EIN 20-0407083

Greenlight Fund

IRS 501(c) type
501(c)(3)
Num. employees
54
City
Year formed
2003
Most recent tax filings
2022-12-01
NTEE code, primary
Description
The Greenlight Fund transforms the lives of children and families in high-poverty urban areas by creating infrastructure and an annual process to identify critical needs. It searches the country to find innovative, results-oriented nonprofit approaches to meeting those needs in the ten cities where it operates.
Total revenues
$21,472,030
2022
Total expenses
$9,836,176
2022
Total assets
$52,683,189
2022
Num. employees
54
2022

Program areas at Greenlight Fund

To meet its mission in the eleven cities where it operates, the Greenlight Fund does the following:- runs an annual process to identify critical community needs; searches the country to find innovative, results-oriented nonprofit approaches to meeting needs; conducts rigorous diligence on these nonprofits to understand their outcomes, revenue model, replicability, and potential fit on the local landscape; and selects one organization to import into the city that shows the greatest promise of making a significant, measurable impact as cost effectively as possible.- supports organizations it selects with financial and non-financial assistance. Greenlight typically provides around $600,000 over an organization's first four years in the new city, helps attract talented leadership to their local staff and boards, takes a seat on their local boards, facilitates partnerships and additional resources, and supports and monitors progress to become sustainable in the new location.- launches organizations in the community by showcasing them at events where they can build awareness and recruit new supporters.since its founding in boston in 2004, the Greenlight Fund has imported fourteen organizations into boston: friends of the children-boston, raising a reader-massachusetts, peer health exchange, youth villages' lifeset program, uptogether, single stop usa, the new teacher center, college advising corps, blueprint schools network, caremessage, youth guidance: becoming a man, per scholas, youth guidance: working on womanhood, and child first.since 2012 when it was established in philadelphia, Greenlight philadelphia has imported single stop usa, year up, center for employment opportunities, parentchild+, compass working capital, hopeworks, and the fountain Fund into the city.since 2012 when it was founded in the san francisco bay area, Greenlight bay area has imported genesys works, uaspire, springboard collaborative, blueprint math fellows, parentchild+, everyone on, and food connect into the bay area. Since 2015 when it was founded in cincinnati, Greenlight cincinnati has imported center for employment opportunities, uptogether and first place for youth, the literacy lab's leading men fellowship, and homestart renew collaborative into the city. Since 2016 when it was founded in detroit, Greenlight detroit has imported center for employment opportunities, new teacher center, and springboard collaborative into the city.since 2017 when it was founded in charlotte, Greenlight charlotte has imported parentchild+, center for employment opportunities, and alternatives to violence into the city. Since 2018, when it was founded in Kansas city, Greenlight Kansas city has imported youth guidance: becoming a man, youth guidance: working on womanhood, and all our kin into the city. Since 2019 when it was founded in atlanta, Greenlight atlanta has imported center for employment opportunities, the literacy lab's leading men fellowship, and inner explorer into the city.since 2020 when it was founded in the twin cities, Greenlight twin cities has imported let everyone advance with dignity into the city.since 2021 when it was founded in baltimore, Greenlight baltimore has imported point source youth.in 2022, Greenlight Fund launched its eleventh site, greater newark, and began its first selection process in 2022.across Greenlight Fund's eleven locations, in 2022 greenlight-supported organizations reached 565,744 children, youth and families with their innovative programs that are achieving measurable results in their efforts to transform lives.

Grants made by Greenlight Fund

GranteeGrant descriptionAmount
Youth GuidanceGeneral Support$597,192
Cure Violence GlobalGeneral Support$350,000
Center for Employment Opportunities (CEO)General Support$340,000
...and 25 more grants made totalling $3,539,692

Who funds Greenlight Fund

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Sergey Brin Family FoundationGeneral Operating Support$3,030,650
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$2,184,350
The Boston Foundation (TBF)Operating Support/annual Fund$1,257,500
...and 113 more grants received totalling $14,215,038

Personnel at Greenlight Fund

NameTitleCompensation
Margaret HallChief Executive Officer$195,267
Chris LoneyChief of Staff$142,615
Robert MaysVice President , People , Equity and Culture$165,928
Casey JohnsonVice President , National Portfolio and Learning / National Portfolio Director , National Staff / Executive Director , Greenlight Bay Area / Executive Director Bay Area$183,577
Katherine SchwassSenior Executive Director , Bay Area / Executive Director Bay Area$191,831
...and 15 more key personnel

Financials for Greenlight Fund

RevenuesFYE 12/2022
Total grants, contributions, etc.$21,589,916
Program services$0
Investment income and dividends$692,274
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-163,455
Net income from fundraising events$-646,705
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$21,472,030

Form 990s for Greenlight Fund

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-01990View PDF
2021-122022-11-09990View PDF
2020-122021-07-12990View PDF
2019-122021-02-26990View PDF
2018-122019-10-03990View PDF
...and 10 more Form 990s
Data update history
August 25, 2024
Received grants
Identified 26 new grant, including a grant for $1,257,500 from The Boston Foundation (TBF)
May 18, 2024
Received grants
Identified 3 new grant, including a grant for $500,000 from Tides Foundation
February 4, 2024
Received grants
Identified 2 new grant, including a grant for $125,000 from United Way of Metropolitan Chicago
January 21, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 21, 2024
Updated personnel
Identified 2 new personnel
Nonprofit Types
Grantmaking organizationsBusiness and community development organizationsYouth service charitiesCharities
Issues
ChildrenCommunity improvement
Characteristics
Provides grantsFundraising eventsNational levelCommunity engagement / volunteeringFundraising races, competitions, and tournamentsTax deductible donationsAccepts online donations
General information
Address
50 Milk St 16th Floor
Boston, MA 02109
Metro area
Boston-Cambridge-Newton, MA-NH
County
Suffolk County, MA
Website URL
greenlightfund.org/ 
Phone
(617) 912-8983
IRS details
EIN
20-0407083
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2003
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S50: Nonprofit Management
NAICS code, primary
624110: Child and Youth Services
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
CT0186629
FTB Entity ID
None yet
AB 488 data last updated ("as-of") date
2024-11-06
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