Austin Community Growth Ventures
AUSTIN COMMUNITY GROWTH VENTURES (ACGV) WAS ESTABLISHED AS A 501(C)(3) CHARITABLE ORGANIZATION BY THE DEVELOPMENT CORPORATION OF AUSTIN WITH THE OVERALL GOAL TO PROMOTE, ENCOURAGE, AND AID IN THE CREATION OF AN INNOVATIVE ECOSYSTEM THAT SUPPORTS EDUCATION, CREATES QUALITY JOBS, AND INCREASES THE NEW APPLICATION OF BIOTECHNOLOGY, AGIRCULTURAL TECHNOLOGY, AND FOOD SCIENCE. ACGV WILL SERVE AS A KEY FACILITATOR IN AFFORDING EARLY STAGE COMPANIES AND DEVELOPED COMPANIES A CHANCE TO SUCCEED BY PROVIDING EDUCATION AND TRAINING IN IDEA DEVELOPMENT ASSISTANCE, PATENT SUBMISSION, BUSINESS PLANNING ASSISTANCE, AND FINANCING.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$213K
-17.9% YoY
Annual Giving
$49K
-18.3% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$49K
-18.3% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $212,825 | $259,300 | $294,741 |
| Revenue | $151,725 | $162,652 | $187,336 |
| Expenses | $182,055 | $202,293 | $347,596 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $125 | $175 | $52 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Austin Community Growth Ventures fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GEOFF SMITH | CHAIR | 0.5 | — |
| GAIL DENNISON | SECRETARY/TREASURER | 0.5 | — |
| PHIL MINERICH | DIRECTOR | 0.5 | — |
| DAN HOFFMAN | DIRECTOR | 0.5 | — |
| CRAIG JOHNSON | DIRECTOR | 0.5 | — |
| JOHN GARRY | EXECUTIVE DIRECTOR - DCA | 8 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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