irs program accomplishments · form 990 part iii · fy2025
What they reported doing
- #1 primary $7KDiversity VC Standard-The Diversity VC Standard is an industry benchmarking and certification framework that evaluates venture capital firms against best practices related to diversity, equity, and inclusion. During 2025, Diversity VC maintained the Standard and worked with venture firms seeking to assess and improve their diversity practices.
- #2 $4KIndustry Research and Data Initiatives-Diversity VC conducted research and data analysis focused on diversity in venture capital. These projects involved collecting industry data, analyzing representation within venture firms, and publishing insights designed to inform investors, ecosystem organizations, and policymakers.
named programs · 3 · from sources
What they call their work
Diversity VC Standard
An industry benchmarking and certification framework that evaluates venture capital firms on diversity, equity, and inclusion practices across five levels of maturity.
Industry Research and Data Initiatives
Research projects collecting and analyzing data on diversity in venture capital, including gender, ethnicity, and educational background of industry professionals.
LatAm VC Career Fellowship
A six-month career development program for mid-level venture capital professionals in Latin America, featuring masterclasses, mentoring, peer coaching, and a capstone fund formation project.
activities · 5 groups
What they do
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Workplace DEI Research and Training 1 activity
- Administers the Diversity VC Standard certification for venture capital fundsOperates a benchmarking and certification framework that evaluates venture capital firms on diversity, equity, and inclusion (DE&I) practices through a rigorous review process, providing personalized feedback and third-party validation. The program has certified over 100 funds globally.
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Gender Equity Research and Advocacy 1 activity
- Conducts research on diversity, equity, and inclusion in the venture capital industryGenerates data-driven insights and publishes research on DE&I trends in venture capital, including large-scale surveys of UK VC firms, analysis of workforce demographics, and policy-relevant studies to inform industry standards and capital allocation. Research outputs include reports such as 'Women in UK Venture Capital 2017' and 'Diversity in UK Venture 2019'.
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Professional Networking Events 1 activity
- Facilitates networking, peer learning, and community building in the venture capital ecosystemStrengthens connections among general partners (GPs) and limited partners (LPs) through virtual learning sessions, strategic in-person gatherings, peer learning initiatives, and curated resource sharing. Organizes targeted programs like 'Women in VC' dinners and the 'Future VC' programme to promote inclusion.
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Impact Investing Knowledge & Technology Platforms 1 activity
- Provides direct support and resources to certified venture capital fundsOffers personalized benchmarking reports, tailored recommendations, and one-on-one reviews of certification submissions to help venture capital funds improve their DE&I practices. Also provides free access to the Strategic Operations Toolkit, which includes real-world examples from over 100 funds.
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Mentorship and Professional Development Programs 1 activity
- Runs a 6-month Venture Capital Career Fellowship for mid-level professionalsDelivers a structured career development program for mid-level venture capitalists across the US, Europe, and Latin America, featuring educational sessions on fund formation, fundraising, and operational excellence; personalized mentoring from experienced partners; coaching; and opportunities to develop a comprehensive fund blueprint. Includes ongoing post-fellowship engagement through webinars and global community access.
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financials · form 990 · fy2025
revenue
Total revenue$232K
Contributions & grants$224K97%
Program service revenue$7K3%
Investment income$00%
Other revenue$574
expenses
Total expenses$207K
Program expenses16%
Admin / overhead84%
Fundraising0%
Salaries & benefits$100K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$31K
Cash$31K
Investments$0
Liabilities$85
Net assets$31K
Liquid reserves1.8 mo
4 years on record · 2022–2025 · YoY revenue +17.9%
leadership · form 990 part vii · fy2025
Who runs it
paid leadership · 2
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| Meghan Stevenson-Krausz | CEO | 40 | $46K |
| Doreen Wong | Board Member | 1 | $2K |
board members · 2
- Jacqueline Duval — Board Member
- Shu Dar Yao — Board Member
relationships · 41
Who they work with
- 500 Global Partner — Partner organization whose partner contributes to the fellowship as an industry expert.
- Ada Ventures Partner — Co-founded by Check Warner, Partner at Ada Ventures, who serves on the Advisory Board.
- Ada Ventures Partner — Co-founded by Francesca Warner, who is also co-founder of Ada Ventures.
- Astanor Ventures Partner — Harry Briggs, Partner at Astanor Ventures, is a member of the Advisory Board.
