COMMONWEALTH IMPACT FOUNDATION INC

INDIANAPOLIS, IN, 46230-1076 (317) 472-2020 Est. 2020 EIN 85-0781875
S30— Community Improvement Form 990 501(c)(3)
commonwealthimpact.org

Mission

THE WORLD HAS NEVER EXPERIENCED SO MUCH PROSPERITY NOR FACED SO MANY MASSIVE CHALLENGES. COMMONWEALTH HARNESSES THE SAME ENTREPRENEURIAL TALENT THAT CREATES WEALTH TO CREATE MORE OPPORTUNITY FOR EVERYONE TO FLOURISH.

Giving Portfolio

Total Grants
9
Total Giving
$17.5M
Recipients
9
Years Active
2022 - 2024
Avg grant: $1,506,420 Median: $191,232

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20244$8.0M $2.0M22
20234$9.3M $2.3M31
20221$191K $191K10

Sectors Funded

Philanthropy & Grantmaking
3
Health Care
3
Religion-Related
1

Top States

Georgia
2
Florida
2
North Carolina
2
Michigan
1
Virginia
1
Indiana
1

Grantee Size Profile

$1M - $5M
5
$10M - $50M
1
Over $50M
1

Top Grantees

Grants Awarded · 8 grants

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Financials

Total Revenue
$6,109,705
Total Expenses
$8,661,815
Net Assets
$8,664,188
3 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
12.0 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 11.7%
Expenses ↓ 16.1%
Revenue Sources
Contributions 105.2% Investment 1.0%
Expense Breakdown
Program 97.1% Management 2.4% Fundraising 0.5%

Officers & Trustees (3)

We treat individual compensation with extra care. Named amounts are on Grow plans.

Filing History (3 filings)

YearRevenueExpensesNet Assets
2024 Form 990
Jan 1, 2024 to Dec 31, 2024
$6,109,705 $8,661,815$8,664,188
2023 Form 990
Jan 1, 2023 to Dec 31, 2023
$5,468,590 $10,321,129$10,765,642
2022 Form 990
Jan 1, 2022 to Dec 31, 2022
$11,685,333 $1,796,879$15,588,775

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EIN: 85-0781875 · Source: IRS Form 990 e-file data