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    3. 757 Accelerate
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    757 Accelerate

    ActivoCommunity Improvement
    NORFOLK, VASitio web8043661535EIN: 82-3232312

    About 757 Accelerate

    757 Accelerate Inc functions as an early-stage seed fund focused on very small, one-off startup grants, primarily providing organization startup funding across technology-driven ventures. Their portfolio spans medtech, AI/software, clean tech/energy and agricultural technology, indicating an interest in commercializing technical innovations rather than traditional nonprofit causes. Grants are uniformly modest (mostly ~$20k) and appear aimed at company formation and proof-of-concept support.

    Focus Areas

    Medtech and clinical device startups (e.g., Hubly Surgical, Nininger Medical)AI and software commercialization (e.g., ReEnvision AI, Markbotix)Clean mobility and energy innovation (e.g., LuftCar, Gismo Power)Agri-tech and food-tech ventures (e.g., Agricision, Crunchy Hydration)Supply chain transparency and blockchain-enabled services (e.g., Chainparency)

    Who They Fund

    early-stage nonprofit organizationsnew social enterprisesfounders/organizers launching community organizations

    About 757 Accelerate

    757 Accelerate Inc centers its grantmaking on organization startup funds for early-stage ventures, with every recent grant in the dataset labeled for that purpose. The pattern points to seed support rather than ongoing operating help: most awards sit at $20,000, and the foundation’s recent portfolio includes technology-driven companies working on product formation and early commercialization. Across the recent grants list, medtech, AI and software, clean mobility, food-tech, and supply-chain transparency all appear as areas where new ventures received initial backing. Recent examples include $20,000 to Flying Ship Company in Leesburg and $20,000 to Mocktail Club in Washington, DC, both framed as startup support. The foundation also supported 3 Ridge Technologies in Lynchburg and Agricision Inc in Sedley, showing that its giving reaches both Virginia-based ventures and companies elsewhere in the US. The grant record suggests a funder oriented toward helping founders move from concept to launch, especially where technical products or services need early organizational capital.

    What 757 Accelerate Funds

    The strongest throughline in 757 Accelerate Inc’s recent giving is startup formation for technical ventures. In medtech, the foundation gave $20,000 to Hubly Surgical in Lisle for organization startup funds, and another $20,000 to Nininger Medical Inc in Houston for the same purpose. It also backed AI and software commercialization with $20,000 to Reenvision Ai Inc in Seattle and $20,000 to Markbotix in Porter Ranch. Clean mobility and energy innovation appears in a $20,000 grant to Luftcar LLC in Orlando, while Gismo Power in Hampton received $14,000 for organization startup funds. The portfolio also includes agricultural and food-related startups such as Agricision Inc in Sedley and Crunchy Hydration in Virginia Beach, each supported at the startup stage.

    How 757 Accelerate Gives

    The typical grant size is tightly clustered: p25, median, and p75 are all $20,000. That means the foundation’s awards are highly standardized, with one visible outlier at $25,000 and one smaller grant at $14,000. The recent record also looks like one-off startup support rather than recurring program funding, since the grants are presented as organization startup funds to early ventures. 757 Accelerate Inc is a regular funder, not a DAF, and it does not fund individuals or make program-related investments. With annual grants of $399,000 against assets of $507,572, it operates at a relatively focused scale.

    Financial Snapshot

    Annual Giving

    $294K

    Total Assets

    $508K

    Total Revenue

    $1.2M

    Total Expenses

    $1.7M

    Typical Grant Size

    Most grants fall between $20K and $20K, with a median of $20K.

    25th Percentile

    $20K

    Median

    $20K

    75th Percentile

    $20K

    Geographic Reach

    Regional7 states funded

    About 42% of grants go to recipients in NY.

    Intensidad de financiamiento
    Baja
    Alta
    Sede

    Leadership

    PAUL NOLDE

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    Giving Approach

    Distributed, shallow-seed approach: many small, one-time startup grants (~$14k–$25k) across diverse early-stage companies with little evidence of repeat funding to the same recipients.

    Funding Style

    seed fundingcapacity buildingunrestricted startup supportone-time/initial grants

    Notable grantees: Hubly Surgical, ReEnvision AI Inc, Agricision Inc, LuftCar LLC, Chainparency

    Topics

    organizational development for new nonprofitsnonprofit incubationstartup operational expenses (staff, rent, equipment)

    Where 757 Accelerate Makes Grants

    Grantmaking is regional but not confined to Virginia. The top state by grant count is New York, while 42% of grants went to recipients in Virginia. Recent recipient cities include New York, Leesburg, Washington, DC, Lynchburg, Sedley, and Virginia Beach. The portfolio also reaches Houston, Orlando, Seattle, and San Diego, showing a spread across US startup hubs and regional Virginia locations. All recent grants in the dataset went to US recipients.

    Frequently Asked Questions About 757 Accelerate

    What kinds of organizations does 757 Accelerate Inc fund?

    It funds early-stage ventures receiving organization startup funds. The recent grants list shows support for technology-driven startups across medtech, AI/software, clean mobility, agricultural technology, and supply-chain transparency, with each award framed as startup funding rather than ongoing program support.

    What is the typical grant size?

    The grant-size distribution is very tight: the 25th percentile, median, and 75th percentile are all $20,000. In the recent list, nearly every award is $20,000, with one $25,000 grant and one $14,000 grant.

    Does the foundation fund outside Virginia?

