Inclusive Capital Partners Foundation
- Assets
- $6.3m
- Revenue
- -$8.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- Data as of
- 12/2022
- EIN
- 85-1943035
Organization Overview
Inclusive Capital Partners Foundation is located in Wilmington, DE. 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. Inclusive Capital Partners Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2021, Inclusive Capital Partners Foundation has awarded 11 individual grants totaling $4,625,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynn DE Rothschild Dir, Sec, Treas | 1 | $0 | |
Solomon Dorsey Dir | 1 | $0 | |
George F Hamel Jr Dir, Pres | 1 | $0 | |
Mychal Harrison Dir | 1 | $0 | |
Asif Rahman Dir | 1 | $0 | |
Lee Seward Dir, Pres, CEO | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $50,000 |
| Interest on Savings | $13,231 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$8,122,118 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$8,058,887 |
| 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 | $10,528 |
| Total operating and administrative expenses | $10,528 |
| Contributions, gifts, grants paid | $4,275,000 |
| Total expenses and disbursements | $4,285,528 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,279,999 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $4,000,000 |
| 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 | $6,279,999 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Inclusive Capital Partners Foundation has awarded $4,275,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
COUNCIL FOR INCLUSIVE CAPITALISM INC PURPOSE: COALITION FOR INCLUSIVE CAPITALISM | $250,000 |
FCLT CO PURPOSE: GENERAL & UNRESTRICTED | $75,000 |
FOODCORPS INC PURPOSE: GENERAL & UNRESTRICTED | $1,000,000 |
JEREMIAH PROGRAM PURPOSE: GENERAL & UNRESTRICTED | $300,000 |
NATIONAL GEOGRAPHIC SOCIETY PURPOSE: PRISTINE SEAS FUND | $1,666,667 |
NEXT STEP NETWORK INC PURPOSE: GENERAL & UNRESTRICTED | $100,000 |