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Impact Investing Charitable Foundation Inc at a glanceMostly funded, not a grantmaker: see who funds it →

· Public charity

Impact Investing Charitable Foundation Inc

Investing charitable capital to create economic, social, and spiritual transformation

$169M
Granted FY2024still arriving
120
Grants FY2024still arriving
32
States reached
$151M
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead

Read this first · the figures below need context

94% of Impact Investing Charitable Foundation Inc’s FY2024 grant dollars went to Impact Investing Charitable Trust, not to grantees.

Its money now reaches organizations through that sponsor, which does not report who recommended each grant. FY2024 names 108 organizations directly, so a portfolio cannot be read from it.

Organizations named directly on the return

8
’17
8
’18
12
’19
31
’20
40
’21
11
’22
49
’23
108
’24

Amber years are those where most dollars went to a sponsor.

01What it funds
01100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Philanthropy$344MInternational$188MReligion$17MEducation$341kHuman Services$330kCrime & Legal$230kHealth$50kHousing & Shelter$45kOther$0
02FY2024 · 120 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2024

  • Under $10k4 grants · $33k
  • $10k–50k82 grants · $1.3M
  • $50k–250k21 grants · $1.7M
  • $250k+13 grants · $166M
$15,000
Median grant
32
States reached
$97M
Total assets
Largest grants
RecipientAmount
IMPACT INVESTING CHARITABLE TRUST$151,239,420
NATIONAL CHRISTIAN FOUNDATION$3,236,013
STRATEGIC RESOURCES GROUP$3,000,000
ELIM BAPTIST INSTITUTE$2,260,000
WORLD VISION$1,569,847
FAITH COMES BY HEARING$1,260,700
YELLOWSTONE CLUB COMMUNITY FOUNDATION$1,000,000
PATTERN OF EVIDENCE$600,000
PAIDEIA MISSIONS$400,000
INTERNATIONAL GENEROSITY FOUNDATION$337,381
REFORMATION CHURCH$318,500
MISSION HAITI$255,000
GIVECLEAR FOUNDATION$250,000
STATELINE CHURCH$165,000
GOLDMAN SACHS PHILANTHROPY FUND CO AYCO$150,000
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY17–24, $2.8M) land where the poverty rate runs at 11%, against an area that typically sits at 10%. 86% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 10%KIND KIDS EARLY LEARNING CENTER LLC: $10k → 11%GO MAD TODAY: $10k → 10%LIFE TURNING POINT PHILADELPHIA: $10k → 22%THE COMMUNITY HOSPICE FOUNDATION: $5k → 14%FORT BEND WOMEN'S CENTER: $10k → 8%OPPORTUNITIES FOR WILLIAMSON AND BURNET COUNTIES: $10k → 9%WAYFORWARD: $775k → 10%YIELDED MINISTRIES: $76k → 20%HELP 4 KIDS: $10k → 13%EOD WARRIOR FOUNDATION: $10k → 8%BIT-BY-BIT: $10k → 13%WOUNDED WARRIOR PROJECT: $10k → 14%THE CENTER FOR EXECUTIVE LEADERSHIP: $10k → 16%VAPOR MINISTRIES: $25k → 18%ZOES HOUSE: $25k → 5%ISAIAH 117 HOUSE: $20k → 15%MILAGROS FOUNDATION: $15k → 8%180 YOUR GRIEF INC DBA WIDOW STRONG: $15k → 8%COUNCIL ON DOMESTIC ABUSE INC: $10k → 19%LIFEWIRE: $10k → 9%CHRISTIAN LIFE MINISTRIES: $22k → 14%VILLAGE OF THE VALLEY: $10k → 11%THE CHILDRENS ROOM: $10k → 8%THE LOCK MINISTRY: $50k → 10%NEW STORY INC: $50k → 10%LIVING WATER INTERNATIONAL: $10k → 8%WAYFORWARD: $768k → 10%YIELDED MINISTRIES: $38k → 20%MERCY POINTE ADOPTION AGENCY INC: $15k → 5%CHRISTIAN LIFE MINISTRIES: $20k → 14%WAYFORWARD: $314k → 10%BIRTHDAY DREAMS: $10k → 9%HELPING HANDS: $10k → 9%MERCY POINTE ADOPTION AGENCY INC (ZOE HOUSE): $35k → 5%NEW STORY INC: $50k → 13%CALL TO FREEDOM: $50k → 9%LIFE HOUSE: $75k → 16%ZOE HOUSE MERCY POINT ADOPTIONS: $25k → 5%LIFE HOUSE: $35k → 16%MERCY POINTE ADOPTION AGENCY INC (ZOE HOUSE): $15k → 5%CALL TO FREEDOM: $50k → 9%NEW HAVEN MINISTRIES: $22k → 9%EAST RIVER FOSTER PARENT NETWORK: $25k → 9%NEW HAVEN MINISTRIES: $20k → 9%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.

