Renaissance Philanthropy Fund

EIN: 991953380 501(c)(3) Science & Technology

New York, NY

Total Revenue
$115,242,559
Total Expenses
$28,428,936
Total Assets
$90,684,554
Net Assets
$89,233,180
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2024
Legal Domicile
DE
Principal Officer
Tom Kalil
Phone
2029987795
Tax Period
2025-01-01 to 2025-12-31

Renaissance Philanthropy Fund, founded in 2024, is a major nonprofit in the Science & Technology sector that reported $115.2M in total revenue in fiscal year 2025. Revenue surged 2314% from the prior year, signaling strong growth momentum. The organization ran a surplus of $86.8M, a strong 75% operating margin.

Mission

OUR MISSION IS TO FUEL A 21ST-CENTURY RENAISSANCE BY INCREASING THE AMBITION OF PHILANTHROPISTS, SCIENTISTS, AND INNOVATORS. OUR VISION IS A BRIGHTER FUTURE FOR ALL THROUGH SCIENCE, TECHNOLOGY, AND INNOVATION.

Program Service Accomplishments

Program 1
Expenses: $25,688,236 Revenue: $3,566,137

RenPhil advances its mission by designing, incubating, and launching time-bound, thesis driven philanthropic funds. The organization's vision is a brighter future for all through science, technology...

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RenPhil advances its mission by designing, incubating, and launching time-bound, thesis driven philanthropic funds. The organization's vision is a brighter future for all through science, technology, and innovation.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $111,078,279
Program Service Revenue $3,437,758
Investment Income $598,143
Other Revenue $128,379
TOTAL REVENUE $115,242,559

Expense Breakdown

Grants Paid $13,664,495
Salaries & Benefits $5,691,663
Fundraising Expenses $1,028,585
Program Expenses $25,688,236
Other Expenses $9,072,778
TOTAL EXPENSES $28,428,936

Year-over-Year Comparison

2025 2024 Change
Revenue $115,242,559 $4,773,927 +23.1%
Expenses $28,428,936 $2,454,549 +10.6%
Net Income $86,813,623 $2,319,378 +36.4%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
3
Employees
36
Volunteers
3

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$1,596,873
Total Directors
5
$812,568
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Tom Kalil CHIEF EXECUTIVE OFFICER 40.0
Officer
$751,711 $32,594 $784,305
KUMAR A GARG PRESIDENT/SECRETARY 40.0
Officer Director
$593,846 $17,500 $611,346
Joshua Elliott Chief Scientist 40.0
Highest
$440,155 $25,131 $465,286
JEAN-PAUL CHRETIEN Program Director, BiTS 40.0
Highest
$249,483 $9,541 $259,024
ERIK MARTIN Director of Program Delivery 40.0
Highest
$218,434 $17,612 $236,046
Parth Ahya Chief of Staff 40.0
Highest
$216,155 $18,692 $234,847
Julia Hidu Senior Manager, Partnerships 40.0
Highest
$215,130 $16,909 $232,039
RONIT KANWAR TREASURER 20.0
Officer Director
$193,607 $7,615 $201,222
ANDREW COY Board Chair 2.0
Officer Director
$0 $0 $0
Nick Sinai BOARD MEMBER (EFF. 01/2025) 2.0
Director
$0 $0 $0
Marina Nitze BOARD MEMBER (EFF. 01/2025) 2.0
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $115,242,559 $28,428,936 $90,684,554 $86,813,623
2024 No data No data No data No data
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