Tmura
Tmura is a 2002-founded Israeli nonprofit that receives equity and stock-option donations from 975+ Israeli tech companies, exercises them at liquidity events, and distributes proceeds to education and youth-focused nonprofits in Israel.
- Company typePrivate
- Founded2002
- HeadquartersTel Aviv, Israel
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Tmura does
Tmura – The Israeli Public Service Venture Fund is a nonprofit organization (amuta) founded in 2002 and headquartered in Tel Aviv that operates a single service: receiving donations of equity stock and stock options from Israeli and Israel-related high-tech companies and, upon liquidity events such as IPOs or acquisitions, exercising those options, selling the shares, and allocating the proceeds to education and youth-related nonprofits in Israel. Donor companies typically contribute less than 1% of outstanding shares (generally 0.5%–1.0%), with very early-stage companies providing common stock valued at approximately $50,000 or options equivalent to a senior engineer's grant.
Tmura does not sell a technology product. Its "platform" is the legal, governance, and donor-relations infrastructure surrounding equity donations, including a curated network of evaluated grantees and direct outreach to founders via participating venture capital firms (Veritas, Giza, GK Advisory, Sunvest). Donor acquisition is conducted through VC introductions, direct engagement, and events held in Tel Aviv, NYC, Boston, and Palo Alto. Cumulative proceeds distributed to charity exceed NIS 130,000,000, with notable single-event proceeds including over $1,500,000 from the Waze exit (2013) and 40 Million Shekels from a cluster of recent IPOs.
Tmura is affiliated with the Entrepreneurs' Foundation (operating in Austin, Boulder, Concord, Dallas, Honolulu, Portland, San Francisco, and Toronto) and The Upside Foundation of Canada, forming an international equity-philanthropy network. The organization is governed by a board chaired by Yadin Kaufmann (founder and Veritas Venture Partners founding partner), with day-to-day operations led by Executive Director Baruch Lipner. The model produces no traditional operating revenue; all incoming equity proceeds are pass-through to grantees, with operational funding implied to come from sources not disclosed in the source material.
Tmura firmographics
Firmographics- Name
- Tmura
- Legal name
- Tmura – The Israeli Public Service Venture Fund
- Website
- https://tmura.org
- Company type
- Private
- Founded year
- 2002
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Tmura is a 2002-founded Israeli nonprofit that receives equity and stock-option donations from 975+ Israeli tech companies, exercises them at liquidity events, and distributes proceeds to education and youth-focused nonprofits in Israel.
- Ownership category
- akta.pro rank
Tmura industry classification
Industry- Product category
- Venture Philanthropy / Nonprofit Equity Donation Fund
- NAICS
- Grantmaking and Giving Services (81321), Civic and Social Organizations (8134), Grantmaking and Giving Services (8132)
- SIC
- Services-Membership Organizations (8600), Investment Advice (6282)
- akta.pro primary industry
- Charitable Giving & Philanthropic Trust Advisory (FSAEAKAH)
- akta.pro secondary industry
- Philanthropic & Charitable Trust Services (FSAAANAI)
Keywords
Where Tmura is headquartered
LocationHeadquarters
- HQ city
- Tel Aviv
- HQ country
- Israel
- HQ region
- Middle East
Offices1 record
Markets served
Tmura business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- Equity Option Donations: Tmura receives donations of equity stock and stock options from private and public Israeli high-tech companies. Upon liquidity events (exits, IPOs), Tmura exercises the options, sells the shares, and allocates proceeds to education and youth-related nonprofits in Israel. Companies donate less than 1% of outstanding shares (generally 0.5% to 1.0%).
Distribution channels1 record
Marketing channels5 records
Tmura product offering
Product offeringCore offering
Tmura is a nonprofit venture philanthropy fund that accepts donations of equity stock and stock options from Israeli and Israel-related high-technology companies (typically 0.5% to 1.0% of outstanding shares). Upon liquidity events such as IPOs or acquisitions, Tmura exercises the options, sells the shares, and allocates the cash proceeds to vetted education- and youth-related nonprofit organizations in Israel. The organization does not sell any software, hardware, or commercial product; its sole deliverable is the charitable program itself.
Product overview
Tmura is The Israeli Public Service Venture Fund, a nonprofit foundation (amuta) founded in 2002 that operates a single unified service: receiving donations of equity from Israeli and Israel-related high-tech companies and, upon liquidity events (IPOs, acquisitions), converting those options to cash and distributing proceeds to education and youth-related charities. The organization does not offer technology products but rather serves as a philanthropic intermediary between the tech sector and nonprofit grantees. The portfolio includes option donations from over 974 companies with tens of exits generating over NIS 130,000,000 for charitable causes.
