nonprofit logo

Impact Austin Foundation

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

EIN: 562367666 ✦ Austin, TX ✦ Designated as a 501(c)(3)

Overview

What is Impact Austin Foundation?

Impact Austin Foundation is a nonprofit organization based in Austin, Texas. With a focus on collective giving, they fund high-impact grants to local nonprofits. Members contribute annually, and the foundation allocates grants based on two cycles per year. The grant amounts are determined by membership levels. Impact Austin not only provides financial support but also organizes educational events for its members. Their mission spans over two fiscal years, awarding eight grants annually, with each grant category receiving 80% of the funds allocated to it. The foundation's reach extends to various sectors, including equity, health and well-being, community, and education.


Official website here: www.impactaustin.org

Is Impact Austin Foundation legitimate?

Impact Austin Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Impact Austin Foundation 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: $108,587
Professional Fundraising Fees: $0
Other Salaries and Wages: $52,687

For more financial information, click here


Official website here: www.impactaustin.org

What is the mission statement of Impact Austin Foundation?

Impact Austin Foundation, through its collective giving model, provides high-impact grants to local nonprofits. The organization is primarily funded by its members and additionally organizes educational events for its members. Each fiscal year, Impact Austin awards a total of eight grants, split between two grant cycles. The grant amounts are determined based on membership levels and announced at the start of each grant cycle. The foundation focuses on various categories, including equity, health and well-being, community, and education, with each category receiving an 80/20 share between the two finalists.


Official website here: www.impactaustin.org

Who is the CEO of Impact Austin Foundation?

Jessica Forrest is the President of Impact Austin Foundation.


Official website here: www.impactaustin.org

What is the revenue of Impact Austin Foundation?

Impact Austin Foundation's revenue in 2023 was $546,433.


Official website here: www.impactaustin.org

Who are the executives of Impact Austin Foundation and what are their salaries?

The average compensation at Impact Austin Foundation during 2023 was $80,637. There are 2 employees and 250 volunteers at Impact Austin Foundation.

Here are 13 key members and their salaries:

    Nicole Genovese (Interim Executive Director)
  • Compensation: $93,326
  • Related: $0
  • Other: $0

    • Christina Gorczynski (Prior Executive Director)
  • Compensation: $58,151
  • Related: $0
  • Other: $0

    • Katherine Mudge (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jessica Forrest (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Allison Marsall (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Denise Shannon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tracy Nelson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Deanna Dehaven (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lillian Gray (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Simone Talma Flowers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ricki Wax (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Margaret Von Flatern (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Demetria Caston (New Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.impactaustin.org

    Where can I find the form 990 for Impact Austin Foundation?

    The Impact Austin Foundation’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.impactaustin.org

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

    Mission Statement of Impact Austin Foundation

    Impact Austin Foundation, an organization driven by its members, is committed to providing high-impact grants to local nonprofits. This is achieved through a collective giving model, which involves pooling annual donations of $1,250 from each member, with an additional $1,000 reserved for grant recipients and $250 supporting operational expenses. The foundation operates on a twice-yearly grant cycle, awarding four grants annually. Each grant category, Equity, Health & Well-being, Community, and Education, is split 80/20 between the two category finalists. This results in a total of eight grants awarded annually, with the grant amounts determined by membership levels. In addition to grant provision, Impact Austin Foundation also conducts member education events.

    Impact

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




    Wednesday, July 24, 2024

    Impact Austin Foundation's impact is evident through the provision of high-impact grants to local organizations in Austin, Texas. By utilizing a collective giving model funded by its members, the foundation awards program grants in various categories such as equity, health & well-being, community, and education. This support is crucial for strengthening the community and addressing important societal issues.





    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 2023.

  • Investment Income: $3,951
  • Program Service Revenue: $0
  • Gross Receipts: $546,433

    • Assets and Liabilities:
  • Total Assets: $674,931
  • Total Liabilities: $96,567
  • Net Assets: $578,364
  • Organization Details

    Founding Year

    2003

    Principal Officer

    Jessica Forrest

    Main Address

    PO BOX 28148, AUSTIN, TX, 78755

    NTEE Category

    Code: T30 - Philanthropy

    If you are a representative of Impact Austin Foundation 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.