National Fund For Workforce Solutions

Organization Overview

National Fund For Workforce Solutions is located in Washington, DC. The organization was established in 2016. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. As of 09/2021, National Fund For Workforce Solutions employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Fund For Workforce Solutions 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 09/2021, National Fund For Workforce Solutions generated $1.9m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $5.9m during the year ending 09/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2017, National Fund For Workforce Solutions has awarded 105 individual grants totaling $10,476,261. 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

SEE PART III, LINE 1.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ACTIVATE EMPLOYERS TO MAKE JOBS BETTER:WE TAKE A DEMAND-DRIVEN APPROACH TO WORKFORCE DEVELOPMENT, BECAUSE EMPLOYERS ARE CRITICAL PARTNERS IN COMMUNITY DEVELOPMENT AND IN ACHIEVING OUR MISSION. BUT CONNECTING PEOPLE TO EMPLOYMENT IS NOT ENOUGH--WORKERS THRIVE IN GOOD JOBS AT AN ORGANIZATION WHERE THEY ARE VALUED. INVESTING IN FRONTLINE WORKERS IMPROVES RECRUITMENT AND RETENTION AND CREATES COMPETITIVE ADVANTAGE. WE ACTIVATE EMPLOYERS TO MAKE JOBS BETTER BECAUSE GOOD JOBS GENERATE BENEFITS FOR INDIVIDUALS AND THEIR FAMILIES, BUSINESSES, AND COMMUNITIES.


CHANGE SYSTEMS:SOLVING WORKFORCE PROBLEMS REQUIRES SEEING THE WHOLE PICTURE, IN ALL OF ITS COMPLEXITY. IT MEANS MAKING CONNECTIONS AMONG ORGANIZATIONS, POLICIES, AND MINDSETS. SYSTEMS THINKING HELPS IDENTIFY THE RIGHT THING TO WORK ON--TO ADDRESS WHAT IS PREVENTING A PROBLEM FROM BEING SOLVED. SYSTEMS CHANGE STRATEGIES GO BEYOND SYMPTOMS AND SEEK TO TREAT CAUSES, EXAMINING THE UNDERLYING CONDITIONS OF POWER AND RELATIONSHIPS THAT ARE DRIVING EVENTS. SUCH STRATEGIES CAN BE A CRITICAL STEP TO HELP COMMUNITIES SYSTEMATICALLY ADDRESS RACIAL DISPARITIES.


EQUIP WORKERS FOR SUCCESS:WORKERS SUCCEED IN A WELL-DESIGNED JOB AT AN ORGANIZATION WHERE THEY ARE VALUED. FROM TRAINING, UPSKILLING, AND APPRENTICESHIP TO WORKER ENGAGEMENT, SATISFACTION, AND WELL-BEING, WE PROMOTE THE FULL RANGE OF SKILLS DEVELOPMENT AND SUPPORTS THAT ENABLE WORKERS TO THRIVE. WE RECOGNIZE THE HUMANITY OF WORKERS AND ADVANCE PRACTICES AND WORKPLACE CULTURES THAT ALLOW WORKERS TO SHOW UP AS THEIR FULL SELVES.


CO-INVEST FOR IMPACT:WE CATALYZE OUR NETWORK TO CO-INVEST IN A SET OF INTEGRATED SOLUTIONS THAT ENABLES WORKERS, EMPLOYERS AND COMMUNITIES TO ADVANCE A SKILLED WORKFORCE, PROMOTE GOOD JOBS AND INVEST IN EQUITABLE OUTCOMES. BY USING A CO-INVESTMENT MODEL THAT LEVERAGES BOTH PRIVATE AND PUBLIC FUNDING, OUR NETWORK OF COMMUNITIES HAS GREATER RESOURCES TO DO THE WORK.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Design Impact
Consulting--activate Emp. Prgrm
$209,559
Washington University In St Louis
Consulting - Study Of Collaboratives
$199,832
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $287,185
All other contributions, gifts, grants, and similar amounts not included above$1,536,289
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,823,474
Total Program Service Revenue$32,803
Investment income $12,204
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,868,629

Grants Awarded

Over the last fiscal year, National Fund For Workforce Solutions has awarded $1,901,362 in support to 10 organizations.

Grant RecipientAmount

FUND FOR OUR ECONOMIC FUTURE

Org PageRecipient Profile

Cleveland, OH

PURPOSE: TO SUPPORT ACTIVATE EMPLOYERS AND CHANGE SYSTEMS PROGRAMS

$350,000

MARYLAND PHILANTHROPY NETWORK

Org PageRecipient Profile

Baltimore, MD

PURPOSE: TO SUPPORT THE CHANGE SYSTEMS & EQUIP WORKERS FOR SUCCESS PROGRAMS

$330,000

CENTERSTATE CEO FOUNDATION

Org PageRecipient Profile

Syracuse, NY

PURPOSE: TO SUPPORT THE ACTIVATE EMPLOYERS, CHANGE SYSTEMS & EQUIP WORKERS FOR SUCCESS PROGRAMS

$310,618

Pittsburgh, PA

PURPOSE: TO SUPPORT THE ACTIVATE EMPLOYERS PROGRAM

$200,000

UNITED WAY OF GREATER ATLANTA

Org PageRecipient Profile

Atlanta, GA

PURPOSE: TO SUPPORT THE CHANGE SYSTEMS PROGRAM

$180,744

UNITED WAY OF METROPOLITAN DALLAS

Org PageRecipient Profile

Dallas, TX

PURPOSE: TO SUPPORT THE CHANGE SYSTEMS & EQUIP WORKERS FOR SUCCESS PROGRAMS

$150,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 7 grants that National Fund For Workforce Solutions has recieved totaling $3,679,241.

Awarding OrganizationAmount
Annie E Casey Foundation

Baltimore, MD

PURPOSE: SUPPORT PLANNING FOR THE NEXT PHASE OF GENERATION WORK

$936,751
Lumina Foundation For Education Inc

Indianapolis, IN

PURPOSE: TO STRENGTHEN COMMUNITY COLLEGE ENGAGEMENT IN FIVE REGIONAL WORKFORCE COLLABORATIVES WITH A GOAL OF INCREASING CREDENTIAL ATTAINMENT FOR WORKERS OF COLOR AND WOMEN BY 10 PERCENT OVER CURRENT BASELINE.

$799,657
Prudential Foundation Inc

Newark, NJ

PURPOSE: REDESIGNED JOBS, RESILIENT WORKERS

$668,000
Jp Morgan Chase Foundation

New York, NY

PURPOSE: IN SUPPORT OF CREATING ECONOMIC MOBILITY AND CAREER PATHWAYS

$500,000
Jp Morgan Chase Foundation

New York, NY

PURPOSE: IN SUPPORT OF CREATING ECONOMIC MOBILITY AND CAREER PATHWAYS

$500,000
World Education Services Inc

New York, NY

PURPOSE: EMPLOYER PRACTICES FUNDING ROUND

$150,000
View Grant Recipient Profile

Create an account to unlock the data you need.

or