form 990 filings.

What is California Emerging Technology Fund's EIN?

California Emerging Technology Fund's EIN (Employer Identification Number) is 20-5184429. IRS Form 990 filing data is available on this page for 2021–2025.

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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