EIN 47-1180598

Impact Charitable

IRS 501(c) type
501(c)(3)
Num. employees
15
City
Year formed
2014
Most recent tax filings
2023-12-01
NTEE code, primary
Description
Impact Charitable unlocks capital, removes barriers, and partners with funders to drive innovative solutions and funding access for communities and social enterprises.
Also known as...
Principium Charitable
Total revenues
$17,350,486
2023
Total expenses
$13,748,663
2023
Total assets
$26,494,001
2023
Num. employees
15
2023

Program areas at Impact Charitable

Impact Charitable collaborates with catalytic funders, community leaders, local governments, and other changemakers to design and implement direct cash assistance and economic mobility programs. These services include program design, program management & implementation, and payment facilitation, all aimed at supporting economic stability, resiliency, and wealth-creation. Our approach involves intervening at key moments to prevent families from falling deeper into poverty through programs like emergency rental assistance or job loss payments, providing unrestricted, unconditional emergency cash assistance and basic income, and building long-term wealth through innovative vehicles designed to break intergenerational cycles of poverty.economic mobility programs are particularly focused on providing essential capital to communities that have been historically underrepresented and marginalized, with roughly 93% of participants identifying as bipoc and 97.6% preferring a language other than english. Additionally, 61% of participants are women. In 2023 alone, we distributed $6,386,153 through these impactful programs.
Catalytic capital partners llc, a wholly-owned subsidiary of Impact Charitable, was established to create significant efficiencies for Impact funds and projects that are increasingly attracting a combination of private, philanthropic, government, and grant capital. This program leverages partners with deep experience in fund management, administration, and investment advisory services while engaging Impact Charitable's experience and expertise in philanthropic, impact-first investments, integrated capital funds, and flexible grantmaking capabilities. Impact Charitable works with partners who share our history of bringing new tools and innovations to the Impact investing ecosystem, and these new partnerships are constructed to connect more capital with the community in funding that is structured to create the most impact.catalytic capital partners llc is dedicated to breaking down traditional barriers to capital access, ensuring that funds are not just managed but actively working in communities to drive systemic change. With a focus on innovative, impact-first investing, we continue to move money differently, ensuring that capital flows where it's needed most.
At Impact Charitable, we move more money, in more ways, to more people and places by focusing on impact-first investing. Our primary objective is to drive meaningful Impact, balancing financial return and risk in service of this mission. While we anticipate financial returns from our funds, our true measure of success lies in the Impact and outcomes of these investments.impact Charitable works through integrated capital, providing both grants and investments, to catalyze positive change. We collaborate with investors who understand that traditional approaches alone are insufficient to achieve the just and equitable outcomes we seek. Our team, with deep expertise in both philanthropy and finance, works to move money directly into impactful organizations, making lasting change possible.our approach ensures that a significant portion of the funds under our management is actively working in communities, driving positive social change. Throughout the year, Impact Charitable facilitated the movement of significant capital through a variety of impactful programs and services including direct investments, program-related investments, philanthropic investment funds, and donor-advised funds. Through these services, Impact Charitable facilitated the movement of $6,755,000 of investments and $3,415,152 of grant funds in 2023. Our key areas of focus include supporting economic mobility, financial inclusion, and affordable housing among other Impact themes. By leveraging catalytic capital, we are able to facilitate access to opportunities for historically marginalized communities and help close the capital gaps that persist in traditional financial systems.

Grants made by Impact Charitable

GranteeGrant descriptionAmount
Birth DetroitGeneral Support$80,000
Change LabsGeneral Support$60,000
Denver Basic Income ProjectGeneral Support$25,000
...and 11 more grants made

Who funds Impact Charitable

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
JP Morgan Chase FoundationIn Support of Financial Health$1,750,000
Panorama GlobalProject Fund$500,000
The Denver FoundationHuman Services$255,000
...and 18 more grants received totalling $4,009,346

Personnel at Impact Charitable

NameTitleCompensation
Rich HoopsExecutive Director$75,000
James McClairDirector of Operations
Emily AllredDirector of Finance and Investments$0
Cindy WillardSenior Director Capital Activation
Amel KhalilMarketing and Communications Manager
...and 5 more key personnel

Financials for Impact Charitable

RevenuesFYE 12/2023
Total grants, contributions, etc.$13,390,752
Program services$3,369,156
Investment income and dividends$500,079
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$90,332
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$167
Total revenues$17,350,486

Form 990s for Impact Charitable

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-12990View PDF
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-02-22990View PDF
...and 5 more Form 990s
Data update history
January 6, 2025
Used new vendors
Identified 2 new vendors, including , and
January 3, 2025
Posted financials
Added Form 990 for fiscal year 2023
November 21, 2024
Updated personnel
Identified 7 new personnel
October 22, 2024
Received grants
Identified 6 new grant, including a grant for $250,000 from Sustainable Agriculture and Food Systems Funders
January 23, 2024
Updated personnel
Identified 1 new personnel
Nonprofit Types
Grantmaking organizationsCommunity foundationsFamily service centersCharities
Issues
Community improvement
Characteristics
Operates donor advised fundsProvides grantsLobbyingReceives government fundingTax deductible donationsAccepts online donations
General information
Address
1536 Wynkoop St 223
Denver, CO 80202
Metro area
Denver-Aurora-Lakewood, CO
County
Denver County, CO
Website URL
impactcharitable.org/ 
Phone
(720) 317-6002
IRS details
EIN
47-1180598
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2014
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T31: Community Foundations
NAICS code, primary
624190: Individual and Family Services
Parent/child status
Independent
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