REV1 Ventures
We help entrepreneurs of central Ohio tech start-ups build great companies through our unique venture development services, business incubator and capital attraction.
REV1 Ventures at a glance
In short: REV1 Ventures gave $960K across 7 grants in 2024 (avg $137K), mostly in Ohio. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $960,000
- +113.3% vs 2023
- Grants made (2024)
- 7
- +40.0% vs 2023
- Average grant
- $137,143
- +52.4% vs 2023
- Median grant
- $110,000
- Total assets
- $34,045,153
- +10.6% vs 2023
- Primary geography
- Ohio (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
How to apply to REV1 Ventures
Open Grants
3 open opportunities from REV1 Ventures
Rev1 Fund I
REV1 Ventures
Amount
Up to $1,000,000 per investment
Deadline
Deadline not published
Rev1 NCH Fund I (Life Sciences Fund)
REV1 Ventures
Amount
$5,500,000
Deadline
Deadline not published
State Auto Labs Corporate Venture Fund
REV1 Ventures
Amount
$25,000,000
Deadline
Deadline not published
Who REV1 Ventures funds
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
The largest 2024 recipient was Hyperpath ($250K). Together the top 7 received $960K.
Grant Size Distribution
33 grants across all recorded years
The most common grant size was in the $100–250K range: 24 grants of 33 (73%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 7 itemized grants.
Cities
How REV1 Ventures gives
- Giving grew 31% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $450K (2023) to $1.2M (2022). In 2024 it made 7 grants totaling $960K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Hyperpath Athens, OH | Employee COSTS,EQUIPMENT, Supplies | $250,000 |
| Lacclamp Columbus, OH | Employee COSTS,EQUIPMENT, Supplies | $150,000 |
| Objective Hearing Worthington, OH | Employee COSTS,EQUIPMENT, Supplies | $150,000 |
| Genosera Columbus, OH | Employee COSTS,EQUIPMENT, Supplies | $110,000 |
| Arma Columbus, OH | Employee COSTS,EQUIPMENT, Supplies | $100,000 |
| Icarenetwork Columbus, OH | Employee COSTS,EQUIPMENT, Supplies | $100,000 |
| Myle Lewis Center, OH | Employee COSTS,EQUIPMENT, Supplies | $100,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $34,045,153 | $11,912,927 | $11,097,596 | $960,000 | 7 | $384,504 |
| 2023 | $30,782,227 | $11,093,890 | $11,389,907 | $450,000 | 5 | $57,327 |
| 2022 | $26,835,719 | $12,957,997 | $12,233,760 | $1,200,000 | 9 | $-605,634 |
| 2021 | $26,327,627 | $11,835,439 | $9,746,521 | $733,500 | 7 | $1,635,483 |
| 2020 | $21,187,153 | $10,381,705 | $8,999,207 | $615,000 | 5 | $595,416 |
About REV1 Ventures
Based on IRS filings
REV1 Ventures is a public charity focused on Education, based in Columbus, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $34.0M in total assets. In 2024, it awarded 7 grants totaling $960K. Net investment income was $385K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
REV1 Ventures is led by Tom Walker, CEO & President on every filing since 2020; 11 of 24 officers listed in 2024 are compensated.