    Yes. Although 42% of grants went to recipients in Virginia, the top state by grant count is New York, and recent grants also went to recipients in Washington, DC, Illinois, California, Texas, Maryland, Washington, and Florida.

    Are the grants recurring or one-time?

    The pattern looks like one-time startup support. The recent grants are labeled organization startup funds, and the data shows a series of separate awards to early-stage ventures rather than repeated support to the same recipient across multiple years.

    Latest 990 Filing

    2025

    Source: IRS Form 990-PF, fiscal year 2025.

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    TEAM HANDOFFNEW YORK, NY$20,0002025ORGANIZATION STARTUP FUNDS
    FLYING SHIP COMPANYLEESBURG, VA$20,0002025ORGANIZATION STARTUP FUNDS
    MOCKTAIL CLUBWASHINGTON, DC$20,0002025ORGANIZATION STARTUP FUNDS
    AGRICISION INCSEDLEY, VA$20,0002025ORGANIZATION STARTUP FUNDS
    3 RIDGE TECHNOLOGIESLYNCHBURG, VA$20,0002025ORGANIZATION STARTUP FUNDS
    SLIP SIGNAL TECHNOLOGIESOXON HILL, MD$20,0002025ORGANIZATION STARTUP FUNDS
    REENVISION AI INCSEATTLE, WA$20,0002025ORGANIZATION STARTUP FUNDS
    WORDS LIIVEFALLS CHURCH, VA$20,0002025ORGANIZATION STARTUP FUNDS
    REBLOOD RX INCSAN DIEGO, CA$20,0002025ORGANIZATION STARTUP FUNDS
    NIGHTINGALE CARE SOLUTIONSPHILIDELPHIA, PA$20,0002025ORGANIZATION STARTUP FUNDS
    CONTRACTOR PLUSORLANDO, FL$20,0002025ORGANIZATION STARTUP FUNDS
    LUFTCAR LLCORLANDO, CA$20,0002025ORGANIZATION STARTUP FUNDS
    MARKBOTIXPORTER RANCH, CA$20,0002025ORGANIZATION STARTUP FUNDS
    NININGER MEDICAL INCHOUSTON, TX$20,0002025ORGANIZATION STARTUP FUNDS
    GISMO POWERHAMPTON, VA$14,0002025ORGANIZATION STARTUP FUNDS
    CONCONNECTNEW YORK, NY$25,0002023ORGANIZATION STARTUP FUNDS
    HUBLY SURGICALLISLE, IL$20,0002023ORGANIZATION STARTUP FUNDS
    CHAINPARENCYHOUSTON, TX$20,0002023ORGANIZATION STARTUP FUNDS
    DREAMIREDWOOD CITY, CA$20,0002023ORGANIZATION STARTUP FUNDS
    CRUNCHY HYDRATIONVIRGINIA BEACH, VA$20,0002023ORGANIZATION STARTUP FUNDS

    TEAM HANDOFF

    $20,000
    NEW YORK, NY2025

    ORGANIZATION STARTUP FUNDS

    FLYING SHIP COMPANY

    $20,000
    LEESBURG, VA2025

    ORGANIZATION STARTUP FUNDS

    MOCKTAIL CLUB

    $20,000
    WASHINGTON, DC2025

    ORGANIZATION STARTUP FUNDS

    AGRICISION INC

    $20,000
    SEDLEY, VA2025

    ORGANIZATION STARTUP FUNDS

    3 RIDGE TECHNOLOGIES

    $20,000
    LYNCHBURG, VA2025

    ORGANIZATION STARTUP FUNDS

    SLIP SIGNAL TECHNOLOGIES

    $20,000
    OXON HILL, MD2025

    ORGANIZATION STARTUP FUNDS

    REENVISION AI INC

    $20,000
    SEATTLE, WA2025

    ORGANIZATION STARTUP FUNDS

    WORDS LIIVE

    $20,000
    FALLS CHURCH, VA2025

    ORGANIZATION STARTUP FUNDS

    REBLOOD RX INC

    $20,000
    SAN DIEGO, CA2025

    ORGANIZATION STARTUP FUNDS

    NIGHTINGALE CARE SOLUTIONS

    $20,000
    PHILIDELPHIA, PA2025

    ORGANIZATION STARTUP FUNDS

    CONTRACTOR PLUS

    $20,000
    ORLANDO, FL2025

    ORGANIZATION STARTUP FUNDS

    LUFTCAR LLC

    $20,000
    ORLANDO, CA2025

    ORGANIZATION STARTUP FUNDS

    MARKBOTIX

    $20,000
    PORTER RANCH, CA2025

    ORGANIZATION STARTUP FUNDS

    NININGER MEDICAL INC

    $20,000
    HOUSTON, TX2025

    ORGANIZATION STARTUP FUNDS

    GISMO POWER

    $14,000
    HAMPTON, VA2025

    ORGANIZATION STARTUP FUNDS

    CONCONNECT

    $25,000
    NEW YORK, NY2023

    ORGANIZATION STARTUP FUNDS

    HUBLY SURGICAL

    $20,000
    LISLE, IL2023

    ORGANIZATION STARTUP FUNDS

    CHAINPARENCY

    $20,000
    HOUSTON, TX2023

    ORGANIZATION STARTUP FUNDS

    DREAMI

    $20,000
    REDWOOD CITY, CA2023

    ORGANIZATION STARTUP FUNDS

    CRUNCHY HYDRATION

    $20,000
    VIRGINIA BEACH, VA2023

    ORGANIZATION STARTUP FUNDS