Which US states its grants reach

ME
WA
MT
MN
IL
WI
MI
NY
MA
SD
IA
IN
OH
PA
NJ
RI
CA
UT
CO
NE
MO
KY
VA
MD
DE
AZ
NM
KS
TN
NC
SC
DC
MS
AL
GA
TX
FL
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

58%of every dollar goes to organizations it has funded before.
$15M · 50 repeat orgs$11M to everyone else

Grantees it renews have grown median revenue +26% since the first grant, against +6% for those funded once.

50 repeat relationships: 33 still active in FY2024, 17 since wound down; 75 grantees were first funded in FY2024 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

50
75

Total granted

$15M
$3.9M

Median revenue growth · since first grant

+26%
+6%

Still filing today

78%
71%

New vs renewed · share of each year

In FY2024, 36% of grant dollars renewed an existing relationship; $6.9M went to new ones.

50%100%’17’18’19’20’21’22’23’24
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’17’18’19’20’21’22’23’24
Human ServicesReligionInternationalEducationPhilanthropyHealthOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

  • H
    HOSANNA
    3× · 2022–2024 · $3.9M · revenue +68%
  • PO
    PATTERNS OF EVIDENCE FOUNDATION
    2× · 2020–2024 · $650k · revenue +254% · 28% of their budget
  • KC
    KANSAS CITY CHRISTIAN SCHOOL ASSOCIATION
    2× · 2017–2018 · $315k · revenue +63%

Funded once

  • WS
    WATERSTONE SUPPORTING ORGANIZATION TRUST 1
    one grant, 2022 · $650k · revenue -49%
  • LB
    LITTLETON BIBLE CHAPEL INC
    one grant, 2021 · $500k
  • CV
    CENTRAL VALLEY PRESBYTERIAN CHURCH
    one grant, 2022 · $408k
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Christian Mission for the United Nations Community

Christian Mission for the United Nations Community is a ministry aimed at leading the head of every nation and other top leaders to faith in Jesus Christ and helping them to walk in dependence upon God as they discharge the…

—
2
Christianity Today International

Christianity Today is a global community inspired by evangelical conviction to advance the stories and ideas of the kingdom of God. Our mission is to elevate the storytellers and sages of the global church.

Religion
3
Youth for Christ International Ministries

As part of the body of Christ, to see that every young person in every people group in every nation has the opportunity to make an informed decision to be a follower of Jesus Christ and become a part of the local church.

Religion
4
Serving Beyond Borders

Serving and pastoring overseas workers on their own turf and equipping nationals by training and empowering them in their work of advancing the gospel.

Human Services
5
Global Outreach International Inc

To get the good news to every nation this generation by showing and sharing god's love by providing opportunities and supporting christian missionaries in over fifty seven countries around the world.

International
6
What Matters Ministries and Missions

The organizations exempt purpose is to rescue orphans and widows, feed the poor, build the local church through ministry, crusades and outreaches and to win souls around the world.

Religion
7
Time of Grace Ministry

Time of grace is for people who want more growth and less struggle in their spiritual walk. we share the truth of god's word simply and clearly through television, print, and digital media that people view millions of times each month. we…

Religion
8
Jewish Voice Ministries Intl

To proclaim the gospel, grow the messianic jewish community and engage the church concerning israel and the jewish people. this is done through education, evangelism and being a movement leader, all with excellence in order to transform…

—
9
Christar International Inc

Christar international serves as a catalyst to the network of christar ministries by facilitating and encouraging partnerships with churches who sen dout men and women who proclaim the gospel for life-giving transformation in communitiesw…

Religion
10
Biglife International Inc

Biglife international inc. empowers believers worldwide to reach and disciple their own people for jesus christ.

Recreation & Sports
11
International Commission Inc

Equipping and enabling believers worldwide to conduct church-based evangelism projects to reach unbelievers and make disciples.

