Overview
What is Impact Investing Charitable Foundation Inc?
Impact Investing Charitable Foundation Inc is a nonprofit organization based in Overland Park, Kansas, with the US address at 8208 Melrose Drive. The foundation's mission involves funding projects that serve charitable purposes or align with charitable causes while generating a return for future grantmaking activities to other charitable organizations. In essence, they invest charitable capital to catalyze economic, social, and spiritual transformation. The organization, also known as Impact Foundation, has a team of ten dedicated individuals working towards this goal.
Official website here: www.impactfoundation.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 95% (Four-Star out of Four Star rating).
Impact Investing Charitable Foundation Inc has achieved a remarkable score of 95%, reflecting strong performance in accountability and finance. The organization excels in various areas, including having a majority of independent board members and robust financial oversight mechanisms. Their program expense ratio is notably high at 99.23%, indicating that nearly all funds are directed towards their intended programs rather than administrative costs.
The foundation's financial practices are commendable, as indicated by zero material diversions of assets and a favorable liabilities to assets ratio of 0.51%. They also have established policies related to conflict of interest and whistleblower protections, further solidifying their commitment to transparency and integrity in their operations. The compensation for key personnel is disclosed, which is an essential practice for maintaining trust with donors.
While the organization shows strong financial health and governance, it's important for potential donors and stakeholders to consider the impact of their programs and how effectively they meet their mission goals. Overall, Impact Investing Charitable Foundation Inc presents as a well-managed nonprofit with a focus on accountability and financial efficiency.
This AI summary has been generated from information found on Charity Navigator.
Is Impact Investing Charitable Foundation Inc legitimate?
Impact Investing Charitable Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Impact Investing Charitable Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $687,226
Professional Fundraising Fees: $0
Other Salaries and Wages: $553,465
For more financial information, click here
Official website here: www.impactfoundation.org
What is the mission statement of Impact Investing Charitable Foundation Inc?
Impact Investing Charitable Foundation Inc dedicates itself to investing charitable capital with the objective of generating economic, social, and spiritual transformation. Through funding projects that serve charitable purposes or align with charitable causes, the foundation aims to bring about positive change. In addition, the foundation's investments provide a return for future grantmaking activities to charitable organizations. By combining financial support with a charitable mission, the Impact Investing Charitable Foundation Inc strives to foster sustainable growth and make a lasting impact. The foundation's grants not only contribute to the success of the funded projects but also empower charitable organizations to continue their mission.
Official website here: www.impactfoundation.org
Who is the CEO of Impact Investing Charitable Foundation Inc?
Aimee Minnich is the Ceo of Impact Investing Charitable Foundation Inc. The CEO's salary of Impact Investing Charitable Foundation Inc is $238,225 and their total compensation is $244,289.
Official website here: www.impactfoundation.org
What is the revenue of Impact Investing Charitable Foundation Inc?
Impact Investing Charitable Foundation Inc's revenue in 2022 was $125,350,864.
Official website here: www.impactfoundation.org
Who are the executives of Impact Investing Charitable Foundation Inc and what are their salaries?
The average compensation at Impact Investing Charitable Foundation Inc during 2022 was $124,069. There are 10 employees and 5 volunteers at Impact Investing Charitable Foundation Inc.
Here are 11 key members and their salaries (Impact Investing Charitable Foundation Inc's CEO's salary is $238,225 and their total compensation is $244,289):
- Compensation: $238,225
- Related: $0
- Other: $6,064
- Compensation: $233,625
- Related: $0
- Other: $5,880
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $198,439
- Related: $0
- Other: $4,992
- Compensation: $116,611
- Related: $0
- Other: $4,198
Official website here: www.impactfoundation.org
Where can I find the form 990 for Impact Investing Charitable Foundation Inc?
Impact Investing Charitable Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.impactfoundation.org
Learn more at the official website: www.impactfoundation.org
Mission Statement of Impact Investing Charitable Foundation Inc
Impact Investing Charitable Foundation Inc, a philanthropic organization, invests charitable capital to foster economic, social, and spiritual transformation. The Foundation's mission is multifaceted, with a primary focus on generating returns while supporting projects aligned with charitable causes. By funding such initiatives, the Foundation aims to create sustainable change and generate future grantmaking opportunities for other charitable organizations.
In essence, Impact Investing Charitable Foundation Inc goes beyond traditional grantmaking. Instead, it deploys its capital to make a substantial impact on the communities it serves. Through its strategic investments, the Foundation seeks to create lasting change, rather than just providing short-term relief. By combining the power of financial investment with the purpose of charitable giving, the organization is able to create a ripple effect of positive change.
Impact Investing Charitable Foundation Inc's unique approach to philanthropy sets it apart from other charitable organizations. It recognizes that capital can be a powerful tool for transformation, and by investing in projects with a charitable purpose, it can amplify its impact and generate a return for future grantmaking activities. This innovative approach allows the Foundation to make a significant impact on the causes it supports and to continue its mission of creating economic, social, and spiritual transformation.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Impact Investing Charitable Foundation Inc invests charitable capital strategically to foster economic, social, and spiritual transformation. By funding projects that align with charitable causes, the foundation not only addresses critical community needs but also ensures a return that enables future grantmaking to various charitable organizations. This approach creates a sustainable cycle of support that amplifies the positive impact on society and enriches the lives of individuals and communities in Overland Park, KS, and beyond. The foundation embodies a commitment to philanthropy by prioritizing initiatives that embody meaningful change and encourage long-term growth and development.
This information is meant to be a general summary of Impact Investing Charitable Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,402,786
- Program Service Revenue: $12,513
- Gross Receipts: $125,350,864
Assets and Liabilities:
- Total Assets: $78,989,966
- Total Liabilities: $380,402
- Net Assets: $78,609,564
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM RELATED INVESTMENTS
Revenue
$12,513
Organization Details
Founding Year
2015
Phone
(913) 297-1804Principal Officer
Aimee Minnich
Main Address
8208 MELROSE DRIVE, OVERLAND PARK, KS, 66214
Website
www.impactfoundation.orgNTEE Category
Code: T30 - Philanthropy
If you are a representative of Impact Investing Charitable Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.