The Convergence Institute

AUSTIN, TX EIN: 74-2871700

The Convergence Institute is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AUSTIN, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.4M in total assets. In 2024, it awarded 1 grants totaling $100K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.4M

-5.9% YoY

Annual Giving

$100K

+88.7% YoY

Grant Count

1

-80.0% YoY

Avg Grant Size

$100K

+843.4% YoY

About The Convergence Institute

Based on IRS filings

The Convergence Institute is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AUSTIN, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.4M in total assets. In 2024, it awarded 1 grants totaling $100K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

10states
+2 more states

Cities

AtlantaAustinHarlanHermitageKansas CityMountain ViewNew YorkOaklandPhiladelphiaSan FranciscoTallahasseeWarrenton

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$84K$169K$253K$338K20202021202220232024
Metric202420232022
Total Assets$2,400,708$2,550,937$2,539,079
Revenue$156,691$80,629$186,619
Expenses$306,920$68,771$64,776
Qualifying Distributions$101,750$54,749$54,040
Net Investment Income$78,879$185,119
Distributable Amount$10,667$39,812$53,254

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$75K$100K1 grants20203 grants20217 grants20225 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

UCSF FOUNDATION$100K

Grant Size Distribution

17 grants across all recorded years

16<$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

From 2024 filing

NameTitleHoursCompensation
THOMAS B MARTINPRESIDENT5
MARY MARTINSECRETARY5
THOMAS B MARTIN IIITREASURER5

Subject Areas

Focus areas based on grantmaking activity

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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