Impetus Foundation

Organization Overview

Impetus Foundation is located in San Antonio, TX. The organization was established in 2010. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Impetus Foundation 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, Impetus Foundation generated $85.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.2% each year . All expenses for the organization totaled $23.5m during the year ending 12/2021. While expenses have increased by 15.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Impetus Foundation has awarded 110 individual grants totaling $58,797,905. 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 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

N/A


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $52,000,000
Interest on Savings $2,060,545
Dividends & Interest $2,128,629
Net Rental Income$0
Net Gain on Sale of Assets $29,102,018
Capital Gain Net Income $29,102,018
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $85,291,192

Grants Awarded

Over the last fiscal year, Impetus Foundation has awarded $22,103,645 in support to 19 organizations.

Grant RecipientAmount

WORLD AFFAIRS COUNCIL OF AMERICA

Org PageRecipient Profile

Washington, DC

PURPOSE: GENERAL CHARITABLE PURPOSE

$10,025,000

UNIVERSITY OF TEXAS SAN ANTONIO

Org PageRecipient Profile

San Antonio, TX

PURPOSE: GENERAL CHARITABLE PURPOSE

$7,000,000

US FUND UNICEF

PURPOSE: GENERAL CHARITABLE PURPOSE

$1,100,000

SCHOOL YEAR ABROAD

Org PageRecipient Profile

North Andover, MA

PURPOSE: GENERAL CHARITABLE PURPOSE

$1,043,645

UNITED WAY OF SAN ANTONIO

PURPOSE: GENERAL CHARITABLE PURPOSE

$1,000,000

HAVEN FOR HOPE BEXAR COUNTY

Org PageRecipient Profile

San Antonio, TX

PURPOSE: GENERAL CHARITABLE PURPOSE

$500,000
View Grant Profile

Peer Organizations

Organization NameAssets
Burnett Foundation
Fort Worth, TX
$2,811,908
Jesus Fund
Little Rock, AR
$128,635,887
Rapier Family Foundation
San Antonio, TX
$1,321,420
Dan L Duncan Family Foundation
Houston, TX
$27,292,814
Fmh Foundation
Midland, TX
$148,706,487
Inasmuch Foundation
Oklahoma City, OK
$49,887,073
Ting Tsung And Wei Fong Chao Foundation
Houston, TX
$21,447,473
William K Warren Foundation
Tulsa, OK
$38,179,587
Impetus Foundation
San Antonio, TX
$85,291,192
Builders Initiative
Bentonville, AR
$530,265,880
Centerpoint Energy Foundation Inc
Houston, TX
$24,292,942
The Cullen Foundation
Houston, TX
$19,628,625

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