Religion
12
World Orphans

World orphans vision is to empower the church to care for orphans and vulnerable families. we equip, inspire, and mobilize the church to care for orphans and vulnerable children. churches engaged. children restored. communities transformed…

—
How this is measured
The grantee most central to the portfolio’s shape is Food for the Poor Inc; the most unlike its peers is Go Mad Today. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

171 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 171 of the 216 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

14
Load-bearing (≥25% of a budget)
23
Early backer (in before they grew)
166/171
Grantees still filing
95/171
Grew since first funded

Where the money sits, by cause and then by grantee

IMPACT INVESTING CHARITABLE TRUST: $480,166,292 · PhilanthropyIMPACT INVESTING CHARITABLE TRUSTNATL CHRISTIAN CHARITABLE FDN INC: $33,527,935 · PhilanthropyNATL CHRISTIAN CHARITABLE FDN INC+16 more: $4,881,579 · PhilanthropyHOSANNA: $3,890,700 · ReligionSTRATEGIC RESOURCE GROUP INC: $3,000,000 · ReligionServant Foundation: $1,709,822 · ReligionPATTERNS OF EVIDENCE FOUNDATION: $650,000 · ReligionJust 1 Word Inc: $440,546 · ReligionLIONHEART CHILDREN'S ACADEMY: $400,000 · Religion+24 more: $1,282,640 · ReligionELIM BIBLE COLLEGE: $2,260,000 · OtherREFORMATION CHURCH: $1,068,300 · OtherLITTLETON BIBLE CHAPEL INC: $500,000 · OtherCENTRAL VALLEY PRESBYTERIAN CHURCH: $408,000 · OtherSTATELINE PLANT NFP: $376,250 · OtherKANSAS CITY CHRISTIAN SCHOOL ASSOCIATION: $315,000 · OtherEMBRACE: $295,000 · Other+82 more: $3,018,379 · OtherFIDELITY INVESTMENTS CHARITABLE GIFT FUND: $2,657,696 · Community ImprovementWATERSTONE SUPPORTING ORGANIZATION TRUST 1: $650,000 · Community Improvement+1 more: $59,573 · Community ImprovementPAIDEIA MISSIONS: $2,500,000 · EducationSIOUX FALLS CHRISTIAN SCHOOLS ASSOCIATION: $194,000 · EducationUniversity of Chicago: $125,000 · Education+8 more: $235,661 · EducationWAYFORWARD: $1,857,072 · Human ServicesZOE'S HOUSE ADOPTION AGENCY INC: $115,000 · Human ServicesYIELDED MINISTRIES: $114,480 · Human ServicesLife House: $110,000 · Human ServicesCALL TO FREEDOM: $100,000 · Human ServicesNEW STORY INC: $100,000 · Human Services+28 more: $434,000 · Human ServicesWORLD VISION INC: $1,569,847 · InternationalALLEGRO ORGANIZATIONAL SOLUTIONS INC: $150,500 · InternationalEXILE INTERNATIONAL INC: $149,700 · InternationalEVERY VILLAGE: $140,000 · InternationalCOMPASSIONATE HOPE FOUNDATION: $89,835 · International+10 more: $250,661 · International
Philanthropy$518,575,806Religion$11,373,708Other$8,240,929Community Improvement$3,367,269Education$3,054,661Human Services$2,830,552International$2,350,543

Showing the 200 largest grantees by grant value.

