VentureWell
A Massachusetts nonprofit that funds, trains and connects student and faculty inventors, founded in 1995 as the National Collegiate Inventors and Innovators Alliance with support from The Lemelson Foundation and grown into a program partner for federal agencies, from NSF's I-Corps to NIH's RADx.
Financial profile
National Collegiate Inventors & Innovators Alliance · EIN 42-1727335 · 501(c)(3)
| Fiscal year | Total revenue | Contributions | Program services | Total expenses | Net assets | Year end |
|---|---|---|---|---|---|---|
| FY2025 | $106,240,932 | $6,549,076 | $97,751,190 | $105,304,649 | $36,360,588 | Jun 2025 |
| FY2024 | $116,586,489 | $6,951,186 | $108,534,310 | $110,811,872 | $33,978,310 | Jun 2024 |
| FY2023 | $93,331,215 | $4,725,919 | $88,491,570 | $89,870,589 | $27,929,924 | Jun 2023 |
| FY2022 | $81,594,297 | $5,208,642 | $76,260,933 | $72,236,568 | $24,286,974 | Jun 2022 |
| FY2021 | $45,805,073 | $4,326,612 | $41,273,648 | $38,677,558 | $15,498,378 | Jun 2021 |
| FY2020 | $18,810,638 | $13,091,319 | $5,635,054 | $16,234,365 | $8,150,424 | Jun 2020 |
Figures exactly as reported. A blank cell was blank on the form. The fiscal year links to the filing.
Peer societies
Five societies VentureWell is read alongside.
DF
Deshpande Foundation
An entrepreneurship foundation founded by Jaishree and Gururaj Deshpande that funds innovation centers and…
IRST
For Inspiration and Recognition of Science and Technology
A global youth robotics nonprofit founded in 1989 that delivers hands-on STEM learning through its FIRST LEGO…
36 companies named
ASEE
American Society for Engineering Education
A membership community of engineering educators and colleges that governs itself through deliberation while…
COUR
Council on Undergraduate Research
A national organization advancing undergraduate research as a form of learning, supporting the faculty and…
BES
Biomedical Engineering Society
A professional society of more than six thousand biomedical engineers across academia, industry, and…
6 companies named
Who backs VentureWell
Every company VentureWell names publicly as a supporter, exactly as published. Companies also named by other associations on Sociogene come first.
Sources: 2 published lists, read October 2026
E-Team Program supporters. Read October 14, 2026. Supporters credited with presenting the E-Team Program grants for student inventors.
Thank You to Our Partners (2025 Year in Review). Read October 14, 2026. Funders and partners thanked in VentureWell's 2025 Year in Review.
Who backs VentureWell's peers, but not VentureWell
Companies named publicly by at least one of VentureWell's five peer societies, and not found in VentureWell's reviewed public records.
| Company | IRST | BES | Peers |
|---|---|---|---|
| Medtronic | Strategic Partners | Supporting Sponsors | 2 of 2 |
| 3M | Strategic Partners | 1 of 2 | |
| AndyMark | Crown & Diamond Suppliers | 1 of 2 | |
| Apple | Strategic Partners | 1 of 2 | |
| Aptiv | Founding Sponsors | 1 of 2 | |
| Autodesk | Crown & Diamond Suppliers | 1 of 2 | |
| BAE Systems | Strategic Partners | 1 of 2 | |
| Baxter International | Founding Sponsors | 1 of 2 | |
| Boeing | Strategic Partners | 1 of 2 | |
| Caterpillar | Strategic Partners | 1 of 2 | |
| Chrysler | Founding Sponsors | 1 of 2 | |
| DEKA Research & Development | Strategic Partners | 1 of 2 | |
| DigiKey | Crown & Diamond Suppliers | 1 of 2 | |
| Dow | Strategic Partners | 1 of 2 | |
| FedEx | Strategic Partners | 1 of 2 | |
| Gates Corporation | Crown & Diamond Suppliers | 1 of 2 | |
| General MotorsPublished as General Motors Company | Strategic Partners | 1 of 2 | |
| Strategic Partners | 1 of 2 | ||
| Hesperos | Supporting Sponsors | 1 of 2 | |
| Izon Science USPublished as Izon Science | Supporting Sponsors | 1 of 2 | |
| JMP Statistical Discovery | Supporting Sponsors | 1 of 2 | |
| John Deere | Strategic Partners | 1 of 2 | |
| Johnson & Johnson | Founding Sponsors | 1 of 2 | |
| Kleiner Perkins | Founding Sponsors | 1 of 2 | |
| LEGO Education | Strategic Partners | 1 of 2 | |
| MathWorks | Supporting Sponsors | 1 of 2 | |
| Molex | Crown & Diamond Suppliers | 1 of 2 | |
| NI | Strategic Partners | 1 of 2 | |
| Novelis | Strategic Partners | 1 of 2 | |
| PTC | Crown & Diamond Suppliers | 1 of 2 | |
| REV Robotics | Crown & Diamond Suppliers | 1 of 2 | |
| Rockwell Automation | Strategic Partners | 1 of 2 | |
| Ronawk | Supporting Sponsors | 1 of 2 | |
| RTX | Strategic Partners | 1 of 2 | |
| SOLIDWORKS | Crown & Diamond Suppliers | 1 of 2 | |
| TE Connectivity | Strategic Partners | 1 of 2 | |
| The Thrifty Bot | Crown & Diamond Suppliers | 1 of 2 | |
| VIVID Hosting | Crown & Diamond Suppliers | 1 of 2 | |
| West Coast Products | Crown & Diamond Suppliers | 1 of 2 | |
| Xerox | Founding Sponsors | 1 of 2 |
The outside view
A Massachusetts nonprofit that funds, trains and connects student and faculty inventors, founded in 1995 as the National Collegiate Inventors and Innovators Alliance with support from The Lemelson Foundation and grown into a program partner for federal agencies, from NSF's I-Corps to NIH's RADx.
- Authority
- Build
- Outward
- Operational
Their shape
The Frontier
At home at the edge of what comes next.
The Frontier is restless and pioneering, always testing what comes next. Its gift is innovation and adaptability, its challenge is focus, and not leaving its longtime members behind.
Also reads toward The Movement and The Guild.
Strengths
Not an official page of VentureWell. Sociogene does not consult. Everything here comes from public sources, dated and linked. Something wrong here? Tell us what we missed.