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EIN 20-5036808

Invest in Others Charitable Foundation

IRS 501(c) type
501(c)(3)
Num. employees
8
City
Boston
State
Massachusetts
Year formed
2006
Most recent tax filings
2023-12-01
NTEE code, primary
T30: Public Foundations
Description
The Invest in Others Charitable Foundation amplifies the charitable work of financial advisors, employees, and their firms. It serves as a catalyst to channel philanthropy and volunteerism to where it is needed most through its awards program. This program recognizes the philanthropic achievements of financial advisors and financial services firms in communities across the country and around the world. Financial advisors are nominated for one of the following categories.
Total revenues
$2,717,774
2023
Total expenses
$2,341,476
2023
Total assets
$3,393,569
2023
Num. employees
8
2023

Program areas at Invest in Others Charitable Foundation

The Invest in Others awards program (the "program") recognizes the philanthropic achievements of financial advisors and financial services firms in communities across the country and around the world. Financial advisors are nominated for five awards. Advisor finalists and winners receive a donation to their designated charities ranging from $25,000 up to $100,000. Awards are presented at the annual gala each fall.invest in Others grant programs, including grants for good and grants for change, provide an opportunity for employees of the financial services industry to secure funding for specific programs or projects on behalf of nonprofits that they support. Grant awards range from $5,000 to $20,000 and are distributed throughout the year. The Charitable champions program recognizes financial advisory firms that give back to their communities by promoting a culture of philanthropy amongst their financial advisors and employees.

Grants made by Invest in Others Charitable Foundation

GranteeGrant descriptionAmount
Partners for Andean Community HealthAward Honoree$100,000
DayaAward Honoree$60,000
Racing for Orphans with Down Syndro Ome (RODS)Award Honoree$60,000
...and 29 more grants made totalling $890,355

Who funds Invest in Others Charitable Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$43,700
ImpactAssetsGeneral Support$36,000
Franklin Square Capital Partners FoundationMonetary Contribution$35,000
...and 5 more grants received

Personnel at Invest in Others Charitable Foundation

NameTitleCompensation
Jessica DunhamVice President Programs and Operations$124,982
R Barkley PaynePresident and Executive Director$224,038
Gregory MaynardDirector of Development$128,970
Megan McAuleyPast President and Executive Director$39,383
John HylandChair$0
...and 9 more key personnel

Financials for Invest in Others Charitable Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$2,680,563
Program services$0
Investment income and dividends$64,295
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-4,758
Net income from fundraising events$-22,326
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,717,774

Form 990s for Invest in Others Charitable Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-07-17990View PDF
2022-122023-08-11990View PDF
2021-122022-08-10990View PDF
2020-122021-07-23990View PDF
2019-122020-12-01990View PDF
...and 10 more Form 990s

Organizations like Invest in Others Charitable Foundation

OrganizationLocationRevenue
Travis Manion Foundation (TMF)Doylestown, PA$12,898,800
The Nascar FoundationDaytona Beach, FL$4,961,787
Zach Johnson FoundationCedar Rapids, IA$1,890,130
Fairfield Medical Center FoundationLancaster, OH$956,684
Sacred Heart FoundationSt Louis, MO$5,546,984
White River Health System FoundationBatesville, AR$1,364,639
Carle Center for PhilanthropyUrbana, IL$7,867,151
Kyle Petty Charity RideCharlotte, NC$1,351,087
Emanate Health Foundation (CVHF)Covina, CA$2,563,857
The Tom Coughlin Jay Fund FoundationJacksonville Beach, FL$9,483,792
Data update history
August 28, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 27, 2024
Updated personnel
Identified 9 new personnel
July 11, 2024
Received grants
Identified 5 new grant, including a grant for $36,000 from ImpactAssets
October 22, 2023
Received grants
Identified 1 new grant, including a grant for $10,000 from Berkshire Bank Foundation
October 6, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsCharities
Issues
No issues found
Characteristics
Provides grantsFundraising eventsNational levelCommunity engagement / volunteeringFundraising races, competitions, and tournamentsTax deductible donationsAccepts online donations
General information
Address
68 Harrison Ave PMB 87113 Ste 605
Boston, MA 02111
Metro area
Boston-Cambridge-Newton, MA-NH
County
Suffolk County, MA
Website URL
investinothers.org/ 
Phone
(781) 304-4812
IRS details
EIN
20-5036808
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2006
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
131074
FTB Entity ID
None yet
AB 488 data last updated ("as-of") date
2024-11-06
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