Destiny Ventures Inc is a private foundation focused on Public, Societal Benefit, based in RALEIGH, NC. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $9K in total assets. In 2024, it made $117K in qualifying distributions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$9K
-24.6% YoY
Revenue
$133K
-9.1% YoY
Qualifying Distributions
$117K
+23.2% YoY
Expenses
$135K
+11.4% YoY
Under IRS private-foundation payout rules, Destiny Ventures Inc reported a distributable amount of $356 for 2024 — the minimum it must pay out in qualifying distributions.
About Destiny Ventures Inc
Based on IRS filings
Destiny Ventures Inc is a private foundation focused on Public, Societal Benefit, based in RALEIGH, NC. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $9K in total assets. In 2024, it made $117K in qualifying distributions.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $9,466 | $12,552 | $7,877 |
| Revenue | $132,737 | $145,950 | $33,000 |
| Expenses | $135,257 | $121,444 | $45,632 |
| Qualifying Distributions | $117,119 | $95,031 | $45,632 |
| Net Investment Income | — | — | — |
| Distributable Amount | $356 | $421 | $194 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAVE KOCH | BOARD CHAIR | 1 | — |
| COBURN MURRAY | BOARD MEMBER | 1 | — |
| JOSIAH CORRIGAN | BOARD MEMBER | 1 | — |
| CHRIS HODGES | TREASURER | 1 | — |
| NINA ROBERSON | SECRETARY | 1 | — |
| RYAN JACKSON | BOARD MEMBER | 1 | — |
| MILES HONEYCUTT | BOARD MEMBER | 1 | — |
| DAN ALEXANDER | BOARD VICE CHAIR | 1 | — |
| BEN SPICKARD | BOARD MEMBER | 1 | — |
| JOSH OLIVER | BOARD MEMBER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Destiny Ventures Inc?
Destiny Ventures Inc is a private foundation focused on Public, Societal Benefit, based in RALEIGH, NC. It holds $9K in total assets as of 2024.
How large is Destiny Ventures Inc?
As of 2024, Destiny Ventures Inc holds $9K in total assets with $133K in annual revenue.
Where does Destiny Ventures Inc operate?
Destiny Ventures Inc has awarded grants in North Carolina.
How much is Destiny Ventures Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Destiny Ventures Inc reported a distributable amount of $356 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Destiny Ventures Inc's EIN?
Destiny Ventures Inc's EIN (Employer Identification Number) is 88-1755399. IRS Form 990 filing data is available on this page for 2022–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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