Virginia · Nonprofit
THE FELLOWS INITIATIVE
THE FELLOWS INITIATIVE (Virginia) receives grants from 4 organizations whose IRS filings report $95,395 to it, the largest being SECOND PRESBYTERIAN CHURCH FOUNDATION INC ($84,700). 2 of them have funded it in more than one year, and 90% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $217k
- Funders on record
- 4
- Grants received
- $95k
- Net assets
- $36k
What The Fellows Initiative does
Mission
The Fellows Initiative (tfi) is a network of christian discipleship and leadership development programs for recent college graduates. We seek to inspire and equip the emerging generation of leaders for the marketplace, church and society.
As stated on its FY2025 Form 990.
Programs
National initiatives. Tfi organizes an annual conference for fellows in the network of leadership development programs. In 2024-25, approximately 230 fellows participated as well as 35 local program leaders. Tfi also manages the tfi common application which allows students to apply for up to three tfi fellows programs at one time. In 2024-25, 143 common applications were received. Finally, tfi engages in a number of national recruiting activities to raise awareness of tfi fellows program opportunities for college students and recent graduates. In 2024-25, tfi hosted two on-campus events and 15 webinars, managed a comprehensive email and social media campaign to raise awareness of application deadlines and other program information.
$90,691 spent$69,890 earned by the program61% of program spendingSupport for existing fellows program leaders. Each year, tfi hosts the annual tfi leaders summit. In 2025, the summit was held in greenwood village colorado with approximately 20 program leaders in attendance. In addition, tfi staff provide various types of coaching and support to local programs and their leaders - pastoral care support, training and coaching, problem-solving, director transition support.
$29,811 spent$6,175 earned by the program20% of program spendingNew program development. Tfi hosts a semi-annual come & see training course for churches interested in launching new tfi fellows programs. In 2024-25 approximately 15 people from eight churches attended the come & see training courses. In addition, tfi offers a comprehensive on-site training program for churches that choose to join the tfi network. New director training was delivered to three churches in the 2024-25 fiscal year. Finally, tfi provides a variety of support services for new programs in the tfi netowrk, including coaching, problem-solving, best practice consulting, and training material development.
$29,252 spent$1,625 earned by the program20% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $149,754.
The organization over time
Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $83k to $57k (−31%).
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.
Government-grant reliance: 2022 8%. Grants only. Government contracts and fees sit inside program revenue.
64% of THE FELLOWS INITIATIVE’s revenue is contributions — more earned-revenue than three-quarters of its peers (100% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 7 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.
Chief executive
John Kyle
Executive director
Board chair
Kenneth Friday
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $600 → $39k.
3 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 90% 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 THE FELLOWS INITIATIVE’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
THE FELLOWS INITIATIVE leans on a few funders — its largest provides 89% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
90% 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 THE FELLOWS INITIATIVE.
Largest funder’s share by year: 2017 100% · 2020 100% · 2021 100% · 2022 100% · 2023 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
90% of THE FELLOWS INITIATIVE's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $10k that is directly attributable, 100% of it comes from funders outside Virginia, across 1 state.
Funder states come from each funder’s own filing. $85k arriving through sponsors registered in 3 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.
Against its field
THE FELLOWS INITIATIVE's revenue grew 26% between 2019 and 2025.
this organization peer median middle 50% of peers· 7,334 religion nonprofits $100k–$1M, FY2025
Organizations like THE FELLOWS INITIATIVE
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 Virginia
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
69% of spending goes to programs.
Governance
Public support
94%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for THE FELLOWS INITIATIVE: 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 THE FELLOWS INITIATIVE?
- THE FELLOWS INITIATIVE (Virginia) receives grants from 4 organizations whose IRS filings report $95,395 to it, the largest being SECOND PRESBYTERIAN CHURCH FOUNDATION INC ($84,700). 2 of them have funded it in more than one year, and 90% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does THE FELLOWS INITIATIVE have?
- IRS filings report 4 organizations giving $95,395 in grants to THE FELLOWS INITIATIVE, 2 of which have funded it in more than one year.
- Who is the largest funder of THE FELLOWS INITIATIVE?
- SECOND PRESBYTERIAN CHURCH FOUNDATION INC is the largest funder on record, with $84,700 in grants. The full list of funders is on this page.
- How can an organization like THE FELLOWS INITIATIVE find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Fellows Initiative →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2019–2025), and the filings of 4 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