nonprofit logo

The New Impact Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 465187324 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

Overview

What is The New Impact Fund?

The New Impact Fund is a small-scale nonprofit organization situated in Minneapolis, Minnesota. With only one employee, their primary objective is to educate individuals to collectively engage in high-impact philanthropy. By providing necessary knowledge and resources, they aim to empower individuals to make significant contributions to various social causes and initiatives. The New Impact Fund operates with the belief that collective efforts in philanthropy can yield substantial positive impacts in their respective communities.


Official website here: www.newimpactfund.org

Is The New Impact Fund legitimate?

The New Impact Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. The New Impact Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,147

For more financial information, click here


Official website here: www.newimpactfund.org

What is the mission statement of The New Impact Fund?

The New Impact Fund's mission is centered around providing education to individuals, encouraging them to collectively engage in high impact philanthropy. By offering educational resources, the organization aims to facilitate collaborative efforts in charitable giving, ultimately aiming to make a significant positive impact in various communities.


Official website here: www.newimpactfund.org

Who is the CEO of The New Impact Fund?

Alicia R Phillips is the Secretary of The New Impact Fund.


Official website here: www.newimpactfund.org

What is the revenue of The New Impact Fund?

The New Impact Fund's revenue in 2022 was $696,250.


Official website here: www.newimpactfund.org

Who are the executives of The New Impact Fund and what are their salaries?

The average compensation at The New Impact Fund during 2022 was $7,147. There are 1 employees at The New Impact Fund.

Here are 4 key members and their salaries:

    Alex Dashe (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alicia R Phillips (Executive Di) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Shank (Trustee/Dire)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tj Ticey (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.newimpactfund.org

    Where can I find the form 990 for The New Impact Fund?

    The The New Impact Fund’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.newimpactfund.org

    Learn more at the official website: www.newimpactfund.org

    Mission Statement of The New Impact Fund

    The New Impact Fund is committed to providing education to individuals, encouraging them to collaboratively engage in high-impact philanthropy. Their mission is centered around this goal, aiming to equip individuals with the necessary knowledge and resources to collectively make a significant impact in philanthropic endeavors. By educating individuals, The New Impact Fund seeks to foster a community of philanthropists who can work together to bring about meaningful change.

    Impact

    This information is meant to be a general summary of The New Impact Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    The New Impact Fund is empowering individuals to make a significant impact through philanthropy by providing education and guidance on high-impact strategies. Through their efforts in Minneapolis, MN, they are equipping individuals with the knowledge and resources to engage in philanthropic endeavors that create meaningful change in their communities and beyond.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $0
  • Gross Receipts: $696,250

    • Assets and Liabilities:
  • Total Assets: $504,799
  • Total Liabilities: $3,256
  • Net Assets: $501,543
  • Organization Details

    Founding Year

    2014

    Principal Officer

    Alicia R Phillips

    Main Address

    4816 NICOLLET AVENUE S, MINNEAPOLIS, MN, 55419

    NTEE Category

    Code: T50 - Philanthropy

    If you are a representative of The New Impact Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.