Impactassets Inc

Organization Overview

Impactassets Inc is located in Bethesda, MD. The organization was established in 2009. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2019, Impactassets Inc employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2019, Impactassets Inc generated $734.8m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 44.9% each year . All expenses for the organization totaled $114.7m during the year ending 12/2019. While expenses have increased by 30.0% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Impactassets Inc has awarded 4,122 individual grants totaling $334,442,532. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

IMPACTASSETS,INC. ENCOURAGES THE INVESTMENT OF CHARITABLE ASSETS IN, AND GRANT MAKING TO, PROJECTS AND ENTERPRISES THAT IMPACT SOCIETY IN A POSITIVE MANNER THROUGH ACTIVITIES INCLUDING, BUT NOT LIMITED TO, MAINTAINING EDUCATIONAL, INVESTOR, DONOR, AND ADMINISTRATIVE PROGRAMS THAT ENABLE A BROAD BASE OF SOCIETY TO PARTICIPATE IN SUCH ACTIVITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

IMPACTASSETS INC.'S DONOR ADVISED FUND IS A UNIQUE PHILANTHROPIC PLATFORM THAT OFFERS A DONOR ADVISED PROGRAM AND FISCAL SPONSORSHIP SERVICES FOR INDIVIDUAL AND INSTITUTIONAL DONORS. IMPACTASSETS UTILIZES GRANTMAKING AND IMPACT INVESTING TO MAXIMIZE THE FLOW OF CAPITAL TO ORGANIZATION'S THAT STRIVE TO CREATE A POSITIVE SOCIAL AND ENVIRONMENTAL IMPACT ON SOCIETY. IMPACTASSETS MODEL ENABLES DONORS TO MAXIMIZE THE IMPACT OF THEIR PHILANTHROPIC CAPITAL.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Social Capital Markets Llc
Project Management
$232,750
Stellar Technology Solutions Llc
Technology Services
$188,794
Paradigm Pm Llp
Philanthropic Consulting
$144,000
Arabella Advisors
Philanthropic Consulting
$146,250
Bmnt Partners
Philanthropic Consulting
$150,000
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $50,000
All other contributions, gifts, grants, and similar amounts not included above$691,163,105
Noncash contributions included in lines 1a–1f $469,588,647
Total Revenue from Contributions, Gifts, Grants & Similar$691,213,105
Total Program Service Revenue$250,758
Investment income $20,126,685
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $23,190,938
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $734,781,486

Grants Awarded

Over the last fiscal year, Impactassets Inc has awarded $97,525,970 in support to 1,284 organizations.

Grant RecipientAmount

GLOBALGIVING FOUNDATION

Org PageRecipient Profile

Washington, DC

PURPOSE: GENERAL OPERATING SUPPORT

$5,211,425

THE TIDES FOUNDATION

Org PageRecipient Profile

San Francisco, CA

PURPOSE: GENERAL OPERATING SUPPORT

$3,960,500

UNIVERSITY OF WASHINGTON

PURPOSE: GENERAL OPERATING SUPPORT

$3,241,801

UNITED WAY WORLDWIDE

Org PageRecipient Profile

Alexandria, VA

PURPOSE: GENERAL OPERATING SUPPORT

$2,750,000

FOUNDATION FOR CIVIC LEADERSHIP

Org PageRecipient Profile

Cambridge, MA

PURPOSE: GENERAL OPERATING SUPPORT

$2,700,000

ELLA BAKER CENTER

Org PageRecipient Profile

Oakland, CA

PURPOSE: GENERAL OPERATING SUPPORT

$2,110,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 6 grants that Impactassets Inc has recieved totaling $534,258.

Awarding OrganizationAmount
Four-Four Foundation Inc

New York, NY

PURPOSE: GENERAL

$241,000
Silicon Valley Social Venture Fund

Redwood City, CA

PURPOSE: SUPPORT SOCIAL VENTURES

$140,000
Graham Stretch Family Foundation

Wilmington, DE

PURPOSE: ALYSE GRAHAM AND COLIN STRETCH FUND

$80,000
Jewish Communal Fund

New York, NY

PURPOSE: General support

$50,000
Network For Good Inc

Washington, DC

PURPOSE: Unrestricted

$13,258
Organization Name not Listed

PURPOSE: GENERAL USE

|

$10,000
View Grant Recipient Profile

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