named programs · 10 · from sources
What they call their work
+LAPENA Habitar Zero Income Initiative
Addresses housing insecurity and poverty through financial empowerment programs.
Advancing Tech Pathways & Women of Color Coalition Program
Expands tech career opportunities for women of color through workforce training and coalition-building.
Asia Pacific Youth Co:Lab Initiative
Promotes youth workforce development and entrepreneurship in the Asia Pacific region.
Community Progress Makers Learning Community Initiative
Funds research and knowledge-sharing to strengthen community development organizations, in partnership with Urban Institute and Philanthropy New York.
MDI ConnectTech Initiative
Supports minority depository institutions in expanding access to technology and financial services for underserved communities.
MI-CHANGE Voucher Initiative
Supports financial inclusion projects via Charities Aid Foundation America.
Own Your Future Initiative
Promotes youth entrepreneurship education through school-based programs.
Reducing Streetism and Homelessness Project
Funds interventions to reduce homelessness and support reintegration.
Resilient Futures 5 Project
Supports refugee integration and economic resilience through partnerships with the International Rescue Committee.
Summer Jobs Connect Initiative
Provides summer employment opportunities for youth in low-income communities.
activities · 5 groups
What they do
-
Charitable Grantmaking to Specific Causes 6 activities
- Funding the +LaPena Habitar Zero Income InitiativeFunds the +LaPena Habitar Zero Income Initiative through a grant to Charities Aid Foundation America.
- Funding the Alliance Building Capacity InitiativeFunds the Alliance Building Capacity Initiative through a grant to the African American Alliance of CDFI CEOs Inc.
- Funding the Asia Pacific Youth Co:Lab InitiativeFunds the Asia Pacific Youth Co:Lab Initiative through a grant to the United Nations Development Programme.
- Funding the Reducing Streetism and Homelessness ProjectFunds the Reducing Streetism and Homelessness Project through a grant to Charities Aid Foundation America.
- Funding the Resilient Futures 5 ProjectFunds the Resilient Futures 5 Project through a grant to the International Rescue Committee Inc.
- Funding the Summer Jobs Connect InitiativeFunds the Summer Jobs Connect Initiative through a grant to Cities for Financial Empowerment Fund Inc.
-
-
Women's Educational Advancement 1 activity
- Funding the Advancing Tech Pathways & Women of Color Coalition ProgramFunds the Advancing Tech Pathways & Women of Color Coalition Program through a grant to NPower Inc.
-
-
Donor-Advised Fund Grantmaking 1 activity
- Funding the MI-Change Voucher InitiativeFunds the MI-Change Voucher Initiative through a grant to Charities Aid Foundation America.
-
-
Flexible Grants to Grassroots Organizations 1 activity
- Funding the Own Your Future InitiativeFunds the Own Your Future Initiative through a grant to Network for Teaching Entrepreneurship.
-
-
Uncategorized 2 activities
- Funding the Community Progress Makers Learning Community InitiativeFunds the Community Progress Makers Learning Community Initiative through grants to the Urban Institute and Philanthropy New York Inc.
- Funding the MDI ConnectTech InitiativeFunds the MDI ConnectTech Initiative through a grant to National Bankers Community Alliance Inc.
-
financials · form 990PF · fy2024
revenue
Total revenue$80.16M
Contributions & grants$78.72M98%
Program service revenue——
Investment income$1.44M2%
Other revenue—
expenses
Total expenses$22K
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits$0
Grants paid out$66.88M
balance sheet
Total assets$101.47M
Cash—
Investments—
Liabilities—
Net assets$69.80M
4 years on record · 2020–2024 · YoY revenue -4.8%
leadership · form 990 part vii · fy2024
Who runs it
board members · 8
- DAVID LIVINGSTONE — DIRECTOR
- EDWARD SKYLER — CHAIR
- ERNESTO TORRES CANTU — DIRECTOR
- MARK MASON — DIRECTOR
- PETER BABEJ — DIRECTOR (UNTIL 6/30/2024)
- SARA WECHTER — DIRECTOR
- TITI COLE — DIRECTOR (UNTIL 6/30/2024)
- VISWAS RAGHAVAN — DIRECTOR (AS OF 7/11/2024)
relationships · 10
Who they work with
- AFRICAN AMERICAN ALLIANCE OF CDFI CEOS INC Partner — Receives funding for the Alliance Building Capacity Initiative
- CHARITIES AID FOUNDATION AMERICA Partner — Receives funding for multiple initiatives including MI-Change Voucher Initiative, +LaPena Habitar Zero Income Initiative, and Reducing Streetism and Homelessness Project
- CITIES FOR FINANCIAL EMPOWERMENT FUND INC Partner — Receives funding for the Summer Jobs Connect Initiative
- INTERNATIONAL RESCUE COMMITTEE INC Partner — Receives funding for the Resilient Futures 5 Project
- NATIONAL BANKERS COMMUNITY ALLIANCE INC Partner — Receives funding for the MDI ConnectTech Initiative
- NETWORK FOR TEACHING ENTREPRENEURSHIP Partner — Receives funding for the Own Your Future Initiative
- NPOWER INC Partner — Receives funding for the Advancing Tech Pathways & Women of Color Coalition Program
- PHILANTHROPY NEW YORK INC Partner — Receives funding for the Community Progress Makers Learning Community Initiative
- UNITED NATIONS DEVELOPMENT PROGRAMME Partner — Receives funding for the Asia Pacific Youth Co:Lab Initiative
- URBAN INSTITUTE Partner — Receives funding for the Community Progress Makers Learning Community Initiative