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$100k$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetIMPACT INVESTING CHARITABLE TRUST: $480,166,292 over 8y, 95% of budgetNATL CHRISTIAN CHARITABLE FDN INC: $33,527,935 over 8y, 0.9% of budgetHOSANNA: $3,890,700 over 3y, 7.6% of budgetSTRATEGIC RESOURCE GROUP INC: $3,000,000 over 1y, 4.3% of budgetFIDELITY INVESTMENTS CHARITABLE GIFT FUND: $2,657,696 over 6y, 0.0% of budgetPAIDEIA MISSIONS: $2,500,000 over 2y, 78% of budgetWAYFORWARD: $1,857,072 over 3y, 53% of budgetServant Foundation: $1,709,822 over 5y, 0.1% of budgetWORLD VISION INC: $1,569,847 over 1y, 0.1% of budgetGivers Legacy Foundation Inc: $1,542,789 over 7y, 4.0% of budgetYELLOWSTONE CLUB COMMUNITY FOUNDATION: $1,000,000 over 1y, 11% of budgetDONOR ADVISED CHARITABLE GIVING INC: $837,216 over 6y, 0.0% of budgetPATTERNS OF EVIDENCE FOUNDATION: $650,000 over 2y, 28% of budgetWATERSTONE SUPPORTING ORGANIZATION TRUST 1: $650,000 over 1y, 0.5% of budgetTHE GLENDA G MORGAN CHARITABLE FOUNDATION INC: $475,000 over 2y, 17% of budgetJust 1 Word Inc: $440,546 over 2y, 99% of budgetLIONHEART CHILDREN'S ACADEMY: $400,000 over 1y, 2.3% of budgetGREATER HOUSTON COMMUNITY FOUNDATION: $355,871 over 3y, 0.1% of budgetKANSAS CITY CHRISTIAN SCHOOL ASSOCIATION: $315,000 over 2y, 4.9% of budgetMISSION HAITI: $315,000 over 2y, 12% of budgetGiveClear Foundation: $250,000 over 1y, 0.1% of budgetLIFE IN ABUNDANCE INTERNATIONAL: $200,000 over 1y, 6.5% of budgetJustice Defense Fund: $199,700 over 2y, 28% of budgetSIOUX FALLS CHRISTIAN SCHOOLS ASSOCIATION: $194,000 over 1y, 0.9% of budgetALLEGRO ORGANIZATIONAL SOLUTIONS INC: $150,500 over 3y, 0.3% of budgetTHE AYCO CHARITABLE FOUNDATION: $150,000 over 1y, 0.0% of budgetEXILE INTERNATIONAL INC: $149,700 over 5y, 6.8% of budgetCHURCH AND FAMILY LIFE: $145,000 over 3y, 11% of budgetEVERY VILLAGE: $140,000 over 2y, 7.2% of budgetAgape Freedom Fighters: $136,000 over 3y, 24% of budgetUniversity of Chicago: $125,000 over 1y, 0.0% of budgetThe Foundation United: $125,000 over 1y, 20% of budgetEQUIP Leadership Inc: $120,000 over 1y, 1.1% of budgetZOE'S HOUSE ADOPTION AGENCY INC: $115,000 over 5y, 11% of budgetYIELDED MINISTRIES: $114,480 over 2y, 64% of budgetLife House: $110,000 over 2y, 83% of budgetILLUMINATIONS FOUNDATION INC: $100,000 over 1y, 0.2% of budgetHOPEWELL FUND: $100,000 over 3y, 0.0% of budgetCALL TO FREEDOM: $100,000 over 2y, 2.0% of budgetNEW STORY INC: $100,000 over 2y, 0.5% of budgetWEST MICHIGAN KINGDOM COALITION: $90,000 over 2y, 35% of budgetCOMPASSIONATE HOPE FOUNDATION: $89,835 over 2y, 1.1% of budgetCHRISTIAN HOME EDUCATORS OF COLORADO: $84,000 over 1y, 2.6% of budgetYOUNG LIFE: $83,000 over 3y, 0.0% of budgetPrison Book Project Inc Seminary Covenant Community: $75,000 over 1y, 12% of budgetAlpha USA: $64,000 over 1y, 0.2% of budgetThe Network Group Inc: $60,000 over 2y, 1.8% of budgetCOMMONWEALTH IMPACT FOUNDATION INC: $59,573 over 2y, 0.9% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Servant FoundationKm FoundationInternational Generos…Christian Community F…The Signatry Charitab…The Bill & Ann Temple…Hugh and Charlotte Ma…GiveClear FoundationSioux Falls Area Comm…Christian Community F…Chattanooga Christian…Pinetops Foundation
Servant FoundationKS34.1× affinity44 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Servant Foundation · Km Foundation · International Generosity Foundation Trust · Christian Community Foundation Inc · The Signatry Charitable Trust · The Bill & Ann Templeton Foundation Inc · Hugh and Charlotte Maclellan Charitable Charitable Trust · GiveClear Foundation · Sioux Falls Area Community Foundation Inc · Christian Community Foundation of Memphis · Chattanooga Christian Community Foundation · Pinetops Foundation

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization Impact Investing Charitable Foundation Inc funds: left to right is the share of its income from government, bottom to top the share from Impact Investing Charitable Foundation Inc. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 220%6%25%56%100%funder's share of their income ↑0%23%45%68%90%share of the org’s income from government →median 0%
  • Kind Kids Inc: 3% of income from government
  • Love Inc of Mid Delmarva Inc: 1% of income from government
  • Wounded Warrior Project Inc: 0% of income from government
  • Food for the Poor Inc: 0% of income from government
  • Shriners Hospitals for Children: 0% of income from government
no gov moneyreceives it· size = income
22get no government money at all
13report government grants on their 990 we could not trace to a source (not plotted)
0rely on government for over half their income
⤢ axis zoomed · 0–90%
typical government reliance, FY20–25
How this is measured
Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 216 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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More from the funding graph

The unnamed billions
grants reported with no recipient in the public record
The regranting layer
51% of grant dollars land in the regranting layer
The DAF merry-go-round
$9.7B circulates between donor-advised funds
The endowment market
who holds foundation money, and what just moved
The camps
funders cluster by geography, not ideology
By state
where grant money is based, and what stays home