Public Invention was incorporated and granted 501c3 tax-exempt status by the IRS in 2019. In its founding year of 2019, Public Invention received $18,000 in donations primarily from its founder, with support from other public inventors and board members. At the end of 2019 it had approximately $6000 in the bank. More detailed information can be found in our 2019 annual report.
Your tax-deductible donations in 2020 will provide direct material support for public inventors in the form of 3D printed parts, electronics, and tools. Additionally, some money will be used to travel to conferences to recruit new Public Inventors and Invention Coaches. Finally, Public Invention supports direct publication costs in academic journals to make sure all our inventions are freely and easily reusable by everyone.