First Tech Fund Inc
First tech fund empowers low-income high school students in new york city to thrive academically and professionally by offering free technology, reliable internet access, targeted digital skills training, …
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We provide a free talent accelerator fellowship program that provides technology and broadband access, mentorship, digital skills training, and insight into career pathways; showing low-income high school students the opportunities that exist and guiding them on how to attain them, equalizing the academic and professional playing fields. In 2021, we ran a summer photography program (FOTO) a seven week introductory course.that provided NYC high school students with fundamental photography skills,insight into career pathways, and constructive art criticism strategies. Community Partner Program: We piloted a partnership program providing students in need of technology laptops through community partners.
Verified certifications
Confirmed against the issuing authority - not self-reported.
Mission
First tech fund empowers low-income high school students in new york city to thrive academically and professionally by offering free technology, reliable internet access, targeted digital skills training, dedicated mentorship, and opportunities to build social capital. Through a holistic support system, the organization equips youth from underserved backgrounds to navigate and attain meaningful educational and career pathways, seeking to close the digital divide and promote lifelong success.
Focus areas & reach
· What they work on and whereHow it stacks up against peers
· vs. 8 similar community development in United StatesRed flags
· 1 itemWhere every $1 goes
Common questions
· Auto-generated from filings + methodologyFirst Tech Fund Inc is a registered community development nonprofit based in Brooklyn, NY, United States. It is registered with the Internal Revenue Service (IRS). It was founded in 2020 and has been operating for 6 years. Its EIN is 851137904. It has a GiveRadar Integrity Assessment of 87/100 (Strong transparency), indicating well-documented governance, financials, and contact details. The organization reports $268K in annual revenue. 50 officers and directors are publicly disclosed. GiveRadar has identified 1 potential concern.
First Tech Fund Inc has a GiveRadar Integrity Assessment of 87/100. This score combines five components: Registration (20 pts), Financial Transparency (30 pts), Governance (20 pts), Contact Availability (10 pts), and Data Recency (20 pts), with negative adjustments for any red flags. A score of 87 ('Strong transparency') reflects well-documented governance, recent financials, named leadership, and working contact details. The charity allocates 83% of expenses to programs, which contributes positively to its score. For comparison, the average integrity assessment for community development charities in United States is 90/100.
First Tech Fund Inc is located in Brooklyn, NY, United States. The organization was established in 2020 and has been active for 6 years.
Based on official tax filings, First Tech Fund Inc has $268K in annual revenue. It allocates 83% of expenses to programs and services. This is in line with the average of 86% for community development charities in United States. Its revenue is below the peer average of $3M. Create a free GiveRadar account to view the complete financial breakdown with year-over-year trends.
First Tech Fund Inc is classified as a Community Development organization, registered in United States. It operates as a Publicly-supported charity (509(a)(2)). It has $268K in annual revenue. The organization has 50 disclosed officers and directors.
GiveRadar has identified 1 potential concern for First Tech Fund Inc. Red flags are automatically detected from official data and may include high executive compensation relative to budget, low program spending, or missing financial filings. Red flags do not necessarily mean wrongdoing but indicate areas that may warrant further review before donating.
First Tech Fund Inc has a GiveRadar Integrity Assessment of 87/100 (Strong transparency), which suggests it is a well-documented organization. It is regulated by the IRS. 83% of expenses go to programs. The peer average is 86%. You can donate directly through their official donation page linked on their GiveRadar profile. GiveRadar provides data for research purposes and does not endorse any organization. Always do your own due diligence.
We provide a free talent accelerator fellowship program that provides technology and broadband access, mentorship, digital skills training, and insight into career pathways; showing low-income high school students the opportunities that exist and guiding them on how to attain them, equalizing the academic and professional playing fields. In 2021, we ran a summer photography program (FOTO) a seven week introductory course.that provided NYC high school students with fundamental photography skills,insight into career pathways, and constructive art criticism strategies. Community Partner Program: We piloted a partnership program providing students in need of technology laptops through community partners. First Tech Fund Inc is classified as a community development organization registered in United States. The organization was founded in 2020.
Among community development charities registered in United States: First Tech Fund Inc's GiveRadar Integrity Assessment of 87/100 is in line with the peer average of 90/100. It allocates 83% of expenses to programs, in line with the peer average of 86%. Its annual revenue of $268K is below the peer average of $3M.