- BVCA Partner — Collaborates with BVCA, whose Head of Research contributed a testimonial endorsing the Founders Engagement Toolkit.
- Bain & Company Partner — Kekeli Anthony, consultant at Bain & Company, is a co-founder of Extend Ventures and serves on the advisory board.
- Balderton Partner — Suranga Chandratillake, General Partner at Balderton, is a member of the Advisory Board.
- Balderton Capital Partner — Participating fund that has gone through the Diversity VC Standard assessment and provided a testimonial.
- British Venture Capital Association Partner — Collaborates on gender diversity initiatives including 'Women in Private Equity & Venture Capital' breakfasts.
- DILA Capital Partner — Expert partner organization whose co-founder and general partner participates in the fellowship as an instructor or mentor.
- Diversity Data Alliance Partner — Collaborative partnership to collate and analyze diversity data in venture capital.
- Diversity VC Network — Organization is the operator of the Diversity VC Standard and certifies venture capital funds.
- Extend Ventures Partner — Collaborates with co-founders of Extend Ventures who serve on the advisory board.
- First Close Partners Partner — Partner organization whose general partner participates in the fellowship as an expert contributor.
- Frontline Ventures Partner — Participating fund that has gone through the Diversity VC Standard assessment and provided a testimonial.
- HM Treasury Partner — Engages with initiatives such as the 'Women in Finance Charter' to promote gender balance in venture capital.
- Horsley Bridge Partner — Kathryn Mayne, Managing Director at Horsley Bridge, is a member of the Advisory Board.
- ILPA Partner — Collaborates with ILPA, as evidenced by endorsement from Erika Lehmer, Senior Director, Diversity in Action at ILPA.
- Iporanga Ventures Partner — Partner organization whose general partner supports the fellowship through expert participation.
- Korelya Capital Partner — Participating fund that has gone through the Diversity VC Standard assessment and provided a testimonial.
- LP Partner — Potential partner providing capital and seeking better diversity data
- Lucid Capitalism Partner — Shu Dar Yao, Founder & Managing Partner of Lucid Capitalism, serves on the advisory board.
- Lucid Capitalism Partner — Shu Dar Yao, Founder and Managing Partner of Lucid Capitalism, is a member of the Advisory Board.
- Monashees Partner — Partner organization whose partner contributes to the fellowship curriculum and mentorship.
- NatWest Group Partner — Ladi Greenstreet, Head of Strategic Investments at NatWest Group, serves on the advisory board.
- OneTech Partner — Co-produced the "Venturing into Diversity & Inclusion 2019" report with Diversity VC.
- Open Society Foundations Partner — Partner organization whose principal contributes expertise to the fellowship program.
- Perkins Coie Partner — Jacqueline Duval, Partner at Perkins Coie, is a member of the Advisory Board.
- Perkins Coie Partner — Jacqueline Duval, Partner at Perkins Coie, serves on the advisory board.
- Positive Ventures Partner — Expert partner organization whose managing partner and CEO participates in the fellowship as an instructor or mentor.
+ 11 more
strategies · 4
How they approach the work
Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.
- Data-Backed Certification Drives DEI Improvementmethodology: data-backed certificationBy certifying venture capital funds using a data-driven, multi-domain assessment framework, the organization produces systemic improvements in diversity, equity, and inclusion because benchmarking against peers and best practices creates accountability and reveals actionable gaps.
- Ecosystem Connector Model Catalyzes Systemic Changemethodology: ecosystem_connector_modelBy curating connections between GPs and LPs and fostering collaboration across stakeholders, the organization drives systemic change in venture capital because aligned incentives and direct engagement enable faster adoption of inclusive practices than isolated interventions.
- Peer-Led, Cohort-Based Fellowship Accelerates Career Advancementmethodology: career_advancement_fellowshipBy providing regionally adapted, cohort-based fellowships led by industry practitioners, the organization increases the likelihood of career advancement for underrepresented talent in venture capital because peer networks, tailored learning, and confidence-building address structural barriers to promotion.
- Research-Informed Practice and Policy Changemethodology: research-driven interventionBy producing evidence-based, data-driven research that highlights the costs of exclusion and identifies practical steps for inclusion, the organization influences both industry standards and policy because credible analysis disrupts status quo narratives and enables informed decision-making.