Officers on the 2024 filing
Tom Walker
CEO & President
On filings since 2020
40 hrs/week
$562K (2020) → $786K (2024)
Matt Cynkar
Managing Director & Market Intelligence
Managing Director → Managing Director & Market Intelligence, 2022
On filings since 2020
40 hrs/week
$180K (2020) → $198K (2024)
Alica Oddi
Managing Director & Entrepreneur Programs
Managing Director → Managing Director & Entrepreneur Programs, 2022
On filings since 2021
40 hrs/week
$156K (2021) → $186K (2024)
Dionnica Gaston
Managing Director & Talent
On filings since 2022
40 hrs/week
$130K (2022) → $177K (2024)
Andrea O'Carroll
Managing Director & Corporate Partnerships
On filings since 2023
40 hrs/week
$186K (2023) → $197K (2024)
Melinda Gloriosa
Managing Director & Investments
On filings since 2023
40 hrs/week
$167K (2023) → $184K (2024)
David Meuse
Director
On filings since 2020
No compensation reported
Kim Zavislak
Director
On filings since 2020
No compensation reported
Mike Papadakis
Director
On filings since 2020
No compensation reported
Shaun Young
Director
On filings since 2021
No compensation reported
Chetan Kandhari
Director
On filings since 2022
No compensation reported
Dave Dennis
Director
On filings since 2022
No compensation reported
Matthew Orr
Director
On filings since 2022
No compensation reported
Peter Mohler
Director
On filings since 2022
No compensation reported
Terrence O'Donnell
Director
On filings since 2022
No compensation reported
Michael Luh
Director
On filings since 2023
No compensation reported
Amy Taylor
Director
New on the 2024 filing
No compensation reported
Dennis Durbin
Director
New on the 2024 filing
No compensation reported
David Dillman
Chief Financial Officer
On filings since 2020
40 hrs/week
$286K (2020) → $309K (2024)
Julia Dewey
Vice President & Corporate Partnerships
Managing Director → Vice President & Corporate Partnerships, 2022
On filings since 2020
40 hrs/week
$156K (2020) → $222K (2024)
Ryan Helon
Executive Vice President & Investment Funds
On filings since 2020
40 hrs/week
$306K (2020) → $304K (2024)
Wayne Embree
Executive Vice President, Investments & Venture Acceleration
Executive Vice President, Investments & Venture Acceleration → Executive Vice President, Investments & Venture, 2021
Executive Vice President, Investments & Venture → Executive Vice President, Investments & Venture Acceleration, 2022
On filings since 2020
40 hrs/week
$300K (2020) → $286K (2024)
Kristy Campbell
Executive Vice President & Chief Operations Officer
On filings since 2023
40 hrs/week
$309K (2023) → $329K (2024)
Sue Zazon
Treasurer
On filings since 2020
No compensation reported
Former officers (17)
- Former: Mike McCann (2020–2023) — Chief Business Devel Officer to
- Former: Stephanie Fortener (2020–2023) — Director
- Former: Timothy Robinson (2020–2023) — Director
- Former: Sara Risch (2022–2023) — Managing Director & Venture Development
- Former: Andy Rose (2020–2022) — Chair
- Former: Kristina Campbell (2020–2022) — Executive Vice President & Chief Operations Officer
- Former: Michael Kindrat-Pratt (2020–2022) — Former Key Employee
- Former: Bethany George (2020–2021) — Managing Director
- Former: Grace Wang (2020–2021) — Director
- Former: Kim Garland (2020–2021) — Director
- Former: Michele Holcomb (2020–2021) — Director
- Former: Richard Parker Macdonell (2020–2021) — Managing Director
- Former: Susan Rector (2020–2021) — Director
- Former: Carter Stewart (2020) — Director
- Former: David Bergeron (2020) — Advisory Partner
- Former: John Schroepfer (2020) — Managing Director
- Former: Kevin Reeves (2020) — Director
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
The highest reported compensation on the 2024 filing was $786K, to Tom Walker (CEO & President). 11 officers or directors reported compensation on that filing.
Frequently asked questions about REV1 Ventures
How much does REV1 Ventures give each year?
REV1 Ventures gave $960K across 7 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $450K across 5 grants.
What is REV1 Ventures's typical grant size?
REV1 Ventures's median grant in 2024 was $110,000, and its average grant was $137,143, across 7 grants on its 2024 IRS Form 990.
Where does REV1 Ventures give grants?
REV1 Ventures gives mostly in Ohio: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Columbus, OH (4 grants).
Does REV1 Ventures give general operating support?
Not in 2024: none of the 7 grants with a stated purpose on REV1 Ventures's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Employee COSTS,EQUIPMENT, Supplies" (7 grants).
Who are REV1 Ventures's largest grantees?
REV1 Ventures's largest 2024 grantees include Hyperpath ($250,000), Lacclamp ($150,000) and Objective Hearing ($150,000), according to its 2024 IRS Form 990. Together they received 57% of its itemized 2024 grant dollars.
How large is REV1 Ventures?
REV1 Ventures reported $34.0M in total assets on its 2024 IRS Form 990. Its revenue that year was $11.9M.
What is REV1 Ventures?
REV1 Ventures is a public charity focused on Education, based in Columbus, OH. It holds $34.0M in total assets as of 2024.
What is REV1 Ventures's EIN?
REV1 Ventures's EIN (Employer Identification Number) is 31-1658220. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 12, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 4, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 13, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in REV1 Ventures's focus areas in our free grants database
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REV1 Ventures down — hundreds of funders to go?