Charities United States Community Development First Tech Fund Inc
First Tech Fund Inc logo

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, …

Community Development Brooklyn, NY EIN 851137904 · IRS Reg 85-1137904 · IRS Sign up to see website
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87
Integrity Assessment
Strong transparency
87/100 · methodology

About First Tech Fund Inc

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.

Founded
Headquarters
Brooklyn, NY
Foundation type
Publicly-supported charity (509(a)(2))
NTEE code
S02
IRS subsection
501(c)(03)
Ruling date

Verified certifications

Confirmed against the issuing authority - not self-reported.

IRS Tax-Deductible since 2020

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 where
Community Development · NTEE S02

How it stacks up against peers

· vs. 8 similar community development in United States
Program spending This charity: 83%
Peer average: 86%
CEO comp as % of revenue This charity: 28.79%
Peer average: 0.48%
Integrity Assessment This charity: 87
Peer average: 90

Red flags

· 1 item
High Executive Pay
Top executive compensation is 16.7% of total expenses ($77,252 of $461,975).

Where every $1 goes

$0.83
Program expenses$0.83 ($378,922)
83% to programs beats the Charity Navigator "highly efficient" threshold (75%).

Common questions

· Auto-generated from filings + methodology

First 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 .

Annual revenue
$100K-$1M
83% to programs
Source: IRS 990 (FY2025) why this matters
Unlock exact figures

Filing history

5 years on file from IRS 990 (FY2025): revenue, expenses, program spending, assets, and liabilities by fiscal year.

Years on record: FY2025, FY2024, FY2023, FY2022, FY2021.
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Taxes

Tax-deductibility for donors

Donations may be tax-deductible for residents of United States under local rules. Confirm with the charity directly.

Always confirm tax treatment with the charity directly or your tax advisor before donating.

Leadership

JO
Josue De Paz
President

Officers & trustees (16)

Source: Public filings

AL
Alicia B•••••••••••
Treasurer
GL
Glickman C••••
Director
HA
Hana S•••••••
Secretary
HO
Howard F S•••••••
Treasurer
HO
Howard S•••••••
Director
HY
Hyobin S•••
Director
JA
Jamal A••••
Director
JA
Jamie C•••••••••
Director
JE
Jerome J S••••••
Board Chair
JO
Josue D• P••
President
MO
Monica S••••
Director
NA
Nakia A•••••
Director
NA
Nakia A•••••••••••••••••
Director
NI
Nicole C•••••••
Compliance Officer
RO
Rodney C••• P••••••
Director
RO
Rodney P•••••••••••
Director
Full names, contact details & compensation

Free with an account.

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Latest news

From global news sources

10 articles found

From global news sources

Sentiment

Neutral

Activity timeline

Filings and press mentions, merged

Form filed
$0.3M revenue
FY2025
IRS_990
“We’ve catalyzed $3.5bn into Africa by betting on first-time fund managers” - Business News Nigeria
Jul 2025
businessday.ng
Raiven Capital Launches $100M Climatech Fund Anchored by Frog Lake First Nation investing in Scalable Climatech. - Newsw
May 2025
www.newswire.ca
Form filed
$0.6M revenue
FY2024
IRS_990
First Tech Fund Joins Civic Hall to Expand Opportunities in NYC’s Innovation Ecosystem to Underserved Individuals - Civi
Jan 2024
www.civichall.org
Form filed
$0.3M revenue
FY2023
IRS_990
Josue De Paz - Obama Foundation
Jul 2023
www.obama.org
First Tech Fund announces open period for student fellowship - Brooklyn Paper
Feb 2023
www.brooklynpaper.com
Form filed
$0.2M revenue
FY2022
IRS_990
Why the Nasdaq Isn’t a Particularly Good Investment - Morningstar Canada
Oct 2022
global.morningstar.com
Form filed
$0.0M revenue
FY2021
IRS_990
Bain hits market with second tech fund - Buyouts
Nov 2021
www.buyoutsinsider.com
SG's Pandan Ventures in talks with GPs to join first tech fund of up to $100m - DealStreetAsia
Aug 2019
www.dealstreetasia.com
5th Element Group Sponsors Women of Change Awards at Congressional Club in Honor of Women's History Month - newswire.com
Mar 2019
www.newswire.com
KKR Holds $687 Million Close on First Technology Fund - WSJ
Feb 2017
www.wsj.com

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Peer charities

Other community development in United States, by integrity assessment

Charity Score Revenue Program %
First Tech Fund Inc This page 87 $268,303 83%
Sj5k Foundation 90 $119,706 100%
Community Synergy Inc 90 $258,006 93%
Disability Pride Philadelphia Inc 90 $359,480 100%
Alianza Agricola Inc 90 $230,961 66%
American Production & Inventory Control Society Northern New … 90 $128,932 68%
Aspen Sister Cities Program Inc 90 $199,220 89%
West Bloomington Revitalization Project Corporation 90 $385,893 79%
Dad Guild Inc 90 $382,891 97%

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

Last updated
May 27, 2026
Profile completeness
100%

What we don't know

Honest gaps - our score reflects transparency, not impact

Programs & projects
No named programs listed by the charity
Operating reach
Countries where programs run not specified

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.

Read full methodology

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