Tapfound Inc

Organization Overview

Tapfound Inc, operating under the name Taproot Foundation, is located in New York, NY. The organization was established in 2002. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Taproot Foundation employed 60 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Taproot Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Taproot Foundation generated $7.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $5.0m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

DRIVE SOCIAL CHANGE BY LEADING, MOBILIZING, AND ENGAGING PROFESSIONALS IN PRO BONO SERVICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CORPORATE ADVISORY SERVICES ADVISES AND WORKS WITH COMPANIES IN DEVELOPING AND RUNNING HIGH-IMPACT PRO BONO PROGRAMS THAT CONNECT THEIR EMPLOYEE TALENT TO THE NEEDS OF SOCIAL GOOD ORGANIZATIONS.


SPEED CONSULTING AND PRO BONO MARATHONS ARE DONE-IN-A-DAY EVENTS WHERE NONPROFIT PARTICIPANTS ARE PAIRED WITH PRO BONO CONSULTANTS FOR THE PURPOSE OF CONSULTATIONS OR TO TACKLE A SCOPED PROJECT. SPEED CONSULTING CONNECTS NONPROFITS WITH PRO BONO CONSULTANTS FOR A HALF-DAY, ROUND-ROBIN WORKSHOP TO GAIN INSIGHTS AND SUPPORT ON A FEW KEY CHALLENGES ACROSS MULTIPLE AREAS. PRO BONO MARATHONS MATCH NONPROFITS WITH TEAMS OF 2 - 4 PRO BONO CONSULTANTS TO ADDRESS A CRITICAL, SCOPED CHALLENGE FROM ASSESSMENT TO DELIVERABLE - IN ONE DAY.


TAPROOT PLUS IS AN OPEN-ACCESS, ONLINE PLATFORM WHICH ENABLES NONPROFITS (AS WELL AS SMALL BUSINESSES) TO CONNECT DIRECTLY WITH SKILLED PROFESSIONALS ANYTIME AND ANYWHERE THROUGH VIRTUAL PRO BONO OPPORTUNITIES. OUR TECHNOLOGY PLATFORM INSTANTLY PROVIDES GREATER ACCESSIBILITY AND REACH OF THESE IMPORTANT RESOURCES, CONNECTING USERS WITH 1-2 PRO BONO CONSULTANTS FOR THE PURPOSE OF ONE-HOUR VIRTUAL CONSULTATIONS SESSIONS OR TACKLING SMALL-SCALE PROJECTS. TAPROOT PLUS IS FREE FOR ALL USERS NONPROFITS, AND VOLUNTEERS - AND OFFERS THESE CRITICAL ORGANIZATIONS IN THE US AND MANY PLACES AROUND THE WORLD ON-DEMAND ACCESS TO VIRTUAL PRO BONO SUPPORT. WITH THE ONSET OF THE COVID-19 PANDEMIC IN 2020, TAPROOT PLUS FURTHER EXPANDED ITS REACH, OFFERING SUPPORT TO SMALL BUSINESSES.


TAPROOT IS THE CONVENER OF THE U.S. PRO BONO SUMMIT AN ANNUAL EVENT THAT BRINGS TOGETHER STAKEHOLDERS FROM ACROSS SECTORS TO ADVANCE THE PRO BONO SERVICE MOVEMENT WITH THE SHARED VISION THAT GREATER GOOD CAN BE ACHIEVED WHEN SOCIAL GOOD ORGANIZATIONS WITH PROMISING SOLUTIONS CAN ACCESS TO THE ORGANIZATIONAL RESOURCES THEY NEED TO TACKLE SOCIETY'S GREATEST CHALLENGES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Orr Group
Hr Consultants
$124,000
Andela Inc
Contract Programmers
$186,927
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $550,255
All other contributions, gifts, grants, and similar amounts not included above$983,859
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,534,114
Total Program Service Revenue$5,515,891
Investment income $4
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $7,053,619

Grants Recieved

Over the last fiscal year, we have identified 6 grants that Tapfound Inc has recieved totaling $529,388.

Awarding OrganizationAmount
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$137,420
The Blackbaud Giving Fund

Charleston, SC

PURPOSE: GENERAL SUPPORT

$118,484
The Blackbaud Giving Fund

Charleston, SC

PURPOSE: GENERAL SUPPORT

$118,484
Foundation For The Carolinas

Charlotte, NC

PURPOSE: CHARITABLE GIFT

$64,000
Impactassets Inc

Bethesda, MD

PURPOSE: GENERAL SUPPORT

$53,500
Ford Foundation

New York, NY

PURPOSE: CORE SUPPORT TO PROVIDE CAPACITY BUILDING AND LEADERSHIP/STAFF DEVELOPMENT TO NEW YORK CITY NONPROFITS

$37,500
View Grant Recipient Profile

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