From public IRS filings
INITIATIVE FOR A COMPETITIVE INNER CITY INC
ROXBURY, MA · Housing & Shelter
Mission
ICIC DRIVES INCLUSIVE ECONOMIC PROSPERITY IN UNDER-RESOURCED COMMUNITIES THROUGH INNOVATIVE RESEARCH AND PROGRAMS TO CREATE JOBS, INCOME, AND WEALTH FOR LOCAL RESIDENTS.
Financials (IRS Form 990)
Total revenue
$9.9M
Total expenses
$7.9M
Total assets
$13.7M
Program expense ratio
80%
Source: IRS Form 990, tax year 2024.
Who funds INITIATIVE FOR A COMPETITIVE INNER CITY INC
$22M in foundation grants on record from 46 funders — matched from IRS 990 grant line items. Some matches may be approximate.
| Funder | Total given | Grants |
|---|---|---|
| Goldman Sachs Foundation | $9.9M | 4 |
| East Bay Community Foundation | $3M | 2 |
| Blackbaud Giving Fund | $2.1M | 3 |
| Yum Brands Foundation | $1.9M | 4 |
| American Online Giving Foundation | $510K | 5 |
| Michael E Porter Family Foundation | $429K | 3 |
| Kaiser Foundation Hospitals | $360K | 1 |
| Fidelity Investments Charitable Gift Fund | $339K | 4 |
| California Community Foundation | $300K | 1 |
| Robert Wood Johnson Foundation | $274K | 3 |
Leadership
STEVE GROSSMAN — CEO (Principal officer)
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