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Massachusetts · Nonprofit

GK FUND INC

GK FUND INC (Massachusetts) receives grants from 6 organizations whose IRS filings report $135,000 to it, the largest being Boston Foundation Inc ($50,000). 0 of them have funded it in more than one year.

Revenue FY2025
$79k
Funders on record
6
Grants received
$135k
Net assets
$192k
0/6 repeat funderspeak grant-dependency 15%
01What it does

What Gk Fund Inc does

Mission

The organization's mission is to support the growth of minority and women owned or operated companies. The fund will serve as a vehicle for corporations and nonprofits to make social investments, create new initiatives, offer resources, engage in mentoring and take other measures.

As stated on its FY2025 Form 990.

Program

  1. The organization works to close the race and gender wealth gap by increasing access to capital, providing mentorship, free legal services and other resources to entrepreneurs from underrepresented groups, including but not limited to founders who identify as bipoc, women, lgbtqia, or veteran of the u.s. Armed forces.

    $70,184 spentof which $30,000 as grants
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $70,184.

02The organization over time

The organization over time

Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20212021 Revenue 100 ($75k) Expenses 0 ($0) Net assets 100 ($75k)2022 Revenue 90 ($68k) Expenses 100 ($91k) Net assets 212 ($159k)2023 Revenue 23 ($17k) Expenses 138 ($125k) Net assets 69 ($52k)2024 Revenue 358 ($269k) Expenses 85 ($77k) Net assets 324 ($243k)2025 Revenue 105 ($79k) Expenses 144 ($130k) Net assets 256 ($192k)
20212022202320242025
Revenue (105)Expenses (144)Net assets (256)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $52k to $243k (+371%).

$75k
$159k
$52k
$243k
$192k
20212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

100% of GK FUND INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (77% for the typical peer).

This organization
Typical peer · 10,230 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 5 reported years ran a deficit.

$75k
’21
−$23k
’22
−$108k
’23
$192k
’24
−$51k
’25
18
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

202120242025
Listed161712
Joined··+3
No longer listed··8
03Who funds it

Who funds it, year by year

2021 → 2022: the base held at 1 funder, grant income rose $5k → $10k.

1 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 37% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of GK FUND INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

GK FUND INC leans on a few funders — its largest provides 37% of grant income and the top three 81%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

48% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund GK FUND INC.

37%
largest funder
81%
top three
~3
effective funders

Largest funder’s share by year: 2021 100% · 2022 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of GK FUND INC's grant income comes from Massachusetts funders.

MA

In-state vs out-of-state, by year

’21
’22
Massachusetts out of state home

Funder states come from each funder’s own filing. $50k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

GK FUND INC is better cushioned than half of the 6,328 community improvement nonprofits its size.

Operating margin−65% · bottom quartile
Months of reserve17.7mo · above the median
Revenue growth (annualized)1% · above the median

this organization peer median middle 50% of peers· 6,328 community improvement nonprofits under $100k, FY2025

Government funding GK FUND INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $100k on record.

State$100k
Top programs
  • (PP) STATE AID/POL SUB$100k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like GK FUND INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Massachusetts

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

54% of spending goes to programs.

Program 54%Management 46%Fundraising 0%

Governance

11
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MA

Screen this organization

A dated, signed PDF of the compliance screen for GK FUND INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds GK FUND INC?
GK FUND INC (Massachusetts) receives grants from 6 organizations whose IRS filings report $135,000 to it, the largest being Boston Foundation Inc ($50,000). 0 of them have funded it in more than one year.
How many funders does GK FUND INC have?
IRS filings report 6 organizations giving $135,000 in grants to GK FUND INC.
Who is the largest funder of GK FUND INC?
Boston Foundation Inc is the largest funder on record, with $50,000 in grants. The full list of funders is on this page.
How can an organization like GK FUND INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2021–2025), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing