EIN 88-2408684

Co-Impact Philanthropic Funds

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2022
Most recent tax filings
2022-12-01
NTEE code, primary
Description
Co-Impact Philanthropic Funds collaborates with philanthropists, foundations, and private sector partners from around the world with the mission of improving lives through just and inclusive systems change. Founded in 2017 as a global initiative, Co-Impact aims to positively impact millions of people worldwide.
Total revenues
$75,000,000
2022
Total expenses
$45,957,649
2022
Total assets
$31,800,505
2022
Num. employees
0
2022

Program areas at Co-Impact Philanthropic Funds

Our foundational fund is focused on supporting organizations to achieve just and inclusive systems change through people-level and system-level outcomes in the sectors of health, education, and economic opportunity. Through this fund, we award long-term flexible grants to organizations across africa, asia, and latin america; our grant recipients are working with powerful coalitions to effect change in such areas as early childhood development, girls' education, literacy, and nutrition. In addition to providing grant funding, Co-Impact also provides non-grant support to the organizations we are funding, including supporting organizational strengthening efforts.
Our gender fund is focused on transformative systems change, achieving people-level and system-level outcomes, with an emphasis on elevating women's power, agency and leadership at all levels, and on advancing women's leadership in the domains of law and economics. Through this fund, we award grants along with non-grant support to organizations across africa, asia, and latin america; our grant recipients are working to effect change in such areas as advocacy for women day laborers, women's leadership in agriculture-water governance, campus safety for women, health systems, access to reproductive health care, and reducing sexual harassment, and to conduct research in areas such as violence against women and women's leadership in stem education. (see schedule o) in addition to providing grant funding, Co-Impact also provides non-grant support to the organizations we are funding, including supporting organizational strengthening efforts.form 990, part v, line 2a:co-impact Philanthropic Funds, Inc. reports no employees on in its initial form 990 as the organization did not have its payroll set-up in calendar year 2022 (and the question asks about the number of employees reported on a form w-3 filed with the irs). See part vi, line 15 narrative in schedule o for more information.

Grants made by Co-Impact Philanthropic Funds

GranteeGrant descriptionAmount
Jan Sahas USASee Part Iv$3,000,000
PlanetReadSee Part Iv$1,287,880
Lwala Community AllianceSee Part Iv$500,000
...and 3 more grants made

Who funds Co-Impact Philanthropic Funds

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
New Venture FundInternational Development and Foreign Affairs$60,000,000
Vijay and Marie Goradia Charitable FoundationTo Further the Exempt Purpose of the Organization$250,000

Personnel at Co-Impact Philanthropic Funds

NameTitleCompensation
Devon ProvidesOperational and Administrative Support To the Chief Executive Officer and Other Senior Members of the Co - Impact Team in Europe.
Mitali SupportsChief Executive Officer
Olivia LelandBoard Member
Pam FosterChief Operating Officer United States
Pamela FosterChief Operating Officer and Secretary and Treasurer$299,340
...and 21 more key personnel

Financials for Co-Impact Philanthropic Funds

RevenuesFYE 12/2022
Total grants, contributions, etc.$75,000,000
Program services$0
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$75,000,000

Form 990s for Co-Impact Philanthropic Funds

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-08990View PDF
Data update history
January 4, 2024
Updated personnel
Identified 17 new personnel
January 1, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 1, 2024
Updated personnel
Identified 15 new personnel
December 25, 2023
Used new vendors
Identified 1 new vendor, including
December 24, 2023
Received grants
Identified 1 new grant, including a grant for $250,000 from Vijay and Marie Goradia Charitable Foundation
Nonprofit Types
Grantmaking organizationsCharities
Issues
No issues found
Characteristics
Provides grantsOperates internationallyNational levelTax deductible donationsNo full-time employees
General information
Address
Co TCLF 5 Commerce Rd Unit 3051
Newtown, CT 06470
Metro area
Bridgeport-Stamford-Norwalk, CT
Website URL
co-impact.org/ 
Phone
(919) 792-8940
IRS details
EIN
88-2408684
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2022
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T30: Public Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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