Massachusetts · Nonprofit
THE NEW COMMONWEALTH RACIAL EQUITY AND SOCIAL JUSTICE FUND INC
THE NEW COMMONWEALTH RACIAL EQUITY AND SOCIAL JUSTICE FUND INC (Massachusetts) receives grants from 22 organizations whose IRS filings report $18,535,469 to it, the largest being Boston Foundation Inc ($11,502,463). 7 of them have funded it in more than one year, and 71% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $5.8M
- Funders on record
- 22
- Grants received
- $19M
- Net assets
- $14M
What The New Commonwealth Racial Equity and Social Justice Fund Inc does
Mission
Ncf makes a forever pledge to build a commonwealth where non-profit leaders and communities have access to philanthropic dollars. We aspire to a world that listens to those who are the most proximate to solutions and allows them to lead the collective movement toward repair. Ncf is committed to reshaping the philanthropic sector to ensure that funding supports a full spectrum of leadership and expertise.
As stated on its FY2025 Form 990.
Program
The new commonwealth fund focuses its investment in five pillars to advance racial equity and economic empowerment. In fiscal year 2025, the organization made over three million dollars in grants and partnered with organizations across massachusetts. -economic empowerment: assisting black and brown coalitions, orgranizations, and individuals in developing and implementing effective asset-building and wealth-creation strategies. -policing & criminal justice reform: supporting community groups and coalitions working to implement policing policies and practices that deliver accountability, promote equitable outcomes, and eliminate the school-to-prison pipeline and mass incarceration of black and brown
$6,068,311 spentof which $3,601,587 as grants$147,636 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $6,068,311.
The organization over time
Each line starts at 100 in 2024, so what you read is the shape rather than the size: 150 means half as much again as 2024, 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 2024 to 2025, from $18M to $14M (−18%).
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: 2024 2% · 2025 17%. Grants only. Government contracts and fees sit inside program revenue.
93% of THE NEW COMMONWEALTH RACIAL EQUITY AND SOCIAL JUSTICE FUND INC’s revenue is contributions — about as donation-reliant as the typical peer (97% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 2 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.
Board chair
Damian W Wilmot
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2020 → 2023: the base broadened from 1 funder to 8 funders, grant income rose $1.0M → $1.7M.
8 of 22 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 71% 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 NEW COMMONWEALTH RACIAL EQUITY AND SOCIAL JUSTICE FUND INC’s funders (the co-funder graph). Top 21 of 22 funders by total. 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 NEW COMMONWEALTH RACIAL EQUITY AND SOCIAL JUSTICE FUND INC leans on a few funders — its largest provides 62% of grant income and the top three 87%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
80% 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 NEW COMMONWEALTH RACIAL EQUITY AND SOCIAL JUSTICE FUND INC.
Largest funder’s share by year: 2020 100% · 2021 98% · 2022 83% · 2023 60% — diversifying over time.
“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
71% of THE NEW COMMONWEALTH RACIAL EQUITY AND SOCIAL JUSTICE FUND INC'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 $5.4M that is directly attributable, 92% of it comes from Massachusetts funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $13M arriving through sponsors registered in 5 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 NEW COMMONWEALTH RACIAL EQUITY AND SOCIAL JUSTICE FUND INC holds deeper cash reserves than three-quarters of the 431 civil rights nonprofits its size.
this organization peer median middle 50% of peers· 431 civil rights nonprofits $1M–$10M, FY2025
Organizations like THE NEW COMMONWEALTH RACIAL EQUITY AND SOCIAL JUSTICE 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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
74% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for THE NEW COMMONWEALTH RACIAL EQUITY AND SOCIAL JUSTICE 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.
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 NEW COMMONWEALTH RACIAL EQUITY AND SOCIAL JUSTICE FUND INC?
- THE NEW COMMONWEALTH RACIAL EQUITY AND SOCIAL JUSTICE FUND INC (Massachusetts) receives grants from 22 organizations whose IRS filings report $18,535,469 to it, the largest being Boston Foundation Inc ($11,502,463). 7 of them have funded it in more than one year, and 71% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does THE NEW COMMONWEALTH RACIAL EQUITY AND SOCIAL JUSTICE FUND INC have?
- IRS filings report 22 organizations giving $18,535,469 in grants to THE NEW COMMONWEALTH RACIAL EQUITY AND SOCIAL JUSTICE FUND INC, 7 of which have funded it in more than one year.
- Who is the largest funder of THE NEW COMMONWEALTH RACIAL EQUITY AND SOCIAL JUSTICE FUND INC?
- Boston Foundation Inc is the largest funder on record, with $11,502,463 in grants. The full list of funders is on this page.
- How can an organization like THE NEW COMMONWEALTH RACIAL EQUITY AND SOCIAL JUSTICE 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 2024–2025), and the filings of 22 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