named programs · 4 · from sources
What they call their work
HealthySteps
Investee program that integrates child development specialists into primary care teams to improve developmental outcomes for children ages 0–3.
Per Scholas
Investee organization that upskills workers nationwide for sustainable careers in the tech industry through training and workforce development programs.
Place Matters
Place-based investment portfolio that supports community-driven strategies to improve economic and social mobility in specific U.S. regions through local partnerships and cradle-to-career support systems.
The Studio @ Blue Meridian
Provides social sector leaders with flexible capital and coaching to accelerate organizational readiness for scaling impact, reach, and influence in advancing economic mobility.
activities · 5 groups
What they do
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Flexible Grants to Grassroots Organizations 4 activities
- Funding place-based partnerships for community-driven mobility strategiesFunds and supports place-based partnerships across the U.S. that implement community-driven, outcomes-focused strategies to improve economic and social mobility for youth and families living in poverty.
- Funding policy-influencing and infrastructure-building organizationsInvests in organizations that influence public policy and build infrastructure to support sustained economic and social mobility, amplifying systemic change.
- Funding strategies to reduce criminal justice system impactsFunds solutions aimed at reducing convictions and incarcerations while improving economic and social mobility for individuals affected by the criminal justice system.
- Supporting Edna McConnell Clark Foundation’s Youth Development Fund granteesHelps fulfill the Edna McConnell Clark Foundation’s commitments to its Youth Development Fund grantees by providing continued funding and support.
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Program Monitoring & Evaluation 1 activity
- Conducting rigorous due diligence and performance reporting for philanthropic partnersConducts rigorous sourcing, due diligence, and ongoing performance reporting on investment opportunities to inform and support philanthropic partners.
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Charitable Grantmaking to Specific Causes 1 activity
- Deploying emergency funding for pandemic responseDeployed over $150 million in capital for COVID-19 emergency response efforts, supporting vulnerable communities and families disproportionately affected by the pandemic.
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Nonprofit Capacity Building Services 1 activity
- Providing capital and coaching for scaling social sector organizationsProvides flexible capital, coaching, and tailored support through The Studio @ Blue Meridian to accelerate the readiness and scaling capacity of social sector organizations for transformative growth and impact.
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Uncategorized 2 activities
- Funding scalable solutions to improve economic and social mobilityFunds and scales evidence-based, market-leading strategies that increase economic and social mobility for young people and families in the United States through long-term, performance-based investments. Has committed over $4 billion in pooled capital from philanthropists to support these efforts.
- Investing in cradle-to-career strategies to overcome key life barriersMakes long-term, performance-based investments in strategies that support individuals from cradle to career, helping them overcome barriers such as unplanned pregnancy and early exposure to violence.
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financials · form 990 · fy2023
revenue
Total revenue$199.49M
Contributions & grants$149.05M75%
Program service revenue$3.13M2%
Investment income$47.32M24%
Other revenue$0
expenses
Total expenses$404.51M
Program expenses97%
Admin / overhead2%
Fundraising1%
Salaries & benefits$29.74M
Grants paid out$352.94M
Largest expense lineCompensation
balance sheet
Total assets$2.07B
Cash$44.53M
Investments$805.07M
Liabilities$12.78M
Net assets$2.05B
Liquid reserves25.2 mo
5 years on record · 2019–2023 · YoY revenue -43.5%
leadership · form 990 part vii · fy2023
Who runs it
paid leadership · 16
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| NANCY ROOB | CEO | 50 | $1.32M |
| JAMES H SHELTON PRESIDENT | CHIEF INVESTMENT AND IMPACT OFFICER | 50 | $1.01M |
| KAY NEMOTO CHIEF FINANCIAL | BUSINESS OFFICER & TREASURER | 50 | $777K |
| TIA BREAKLEY CHIEF STRAT | DEVELOP. OFF./CHIEF GOVERN. OFF. | 50 | $724K |
| KELLY L CAMPBELL | MAN. DIR., PORTFOLIO STRATEGY & MGMT | 50 | $670K |
| MICAH L CARR | CHIEF BRANDING OFFICER | 50 | $664K |
| CECILIA GUTIERREZ | MAN. DIR., PORTFOLIO STRATEGY & MGMT | 50 | $623K |
| MINDY S TARLOW MAN DIR PORTFOLIO | STRATEGY & MGMT (UNTIL 12/31/23) | 50 | $620K |
| LISSETTE RODRIGUEZ | MAN. DIR., PORTFOLIO STRATEGY & MGMT | 50 | $620K |
| MALGORZATA LONG | MAN. DIR., PORTFOLIO STRATEGY & MGMT | 50 | $590K |
| ELIZABETH PAWLSON | MAN. DIR., PORTFOLIO STRATEGY & MGMT | 50 | $588K |
| SPENCER KYMPTON | MAN. DIR., PORTFOLIO STRATEGY & MGMT | 50 | $587K |
| ALBERT CHUNG | CORPORATE SECRETARY (FROM 1/16/24) | 50 | $520K |
| RALPH STEFANO FORMER TREASURER | SECRETARY/CFO | 50 | $462K |
| TIFFANY GUEYE | FORMER SENIOR ADVISOR | 50 | $350K |
| GEOFFREY CANADA SEE SCH O | DIRECTOR | 5 | $60K |
board members · 8
- CONNIE BALLMER — DIRECTOR
- GEORGE PAVLOV — DIRECTOR
- JAMES M CLARK — DIRECTOR
- KEVIN W KENNEDY — DIRECTOR
- RANDI TEPPER — DIRECTOR
- STACY SCHUSTERMAN — DIRECTOR
- STANLEY DRUCKMILLER — BOARD CHAIR
- W DON CORNWELL — DIRECTOR
relationships · 30
Who they work with
- Arrow Impact Partner — Philanthropic partner focused on economic prosperity for under-resourced communities and funder collaboration.
