GrantAuthority

New Impact Fund

Grantmaking foundation in Minneapolis, Minnesota · EIN 46-5187324

Total giving
$610KTax year 2022
Grants made
4Tax year 2022
Total assets
$1.1MLatest reported
Latest IRS filing
2024Form 990 / 990-PF

Mission

TO CONNECT BIPOC ENTREPRENEURS IN TWIN CITIES NEIGHBORHOODS WITH THE FINANCIAL AND SOCIAL CAPITAL THEY NEED TO GROW AND SUSTAIN THEIR BUSINESSES BY ACTIVATING UNTAPPED INDIVIDUAL WEALTH, ULTIMATELY WORKING TO ELIMINATE THE RACIAL WEALTH GAP IN OUR LOCAL ECOSYSTEM.

Quoted from the foundation's IRS filing.

Giving by year

$210K2021
$610K2022

Totals by tax year, rounded to two significant figures. Years without a reported total show the sum of grants itemized on the filing.

Top recipients

RecipientAmountTax year
Next Level Logistics$230K2022
Taylor'D Skin$150K2022
Tri- Construction$120K2022
Lip Esteem$110K2022

Amounts are rounded. The full grantee list (4 grants in 2022) is available with a free account.

Website: newimpactfund.org

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Source: IRS Form 990 and 990-PF filings, tax year 2022. Also see this organization on ProPublica Nonprofit Explorer.