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Impactassetsinc
Impactassetsinc reported $680.3 million in revenue and $627.3 million in expenses for calendar year 2024. Of every $100 it spent, $96.61 went to program services, $3.02 to management and general costs and $0.37 to fundraising. Its largest source of revenue was contributions and grants: 88.1% of the total. The highest compensation it reported for one person was $502,035 (CEO & CIO). 34 people received more than $100,000 in reportable compensation. Revenue fell 7% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $627MFor context, the median across 1,001 covered philanthropy, voluntarism & grantmaking charities: $91.65 programs, $6.50 management, $1.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $680MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 96.6% | 90.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 3.0% | 6.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.4% | 1.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 88.1% | 79.9% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.4% | 0.0% |
| Highest reported compensation Part VII-A, columns D–F | $502,035 | $325,675 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.08% | 1.56% |
| People paid over $100,000 Part VII, line 2 | 34 | 3 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 56.6 | 56.6 |
| Independent voting board members Part VI 1a–1b | 1 of 6 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseImpactassets facilitates funding to entities, groups or projects that create positive impact by providing donors and investors with products, services, and advice, including but not limited to philanthropic giving, impact investing, education, and programming. Impactassets donor advised fund is a way for donors to maximize their impact through both grants and investments. The impactassets investment platform and client recommended investment service offer a wide range of investment opportunities spanning impact themes and investment vehicles, and are uniquely available to impactassets donor…
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CEO & CIO Officer, 20.00 hrs/week | $217,238 | $221,770 | $63,027 | $502,035 |
| CHIEF OPERATING OFFICER Highest compensated employee, 40.00 hrs/week | $392,307 | $0 | $59,203 | $451,510 |
| FOUNDER, ED, STRATEGIC PARTNER Highest compensated employee, 40.00 hrs/week | $370,247 | $0 | $27,839 | $398,086 |
| GENERAL COUNSEL Highest compensated employee, 40.00 hrs/week | $319,949 | $0 | $59,693 | $379,642 |
| MANAGING DIRECTOR, IMPACT Highest compensated employee, 40.00 hrs/week | $304,181 | $0 | $32,090 | $336,271 |
| TREASURER & MANAGING DIRECTOR, FINANCE Officer, 40.00 hrs/week | $249,970 | $0 | $42,285 | $292,255 |
| MANAGING DIRECTOR, BUSINESS DEVELOPMENT & CLIENT E Highest compensated employee, 40.00 hrs/week | $261,264 | $0 | $23,945 | $285,209 |
| CHAIR-ELECT Director/trustee, 1.00 hrs/week | $70,000 | $0 | $0 | $70,000 |
34 people received more than $100,000 in reportable compensation from Impactassetsinc (Part VII, line 2). Compensation of current officers, directors and key employees totaled $594K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b6 · 1 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aNo
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 554
- Volunteers Part I, line 61
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| ALIGN IMPACT LLC Philanthropic advisory services | $301,013 |
| RAISE FOR GOOD LLC Philanthropic advisory services | $290,000 |
| FAEGRE DRINKER BIDDLE & REATH LLP Legal services | $263,648 |
| IO904 LLC Philanthropic advisory services | $240,100 |
| STELLAR TECHNOLOGY SOLUTIONS LLC Technology services | $232,315 |
Individuals listed as contractors are left out. 13 contractors were paid more than $100,000 in all.
Private foundation grants it received
39 private foundations reported grants to Impactassetsinc totaling $122M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Impactassetsinc's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Impactassetsinc, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Impactassetsinc spent in 2024, $96.61 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Lettie Pate Evans FoundationAtlanta, GA · revenue $666M · programs 97.4% · 2025
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- Greater HorizonsKansas City, MO · revenue $754M · programs 96.2% · 2024
- George Kaiser Family FoundationTulsa, OK · revenue $550M · programs 63.7% · 2024
All philanthropy, voluntarism & grantmaking charities · Largest charities in Maryland
Questions people ask
How much of Impactassetsinc's spending goes to programs?
In calendar year 2024, Impactassetsinc reported that 96.6% of its $627.3 million in expenses went to program services, 3.0% to management and general and 0.4% to fundraising (Form 990, Part IX).
How much does Impactassetsinc pay its top executive?
The largest total compensation Impactassetsinc reported for one person in calendar year 2024 was $502,035, for the role of CEO & CIO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Impactassetsinc get its money?
Of $680.3 million in revenue in calendar year 2024, 88.1% came from contributions and grants and 0.4% from program service revenue (Form 990, Part VIII).
Is Impactassetsinc a registered charity?
The IRS lists EIN 26-2048480 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202543169349307999 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202443189349305024 · read the filing
- 2022: Form 990 for calendar year 2022, object 202333199349308098 · read the filing
- 2021: Form 990 for calendar year 2021, object 202243159349306794 · read the filing
- 2020: Form 990 for calendar year 2020, object 202133199349315428 · read the filing
- 2019: Form 990 for calendar year 2019, object 202043189349309734 · read the filing
All filings for EIN 26-2048480: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.