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The Impact Fund

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

EIN: 943161863 ✦ Berkeley, CA ✦ Designated as a 501(c)(3)

Overview

What is The Impact Fund?

The Impact Fund is a nonprofit organization situated in Berkeley, California. Its primary focus is to provide financial assistance through recoverable grants to legal professionals, small law firms, and nonprofit organizations engaged in impact litigation. These cases aim to safeguard the rights of marginalized groups, concentrating on civil rights, human rights, anti-poverty, and environmental justice issues. The Impact Fund mainly funds class actions and multi-plaintiff cases, but also supports environmental justice cases that have the potential to fundamentally transform a system or instigate significant law reform. In the 2021/22 fiscal year, The Impact Fund disbursed $385,635 in grant funding via 24 recoverable grants. Since its inception, it has committed around $8 million to various justice-related causes. In addition, The Impact Fund offers advocacy and educational support to public interest attorneys.


Official website here: www.impactfund.org

Is The Impact Fund legitimate?

The Impact Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. The 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: $301,315
Professional Fundraising Fees: $0
Other Salaries and Wages: $688,623

For more financial information, click here


Official website here: www.impactfund.org

What is the mission statement of The Impact Fund?

The Impact Fund's mission is to support communities seeking economic, environmental, racial, and social justice through impact litigation. They provide grants, advocacy, and education to public interest lawyers involved in class action lawsuits and multi-plaintiff cases in the areas of human and civil rights, elimination of discrimination, environmental justice, and relief of poverty. The organization offers technical support, advice, counseling, training, and representation to these lawyers. In the 2021/22 fiscal year, they disbursed a total of $385,635 in grant funding to 24 recoverable grants. Since its inception, The Impact Fund has committed around $8 million to various justice-related causes.


Official website here: www.impactfund.org

Who is the CEO of The Impact Fund?

Jocelyn Larkin is the Director Of Litigation And Training of The Impact Fund.


Official website here: www.impactfund.org

What is the revenue of The Impact Fund?

The Impact Fund's revenue in 2022 was $2,594,529.


Official website here: www.impactfund.org

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

The average compensation at The Impact Fund during 2022 was $61,871. There are 16 employees and 16 volunteers at The Impact Fund.

Here are 18 key members and their salaries:

    Lindsay Nako (Director Of Litigation And Training)
  • Compensation: $160,179
  • Related: $0
  • Other: $4,486

    • Edward Basham-Witherington (Deputy Dir.)
  • Compensation: $146,191
  • Related: $0
  • Other: $4,094

    • Jocelyn Larkin (Executive Dir.)
  • Compensation: $141,136
  • Related: $0
  • Other: $4,403

    • Amy Daniewicz (Grant Program Dir.)
  • Compensation: $111,800
  • Related: $0
  • Other: $2,395

    • Christian Schreiber (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cecilia Mansilla (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sarah Alexander (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laboni Hoq (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marco Simons (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Catherine Fisk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Helen H Kang (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew P Lee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Lopez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason C Marsili (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mario A Moya (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Schug (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dena Sharp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dara Schur (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.impactfund.org

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

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


    Official website here: www.impactfund.org

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

    Mission Statement of The Impact Fund

    The Impact Fund is a nonprofit organization dedicated to providing grants, advocacy, and education to support impact litigation. This mission is geared towards communities that are seeking economic, environmental, racial, and social justice. The organization's primary focus is on class action public interest litigation, offering financial assistance through recoverable grants to lawyers, small law firms, and nonprofit organizations involved in such cases. These cases typically aim to address issues of human and civil rights, elimination of discrimination, environmental justice, and the relief of poverty.

    The Impact Fund's mission extends beyond just providing financial assistance. It also offers technical support, advice, counseling, training, and representation to public interest lawyers. This holistic approach ensures that these legal professionals are equipped with the necessary resources to effectively advocate for the marginalized groups they serve. The organization's grant funding is not limited to class actions. It also supports multi-plaintiff and environmental justice cases that aim to significantly affect a larger system or lead to significant law reform.

    In the 2021/22 fiscal year, The Impact Fund disbursed a total of $385,635 in grant funding via 24 recoverable grants. Since its inception, the organization has committed around $8 million to various justice-related causes. This commitment to social and economic justice, coupled with its provision of financial and technical support to public interest lawyers, makes The Impact Fund a vital player in advocating for marginalized communities through impact litigation.

    Impact

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




    Sunday, July 21, 2024

    The Impact Fund provides critical support through grants, advocacy, and education to facilitate impact litigation on behalf of marginalized communities striving for economic, environmental, racial, and social justice. This non-profit organization disperses recoverable grants to attorneys, small law firms, and non-profit organizations engaged in civil rights, human rights, anti-poverty, and environmental justice cases that have the potential to effect meaningful change for disadvantaged groups. Since its inception, The Impact Fund has committed approximately $8 million to various justice-related causes, underscoring its dedication to advancing systemic reform and empowering those in need.





    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: $35,576
  • Program Service Revenue: $591,114
  • Gross Receipts: $2,640,388

    • Assets and Liabilities:
  • Total Assets: $2,672,702
  • Total Liabilities: $325,507
  • Net Assets: $2,347,195
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Attorneys Fees and Costs

    Revenue

    $70,000

    Reimbursable Grants

    Revenue

    $326,512

    Seminars and Education

    Revenue

    $194,602

    Organization Details

    Founding Year

    1992

    Principal Officer

    Jocelyn Larkin

    Main Address

    2080 Addison Street 5, Berkeley, CA, 94704

    NTEE Category

    Code: Z99Z - Unknown

    If you are a representative of The 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.