EIN 20-5176973

Gray Matters Capital

IRS 501(c) type
501(c)(3)
Num. employees
3
State
Year formed
2007
Most recent tax filings
2022-12-01
NTEE code, primary
Description
Gray Matters Capital is a private foundation that is focused on bringing and improving education in Asia & Africa through various investments and operations with social enterprises. It is located in Atlanta, GA.
Total revenues
$7,204,447
2022
Total expenses
$2,038,910
2022
Total assets
$51,337,926
2022
Num. employees
3
2022

Program areas at Gray Matters Capital

The education fund/asia & africa: various investments and operations with social enterprises focused on bringing and improving education access and quality to the bottom of the pyramid in india and exploring replication successful education investments in other countries.
The education fund/latam: various investments and operations with social enterprises focused on bringing and improving education access and quality to the bottom of the pyramid in latin america.
Gmc colabs: an early stage investment portfolio seeking to invest in bold, innovative, and widely scalable social enterprises that have the potential to dramatically improve the lives of women and girls around the world.
Pri k-1 investment: ordinary trade or business income from mission related activities

Who funds Gray Matters Capital

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Gray Matters Charitable FoundationSupporting Mission and General Fund of Various Impact Investments$1,097,227

Personnel at Gray Matters Capital

NameTitleCompensation
Ngalula Kapinga Trice KabundiChief Operating Officer$194,515
Erika NorwoodDirector and Chairman and President / Executive Director$358,927
Laura PutzVice President$84,000
Smita SircarDirector and Chairman and President$0
Jennifer SoltisVice President$86,000
...and 1 more key personnel

Financials for Gray Matters Capital

RevenuesFYE 12/2022
Total grants, contributions, etc.$7,100,006
Investment income and dividends$12,211
Net rental income$0
Net gain from sale of non-inventory assets$9,580
Gross sales of inventory$0
Miscellaneous revenues$82,650
Total revenues$7,204,447

Form 990s for Gray Matters Capital

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990PFView PDF
2021-122022-11-15990PFView PDF
2020-122021-11-15990PFView PDF
2019-122021-06-15990PFView PDF
2018-122020-02-04990PFView PDF
...and 6 more Form 990s

Organizations like Gray Matters Capital

OrganizationLocationRevenue
SK2 FundBoise, ID$1,908,542
Bertelsmann FoundationWashington, DC$3,511,666
Opportunity Education FoundationLittleton, CO$7,242,755
Fairtrade AmericaWashington, DC$5,882,228
Womenstrong InternationalChevy Chase, MD$2,859,963
Highstead FoundationRedding, CT$2,520,460
Petersburg Home for LadiesPetersburg, VA$2,752,733
The Windham FoundationGrafton, VT$2,534,450
Hemophilia Outreach of WisconsinGreen Bay, WI$5,595,679
Harmony Healthcare OrlandoOrlando, FL$4,318,278
Data update history
January 15, 2024
Posted financials
Added Form 990PF for fiscal year 2022
December 26, 2023
Received grants
Identified 1 new grant, including a grant for $1,097,227 from Gray Matters Charitable Foundation
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 28, 2023
Posted financials
Added Form 990PF for fiscal year 2020
June 4, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate operating foundationsCharities
Issues
Foreign affairsInternational development
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donations
General information
Address
1000 Parkwood Cir Se 900
Atlanta, GA 30339
Metro area
Atlanta-Sandy Springs-Alpharetta, GA
County
Cobb County, GA
Website URL
graymatterscap.com/ 
Phone
(404) 458-4153
IRS details
EIN
20-5176973
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2007
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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