Yes, donations to First Tech Fund Inc are generally tax-deductible in the United States. First Tech Fund Inc is a 501(c)(3) tax-exempt organization. Its EIN is 851137904, which you can use for tax filing purposes. Donors can typically deduct contributions on their federal income tax return if they itemize deductions. Consult a tax professional for guidance specific to your situation.
Verified against 5 official sources, last refreshed .
Filing history
5 years on file from IRS 990 (FY2025): revenue, expenses, program spending, assets, and liabilities by fiscal year.
See 5 years of revenue, expense breakdowns, and balance sheet.
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Tax-deductibility for donors
Donations may be tax-deductible for residents of United States under local rules. Confirm with the charity directly.
FIRST TECH FUND INC is registered in United States. Donations from the Netherlands to charities outside the EU/EEA are generally not tax-deductible for Dutch donors unless the charity is listed on the Dutch ANBI register with foreign-recognized status.
Always confirm tax treatment with the charity directly or your tax advisor before donating.
Leadership
Officers & trustees (16)
Source: Public filings
Latest news
From global news sources
10 articles found
From global news sources
Sentiment
Neutral“We’ve catalyzed $3.5bn into Africa by betting on first-time fund managers” - Business News Nigeria
Raiven Capital Launches $100M Climatech Fund Anchored by Frog Lake First Nation investing in Scalable Climatech. - Newswire Canada
First Tech Fund Joins Civic Hall to Expand Opportunities in NYC’s Innovation Ecosystem to Underserved Individuals - Civic Hall
Josue De Paz - Obama Foundation
First Tech Fund announces open period for student fellowship - Brooklyn Paper
Why the Nasdaq Isn’t a Particularly Good Investment - Morningstar Canada
Bain hits market with second tech fund - Buyouts
SG's Pandan Ventures in talks with GPs to join first tech fund of up to $100m - DealStreetAsia
5th Element Group Sponsors Women of Change Awards at Congressional Club in Honor of Women's History Month - newswire.com
KKR Holds $687 Million Close on First Technology Fund - WSJ
Activity timeline
Filings and press mentions, merged
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Other community development in United States, by integrity assessment
Sources and verification
Refreshed
- Registration and legal identity
- Internal Revenue Service (IRS) - Tax Exempt Organization Search
- Financial filings
- IRS Form 990 filings - Fiscal year 2025 most recent on file.
- Officers and trustees
- Internal Revenue Service (IRS) - Tax Exempt Organization Search - 50 disclosed in the public registry.
- News and media coverage
- GDELT Project + Google News
- Supplementary verification
- Charity Navigator
Data freshness
What we don't know
Honest gaps - our score reflects transparency, not impact
Methodology
GiveRadar combines public registry filings, ProPublica Nonprofit Explorer, Charity Navigator, GuideStar, and news archives into a single 0-100 integrity assessment. We don't take a cut of any donation, ever.
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Quick facts about First Tech Fund Inc
- What is First Tech Fund Inc?
- First Tech Fund Inc is a community development publicly-supported charity (509(a)(2)) based in Brooklyn, United States. We provide a free talent accelerator fellowship program that provides technology and broadband access, mentorship, digital skills training, and insight into career pathways; showing low-income high school students the opportunities that exist and guiding them on how to attain them, equalizing the academic and professional playing fields. In 2021, we ran a summer photography program (FOTO) a seven week introductory course.that provided NYC high school students with fundamental photography skills,insight into career pathways, and constructive art criticism strategies. Community Partner Program: We piloted a partnership program providing students in need of technology laptops through community partners.
- When was First Tech Fund Inc founded?
- First Tech Fund Inc was founded in 2020.
- Who leads First Tech Fund Inc?
- Josue De Paz serves as President.
- Where is First Tech Fund Inc located?
- Headquartered in Brooklyn, United States.
- What is First Tech Fund Inc's annual budget?
- Annual revenue for fiscal year 2025 is approximately $100K-$1M. 83% of expenses go to program services.
- Is First Tech Fund Inc trustworthy?
- First Tech Fund Inc has a GiveRadar Integrity Assessment of 87 out of 100 (Strong transparency). The score reflects public-data transparency: registration, financial disclosure, governance, contact details, and how recently data was refreshed. It does not measure program impact.
- What is First Tech Fund Inc's registration number?
- IRS EIN: 851137904. Registration: 85-1137904 (United States).
- What is First Tech Fund Inc's website?
- http://www.firsttechfund.com