EIN 82-4938743

City Fund

IRS 501(c) type
501(c)(3)
Num. employees
0
State
Year formed
2018
Most recent tax filings
2023-06-01
NTEE code, primary
Description
The City Fund supports city-based non-profit organizations to improve public education outcomes for local children, and invests in increasing the number of high-performing public schools in cities. The educational system currently fails too many children, especially minorities and those from low-income backgrounds, preventing them from pursuing gainful employment and fulfilling lives.
Total revenues
$55,405,330
2023
Total expenses
$55,448,793
2023
Total assets
$108,692,498
2023
Num. employees
0
2023

Program areas at City Fund

Today, our educational system works well for far too few children in the united states, especially minority and low-income children. This failure not only deprives millions of children of a legitimate pathway to pursue gainful employment and a purpose-filled life, but it is also a threat to the wellbeing of our nation.to address these systemic challenges, City Fund invests in and supports city-based nonprofit organizations dedicated to increasing the number of high-quality public schools in their cities and otherwise improving outcomes for low-income and disadvantaged children. City Fund supports nonprofits that share its mission in three core ways: advising; funding; and convening.advising: City Fund provides advising and coaching support to the leaders of city-based nonprofit organizations aiming to improve public school outcomes. City Fund focuses its advising efforts on city-based non-profit organizations that are playing a key leadership role investing in the creation of new, high-quality public schools, funding and developing educator talent pipelines, engaging their community, and supporting education policy improvements.funding: City Fund provides funding to city-based nonprofit organizations focused on improving public schools. Through this grantmaking, City Fund makes strategic investments in the most effective, high-impact, or promising organizations working on the development and growth of high-quality public schools and affiliated educational programming for disadvantaged children.convening: City Fund also convenes city-based education nonprofit leaders and other key stakeholders in communities of practice to facilitate peer-to-peer learning. These events bring nonprofit leaders, funders, and other stakeholders together to learn about different approaches to improving public education. The convenings consist of conferences, working group meetings, and other in-person meetings across the country. The purpose of all convenings is to unite those working to improve outcomes for low-income and other disadvantaged children in order to share best practices and new insights.

Grants made by City Fund

GranteeGrant descriptionAmount
The Mind TrustTo Support Grantee's Communications Capacity, Stakeholder Engagement, and Storytelling in Indianapolis$11,339,000
San Antonio Area Foundation / City Education PartnersTo Support Professional Development Opportunities for Organizational Leadership$6,545,000
RootEDTo Support the Successful Merger of Charter Management Organizations in Denver$5,150,000
...and 63 more grants made totalling $58,559,139

Who funds City Fund

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$25,000,000
Goldman Sachs Philanthropy Fund (GSPF)Community & Human Services$5,000,000
Charter School Growth Fund (CSGF)Charter School Capacity-Building$2,500,000
...and 1 more grant received

Personnel at City Fund

NameTitleCompensation
Marlon MarshallChief Executive Officer$93,798
Neerav KingslandManaging Partner$464,183
Kameelah Shaheed-DialloPartner$396,849
Natasha WilliamsChief Financial Officer$341,870
Christopher BarbicPartner$409,205
...and 3 more key personnel

Financials for City Fund

RevenuesFYE 06/2023
Total grants, contributions, etc.$53,333,333
Program services$0
Investment income and dividends$2,071,997
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$55,405,330

Form 990s for City Fund

Fiscal year endingDate received by IRSFormPDF link
2023-062024-04-01990View PDF
2022-062023-04-18990View PDF
2021-062022-05-11990View PDF
2020-062022-05-17990View PDF
2019-062021-01-28990View PDF
...and 1 more Form 990
Data update history
May 20, 2024
Updated personnel
Identified 3 new personnel
May 18, 2024
Used new vendors
Identified 4 new vendors, including , , , and
December 26, 2023
Received grants
Identified 1 new grant, including a grant for $2,000,000 from Pharos Foundation
August 21, 2023
Received grants
Identified 1 new grant, including a grant for $1,000,000 from Beth and Ravenel Curry Foundation
August 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsHeadquarter / parent organizationsCharities
Issues
No issues found
Characteristics
Provides grantsNational levelTax deductible donationsNo full-time employees
General information
Address
9450 SW Gemini Dr PMB 28552
Beaverton, OR 97008
Metro area
Portland-Vancouver-Hillsboro, OR-WA
County
Washington County, OR
Phone
(202) 922-5879
IRS details
EIN
82-4938743
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2018
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
Central organization
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