Plug and Play Community Foundation
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- Only 20% of its spending went to programs.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
The Plug and Play Community Foundation advances its mission of building the next generation of impactful entrepreneurs and innovators through three program pathways: Access, Elevate, and Impact.
- Income
- $456,093
- Spending
- $392,712
- Spent on programs
- 20%
- Reserves
- 2.3 months of spending
- Largest source of income
- donations and private grants, 100%
- Employees
- 2
- Volunteers
- 3
- Highest pay
- $64,419, secretary and director
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 48 out of 100. Higher than 17% of charities in its peer group (community improvement, $250k to $1m).
Reserves
10 of 35Spendable reserves would cover 2.3 months of spending.
Debt
16 of 20It owes 24% of what it owns.
Living within its means
15 of 15Income exceeded spending by 14% of income.
Spending floor
0 of 1520% of spending went to programs and raising each dollar of donations cost 3 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 84 out of 100. Higher than 65% of charities in its peer group (community improvement, $250k to $1m).
Independent board
18 of 253 of 4 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $54,880 spent. Access (Workforce Development and Career Exposure): The Access pathway provides workforce development through internship and exposure-ship programs connecting early-career individuals as early as high school as the way up to career shifters to technology startups. In 2025, the Foundation served 10 nonprofit partner organizations, Boys & Girls Clubs of the Peninsula, Urban League of the San Francisco Bay Area, The Hidden Genius Project, Mission Bit, 10,000 Degrees, Foundation for a College Education, Cristo Rey, Rotary Club of San Jose, Hack the Hood, and StreetCode Academy expanding opportunities for their participants and broader beneficiary communities. Programming included 9 educational sessions, workshops, and engagement events designed to expose participants to careers in technology and innovation. The long-term objective is to increase access to high-growth career pathways and strengthen the talent pipeline for the innovation economy through paid placement opportunities.
- $24,819 spent. Elevate (Small-Medium Business Innovation and Technology Adoption): The Elevate pathway supports small and medium-sized businesses (SMBs) by identifying operational challenges and connecting them with startup technology solutions. Through workshops, events, and curated introductions, the Foundation educates SMB owners about emerging technology tools and facilitates collaboration with startup companies developing relevant solutions. Select SMBs may receive grants to pilot technology solutions for an 8-week testing period, enabling businesses to evaluate adoption and improve operational efficiency. Programming so far included 5 educational sessions, workshops, and engagement events with SMBs, startups, and organizations serving SMBs. The long-term goal is to strengthen SMB competitiveness, encourage and educate the SMB ecosystem on responsible technology adoption, and foster partnerships between emerging technology companies and local businesses.
- Impact (Early-Stage Impact Innovation Support): The Impact pathway supports early-stage, mission-driven technology startups addressing societal challenges such as education technology, small business technology, food insecurity, responsible technology, health equity, community development, financial inclusion, and emergency response. Activities include investment support, founder advisory sessions, and educational programming through events and one-on-one mentorship. The long-term objective is to accelerate scalable technology solutions that create positive social and economic impact. Returns from impact investments are intended to support an evergreen funding model that sustains and expands the Foundation's charitable programming. The foundation did an open call of applications and received 543 applications to view for investment and provide feedback.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.