From public IRS filings

New Impact Fund

MINNEAPOLIS, MN · Philanthropy & Voluntarism

EIN (Tax ID): 46-5187324Latest Form 990: 2024IRS ruling year: 2014Find their 990 filing →

Built from IRS filings (latest Form 990: tax year 2024). New Impact Fund has not reviewed or approved this page. Kindora is not affiliated with it.

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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.

Financials (IRS Form 990)

Total revenue
$784K
Total expenses
$1M
Total assets
$1.1M
Program expense ratio
87%

Source: IRS Form 990, tax year 2024.

Who funds New Impact Fund

$1.8M in foundation grants on record from 20 funders — matched from IRS 990 grant line items. Some matches may be approximate.

Leadership

ALICIA R PHILLIPS — EXECUTIVE DIRECTOR (Principal officer)

Names of officers and trustees come from the organization's public filings and leave this page when a later filing drops them. If you are named here and object, write to privacy@kindora.co.