Capital Impact Foundation
- Assets
- $2.4m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 0
- Location
- Palo Alto, CA
- Founding
- 09/2010
- Data as of
- 12/2022
- EIN
- 27-1817842
Organization Overview
Capital Impact Foundation is located in Palo Alto, CA. The organization was established in 2010. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Capital Impact 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 12/2022, Capital Impact Foundation generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.8% each year . All expenses for the organization totaled $1.3m during the year ending 12/2022. While expenses have increased by 13.0% 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, Capital Impact Foundation has awarded 229 individual grants totaling $6,266,425. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kurt A Krieger Director And Secretary | 0 | $0 | |
Leslie M Brown Jr Director | 0 | $0 | |
Richard F Lawson Director And President | 0 | $0 | |
J Steven Young Director | 0 | $0 | |
Lance R Taylor Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,879,914 |
| Interest on Savings | $84 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,879,998 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $57 |
| Total operating and administrative expenses | $57 |
| Contributions, gifts, grants paid | $1,311,004 |
| Total expenses and disbursements | $1,311,061 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $413,283 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $2,024,885 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,438,168 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $252,350 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $252,350 |
Grants Awarded
Over the last fiscal year, Capital Impact Foundation has awarded $1,311,004 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
FOREVER YOUNG FOUNDATION PURPOSE: SUPPORT FOR FOREVER YOUNG FOUNDATION, WHICH FOCUSES ON PASSING HOPE AND RESOURCES FOR THE DEVELOPMENT, STRENGTH, AND EDUCATION OF CHILDREN. | $494,290 |
AIRLINK INC PURPOSE: DONATION TO SUPPORT AIRLINK INC TO EMPOWER TRANSPORTATION FOR RELIEF WORKERS AND HUMANITARIAN AID CARGO FOLLOWING DISASTERS. | $3,000 |
FOSTER CITY YOUTH SOFTBALL ASSOCIATION PURPOSE: DONATION TO SUPPORT FOSTER CITY YOUTH SOFTBALL ASSOCIATION WHICH TEACHES THE FUNDAMENTALS OF SOFTBALL IN A FUN AND POSITIVE ENVIRONMENT. | $3,000 |
RIGHT TO PLAY USA PURPOSE: SUPPORT FOR RIGHT TO PLAY, WHICH USES SPORTS AND PLAY TO EDUCATE AND EMPOWER CHILDREN AND YOUTH TO OVERCOME THE EFFECTS OF POVERTY, CONFLICT, AND DISEASE IN DISADVANTAGED COMMUNITIES. | $56,000 |
SPONSORS FOR EDUCATIONAL OPPORTUNITY INC PURPOSE: SUPPORT FOR SEO, WHICH STRIVES TO CREATE A MORE EQUITABLE SOCIETY BY CLOSING THE ACADEMIC AND CAREER OPPORTUNITY GAP FOR MOTIVATED YOUNG PEOPLE FROM UNDERSERVED AND/OR UNDERREPRESENTED COMMUNITIES. | $75,000 |
JEANETTE RANKIN FOUNDATION PURPOSE: DONATION TO SUPPORT JEANETTE RANKIN FOUNDATION WHO EMPOWERS WOMEN AGE 35 AND OLDER TO COMPLETE THEIR COLLEGE DEGREES AND TRANSFORM THE NEXT CHAPTER OF THEIR LIVES. | $500 |