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 12/2021, Impactassets Inc employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Impactassets Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Impactassets Inc generated $718.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 29.9% each year . All expenses for the organization totaled $218.6m during the year ending 12/2021. While expenses have increased by 32.3% per year over the past 7 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 8,145 individual grants totaling $701,014,288. 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 990T Filing

TAX YEAR

2021

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:

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
Multiplier
Project Management
$458,208
Catalyst At Large
Project Management
$369,247
Ureeka Inc
Philanthropic Advisory
$475,000
Stellar Technology Solutions Llc
Technology And Systems
$331,193
Robert Half International Inc
Consulting
$336,791
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$649,033,144
Noncash contributions included in lines 1a–1f $318,637,063
Total Revenue from Contributions, Gifts, Grants & Similar$649,033,144
Total Program Service Revenue$471,349
Investment income $29,532,035
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $38,951,513
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $717,988,041

Grants Awarded

Over the last fiscal year, Impactassets Inc has awarded $191,688,727 in support to 2,095 organizations.

Grant RecipientAmount

Washington, DC

PURPOSE: GENERAL SUPPORT

$5,288,150

CHARITIES AID FOUNDATION OF AMERICA

Org PageRecipient Profile

Alexandria, VA

PURPOSE: GENERAL SUPPORT

$5,005,000

FIDELITY INVESTMENTS CHARITABLE GIFT FUND

Org PageRecipient Profile

Boston, MA

PURPOSE: GENERAL SUPPORT

$4,523,089

SHELTERWOOD COLLECTIVE

Org PageRecipient Profile

Cazadero, CA

PURPOSE: GENERAL SUPPORT

$4,341,000

NATIONAL PHILANTHROPIC TRUST FBO FRIENDS OF UBS OPTIMUS FOUNDATION

Org PageRecipient Profile

Jenkintown, PA

PURPOSE: GENERAL SUPPORT

$3,096,667

GATHERING ROOTS WELLNESS CENTER

Org PageRecipient Profile

Seattle, WA

PURPOSE: CAPITAL CAMPAIGN CONTRIBUTION

$2,750,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 72 grants that Impactassets Inc has recieved totaling $134,644,591.

Awarding OrganizationAmount
Kataly Foundation

San Francisco, CA

PURPOSE: CHARITABLE ACTIVITIES

$37,000,000
Tides Foundation

San Francisco, CA

PURPOSE: HEALTHY INDIVIDUALS AND COMMUNITIES

$31,926,754
Schwab Charitable Fund

San Francisco, CA

PURPOSE: PUBLIC, SOCIETAL BENEFIT

$22,721,900
Silicon Valley Community Foundation

Mountain View, CA

PURPOSE: General Nonprofit Support

$22,678,336
Greater Houston Community Foundation

Houston, TX

PURPOSE: PUBLIC BENEFIT

$3,181,052
Rudolf Steiner Foundation Inc

San Francisco, CA

PURPOSE: FOR SARAH CHRISTIANO APPLICATION TO OPEN THE NAGLIANO CHARITABLE FUND

$2,636,860
View Grant Recipient Profile

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