Episcopal Impact Fund
- Assets
- $6.6m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 6
- Location
- San Francisco, CA
- Founding
- 09/2000
- Data as of
- 12/2021
- EIN
- 94-3345498
Organization Overview
Episcopal Impact Fund is located in San Francisco, CA. The organization was established in 2000. According to its NTEE Classification (X12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Episcopal Impact Fund employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Episcopal Impact Fund 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, Episcopal Impact Fund generated $2.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.6% each year . All expenses for the organization totaled $904.0k during the year ending 12/2021. While expenses have increased by 7.5% 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 2014, Episcopal Impact Fund has awarded 148 individual grants totaling $1,558,283. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
A FAITH-BASED, GRANT-MAKING ORGANIZATION FOCUSED ON THE ROOT CAUSES OF POVERTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2021, EPISCOPAL IMPACT FUND CONTINUED TO GRANT AT HIGH LEVELS IN RESPONSE TO THE SECOND YEAR OF THE COVID EMERGENCY. GRANTS MADE TOTALED $ 819,026 TO ORGANIZATIONS SERVING APPROXIMATELY 100,000 PEOPLE LIVING IN POVERTY IN THE BAY AREA. OF THIS AMOUNT $ 456,250 WAS MADE IN CONJUNCTION WITH THE BROTHERTON FUND, OF WHICH EPISCOPAL IMPACT FUND IS THE MEMBER. EACH GRANTEE ORGANIZATION WAS FOCUSED ON SERVING PEOPLE LIVING IN POVERTY BY ADDRESSING ROOT CAUSES IN MEASURABLE AND SUSTAINABLE WAY. IN ADDITION TO GRANTS, EPISCOPAL IMPACT FUND PROVIDED TECHNICAL ASSISTANCE AND ADVICE TO GRANTEES AS WELL AS PERIODIC ROUNDTABLES TO FOSTER CONNECTIONS AND SHARE EXPERTISE.EACH GRANTEE ORGANIZATION WAS FOCUSED ON SERVING PEOPLE LIVING IN POVERTY BY ADDRESSING ROOT CAUSES IN MEASURABLE AND SUSTAINABLE WAY. IN ADDITION TO GRANTS, EPISCOPAL IMPACT FUND PROVIDED TECHNICAL ASSISTANCE AND ADVICE TO GRANTEES AS WELL AS QUARTERLY ROUNDTABLES TO DISCUSS ISSUES OF COMMON INTEREST.EPISCOPAL IMPACT FUND ALSO WORKED WITH INTERESTED CONGREGATIONS HELPING THEM TO ASSESS WHETHER THEIR UNDER-UTILIZED PROPERTY COULD BE USED TO ADDRESS THE HOUSING CRISIS IN THE BAY AREA AND HAS INITIATED THE DEVELOPMENT OF PROPERTY OWNED BY THE DIOCESE OF CALIFORNIA TO PROVIDE 150 UNITS OF AFFORDABLE HOUSING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen Piraino Executive Director | Officer | 40 | $172,529 |
The Rt Rev Marc Handley Andrus Board Chair | OfficerTrustee | 2 | $0 |
Jennifer Brooks President | OfficerTrustee | 2 | $0 |
The Rev Lindy Bunch Vice President | OfficerTrustee | 2 | $0 |
Cecille Caterson Secretary | OfficerTrustee | 2 | $0 |
John Hockin Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $467,044 |
| Related organizations | $0 |
| Government grants | $58,300 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,195,040 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,720,384 |
| Total Program Service Revenue | $0 |
| Investment income | $176,926 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $94,608 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,213,656 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $356,650 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $212,349 |
| Compensation of current officers, directors, key employees. | $42,470 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $168,587 |
| Pension plan accruals and contributions | $20,168 |
| Other employee benefits | $11,790 |
| Payroll taxes | $29,423 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $7,653 |
| Fees for services: Other | $31,883 |
| Advertising and promotion | $4,239 |
| Office expenses | $2,658 |
| Information technology | $2,561 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,237 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,903 |
| Insurance | $6,846 |
| All other expenses | $0 |
| Total functional expenses | $903,999 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,045,427 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $389,812 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $11,524 |
| Net Land, buildings, and equipment | $540 |
| Investments—publicly traded securities | $4,138,056 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,585,359 |
| Accounts payable and accrued expenses | $114,841 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $114,841 |
| Net assets without donor restrictions | $4,017,972 |
| Net assets with donor restrictions | $2,452,546 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,585,359 |
Grants Awarded
Over the last fiscal year, Episcopal Impact Fund has awarded $337,100 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
BOSS PURPOSE: GENERAL SUPPORT | $25,000 |
FIRST PLACE YOUTH PURPOSE: GENERAL SUPPORT | $25,000 |
HOME & HOPE PURPOSE: GENERAL SUPPORT | $22,500 |
HOPE SOLUTIONS PURPOSE: GENERAL SUPPORT | $22,500 |
YOUTH SPIRIT ARTWORKS PURPOSE: GENERAL SUPPORT | $22,500 |
FESCO PURPOSE: GENERAL SUPPORT | $22,500 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Episcopal Impact Fund has recieved totaling $166,278.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $65,614 |
Storm Castle Foundation Gallatin Gateway, MT PURPOSE: RELIGIOUS | $50,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $21,600 |
Bill And Susan Oberndorf Foundation San Francisco, CA PURPOSE: GENERAL CHARITY | $10,000 |
Hal And John Smith Fam Foundation Inc Chicago, IL PURPOSE: GENERAL | $7,000 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Religion | $7,000 |
Endowment Analysis
| Beg. Balance | $4,307,713 |
| Earnings | $445,885 |
| Admin Expense | $60,365 |
| Net Contributions | $1,039,812 |
| Grants | $105,084 |
| Ending Balance | $5,627,961 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Frank Lynch Tw-Closing Phoenix, AZ | $0 | $1,800,345 |
Missions Of Hope International Phoenix, AZ | $1,398,105 | $11,092,409 |
Foundation For Christianstewardship Irvine, CA | $2,166,053 | $1,632,635 |
Christian Foundation Of The West Inc Westlake Village, CA | $29,861,352 | $8,138,364 |
Shinnyo-En Foundation San Bruno, CA | $28,915,235 | $1,951,028 |
Libitzky Family Foundation San Francisco, CA | $16,385,031 | $1,879,741 |
Episcopal Impact Fund San Francisco, CA | $6,585,359 | $2,213,656 |
Joseph J Storey Charitable Remainder Unitrust Las Vegas, NV | $7,569,430 | $1,397,221 |
Spiritual Care Link Foundation Scottsdale, AZ | $356,325 | $815,410 |
Shedry Dar Foundation Mesa, AZ | $4,092,490 | $2,757,316 |
Global Assistance Partner La Habra, CA | $431,832 | $683,902 |
Catholic Womens Guild Hawaii Kailua, HI | $0 | $290,181 |