About Giving Back Fund
Our mission is to improve lives by expanding the number of people and the amount of resources dedicated to giving.
Focus Areas
Fiscal sponsorshipPhilanthropy advisingGrantmaking supportScholarshipsNonprofit administrationFund and project management
Who They Fund
people affected by COVID-19 (patients and households)food-insecure individuals and familiesrecipients of medical aidconflict-affected populations in Ukraine (including displaced persons)
Funding Style
direct emergency relief
About Giving Back Fund
The Giving Back Fund Inc channels much of its grantmaking through emergency relief and general assistance, while also running scholarship programs that reach BIPOC students and students in creative, strategy, and data analytics fields. In the recent-grants record, the largest awards were three large payments to various recipients in Boston, including $13,025,542 in 2024 and two 2025 grants of $12,776,573 and $12,305,277. Beyond those large, unnamed allocations, the foundation has also backed specific relief efforts and convenings. It gave $333,333 to the International Rescue Committee for COVID relief programs and $50,000 to Elijah Interfaith Institute USA for convening for peace in Ukraine. Those examples show a mix of broad support and targeted responses to current needs. The foundation’s active scholarship work adds another dimension: The Legacy Lab Foundation Scholarship serves students who identify as Black, Indigenous, and/or People of Color, and the Saatchi Scholarship supports creative, strategy, and data analytic students from diverse backgrounds. Together, these grants suggest a funder that combines rapid-response giving, project support, and education-linked philanthropy.
What Giving Back Fund Funds
Emergency response is a clear theme. The foundation awarded $333,333 to the International Rescue Committee for COVID relief programs and $23,400 to Desai Foundation for COVID relief programs. It also made a $300,000 grant to Motopara Foundation Inc for food and medicines, along with $177,739 to Invisible Hands Deliver for general assistance. Another line of giving supports coordination and peace-related convening: $50,000 went to Elijah Interfaith Institute USA for convening for peace in Ukraine. Education and talent development appear through its scholarship programs. The Legacy Lab Foundation Scholarship is aimed at BIPOC students studying to revolutionize an industry, challenge social norms, or build a long-lasting brand solution in culture, while the Saatchi Scholarship provides financial assistance and mentorship to creative, strategy, and data analytic students from diverse backgrounds.
How Giving Back Fund Gives
The typical grant size sits at $34,494 at the 25th percentile, $50,000 at the median, and $265,000 at the 75th percentile. The recent record also includes several much larger awards in the millions, indicating a wide spread between routine grants and major disbursements. The foundation appears to make repeat grants within the same period to broad recipients or pooled allocations, as shown by multiple large Boston payments labeled available upon request. It is a pure DAF provider rather than an operating foundation, and it does not make program-related investments. Its scholarship programs are open to unsolicited applications, which adds a direct-access channel alongside grant support.
Financial Snapshot
Annual Giving
$2.8M
Total Assets
$30M
Total Revenue
$50.7M
Total Expenses
$44.9M
Typical Grant Size
Most grants fall between $34K and $265K, with a median of $50K.
25th Percentile
$34K
Median
$50K
75th Percentile
$265K
Geographic Reach
Regional10 states funded
Funding intensity
LowHigh
Headquarters
Leadership
CRAIG SZABO
Unlock Deep Analysis
Sign up for a free Kindora account to access AI-generated insights into this funder's giving patterns, decision-makers, and fit signals.
Get Started FreeSee Similar Funders
Free Kindora accounts unlock side-by-side comparisons with foundations that share this funder's focus areas and giving profile.
Get Started FreeExplore related grant guides
Want a Personalized Pitch for Giving Back Fund?
Sign up free to see how well your nonprofit fits this funder, get an AI-generated pitch, and unlock similar foundations.
Free plan available
No contracts
Cancel anytime