Philanthropic Impact Fund: Nonprofit Profile, Financials & Form 990 (EIN 83-1905906)

Revenue by fiscal year
FY2020	$14.2M
FY2021	$3.3M

Expenses by fiscal year
FY2020	$8.2M
FY2021	$10.4M

Net assets by fiscal year
FY2020	$7.0M
FY2021	$0

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2021.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

98 cents of each dollar spent went to programs.

98%

Program services 98% · $10.1M Management & general 2% · $217K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

1 person listed on the 990.

Part VII, Section A · reportable compensation

Kent E Seton

Trustee

$0Pt VII · Sec A

See Philanthropic Impact Fund executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

Family or business ties among officersPt VI · Ln 2No
Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Sponsors charitable projects and manages donor-advised funds for public good.

Provided by the organization

Know this organization? Claim it to add your story

3 programs · $4.6M · in their own filed words · FY2021

01

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.

$4.5Mprogram expense

02

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.

$60Kprogram expense

03

Provided financial support to "mass impact", a non-profit organization focused on eductation and the promotion of community awareness and social issues.

$24Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid

Grants received · FY2024

G Harbaugh FoundationFY2024$42K

Total grants receivedfrom 1 funder$42K

Grants paid · 12 grants · $18.1M · 2020–2021

Philanthropic Impact FoundationTN · FY2021$5,559,643

Anonymous Philanthropy LLCFY2021$4,000,000

Silver Maple Marketing LLCFY2021$250,000

Ternberry Court Consulting LLCFY2021$250,000

Christine Ann Domestic Abuse Services INCWI · FY2021$60,000

The Greater Boston Food Bank INCMA · FY2021$12,125

About Fresh INCMA · FY2021$12,125

Anonymous Philanthropy LLCFY2020$6,952,702

Silver Maple Marketing LLCFY2020$450,000

Ternberry Court Consulting LLCFY2020$250,000

Individual RecipientFY2020$242,500

Global Wildlife ConservationTX · FY2020$25,000

By the numbers

The FY2021 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$3.3M

Ln 12

Gifts and grantsLn 1h$3.3M

Fees for servicesLn 2g$2K

Money outPt IX

$10.4M

Ln 25

Programscol B$10.1M

Managementcol C$217K

Owns and owesPt X

$0

net assets · Ln 32

Total assetsLn 16$0

LiabilitiesLn 26$0

PeoplePt VI, VII

1

listed · VII A

PaidVII A0

Voting boardVI 1a1

IndependentVI 1b1

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$3.3M

Fees for servicesLn 2g$2K

Total revenueLn 12$3.3M

Assets in detailPt X, end of year

CashLn 1$0

SavingsLn 2$0

InvestmentsLn 11–13$0

Land, buildings, equipmentLn 10c$0

Other assetsLn 15$0

Total assetsLn 16$0

LiabilitiesLn 26$0

Net assetsLn 32$0

OperationsPt I, VI

EmployeesI 51

VolunteersI 60

Fiscal year endsHeaderDecember

Conflict-of-interest policyVI 12aYes

Whistleblower policyVI 13Yes

Records policyVI 14Yes

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY21	End FY21
Cash and savingsLn 1–2	$7.0M	$0
InvestmentsLn 11–13		$0
Land, buildings, equipmentLn 10c		$0
Total assetsLn 16	$7.0M	$0
LiabilitiesLn 26	$0	$0
Net assetsLn 32	$7.0M	$0

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Grants to domestic organizationsLn 1	$10.1M	$10.1M
Other salaries and wagesLn 7	$16K		$16K
Payroll taxesLn 10	$2K		$2K
Legal feesLn 11b	$4K		$4K
Accounting feesLn 11c	$6K		$6K
Other fees for servicesLn 11g	$188K		$188K
InsuranceLn 23	$1K		$1K
Other expenses (24a–d)Ln 24	$84		$84
Total functional expensesLn 25	$10.4M	$10.1M	$217K	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2021 Latest Viewing	$3.3M	$10.4M	−$7.0M	$0	990 PDF
FY2020	$14.2M	$8.2M	$6.0M	$7.0M	990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

See the full FY2021 990 (6 parts)

Part I · Summary $3,313,525 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $14,158,593$3,311,500

I-9 Program service revenuePrior year $0$2,025

I-10 Investment incomePrior year $0$0

I-11 Other revenuePrior year $0$0

I-12 Total revenuePrior year $14,158,593$3,313,525

I-13 Grants and similar amounts paidPrior year $7,925,752$10,143,893

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $119,127$18,210

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $132,504$198,969

I-18 Total expensesPrior year $8,177,383$10,361,072

I-19 Revenue less expensesPrior year $5,981,210−$7,047,547

Part VI · Governance 1 of 1 board members independent, 1 to look at

VI-1a Voting members of the governing body1

VI-1b Independent voting members1

VI-15a Process for setting top official's payNo

VI-2 Family or business relationship among officers or directorsNo

VI-12a Written conflict of interest policyYes

VI-13 Written whistleblower policyYes

VI-14 Document retention and destruction policyYes

Part VIII · Statement of revenue $3,313,525 across 3 lines filed

Lines not itemized here account for $2,025 of total revenue; see the IRS return.

VIII-1f All other contributions, gifts and grants$3,311,500

VIII-1h Total contributions, gifts and grants$3,311,500

VIII-12 Total revenueRelated to mission $2,025 · Unrelated business $0 · Excluded from tax $0$3,313,525

Part IX · Statement of functional expenses $10,361,072 across 8 lines filed

IX-1 Grants to domestic organizationsPrograms $10,143,893$10,143,893

IX-7 Other salaries and wagesManagement $16,500$16,500

IX-10 Payroll taxesManagement $1,710$1,710

IX-11b Legal feesManagement $3,780$3,780

IX-11c Accounting feesManagement $5,650$5,650

IX-11g Other fees for servicesManagement $188,391$188,391

IX-23 InsuranceManagement $1,064$1,064

IX-24 Other expenses (24a–d)Management $84$84

IX-25 Total functional expensesPrograms $10,143,893 · Management $217,179 · Fundraising $0$10,361,072

Part X · Balance sheet $0 assets, 16 lines filed

X-1 Cash, non-interest-bearingStart of year $7,047,547$0

X-2 Savings and temporary cash investments$0

X-3 Pledges and grants receivable$0

X-4 Accounts receivable$0

X-8 Inventories for sale or use$0

X-9 Prepaid expenses and deferred charges$0

X-10c Land, buildings and equipment, net$0

X-11 Publicly traded securities$0

X-12 Other securities$0

X-13 Program-related investments$0

X-14 Intangible assets$0

X-15 Other assets$0

X-16 Total assetsStart of year $7,047,547$0

X-26 Total liabilitiesStart of year $0$0

X-32 Total net assets or fund balancesStart of year $7,047,547$0

X-33 Total liabilities and net assetsStart of year $7,047,547$0

Part XI · Reconciliation of net assets $0 net assets at year end

XI-1 Total revenue$3,313,525

XI-2 Total expenses$10,361,072

XI-3 Revenue less expenses−$7,047,547

XI-4 Net assets at start of year$7,047,547

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$0

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization