The UpMobility Foundation

Overview

The UpMobility Foundation is a private grantmaking foundation located in Little Falls, New York, with the mission of using collective action and community collaboration to drive transformative change. Established by a successful Silicon Valley entrepreneur, it leverages extensive networks to support projects in education, racial equity, and other critical areas.

History

The foundation was established in a way that connects successful entrepreneurial strategies with philanthropic efforts, supporting initiatives since 2015. By 2023, UpMobility had funded over $17.58 million in grants and supported more than 140 organizations.

Mission and Activities

UpMobility Foundation focuses on fostering collaborative efforts among nonprofit organizations to address societal challenges more effectively. Its core strategies include community building, advancing education, and supporting humanitarian aid initiatives. The foundation emphasizes collaboration and resource sharing to enhance impact.

Funding Focus

UpMobility prioritizes projects that align with its mission, particularly in Central New York State and extending nationally and globally. Key funding themes include:

• Equity, Diversity, Inclusion, and Belonging (DEIB): Collaborations aimed at promoting social cohesion.
• Community Building: Initiatives that foster community engagement and support.
• Advancing Education: Programs enhancing educational opportunities.
• Humanitarian Aid & International Development: Efforts providing relief in crisis situations.

Grant Process

Applications undergo a thorough review to ensure alignment with the foundation's strategic objectives. Eligible projects are evaluated based on potential impact and alignment with UpMobility's goals. Successful grantees are required to sign a grant agreement and submit progress reports.

Partnerships

UpMobility partners with various organizations, including the Community Foundation of Herkimer and Oneida Counties, to enhance its grantmaking capabilities and expand its impact. This partnership allows UpMobility to tap into a broader network and innovative approaches to philanthropy.

Financial Overview

As of 2023, UpMobility Foundation reported $8.85 million in revenue and $4.74 million in expenses, with total assets of $24.2 million and no liabilities. Its financial operations are characterized by significant charitable disbursements, indicating a strong commitment to its mission.

Notable Initiatives

Notable initiatives include support for veterans' organizations, arts exposure for youth, and humanitarian relief efforts in international crises.

Conclusion

The UpMobility Foundation embodies a model of collaborative philanthropy, leveraging entrepreneurial networks to amplify impact in critical social areas. Its strategic partnerships and focus on community-driven initiatives underscore its commitment to creating lasting change.