Modern Markets Initiative Inc
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
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Bridge to Enter Advanced Mathematics ($103,994), Nyu College Career Lab ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| NYU COLLEGE CAREER LAB NEW YORK, NY | HIGHER EDUCATION. | $15,000 |
| BRIDGE TO ENTER ADVANCED MATHEMATICS BROOKLYN, NY | YOUTH EMPOWERMENT EDUATIONAL PROGAMS. | $103,994 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD GRANT | DIRECTOR | 2.5 | — |
| ADAM NUNES | DIRECTOR | 2.5 | — |
| KEN WILSON | DIRECTOR | 2.5 | — |
| JOHANNAH LADD | DIRECTOR | 2.5 | — |
| KIRSTEN WEGNER | CEO | 45 | $499,808 |
Frequently Asked Questions
Where does Modern Markets Initiative Inc operate?
Modern Markets Initiative Inc has awarded grants in New York.
What size grants does Modern Markets Initiative Inc award?
In 2024, Modern Markets Initiative Inc awarded 2 grants totaling $119K — an average of about $59K per grant, based on its IRS Form 990 filings.
What is Modern Markets Initiative Inc's EIN?
Modern Markets Initiative Inc's EIN (Employer Identification Number) is 46-4440917. IRS Form 990 filing data is available on this page for 2020–2024.
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Browse active grant opportunities in Modern Markets Initiative Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.