irs program accomplishments · form 990 part iii · fy2024
What they reported doing
- #1 primary $0INNOVATION RESEARCH SUMMER PROGRAM - HS STUDENTS WILL LEARN WHAT IT MEANS TO RUN AND LEAD A COMPANY BY CREATINF AN EXECUTIVE TEAM AND DIVIDING INTO GROUPS TO PROVIDE INSIGHTS INTO HOW CORPORATIONS CAN WORK WITH LOCAL COMMUNITIES MORE EFFECTIVELY, AS WELL AS ADVOCATE FOR LOCAL COMMUNITIES WITH OUR PARTNERS. GIRLS START UP - ONLINE BUSINESS PLAN ACCELERATOR TO INCREASE ENTREPRENEURIAL AND DIGITAL LITERACY SKILLS SETS IN PARTNERSHIP WITH WIX.COM, BMO CAPITAL MARKETS, AND MORE. COMPETE FOR AN ALL-EXPENSE PAID TRIP TRIP TO MIAMI, FL. WHERE 3 LUCKY WINNERS COULD RECEIVE UP TO $6,000 IN CAPITAL FUNDING.
- #2 $0SEED UNIVERSITY - A COLLEGE PROGRAM FOR THE GRADUATES OF OUR HIGH SCHOOL SCHOLARS AND MEMBERS TO FURTHER DEVELOP THEIR FINANCIAL AND CAREER SKILL SETS.
named programs · 5 · from sources
What they call their work
Girls Start Up
Online business plan accelerator in partnership with Wix.com and BMO Capital Markets to increase entrepreneurial and digital literacy skills among young women.
High School Scholars
Program for high school students entering the Seeds of Fortune Inc. network, preparing them for college and economic empowerment.
Seed University
College program for graduates of the High School Scholars program, designed to further develop financial and career skills.
Seed to Bloom Awards
Annual award show celebrating the financial empowerment of young women of color and marking the transition of scholars into the University Scholars program.
Wealth Exchange Executive Awards
Intergenerational executive awards and learning experience honoring leaders driving economic mobility and innovation, while fostering connections among rising and established leaders.
activities · 10 groups
What they do
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College Access and Success Support 5 activities
- College Prep Leadership ProgramOperates a six-month hybrid College Prep Leadership Program that includes interactive sessions, mentorship, and guidance at Ivy League universities, resulting in alumni earning over $72 million in college scholarships.
- College admissions and scholarship supportSupports scholars in applying for college admissions and scholarships, including 1:1 guidance, interview preparation, and monthly virtual seminars during senior year; has helped alumni earn over $72 million in college scholarships through structured programming.
- College pathway network and fly-in programsOperates a network of colleges and universities to support Seed Members’ college pathways, including fly-in programs that provide immersive campus visits to partner institutions such as NYU, Cornell, and Ivy League schools.
- Seed University college readiness programRuns Seed University, a college readiness program for high school graduates and members that further develops financial and career skills; includes hybrid and in-person components, such as a mandatory boot camp at Yale University, and supports students’ transition to post-secondary education.
- Signature Scholar hybrid programOffers hybrid Signature Scholar programs that enhance career and post-secondary opportunities for members through enrichment, college preparation, and professional development.
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Youth Entrepreneurship & Financial Literacy Education 3 activities
- Corporate consulting projects for high school studentsFacilitates 10-week consulting projects between high school juniors and NYC-based corporations, with winning teams eligible for up to $1,000 in prizes.
- Innovation Research Summer Program and Girls Start Up acceleratorOperates the Innovation Research Summer Program and the Girls Start Up online business plan accelerator to build entrepreneurial and digital literacy skills among high school students.
- Youth business pitch and funding competitionSupports high school juniors in developing investor-ready business pitches over 10 weeks, with finalists competing in Miami, FL for up to $3,000 in funding or scholarships.
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Financial Literacy Education Programs 2 activities
- Personal finance curriculum deliveryDelivers a personal finance curriculum tailored to scholars’ socio-economic backgrounds, focusing on college affordability and financial literacy, including workshops and activities hosted at partner institutions.
- Platform-based youth programmingProvided college, career, and financial literacy programming to more than 2,000 young people through the Seeds of Fortune platform.
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Student Career Readiness and Internship Placement 2 activities
- Professional development and internship fellowshipsProvides professional development workshops and internship fellowships to support scholars’ transition from academia to the workforce, including partnerships with NYC-based corporations and immersive experiences at institutions like the Federal Reserve of New York Museum.
- Year-long fellowship for career exploration and AI solutionsOperates a year-long fellowship program for high school juniors focused on careers in healthcare, law, entrepreneurship, and sustainability, including the development of AI-driven business solutions.
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Youth Cultural and Educational Travel Programs 1 activity
- All-expense-paid educational tripsProvides all-expense-paid trips to events focused on financial empowerment and community, such as the Sai Summer Cookout in Houston, for select students.