- Arthur M. Blank Family Foundation Partner — Regional partner anchoring investments in Atlanta’s Westside and other focus areas including youth development and mental health.
- Ascendium Education Group Partner — Philanthropic partner investing in postsecondary education and workforce training for low-income learners.
- Ballmer Group, Philanthropy Partner — General partner supporting economic mobility for children and families in poverty.
- Bloomberg Philanthropies Partner — General partner working across education, public health, government innovation, and the environment.
- Charles and Lynn Schusterman Family Philanthropies Partner — General partner focused on youth empowerment, public education, and Jewish community strengthening.
- Coleman Family Ventures Partner — Impact partner investing in early childhood, climate, and New York City–based initiatives.
- Edna McConnell Clark Foundation Partner — Incubated Blue Meridian Partners and transitioned staff and operations; serves as a founding partner and collaborates on fulfilling grantee commitments.
- Eugene and Marilyn Stein Family Foundation Partner — Impact partner investing in at-risk children, with emphasis on infants and toddlers.
- George Kaiser Family Foundation Partner — General partner focused on early childhood education, health, and civic enhancement in Tulsa.
- Giving Compass Partner — Platform where Blue Meridian is featured to help donors explore effective giving opportunities.
- Knight Foundation Partner — General partner supporting social progress through education, arts, and community development.
- Loud Hound Foundation Partner — Impact partner affiliated with Crankstart, supporting education, housing security, civil rights, and climate action.
- MacKenzie Scott Partner — General partner and signatory of the Giving Pledge, contributing to Blue Meridian’s pooled fund.
- Nancy Roob Government — Founder and Executive Chair of Blue Meridian Partners, providing strategic leadership and vision.
- Pivotal Partner — General partner advancing women's power and influence through philanthropy and advocacy.
- Stand-alone nonprofits serving young people and families in poverty Partner — Invests in stand-alone nonprofits with a history of service to young people and families in poverty in the U.S.
- The Druckenmiller Foundation Partner — General partner supporting education, medical research, and anti-poverty efforts.
- The Duke Endowment Partner — General partner focused on child well-being, health, and education in North and South Carolina.
- The Edna McConnell Clark Foundation Partner — Impact partner making large, long-term investments in high-performing nonprofits serving youth in poverty.
- The Justice and Mobility Fund Coalition — Philanthropic collaboration co-investing in economic and social mobility for people impacted by the criminal justice system.
- The Monarch Foundation Partner — Impact partner scaling inclusive solutions to early childhood poverty and climate change.
- The Samberg Family Foundation Partner — General partner supporting education, family health, and Jewish life.
- The Sergey Brin Family Foundation Partner — General partner guided by founder experience in supporting transformative social initiatives.
- The Tepper Foundation Partner — General partner funding basic needs, disaster relief, Jewish community support, and nonprofit strengthening.
- Valhalla Foundation Partner — Impact partner focused on early childhood development, K12 education, medical research, and environmental innovation.
- ZOOM Foundation Partner — General partner investing in education equity and science-based climate strategies.
- nonprofit leaders Partner — Trusted partners whose visions and expertise guide investment and scaling decisions.
- philanthropists Partner — Collaborates with philanthropists to pool capital and fund scalable solutions.
- values-aligned philanthropists Partner — Collaborates with philanthropists who share core values to pool resources and invest collectively in high-impact solutions.
strategies · 5
How they approach the work
Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.
- Collaborative Philanthropy with Pooled Capitalmethodology: collaborative_philanthropyBy aggregating capital from aligned philanthropists into a unified funding pool, we increase the scale and effectiveness of investments because collective resources enable larger, sustained support for high-impact solutions and attract additional public and private co-investment.
- Flexible, Long-Term Capital Paired with Non-Financial Supportmethodology: adaptive scaling supportBy combining flexible, multi-year funding with tailored non-financial support, we enable organizations to scale effectively because sustained capital and adaptive assistance allow leaders to navigate complex growth challenges and focus on execution.
- Leader-Centered Scaling of Evidence-Based Solutionsmethodology: leader-centered_scalingBy trusting nonprofit leaders to guide transformative change, we enhance program effectiveness because centering organizational expertise in design and implementation leads to more adaptive, authentic, and sustainable scaling.
- National and Local Reinforcement Through Place-Based and National Strategiesmethodology: national-and-local-reinforcementBy simultaneously scaling national evidence-based solutions and supporting community-driven local initiatives, we create enduring change because national models provide proven frameworks while place-based efforts ensure relevance and adaptation to local contexts.
- Performance-Based Investing with Measurable Outcomesmethodology: performance-based_investingBy providing large-scale, performance-based funding to proven social programs, we drive impact because tying financial support to measurable outcomes ensures accountability and incentivizes effective, results-oriented implementation.