TO UNLEASH INNOVATION AND ENTREPRENEURSHIP THAT WILL SOLVE ENVIRONMENTAL CHALLENGES AND CATALYZE SHARED ECONOMIC PROSPERITY. PROVIDE FUNDING AND HOLISTIC ENTREPRENEURIAL SUPPORT TO CLEANTECH STARTUPS.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.0M
-16.2% YoY
Annual Giving
$392K
+459.4% YoY
Grant Count
3
-25.0% YoY
Avg Grant Size
$131K
+645.9% YoY
About VertueLab
Based on IRS filings
VertueLab is a nonprofit organization focused on Science & Technology, based in PORTLAND, OR. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.0M in total assets. In 2024, it awarded 3 grants totaling $392K. Net investment income was $20K.
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 | $5,987,072 | $7,145,334 | $6,880,373 |
| Revenue | $1,737,181 | $2,215,379 | $2,827,087 |
| Expenses | $2,695,497 | $3,064,486 | $1,883,081 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $20,076 | $32,601 | $660,648 |
| 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 3 recipients in 2024
Grant Size Distribution
26 grants across all recorded years
Open Grants
6 open opportunities from VertueLab
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Latino Founders ($180,000), Washington Clean Energy Testb ($113,988), Clean Tech Alliance ($97,600).
| Recipient | Purpose | Amount |
|---|---|---|
| CLEAN TECH ALLIANCE SEATTLE, WA | — | $97,600 |
| LATINO FOUNDERS PORTLAND, OR | FISCAL SPONSORSHIP | $180,000 |
| WASHINGTON CLEAN ENERGY TESTB SEATTLE, WA | — | $113,988 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KEN VAUGHN | DIR IMPACT INVEST | 40 | $150,338 |
| AINA ABIODUN | Executive Dir. | 40 | $143,333 |
| JUAN BARRAZA | DIR INNOV & ENTR | 40 | $134,330 |
| FELICIA KANG | DIR FINANCE & OPER | 40 | $107,890 |
| DAVID KENNEY | PAST EXEC DIR | 40 | $74,392 |
| HEATHER ANDERSEN | CHAIR | 2 | — |
| JOSEPH CONNORS | Secretary/Treas | 2 | — |
| KELLY LYONS | Director | 2 | — |
| CAROL DAHL | Director | 2 | — |
| JEFF CANIN | Director | 2 | — |
| MIGUEL SOSSA | Director | 2 | — |
| ALLISON ARNOLD | Director | 2 | — |
| RACHEL JAGODA-BRUNETTE | Director | 2 | — |
| LEM WHITE | Director | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is VertueLab?
VertueLab is a nonprofit organization focused on Science & Technology, based in PORTLAND, OR. It holds $6.0M in total assets as of 2024.
How large is VertueLab?
As of 2024, VertueLab holds $6.0M in total assets with $1.7M in annual revenue. It awarded 3 grants totaling $392K in 2024.
Where does VertueLab operate?
VertueLab has awarded grants in Oregon, Washington.
What size grants does VertueLab award?
In 2024, VertueLab awarded 3 grants totaling $392K — an average of about $131K per grant, based on its IRS Form 990 filings.
What is VertueLab's EIN?
VertueLab's EIN (Employer Identification Number) is 26-1652936. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in VertueLab's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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