Philanthropic Impact Fund
- Assets
- $0.0
- Revenue
- $3.3m
- Investments
- $0.0
- Employees
- 2
- Location
- Beverly Hills, CA
- Founding
- 10/2018
- Data as of
- 12/2021
- EIN
- 83-1905906
Organization Overview
Philanthropic Impact Fund is located in Beverly Hills, CA. The organization was established in 2018. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Philanthropic Impact Fund employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Philanthropic Impact Fund 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, Philanthropic Impact Fund generated $3.3m in total revenue. All expenses for the organization totaled $10.4m during the year ending 12/2021.
Since 2018, Philanthropic Impact Fund has awarded 22 individual grants totaling $21,275,618. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PHILANTHROPIC IMPACT FUND IS A CALIFORNIA CHARITABLE TRUST ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES. THE SPECIFIC PURPOSE OF THIS ORGANIZATION IS TO OPERATE (A) A FISCAL SPONSORSHIP UMBRELLA TO UNDERTAKE CHARITABLE PROJECTS AND (B) TO ALSO OPERATE A DONOR ADVISED FUND IN ADVANCEMENT OF CHARITABLE PURPOSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONDUCTED RESEARCH ON ADVERSE CHILDHOOD EXPERIENCES AND TOXIC STRESS. ASSEMBLED EXPERTS IN THE FIELDS OF PEDIATRICS, PSYCHOLOGY AND SOCIOLOGY TO FURTHER EXPLORE THE IMPACT OF ADVERSE CHILDHOOD EXPERIENCES ON CHILDREN AND ADULTS. CREATED PARTNERSHIPS, FRAMEWORK AND ORGANIZATIONAL PLAN FOR A LARGE-SCALE AWARENESS CAMPAIGN TO EDUCATE THE PUBLIC ABOUT ADVERSE CHILDHOOD EXPERIENCES AND THE LONG-TERM IMPACT OF TOXIC STRESS ON THE HUMAN BODY.
PROVIDED FINANCIAL SUPPORT TO "CHRISTINE ANN DOMESTIC ABUSE FOUNDATION", A NON-PROFIT ORGANIZATION BASED IN WISCONSIN THAT PROVIDES SHELTERS AND COUNSELING FOR DOMESTIC ABUSE SURVIVORS AS WELL AS COMMUNITY EDUCATION AND PREVENTION ON THE ISSUE OF DOMESTIC ABUSE.
PROVIDED FINANCIAL SUPPORT TO "MASS IMPACT", A NON-PROFIT ORGANIZATION FOCUSED ON EDUCTATION AND THE PROMOTION OF COMMUNITY AWARENESS AND SOCIAL ISSUES.
CONTRIBUTED FUNDS TO PHILANTHROPIC IMPACT FOUNDATION, A TENNESSEE CHARITABLE TRUST ORGANIZAED AND OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES.
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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 | $3,311,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,311,500 |
| Total Program Service Revenue | $2,025 |
| Investment income | $0 |
| 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 | $3,313,525 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,143,893 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $16,500 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,710 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,780 |
| Fees for services: Accounting | $5,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $188,391 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,064 |
| All other expenses | $84 |
| Total functional expenses | $10,361,072 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $0 |
Grants Awarded
Over the last fiscal year, Philanthropic Impact Fund has awarded $10,143,893 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
Nashville, TN PURPOSE: TO PROVIDE FUNDING FOR VARIOUS MISSION RELATED PROGRAMS. | $5,559,643 |
ANONYMOUS PHILANTHROPY LLC PURPOSE: TO PROVIDE FUNDING FOR VARIOUS MISSION RELATED PROGRAMS. | $4,000,000 |
TERNBERRY COURT CONSULTING LLC PURPOSE: TO PROVIDE FUNDING FOR VARIOUS MISSION RELATED PROGRAMS. | $250,000 |
SILVER MAPLE MARKETING LLC PURPOSE: TO PROVIDE FUNDING FOR VARIOUS MISSION RELATED PROGRAMS. | $250,000 |
Oshkosh, WI PURPOSE: TO PROVIDE FUNDING FOR VARIOUS MISSION RELATED PROGRAMS. | $60,000 |
Boston, MA PURPOSE: TO PROVIDE FUNDING FOR VARIOUS MISSION RELATED PROGRAMS. | $12,125 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Philanthropic Impact Fund has recieved totaling $5,891,000.
| Awarding Organization | Amount |
|---|---|
Chuck And Ernestina Kreutzkamp Foundation Chula Vista, CA PURPOSE: SUPPORT INITIATIVE TO TRANSFORM THE AGRICULTURE SECTOR, INVESTING IN FEMALE SMALL HOLDER COFFEE FARMERS | $2,800,000 |
G Harbaugh Foundation Franklin, TN PURPOSE: TO SUPPORT PROGRAM | $2,185,000 |
Living Legacy Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $800,000 |
Start Something That Matters Foundation Jackson, WY PURPOSE: UNRESTRICTED DONATION FOR DONEE'S EXEMPT PURPOSE | $100,000 |
Rdl Charitable Tr Rancho Santa Margarita, CA PURPOSE: GENERAL SUPPORT | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Initiatives Oakland, CA | $48,904,163 | $57,867,676 |
Tipping Point Community San Francisco, CA | $69,097,467 | $55,633,961 |
Dagmar Dolby Fund Novato, CA | $39,191,926 | $8,168,589 |
California Health Foundation And Trust Sacramento, CA | $115,138,512 | $36,749,563 |
Tides Network San Francisco, CA | $10,557,656 | $32,745,578 |
Focusing Philanthropy Inc Santa Monica, CA | $5,232,649 | $21,857,695 |
St Baldricks Foundation Inc Monrovia, CA | $22,964,481 | $22,578,479 |
Skid Row Housing Trust Los Angeles, CA | $203,059,004 | $18,739,094 |
Groundswell Fund San Francisco, CA | $42,239,063 | $24,343,616 |
Americas Best Local Charities San Rafael, CA | $3,431,052 | $16,765,664 |
Bill Hannon Foundation Los Angeles, CA | $17,238,236 | $4,285,811 |
It Is Written Inc Riverside, CA | $12,378,597 | $15,533,924 |