TO UNLEASH INNOVATION AND ENTREPRENEURSHIP THAT WILL SOLVE ENVIRONMENTAL CHALLENGES AND CATALYZE SHARED ECONOMIC PROSPERITY. PROVIDE FUNDING AND HOLISTIC ENTREPRENEURIAL SUPPORT TO CLEANTECH STARTUPS.
Key facts about VertueLab
- EIN
- 26-1652936
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $391,588
- Grants made (2024)
- 3
- Average grant
- $130,529
- Median grant
- $113,988
- Total assets
- $5,987,072
- Primary geography
- Washington (54% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated April 2026.
Who VertueLab funds
By grant dollars, the top recipient states for VertueLab's 3 itemized 2024 grants were Washington (54%) and Oregon (46%). The most frequent recipient cities were Seattle, WA (2 grants).
How VertueLab gives
- Giving grew 334% from 2021 to 2024. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with VertueLab
- How to evaluate VertueLab as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to VertueLab with AI
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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
Share of all 3 itemized 2024 grant dollars.
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 | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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 recipients include Latino Founders ($180,000), Washington Clean Energy Testb ($113,988), Clean Tech Alliance ($97,600).
| Recipient | Purpose | Amount |
|---|---|---|
| LATINO FOUNDERS Portland, OR | FISCAL SPONSORSHIP | $180,000 |
| WASHINGTON CLEAN ENERGY TESTB Seattle, WA | — | $113,988 |
| CLEAN TECH ALLIANCE Seattle, WA | — | $97,600 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 IRS 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.