Tennessee · Nonprofit
PHILANTHROPIC IMPACT FOUNDATION
PHILANTHROPIC IMPACT FOUNDATION (Tennessee) receives grants from 14 organizations whose IRS filings report $65,562,647 to it, the largest being LIVING LEGACY FOUNDATION ($20,597,000). 5 of them have funded it in more than one year.
- Revenue FY2024
- $18M
- Funders on record
- 14
- Grants received
- $66M
- Net assets
- $0
What Philanthropic Impact Foundation does
Mission
Philanthropic Impact Foundation is a 501(c)(3) charitable organization that provides a legal structure under which charitable programs may operate, acting as fiscal sponsor.
As stated on its FY2025 Form 990-EZ.
Programs
The skilled trades initiative's goal is to bring an upswell of teens and young adults into skilled trade careers. In conjunction with 'skills usa and through two principal programs: the 'skills jam' episodic series and the 'skilled careers coalition', the skilled trades initiative is exposing teenagers, parents and school guidance counselors to the opportunities and benefits of careers in a skilled trade.
$4,781,290 spentof which $4,781,290 as grants18% of program spendingSecond chance hiring initiative (aka talent nova) is about equipping justice-impacted talent with the tools, training, and confidence they need to succeed in the modern workforce, and educating and supporting employers that hire justice-impacted talent in order to advance talent nova's charitable mission. The talent nova platform was born of the belief that all people deserve equitable access to the careers they're qualified for regardless of their record.
$3,963,051 spentof which $3,963,051 as grants15% of program spendingThe empower campaign exists to support women and youth, to build their confidence, build their character, equip them with skills, strengthen them with knowledge, and help them become the best possible versions of themselves.
$3,074,900 spentof which $3,074,900 as grants12% of program spendingIn addition to the three program service accomplishments reported on this form 990's part iii, the organization provided grants to 12 other charitiable initiatives in 2024 in its role as a fiscal sponsor.
$14,219,354 spentof which $14,219,354 as grants55% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $26,038,595.
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.
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 $9.2M to $9k (−100%).
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.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 4 reported years ran a deficit.
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.
Who funds it, year by year
2021 → 2023: the base narrowed from 12 funders to 5 funders, grant income rose $14M → $18M.
4 of 14 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 41% 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 PHILANTHROPIC IMPACT FOUNDATION’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
PHILANTHROPIC IMPACT FOUNDATION leans on a few funders — its largest provides 31% of grant income and the top three 74%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
49% 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 PHILANTHROPIC IMPACT FOUNDATION.
Largest funder’s share by year: 2021 40% · 2022 36% · 2023 45% — growing more concentrated.
“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
54% of PHILANTHROPIC IMPACT FOUNDATION's grant income comes from Tennessee funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $27M arriving through sponsors registered in 4 states 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.
Organizations like PHILANTHROPIC IMPACT FOUNDATION
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 Tennessee
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for PHILANTHROPIC IMPACT FOUNDATION: 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.
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 PHILANTHROPIC IMPACT FOUNDATION?
- PHILANTHROPIC IMPACT FOUNDATION (Tennessee) receives grants from 14 organizations whose IRS filings report $65,562,647 to it, the largest being LIVING LEGACY FOUNDATION ($20,597,000). 5 of them have funded it in more than one year.
- How many funders does PHILANTHROPIC IMPACT FOUNDATION have?
- IRS filings report 14 organizations giving $65,562,647 in grants to PHILANTHROPIC IMPACT FOUNDATION, 5 of which have funded it in more than one year.
- Who is the largest funder of PHILANTHROPIC IMPACT FOUNDATION?
- LIVING LEGACY FOUNDATION is the largest funder on record, with $20,597,000 in grants. The full list of funders is on this page.
- How can an organization like PHILANTHROPIC IMPACT FOUNDATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Tennessee. 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 FY2024 (financials across 2021–2024), and the filings of 14 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