Home › Philanthropy, voluntarism & grantmaking
Co-Impact Philanthropic Funds
Co-Impact Philanthropic Funds reported $41.3 million in revenue and $84.9 million in expenses for calendar year 2024. Of every $100 it spent, $91.73 went to program services, $7.90 to management and general costs and $0.37 to fundraising. Its largest source of revenue was contributions and grants: 78.3% of the total. The highest compensation it reported for one person was $589,262 (CEO & BOARD MEMBER (NON-VOTING)). 27 people received more than $100,000 in reportable compensation. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $85MFor 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 $41MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 91.7% | 90.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 7.9% | 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 | $0.01 | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 78.3% | 79.9% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.2% | 0.0% |
| Highest reported compensation Part VII-A, columns D–F | $589,262 | $325,675 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.69% | 1.56% |
| People paid over $100,000 Part VII, line 2 | 27 | 3 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 37.0 | 56.6 |
| Independent voting board members Part VI 1a–1b | 11 of 11 | 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 expenseOur foundational fund, which pools funding from a globally diverse group of funding partners, is focused on supporting organizations to achieve people-level and systems-level outcomes in the sectors of health, education, and economic opportunity. Through this fund, we award long-term, flexible grants to organizations across africa, asia, and latin america that are working with powerful coalitions, often including local and national government actors, to effect large-scale change; we awarded two grants in 2024 and are supporting over 20 initiatives overall. In addition to providing grant…
Our gender fund, which pools funding from a globally diverse group of funding partners, is focused on transformative systems change, achieving people-level and systems-level outcomes, with an emphasis on elevating women's power, agency, and leadership at all levels. Through this fund, we award flexible grants to organizations across africa, asia, and latin america; we awarded 34 grants in 2024 and are supporting over 100 initiatives overall. Our grant recipients are working with powerful coalitions to effect change in such areas as early childhood development, social-emotional learning, care…
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 & BOARD MEMBER (NON-VOTING) Director/trustee, officer, 40.00 hrs/week | $536,673 | $0 | $52,589 | $589,262 |
| CHIEF OPERATING OFFICER/SECRETARY Officer, 40.00 hrs/week | $422,898 | $0 | $66,905 | $489,803 |
| DIRECTOR, PHILANTHROPIC COLLAB. Highest compensated employee, 40.00 hrs/week | $311,390 | $0 | $40,170 | $351,560 |
| DIR., LEARNING, MEAS. & EVAL. Highest compensated employee, 40.00 hrs/week | $245,414 | $0 | $59,143 | $304,557 |
| US LEAD, PHILANTHROPIC COLLABORATION Highest compensated employee, 40.00 hrs/week | $248,616 | $0 | $42,764 | $291,380 |
| DIRECTOR, PROGRAMS Highest compensated employee, 40.00 hrs/week | $223,368 | $0 | $39,764 | $263,132 |
| CHIEF FINANCIAL OFFICER/TREASURER Officer, 40.00 hrs/week | $205,741 | $0 | $48,318 | $254,059 |
| REGIONAL DIRECTOR, ASIA Highest compensated employee, 40.00 hrs/week | $216,955 | $0 | $25,522 | $242,477 |
27 people received more than $100,000 in reportable compensation from Co-Impact Philanthropic Funds (Part VII, line 2). Compensation of current officers, directors and key employees totaled $3.2M (Part IX, line 5).
3 filings since FY2022 (9 mo.)
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–1b11 · 11 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 11aYes
- 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 546
- Volunteers Part I, line 611
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| TALA STRATEGIES BV Advisory and facilitation services | $382,642 |
| THE CAMPBELL LAW FIRM Legal services | $351,400 |
| VENTUCOM LLC It services | $170,808 |
| GISLAINE NGUEMMOE NGOUNOU Consulting services | $136,950 |
Individuals listed as contractors are left out. 4 contractors were paid more than $100,000 in all.
Private foundation grants it received
4 private foundations reported grants to Co-Impact Philanthropic Funds totaling $42M 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 Co-Impact Philanthropic Funds's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Co-Impact Philanthropic Funds, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Co-Impact Philanthropic Funds spent in 2024, $91.73 went to programs. The full breakdown, from its IRS Form 990:
Embed on your site
Similar-sized charities in this cause
- CandidNew York, NY · revenue $41M · programs 75.7% · 2025
- United Way Of Massachusetts BayBoston, MA · revenue $41M · programs 87.2% · FY2025
- Community Trust of UtahSalt Lake City, UT · revenue $41M · programs 95.4% · 2024
- Global Charitable FundChicago, IL · revenue $42M · programs 100.0% · 2025
- Jewish Federation of Northern New JerseyParamus, NJ · revenue $41M · programs 81.5% · FY2025
All philanthropy, voluntarism & grantmaking charities · Largest charities in New York
Questions people ask
How much of Co-Impact Philanthropic Funds's spending goes to programs?
In calendar year 2024, Co-Impact Philanthropic Funds reported that 91.7% of its $84.9 million in expenses went to program services, 7.9% to management and general and 0.4% to fundraising (Form 990, Part IX).
How much does Co-Impact Philanthropic Funds pay its top executive?
The largest total compensation Co-Impact Philanthropic Funds reported for one person in calendar year 2024 was $589,262, for the role of CEO & BOARD MEMBER (NON-VOTING) (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Co-Impact Philanthropic Funds get its money?
Of $41.3 million in revenue in calendar year 2024, 78.3% came from contributions and grants and 0.2% from program service revenue (Form 990, Part VIII).
Is Co-Impact Philanthropic Funds a registered charity?
The IRS lists EIN 88-2408684 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 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 202503019349301525 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202443099349300524 · read the filing
- FY2022 (9 mo.): Form 990 for the 9-month short period ending December 31, 2022, object 202343129349300849 · read the filing
All filings for EIN 88-2408684: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.