Differentiator
Problem solved
Functional benefit
Products and services
- Tmura Stock Option Donation Program A charitable donation program that receives equity stock and stock options (typically 0.5%-1.0% of outstanding shares) from Israeli and Israel-related high-technology companies, exercises and sells the options upon liquidity events (IPOs, acquisitions), and allocates cash proceeds to vetted education- and youth-related nonprofit organizations in Israel. For donor companies, it provides a low-cash-impact philanthropy tool; for grantees, it provides sustained grant funding tied to the success of the Israeli tech sector.
Quantifiable outcome
- NIS 130,000,000+ generated for education and youth initiatives
- +2 more outcomes
Companies that use Tmura
Customer profileNamed customers2 records
Segments1 record
Ideal customer profiles2 records
Tmura technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Tmura partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered major and core.
- OurCrowdmajorOurCrowd partnered with Tmura to encourage startups in their portfolio to donate equity to charity, expanding the reach of Tmura's philanthropy model to OurCrowd's investor network and portfolio companies.
- Entrepreneurs' Foundation (Multiple US Cities)coreTmura is an affiliate of the Entrepreneurs' Foundation, a nonprofit operating in several US high-tech centers. Affiliates include Austin, Boulder (CO), Concord (NH), Dallas (TX), Honolulu (HI), Portland (OR), San Francisco (CA), and Toronto (HQ for Canadian operations) - each serving as local equivalents for tech philanthropy.
- The Upside Foundation of CanadacoreTmura is affiliated with The Upside Foundation of Canada, which serves all of Canada as a similar model for tech philanthropy and equity-based charitable giving.
Scale indicators6 records
Recent moves6 records
Expansion highlights4 records
Tmura competitors and assessment
Company assessmentBroad incumbents
- New Profit: US venture philanthropy fund that backs social entrepreneurs with multi-year funding and capacity-building support; comparable as a sizable nonprofit intermediary channeling resources, though operating under a grants-plus-support model rather than equity options.
- Acumen: Global impact investor using philanthropic capital to back social enterprises; comparable as a large-scale nonprofit social-purpose intermediary, though focused on investments in emerging markets rather than equity donations from startups.
- Kiva: Nonprofit crowdfunding platform channeling donor capital to underserved borrowers; comparable as a tech-enabled philanthropic intermediary but oriented toward microfinance rather than equity donation.
Emerging players
- Draper Richards Kaplan Foundation: Early-stage venture philanthropy foundation funding high-impact social enterprises; comparable to Tmura in nonprofit venture-style grantmaking, but with capital from philanthropists rather than donated equity.
- SV2 (Silicon Valley Social Venture Fund): Silicon Valley community of venture philanthropists funding nonprofits; comparable to Tmura as a venture-style philanthropic intermediary embedded in the tech ecosystem, but does not use equity donations.
Direct peers
- The Upside Foundation of Canada: Tmura's Canadian affiliate; identical equity-donation-to-charity model operating across Canada, making it the most direct functional peer to Tmura.
- Pledge 1%: Global movement encouraging early-stage companies to pledge 1% of equity, time, product, or profit to charity; overlaps with Tmura's equity donation model and shares a similar early-stage tech donor base.
- Entrepreneurs' Foundation: Tmura's direct US affiliate; applies the same equity-donation model to tech companies in multiple US high-tech hubs (San Francisco, Austin, etc.) serving as the closest analog to Tmura's grantmaking model.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
Tmura social profiles
Digital presenceTmura financial estimates
Financial estimateRevenue estimate
Valuation estimate
Tmura leadership team
Management profileNumber of profiles
Profiles6 records
Tmura funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Tmura M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Tmura
What does Tmura do?
Tmura is a nonprofit venture philanthropy fund that accepts donations of equity stock and stock options from Israeli and Israel-related high-technology companies (typically 0.5% to 1.0% of outstanding shares). Upon liquidity events such as IPOs or acquisitions, Tmura exercises the options, sells the shares, and allocates the cash proceeds to vetted education- and youth-related nonprofit organizations in Israel. The organization does not sell any software, hardware, or commercial product; its sole deliverable is the charitable program itself.
Is Tmura a public or private company?
Tmura is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Tmura founded?
Tmura was founded in 2002. It employs 1 to 10 people.
Where is Tmura based?
Tmura is headquartered in Tel Aviv, Israel, in the Middle East region.
How does Tmura make money?
One revenue line is on record: equity Option Donations.
Who are Tmura's main competitors?
Broad incumbents on record are New Profit, Acumen and Kiva. Emerging players are Draper Richards Kaplan Foundation and SV2 (Silicon Valley Social Venture Fund). Direct peers are The Upside Foundation of Canada, Pledge 1% and Entrepreneurs' Foundation.
Does Tmura have an API?
No public API is recorded for Tmura.
What industry is Tmura in?
Tmura's product category is Venture Philanthropy / Nonprofit Equity Donation Fund. Its primary akta.pro industry code is FSAEAKAH, Charitable Giving & Philanthropic Trust Advisory, with a secondary code of FSAAANAI, Philanthropic & Charitable Trust Services. Its NAICS code is 81321 and its SIC code is 8600.