2025-12-03T16:43:55-06:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2023-01-01 883094715 INSPIRE ACCESS INSP 3017042002 9001 DURHAM DRIVE POTOMAC MD 20854 PATRICE KING BRICKMAN PRESIDENT & CEO 3017042002 2025-12-03 1 0 ANN NEIL P01817922 6123764500 2025-12-03 2023 2025-03-06 01:10:19Z X X PATRICE KING BRICKMAN 9001 DURHAM DRIVE POTOMAC MD 20854 1649492 0 X HTTPS://WWW.INSPIREACCESS.ORG/ X 2022 MD OUR MISSION IS TO MOBILIZE PHILANTHROPIC CAPITAL TOWARDS FOR-PROFIT VENTURES IN SUPPORT OF UNDERREPRESENTED FOUNDERS AND COMMUNITIES WHO HAVE HISTORICALLY LACKED ACCESS TO CAPITAL. WE ADVANCE THIS BY PROVIDING PRIS, FISCAL SPONSORSHIPS, AND OTHER FOUNDER-FRIENDLY TOOLS THAT CHANNEL UNRESTRICTED DONATIONS INTO MISSION-ALIGNED VENTURES. 6 5 0 0 89227 17281 1042798 0 92405 0 1135203 25000 0 0 0 66263 288206 313206 821997 5630384 4822065 808319 X OUR MISSION IS TO MOBILIZE PHILANTHROPIC CAPITAL TOWARDS FOR-PROFIT VENTURES IN SUPPORT OF UNDERREPRESENTED FOUNDERS AND COMMUNITIES WHO HAVE HISTORICALLY LACKED ACCESS TO CAPITAL. WE ADVANCE THIS BY PROVIDING PRIS, FISCAL SPONSORSHIPS, AND OTHER FOUNDER-FRIENDLY TOOLS THAT CHANNEL UNRESTRICTED DONATIONS INTO MISSION-ALIGNED VENTURES. 0 0 188395 25000 4700 INSPIRE ACCESS MOBILIZES UNRESTRICTED PHILANTHROPIC CAPITAL TO SUPPORT FOR-PROFIT VENTURES ADVANCING RACIAL, GENDER, AND ECONOMIC EQUITY. WE SERVE AS A MISSION-DRIVEN INTERMEDIARY BRIDGING THE GAP BETWEEN TRADITIONAL CHARITABLE GIVING AND IMPACT INVESTING. OUR MODEL ADDRESSES A CRITICAL CAPITAL MARKET FAILURE: UNDERREPRESENTED FOUNDERS OFTEN OPERATE IN SECTORS AND GEOGRAPHIES OVERLOOKED BY CONVENTIONAL INVESTORS, YET MANY DONORS LACK TOOLS OR INFRASTRUCTURE TO DIRECT CHARITABLE DOLLARS TOWARD THESE VENTURES.BEYOND CAPITAL, WE FACILITATED ACCESS TO NETWORKS, SURFACING OPPORTUNITIES AND CATALYZING RELATIONSHIPS THAT HELPED FOUNDERS SECURE FOLLOW-ON CAPITAL, ADVISORY SUPPORT, AND VISIBILITY WITHIN THE BROADER PHILANTHROPIC AND VENTURE ECOSYSTEMS.THROUGH THIS WORK, INSPIRE ACCESS IS HELPING RESHAPE HOW PHILANTHROPY FLOWS INTO THE PRIVATE SECTOR. WE CONTINUE TO ENGAGE DONORS AND PARTNERS IN UNDERSTANDING HOW DONOR-ADVISED FUNDS (DAFS) CAN BE USED TO SUPPORT OUR MISSION. IN PARALLEL, WE SERVE AS A THOUGHT LEADER AND CONVENER BY HOSTING GATHERINGS, SHARING INSIGHTS, AND CREATING SPACES WHERE DONORS, FOUNDERS, AND FUND MANAGERS CAN LEARN FROM ONE ANOTHER. THESE EFFORTS HELP SHIFT PHILANTHROPIC BEHAVIOR AND EXPAND MEANINGFUL ACCESS TO CAPITAL, NETWORKS, AND VISIBILITY FOR UNDERREPRESENTED FOUNDERS, ALL IN SERVICE OF OUR PUBLIC CHARITABLE PURPOSE. 188395 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 6 5 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 1 1 MD X CHRISTINE RODDY 7032014162 9001 DURHAM DRIVE POTOMAC MD 20854 X PATRICE KING BRICKMAN PRESIDENT & CEO 1.00 X X 0 0 0 ERNITA THOMAS TREASURER 1.00 X X 0 0 0 LEROY PINGHO SECRETARY 1.00 X X 0 0 0 HILLARY BALTIMORE DIRECTOR 1.00 X 0 0 0 LAURIE MARTIN DIRECTOR 1.00 X 0 0 0 ANNE MOSLE DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 1042798 1042798 89227 89227 517467 514289 3178 3178 3178 1135203 0 89227 3178 X 25000 25000 1560 1560 7044 7044 81553 39127 42426 70389 17000 2389 51000 844 284 206 354 12766 5106 1277 6383 19598 8526 2546 8526 89997 89997 UBI TAX 3355 3355 MISCELLANEOUS