COMPASS WORKING CAPITAL INC
BOSTON, MA
Mission
COMPASS WORKING CAPITAL ("COMPASS") IS WORKING TO END ASSET POVERTY FOR FAMILIES WITH LOW INCOMES AND NARROW THE RACIAL AND GENDER WEALTH DIVIDES. OUR MISSION IS TO PARTNER WITH FAMILIES WITH LOW INCOMES TO BUILD ASSETS AS A PATHWAY OUT OF POVERTY. WE FOCUS ON REACHING FAMILIES LED BY BLACK AND/OR LATINX WOMEN. TO ACHIEVE OUR MISSION, WE OPERATE CLIENT-CENTERED SAVINGS AND FINANCIAL COACHING PROGRAMS, DELIVER TRAINING AND TECHNICAL ASSISTANCE TO OTHER PRACTITIONERS, AND SHAPE POLICY SOLUTIONS THAT DISMANTLE BARRIERS TO ASSET BUILDING.
Financials (IRS Form 990)
Source: IRS Form 990, tax year 2023.
Who funds COMPASS WORKING CAPITAL INC
$44.3M in foundation grants on record from 31 funders — from IRS 990 grant line items.
| Funder | Total given | Grants |
|---|---|---|
| Blue Meridian Partners | $10.2M | 3 |
| Pew Charitable Trusts | $2.5M | 2 |
| Vanguard Charitable Endowment Program | $612K | 4 |
| Fidelity Investments Charitable Gift Fund | $579K | 2 |
| American Online Giving Foundation | $368K | 4 |
| Combined Jewish Philanthropies of Greater Boston | $315K | 3 |
| Boston Foundation | $176K | 3 |
| United Way of Massachusetts Bay | $150K | 2 |
| Silicon Valley Community Foundation | $60K | 1 |
| National Philanthropic Trust | $46K | 3 |
Leadership
MARKITA MORRIS-LOUIS — PRESIDENT (Principal officer)
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