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Modern Markets Initiative Inc

JERICHO, NY EIN: 46-4440917 Website

THE ORGANIZATION IS FOCUSED ON DEMONSTRATING THE BENEFITS OF ALGORITHMIC OR QUANTITATIVE TRADING, OFTEN REFERRED TO AS HIGH-FREQUENCY TRADING, IN TODAY'S MODERN MARKETS.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$119K

Grant Count

2

Avg Grant Size

$59K

About Modern Markets Initiative Inc

Based on IRS filings

Modern Markets Initiative Inc is a nonprofit organization, based in JERICHO, NY. IRS filing data is available from 2020 through 2024. In 2024, it awarded 2 grants totaling $119K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

BrooklynNew York

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$252K$505K$757K$1M20202021202220232024
Metric202420232022
Total Assets$803,916$1,032,506
Revenue$696,000$892,000
Expenses$803,916$917,390$885,590
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$30K$59K$89K$119K0 grants20201 grants20210 grants20220 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

BRIDGE TO ENTER ADVANCED…$104KNYU COLLEGE CAREER LAB$15K

Grant Size Distribution

3 grants across all recorded years

2<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

KIRSTEN WEGNERCEO$500K

From 2024 filing

NameTitleHoursCompensation
RICHARD GRANTDIRECTOR2.5
ADAM NUNESDIRECTOR2.5
KEN WILSONDIRECTOR2.5
JOHANNAH LADDDIRECTOR2.5
KIRSTEN WEGNERCEO45$499,808

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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