EXPENSE 1100 1100 313206 188395 58548 66263 134940 5222358 273086 0 5630384 3355 4818710 0 4822065 X 527919 280400 0 808319 0 5630384 821997 -13678 0 X 1 X 0 0 0 X 1042798 1042798 1042798 1042798 78740 964058 20201 20201 1062999 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1348316 -13678 233835 220157 1128159 7044 7044 1135203 539997 233835 233835 306162 7044 7044 313206 1 AMALGAMATED CHARITABLE FOUNDATION 1825 K ST NW WASHINGTON DC 20006 821517696 501(C)(3) 25000 0 GENERAL SUPPORT 1 0 PART I, LINE 2: INSPIRE ACCESS MAINTAINS RECORDS TO DOCUMENT THE AMOUNT, PURPOSE, AND CHARITABLE INTENT OF ALL GRANT DISBURSEMENTS AND PROGRAM-RELATED INVESTMENTS (PRIS). FOR EACH INVESTMENT OR GRANT, WE COLLECT AND RETAIN DOCUMENTATION DEMONSTRATING THE RECIPIENT'S ELIGIBILITY, ALIGNMENT WITH OUR CHARITABLE MISSION, AND USE OF FUNDS FOR ACTIVITIES THAT FURTHER A 501(C)(3) PURPOSE. PATRICE KING BRICKMAN PRESIDENT & CEO START UP CAPITAL X 5099110 4818710 0 1 1 4818710 FORM 990, PART VI, SECTION A, LINE 8B INSPIRE ACCESS MAINTAINS CONTEMPORANEOUS DOCUMENTATION OF ALL BOARD MEETINGS AND WRITTEN ACTIONS, INCLUDING FORMAL MEETING MINUTES, RESOLUTIONS, AND UNANIMOUS WRITTEN CONSENTS, IN ACCORDANCE WITH NONPROFIT GOVERNANCE BEST PRACTICES. AS OF THE 2023 TAX YEAR, THE ORGANIZATION DID NOT HAVE ANY BOARD-DESIGNATED COMMITTEES WITH DELEGATED AUTHORITY TO ACT ON BEHALF OF THE BOARD. ALL GOVERNANCE DECISIONS WERE MADE AND DOCUMENTED AT THE FULL BOARD LEVEL. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE FORM 990 IS PREPARED BY THE ORGANIZATION'S EXTERNAL ACCOUNTANTS IN COORDINATION WITH STAFF. THE DRAFT IS REVIEWED INTERNALLY BY SENIOR LEADERSHIP, INCLUDING THE CEO, TO ENSURE COMPLETENESS AND ACCURACY. ONCE INTERNALLY VETTED, THE DRAFT IS CIRCULATED TO THE FULL BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING. BOARD MEMBERS ARE GIVEN AN OPPORTUNITY TO ASK QUESTIONS, REQUEST CLARIFICATIONS, AND PROVIDE FEEDBACK. ANY NECESSARY REVISIONS ARE INCORPORATED BEFORE THE FINAL VERSION IS SUBMITTED TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C INSPIRE ACCESS MONITORS AND ENFORCES COMPLIANCE WITH ITS BOARD-APPROVED POLICIES SUCH AS ITS CONFLICT OF INTEREST, WHISTLEBLOWER, AND DOCUMENT RETENTION POLICIES THROUGH A COMBINATION OF ANNUAL AFFIRMATIONS, STAFF AND BOARD TRAINING, AND ONGOING OVERSIGHT BY LEADERSHIP. EACH YEAR, BOARD MEMBERS AND KEY STAFF ARE REQUIRED TO REVIEW AND SIGN THE CONFLICT OF INTEREST POLICY AND DISCLOSURE FORM. LEADERSHIP MONITORS COMPLIANCE WITH INTERNAL CONTROLS AND RECORD KEEPING PROCEDURES THROUGHOUT THE YEAR, AND ANY POTENTIAL ISSUES ARE BROUGHT TO THE ATTENTION OF THE BOARD OF DIRECTORS. POLICIES ARE REVIEWED PERIODICALLY AND UPDATED AS NEEDED TO ENSURE ALIGNMENT WITH EVOLVING LEGAL AND OPERATIONAL STANDARDS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST STARTING FOR CALENDAR YEAR 2023. FORM 990, PART IX, LINE 11G CONSULTING FEES: PROGRAM SERVICE EXPENSES 39,127. MANAGEMENT AND GENERAL EXPENSES 42,426. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 81,553. FORM 990, ITEM B THE ORIGINAL TAX RETURN FOR THE ORGANIZATION WAS FILED USING FORM 990-EZ. FOLLOWING A REVIEW, THE RETURN HAS BEEN UPDATED AND AMENDED TO A FORM 990 TO MORE ACCURATELY REFLECT THE ORGANIZATION'S FINANCIAL AND OPERATIONAL DETAILS.