EIN 87-2372523

Prevail Fund

IRS 501(c) type
501(c)(3)
Num. employees
4
City
Year formed
2022
Most recent tax filings
2023-12-01
NTEE code, primary
Z99: Unknown
Description
The Prevail Fund is a private foundation located in New Haven, CT and its trustees are Andrew Youn, David Hylden, and Rory Fenton.
Total revenues
$12,081,580
2023
Total expenses
$5,385,287
2023
Total assets
$7,361,230
2023
Num. employees
4
2023

Program areas at Prevail Fund

Provide resources and expertise to strengthen our partner organizations, helping them to deliver stronger impacts for children at scale.

Grants made by Prevail Fund

GranteeGrant descriptionAmount
Room to ReadScale Up Structured Pedagogy Program in India$1,000,000
Accelerate Language and Learning FoundationImprove Student FLN Outcomes at Scale Through the Strucutred Pedagogy Program in India$845,000
Imagine WorldwideImprove the Organizations Capacity To Distribute, Install, and Monitor Affordable Tablets for the Purposes of Improving Students Literacy Fluency in Malawi.$250,000
...and 1 more grant made

Who funds Prevail Fund

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Bill & Melinda Gates FoundationPublic Awareness and Analysis$300,000
The Eric and Wendy Schmidt Fund for Strategic InnovationTo Provide Support for Designing Large-Scale Philanthropic Commitment Vehicles.$150,000
The Eric and Wendy Schmidt Fund for Strategic InnovationPortion of Grants Paid Treated As A Distribution of Corpus Under Treas. Reg. 53.4942(a)-3.-$150,000

Personnel at Prevail Fund

NameTitleCompensation
David HyldenTreasurer$0

Financials for Prevail Fund

RevenuesFYE 12/2023
Total grants, contributions, etc.$12,075,137
Investment income and dividends$6,443
Net rental income$0
Net gain from sale of non-inventory assets$0
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$12,081,580

Form 990s for Prevail Fund

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-04990PFView PDF
2022-122023-08-14990PFView PDF
2021-122023-05-15990PFView PDF
Data update history
December 24, 2023
Received grants
Identified 1 new grant, including a grant for $150,000 from The Eric and Wendy Schmidt Fund for Strategic Innovation
October 3, 2023
Posted financials
Added Form 990PF for fiscal year 2022
July 7, 2023
Posted financials
Added Form 990PF for fiscal year 2021
July 3, 2023
Updated personnel
Identified 3 new personnel
June 26, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsTax deductible donations
General information
Address
1150 Walnut St 2nd Floor
Newton, MA 02461
Metro area
Boston-Cambridge-Newton, MA-NH
County
Middlesex County, MA
Phone
(206) 276-8813
IRS details
EIN
87-2372523
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2022
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
Z99: Z99
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
California AB-488 details
AB 488 status
May Not Operate or Solicit for Charitable Purposes
Charity Registration status
Delinquent
FTB status revoked
Not revoked
AG Registration Number
CT0296043
FTB Entity ID
None yet
AB 488 data last updated ("as-of") date
2024-12-31
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