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Social Finance Inc at a glanceMostly funded, not a grantmaker: see who funds it →

· Public charity

Social Finance Inc

Social finance builds innovative partnerships and investments that realign systems to measurably improve lives.

$1.8M
Granted FY2024still arriving
3
Grants FY2024still arriving
2
States reached
$692k
Largest
01What it fundsRead
02The needRead
03Its fieldRead
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.

Employment$1.9MPhilanthropy$1.6MCommunity Improvement$1.1MHealth$803kHuman Services$632kEducation$50kScience & Tech$33k
02FY2024 · 3 grants

Where the money goes

Grants by size, and the largest recipients.

How this is measured
The 3 grants below total $1,142,777, the rows itemized in this filing. The $1,784,668 headline is the total grant expense on the return; the other $641,891 is giving the schedule does not break out (grants under the $5,000 itemization floor, grants to individuals, grants on other schedules). Every figure below describes the itemized rows only.

By grant size · FY2024

  • $10k–50k1 grant · $33k
  • $250k+2 grants · $1.1M
$417,600
Median grant
2
States reached
$194M
Total assets
Largest grants
RecipientAmount
TREAC$692,486
Merit America$417,600
Unidos$32,691
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, $647k) land where the poverty rate runs at 14%, against an area that typically sits at 11%. 92% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 11%TIDES CENTER: $50k → 10%Merit America: $418k → 14%Merit America: $115k → 14%MERIT AMERICA: $65k → 14%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

WA
IL
MI
NY
MA
OH
CA
UT
DC
AL
TX
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.
04

Where the work is directed

The same grants placed two ways: where each recipient sits, and where its stated purpose sends the money.

About 24% of Social Finance Inc’s grant dollars are earmarked for a different county than the recipient’s own address.

Social Finance Inclessmore of its giving
Placed by recipient address
How this is measured
Recipient view: each grant at its grantee’s ZIP, mapped to a county. Directed view: each grant at the county its stated purpose names, falling back to the recipient’s county when the purpose names no place; US grants only. A county shows only if it carries the top 95% of that view’s dollars. Purposes are read from the funder’s own 990 grant descriptions.
03Its 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
Upwardly Global

Upwardly global removes employment barriers for immigrant, refugee, and asylee professionals while advancing the inclusion of their skills into the u.s. economy.

Employment
2
Coop Careers Inc

Building a movement of diverse, upwardly mobile college grads overcoming underemployment through digital skills and peer connections.

Education
3
The Computing Research Association Inc

The specific purposes of the corporation include the following:a.) to consider and act on general problems regarding computer science and computer engineering research and graduate education;b.) to foster interaction between the university…

—
4
Code to Work Inc

An employer-led initiative aimed at transforming the hiring process. we use a skills-based approach to identify, train and hire talent. the traditional credentials-based focus must evolve to give all qualified job seekers a chance to prove…

—
5
The Common Application Inc

The common application is a not-for-profit membership organization of over 1,100 colleges and universities across the globe committed to access, equity, and integrity in the college admission process. every year, over 1.5 million students…

Education
6
AI4ALL

Ai4all's mission is to ensure that the next generation of ai leaders reflects humanity. ai4all is transforming the pipeline of ai practitioners who will shape ai for the benefit of humanity.

Youth Development
7
Institute for Defense Analyses

The institute for defense analyses is organized for the purpose of applied research. the institute for defense analyses provides independent and objective scientific and technological expertise to assist national security decision-makers…

Science & Tech
8
NextOp Inc

NextOp helps place talented enlisted service members and veterans into civilian careers through highly individualized preparation and an array of programming.

Public Benefit
9
Golden Gate University

Golden gate university prepares individuals to lead and serve by providing high quality, practice-based educational programs in law, taxation, business and related professions - as a nonprofit institution - in an innovative and challenging…

Education
10
National Committee for Quality Assurance

Our mission: to improve the quality of health care.our vision: better health care. better choices. better health.

Health
11
The Attainment Network

The attainment network builds networks that transform education-to-workforce systems, erase persistent and pervasive equity gaps, expand opportunities for learners, and meet the economic demands for a highly skilled and educated workforce.

Education
12
Activate Work Inc

We provide training, coaching, community supports and access to leading colorado employers enabling coloradans to acheive economic security, mobility and prosperity.

Human Services
How this is measured
The grantee most central to the portfolio’s shape is Propel America; the most unlike its peers is Npower Inc. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
05the grantee network

23 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. 23 of the 28 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.