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Industry and Community Recognition Awards 1 activity
- Annual award show for financial empowermentHosts an annual award show celebrating the financial empowerment of young women of color, including scholar enrollment, workshops, and recognition events such as the Wealth Exchange Executive Awards at Chase Harlem.
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Financial Aid and Scholarship Access Programs 1 activity
- Corporate partnership for educational accessCollaborates with corporate partners to provide access to educational tools and resources aimed at reducing student loan debt for disproportionately affected populations.
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After-School Academic and Enrichment Programs 1 activity
- Enrichment and college prep classesConducts weekly enrichment and college prep classes during spring and summer, transitioning to monthly meetings in fall and winter, as part of a structured academic support program.
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Local High School Scholarship Programs 1 activity
- Scholarship program for low- and middle-income studentsProvides scholarship opportunities for students from households with income of $125,000 or less, including a 10-month program and $1,000 awards to cover program fees and attendance costs.
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Uncategorized 1 activity
- Mandatory in-person boot camp at Yale UniversityRequires all scholarship recipients to attend a mandatory in-person boot camp at Yale University, with room and board provided for participants.
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financials · form 990 · fy2024
revenue
Total revenue$753K
Contributions & grants$748K99%
Program service revenue$00%
Investment income$5K1%
Other revenue$0
expenses
Total expenses$728K
Program expenses80%
Admin / overhead19%
Fundraising1%
Salaries & benefits$227K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$510K
Cash$510K
Investments$0
Liabilities$117K
Net assets$393K
Liquid reserves8.4 mo
4 years on record · 2020–2024 · YoY revenue +16.9%
relationships · 16
Who they work with
- BMO CAPITAL MARKETS Partner — Partner in the Girls Start Up online business plan accelerator program.
- Babson College Partner — College partner providing internship fellowships and recruitment opportunities for Seeds of Fortune scholars.
- Chase Harlem Partner — Hosts summit events at Chase Harlem.
- Cornell University Partner — Hosts a free in-person college trip for program participants as part of the College Prep Leadership Program.
- Corporate Seed Investors Partner — Corporate partners collaborating to fund and support economic empowerment and educational resource initiatives
- FICO Partner — Co-founded the FICO Financial Empowerment Fellowship with Seeds of Fortune Inc. and Marsai's Way Foundation to provide financial education and scholarships to college students.
- Federal Reserve of New York Partner — Hosts summit events at the Federal Reserve of New York Museum.
- Fidelity Partner — Collaborates with Fidelity on financial literacy activations.
- Grant Cardone Foundation Funder — Covers transportation costs for Venture Track fellows to attend the final pitch event in Miami, FL.
- HerWallStreet Partner — Collaborates with HerWallStreet, as evidenced by Carlene Graham (President, Redwood Residential) being listed as representing HerWallStreet at the Wealth Exchange Awards.
- Marsai's Way Foundation Partner — Collaborates with Seeds of Fortune Inc. to deliver financial literacy programming and host events such as the Sai Summer Cookout.
- NYU Partner — Hosts a full-day admissions visit for Seeds of Fortune Inc. fellows to learn about college applications and scholarship opportunities.
- Vanderbilt University Partner — Partner institution in college access initiatives, featured in student spotlight
- WIX.COM Partner — Partner in the Girls Start Up online business plan accelerator program.
- Wellesley College Partner — Partner institution in college access initiatives, featured in student spotlight
- Yale University Partner — Hosts the mandatory in-person boot camp for scholarship recipients and provides dining and lodging facilities.
strategies · 5
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.
- Experiential Learning for Leadership and Civic Engagementmethodology: experiential_learningBy engaging high school students in simulated corporate leadership and community advocacy projects, the organization develops leadership and civic engagement skills because hands-on experience fosters deeper skill acquisition and real-world readiness.
- Financial Empowerment Through Education and Peer Leadershipmethodology: financial-empowerment-through-educationBy delivering financial literacy through interactive activations and training college students as peer educators, the organization promotes community-level financial empowerment because experiential learning and peer-led models increase trust, retention, and behavioral change.
- Hybrid Education and Career Preparation Modelmethodology: hybrid_education_and_career_preparationBy combining virtual and in-person educational components with immersive experiences like boot camps and college fly-ins, the organization increases college and career readiness because blended learning strengthens competitiveness and decision-making confidence.
- Identity-Affirming, Industry-Connected Skill Developmentmethodology: identity-affirming cohort modelBy placing students in identity-affirming cohorts and connecting them with Fortune 500 companies through consulting and innovation fellowships, the organization builds professional skills and career exploration because targeted mentorship and real-world industry exposure increase engagement and aspirational outcomes.
- Longitudinal Peer and Institutional Support for Economic Mobilitymethodology: longitudinal_peer_supportBy supporting scholars over a six-year journey with peer networks, higher education partnerships, and cohort-based mentorship, the organization fosters long-term economic mobility because sustained, relational support increases persistence through college and into careers.