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EIN 47-5334467

Catalytic Impact Foundation

IRS 501(c) type
501(c)(3)
Num. employees
3
City
Hingham
State
Massachusetts
Year formed
2015
Most recent tax filings
2023-12-01
NTEE code, primary
T30: Public Foundations
Description
The Catalytic Impact Foundation dedicates itself to providing grants and support to socially-responsible organizations and promoting innovation in health care and life science in areas of high unmet medical needs. Its mission is driven by the use of philanthropic funds to accelerate innovation in life science, healthcare, and education. Through these efforts, 500 individuals have benefited from their grants and support.
Total revenues
$1,297,166
2023
Total expenses
$791,484
2023
Total assets
$1,001,269
2023
Num. employees
3
2023

Program areas at Catalytic Impact Foundation

The mission of the Catalytic Impact Foundation is to accelerate innovation in life sciences and healthcare, to address areas of high unmet medical need. CIF raises philantrhopic funds, and through our donor advised fund account at Impact Assets, strategically funds early-stage companies developing technologies to save or improve lives. CIF has funded more than 50 companies developing critical solutions for the worlds most challenging diseases and conditions. Our off-balance-sheet assets, the evergreen pool of philanthropic capital, are used for this purpose and sit in our donor advised fund account.

Grants made by Catalytic Impact Foundation

GranteeGrant descriptionAmount
ImpactAssetsSupport for Accelerating Innovations in Healthcare.$250,000

Who funds Catalytic Impact Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
ImpactAssetsGeneral Support$295,220
The Dennis Family FoundationGeneral Purpose$10,000
The Denver FoundationFund Raising & Fund Distribution$0

Personnel at Catalytic Impact Foundation

NameTitleCompensation
Rachel ButlerPresident$90,000
Richard LipkinTreasurer$90,000
Susana Frazao PinhieroSecretary$0
Rob WolkBoard Chair$0
Peter McCreaPresident$0

Financials for Catalytic Impact Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,288,350
Program services$0
Investment income and dividends$8,816
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,297,166

Form 990s for Catalytic Impact Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-07-24990View PDF
2022-122023-11-15990View PDF
2021-122022-11-10990View PDF
2020-122021-08-12990View PDF
2019-122021-01-21990View PDF
...and 2 more Form 990s
Data update history
August 29, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 28, 2024
Updated personnel
Identified 1 new personnel
July 14, 2024
Received grants
Identified 1 new grant, including a grant for $10,000 from The Dennis Family Foundation
December 28, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 24, 2023
Received grants
Identified 2 new grant, including a grant for $295,220 from ImpactAssets
Nonprofit Types
Grantmaking organizationsCharities
Issues
No issues found
Characteristics
Provides grantsNational levelTax deductible donationsAccepts online donations
General information
Address
148 Downer Ave
Hingham, MA 02043
Metro area
Boston-Cambridge-Newton, MA-NH
County
Plymouth County, MA
Website URL
cifimpact.org/ 
Phone
(781) 264-3588
IRS details
EIN
47-5334467
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2015
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T30: Public Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
CT0289207
FTB Entity ID
4104139
AB 488 data last updated ("as-of") date
2024-10-16
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