2
Load-bearing (≥25% of a budget)
4
Early backer (in before they grew)
23/23
Grantees still filing
19/23
Grew since first funded

Where the money sits, by cause and then by grantee

Combined Jewish Philanthropies of Greater Boston Inc: $1,290,647 · PhilanthropyCombined Jewish Philanthropie…INLAND SOUTHERN CALIFORNIA UNITED WAY: $300,000 · PhilanthropyINLAND SOUTHERN CALIFORNIA UN…MCKINLEYVILLE COMMUNITY COLLABORATIVE: $930,000 · Community ImprovementMCKINLEYVILLE COMMUNI…FIDELITY INVESTMENTS CHARITABLE GIFT FUND: $212,504 · Community ImprovementFIDELITY INVESTMENTS …+1 more: $17,750 · Community ImprovementPER SCHOLAS INC: $506,000 · EmploymentPER SCHOLAS INCSkill Growth: $190,000 · EmploymentSkill GrowthJOBS FOR THE FUTURE INC: $114,881 · EmploymentJOBS FOR THE FUTUR…CLIMB HIRE INC: $59,000 · EmploymentCLIMB HIRE INCINNER-CITY COMPUTER STARS FOUNDATION: $50,000 · EmploymentWTIA WORKFORCE INSTITUTE: $34,000 · Employment+2 more: $32,102 · EmploymentTUSCALOOSA RESEARCH & EDUCATION ADVANCEMENT CORPORATION: $692,486 · HealthTUSCALOOSA RES…CENTRAL CALIFORNIA ASTHMA COLLABORATIVE: $110,233 · HealthCENTRAL CALIFO…MERIT AMERICA: $597,400 · Human ServicesMERIT AMERICAiFoster Inc: $100,000 · Human ServicesiFoster IncTIDES CENTER: $50,000 · Human ServicesTIDES CENTERPAYOR ALLIANCE FOR VETERANS EMPLOYMENT LLC: $450,000 · OtherPAYOR ALLIANC…GLOBAL TECHNOLOGY INDUSTRY ASSOCIATION INC: $70,000 · OtherGLOBAL TECHNO…MEDCERTS LLC: $67,000 · OtherMEDCERTS LLCUNIVERSITY OF UTAH: $50,504 · OtherUNIVERSITY OF…AUSTIN CAREER INSTITUTE: $34,000 · OtherUNIDOSUS: $32,691 · OtherLORAIN COUNTY COMMUNITY COLLEGE: $25,000 · Other+1 more: $10,000 · OtherPROPEL AMERICA: $51,000 · EducationResearch Foundation of the City University of New York: $25,012 · Education
Philanthropy$1,590,647Community Improvement$1,160,254Employment$985,983Health$802,719Human Services$747,400Other$739,195Education$76,012

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

25%50%75%100%$10M$100Mgrantee revenue →↑ funder's share of their budgetCombined Jewish Philanthropies of Greater Boston Inc: $1,290,647 over 1y, 0.6% of budgetMCKINLEYVILLE COMMUNITY COLLABORATIVE: $930,000 over 1y, 30% of budgetTUSCALOOSA RESEARCH & EDUCATION ADVANCEMENT CORPORATION: $692,486 over 1y, 64% of budgetMERIT AMERICA: $597,400 over 3y, 1.0% of budgetPER SCHOLAS INC: $506,000 over 1y, 1.1% of budgetINLAND SOUTHERN CALIFORNIA UNITED WAY: $300,000 over 1y, 7.0% of budgetFIDELITY INVESTMENTS CHARITABLE GIFT FUND: $212,504 over 2y, 0.0% of budgetSkill Growth: $190,000 over 1y, 2.5% of budgetJOBS FOR THE FUTURE INC: $114,881 over 1y, 0.3% of budgetCENTRAL CALIFORNIA ASTHMA COLLABORATIVE: $110,233 over 1y, 21% of budgetiFoster Inc: $100,000 over 1y, 2.5% of budgetGLOBAL TECHNOLOGY INDUSTRY ASSOCIATION INC: $70,000 over 1y, 0.1% of budgetCLIMB HIRE INC: $59,000 over 1y, 0.7% of budgetPROPEL AMERICA: $51,000 over 1y, 0.8% of budgetINNER-CITY COMPUTER STARS FOUNDATION: $50,000 over 1y, 1.2% of budgetTIDES CENTER: $50,000 over 1y, 0.0% of budgetWTIA WORKFORCE INSTITUTE: $34,000 over 1y, 0.3% of budgetUNIDOSUS: $32,691 over 1y, 0.0% of budgetMDRC: $25,102 over 1y, 0.0% of budgetNPOWER INC: $17,750 over 1y, 0.1% of budgetGTIA INVESTMENTS NFP INC: $10,000 over 1y, 0.3% of budgetCREATING CODING CAREERS: $7,000 over 1y, 0.5% 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.

Skillup CoalitionAscendium Education S…Workday FoundationFidelity Non-Profit M…Tides CenterTides FoundationSilicon Valley Commun…Gs Donor Advised Phil…Vanguard Charitable E…National Philanthropi…American Online Givin…Fidelity Investments …
Skillup CoalitionCA22.1× affinity8 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

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
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 Social Finance Inc funds: left to right is the share of its income from government, bottom to top the share from Social Finance Inc. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 30%5%19%42%75%funder's share of their income ↑0%25%50%75%100%share of the org’s income from government →median 11%
  • Jobs for the Future Inc: 11% of income from government
no gov moneyreceives it· size = income
3get no government money at all
6report government grants on their 990 we could not trace to a source (not plotted)
0rely on government for over half their income
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 28 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