Massachusetts · Public charity
Social Finance Inc
Social finance builds innovative partnerships and investments that realign systems to measurably improve lives.
- $1.8M
- Granted FY2024(still arriving)
- 3
- Itemized grants FY2024
- 4
- Organizations funded FY2023
- 75%
- First-time grantees FY2023
- Itemized, FY2024
- $1.1M
- The rest is grants the schedule does not break out
- Median grant, FY2024
- $417,600
- Largest grant, FY2024
- $692,486
- Organizations funded a year
- 1 to 13
- FY2017 to FY2023
- States reached, FY2024
- 2
- Total assets, FY2024
- $194M
How open it is to new grantees
In FY2023, 75% of the organizations Social Finance Inc funded were first-time grantees, receiving 95% of its grant dollars.
New vs renewed · share of each year
In FY2023, 5% of grant dollars renewed an existing relationship; $1.3M went to new ones.
Where new relationships form · theme of each grantee’s first grant
How this is measured
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2024still arriving | 3 | $1.1M | 67% |
| FY2023 | 4 | $1.4M | 75% |
| FY2021 | 13 | $1.2M | 100% |
| FY2019 | 2 | $565k | 100% |
| FY2018 | 4 | $126k | 100% |
| FY2017 | 1 | $110k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.
Where its grants go
Grant dollars by states, across the years we hold.
Which US states its grants reach
Top grantees
Largest recipients by total granted, FY2017 to FY2024, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| McKinleyville Community Collaborative | $930,000 | 1 | 30% |
| Tuscaloosa Research & Education Advancement Corporation | $692,486 | 1 | 64% |
| Merit America | $597,400 | 3 | 1% |
| Per Scholas Inc | $506,000 | 1 | 1% |
| Payor Alliance for Veterans Employment LLC | $450,000 | 1 | n/a |
| Inland Southern California United Way | $300,000 | 1 | 7% |
| Skill Growth | $190,000 | 1 | 2% |
| Jobs for the Future Inc | $114,881 | 1 | 0% |
| Central California Asthma Collaborative | $110,233 | 1 | 21% |
| iFoster Inc | $100,000 | 1 | 2% |
Show all 25 grantees
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| McKinleyville Community Collaborative | $930,000 | 1 | 30% |
| Tuscaloosa Research & Education Advancement Corporation | $692,486 | 1 | 64% |
| Merit America | $597,400 | 3 | 1% |
| Per Scholas Inc | $506,000 | 1 | 1% |
| Payor Alliance for Veterans Employment LLC | $450,000 | 1 | n/a |
| Inland Southern California United Way | $300,000 | 1 | 7% |
| Skill Growth | $190,000 | 1 | 2% |
| Jobs for the Future Inc | $114,881 | 1 | 0% |
| Central California Asthma Collaborative | $110,233 | 1 | 21% |
| iFoster Inc | $100,000 | 1 | 2% |
| Global Technology Industry Association Inc | $70,000 | 1 | 0% |
| Medcerts LLC | $67,000 | 1 | n/a |
| Climb Hire Inc | $59,000 | 1 | 1% |
| Propel America | $51,000 | 1 | 1% |
| University of Utah | $50,504 | 1 | n/a |
| Inner-City Computer Stars Foundation | $50,000 | 1 | 1% |
| Austin Career Institute | $34,000 | 1 | n/a |
| Wtia Workforce Institute | $34,000 | 1 | 0% |
| Unidosus | $32,691 | 1 | 0% |
| Mdrc | $25,102 | 1 | 0% |
| Research Foundation of the City University of New York | $25,012 | 1 | n/a |
| Lorain County Community College | $25,000 | 1 | n/a |
| Npower Inc | $17,750 | 1 | 0% |
| Gtia Investments Nfp Inc | $10,000 | 1 | 0% |
| Creating Coding Careers | $7,000 | 1 | 1% |
Where it is load-bearing
Social Finance Inc supplied at least a quarter of the budget for 2 of its grantees at some point. The chart plots its 19 largest grantees; load-bearing ones sit top left.
Tap a dot to name the grantee.
How this is measured
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.
Open a dossier: Skillup Coalition · Ascendium Education Solutions Inc · Workday Foundation · Fidelity Non-Profit Management Foundation · Tides Center · Tides Foundation · Silicon Valley Community Foundation · Gs Donor Advised Philanthropy Fund for Wealth Management Inc · Vanguard Charitable Endowment Program · National Philanthropic Trust · American Online Giving Foundation Inc · Fidelity Investments Charitable Gift Fund
How this is measured
About Social Finance Inc
- How much does Social Finance Inc give?
- Social Finance Inc reported 3 itemized grants totaling $1,142,777, out of $1,784,668 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 1 and 13 organizations a year over FY2017 to FY2023.
- What does Social Finance Inc fund?
- By grant dollars over FY2017 to FY2024, its largest causes are Employment (30%), Philanthropy (26%), Community Improvement (19%).
- Who are Social Finance Inc's largest grantees?
- By total granted over FY2017 to FY2024: McKinleyville Community Collaborative ($930k), Tuscaloosa Research & Education Advancement Corporation ($692k), Merit America ($597k).
- Does Social Finance Inc fund new organizations?
- In FY2023, 75% of the organizations it funded were first-time grantees.
- Which funders back the same organizations as Social Finance Inc?
- Its strongest co-funders, measured against what their size predicts, include Skillup Coalition, Ascendium Education Solutions Inc, Workday Foundation.
- Where is Social Finance Inc based?
- Social Finance Inc is based in MA.
Play a game based on Social Finance’s filings →