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PERCENT IMPACT FOUNDATION
NEW YORK, NY · EIN 873165286 · Form 990 · FY2023 · NTEE T12 · Philanthropy & Grantmaking · Small ($100K-$1M) · us-if.org
revenue
$268K
expenses
$244K
net assets
$26K
employees
0
volunteers
3
program ratio
95%
mission · from form 990

OUR OBJECTIVE IS TO PROMOTE THE EFFICACY OF THE CHARITY SECTOR BY INCREASING DONOR CONTRIBUTIONS TO CHARITIES, WHERE THE DONORS ARE GIVEN THE OPPORTUNITY TO MAKE A RECOMMENDATION AS TO THE RECIPIENT OF THE FUNDS WILL BE TREATED AS A "DONOR ADVISED FUND" AS DEFINED UNDER SECTION 4966(D)(2) OF THE CODE. WE VET ALL BENEFITTING CHARITIES TO ENSURE THEY MEET OUR STRICT ELIGIBILITY CRITERIA AND USE THE CHARITABLE FUNDS WE DELIVER FOR CHARITABLE PURPOSES FOR THE PUBLIC BENEFIT ONLY.

profile · synthesized from sources

Donor-advised fund that receives contributions from individuals and corporate partners, then disburses grants to IRS-recognized public charities across the United States. Focuses on increasing charitable giving efficiency through technology and automation. Partners with Goodstack to distribute donations recommended by donors via digital platforms.

named programs · 2 · from sources

What they call their work

Charity Disbursement Program
Aggregates and disburses monthly donations to over 1 million U.S. public charities, with a $45 minimum threshold and 12-month maximum hold period
Donor Advised Fund
Facilitates tax-deductible donations through a donor-advised fund structure, allowing donors to recommend grants to eligible charities
activities · 2 groups

What they do

  • Donor-Advised Fund Grantmaking 1 activity
    • Funding disbursement for donor-advised charitable giving
      Operates as a donor-advised fund that processes and disburses donations to over 1 million IRS-recognized 501(c)(3) public charities across the United States, aggregating contributions into monthly payments and releasing funds either when a $45 minimum threshold is met or after twelve months if the threshold is not reached.
  • Community Service and Charitable Outreach 1 activity
    • Public education and advocacy for charitable giving
      Facilitates charitable donations, educates the public about charitable giving, and promotes philanthropy by increasing visibility for charitable causes and raising public awareness.
financials · form 990 · fy2023
revenue
Total revenue$268K
Contributions & grants$268K100%
Program service revenue$00%
Investment income$00%
Other revenue$0
expenses
Total expenses$244K
Program expenses95%
Admin / overhead3%
Fundraising2%
Salaries & benefits$0
Grants paid out$229K
Largest expense lineProfessional Fees
balance sheet
Total assets$28K
Cash$28K
Investments$0
Liabilities$2K
Net assets$26K
Liquid reserves1.4 mo
1 years on record · 2023–2023
leadership · form 990 part vii · fy2023

Who runs it

board members · 3
  • BRENDA HALKIAS — PRESIDENT
  • LARA NAGOSKI — TREASURER
  • LUCIE GREENE — SECRETARY
relationships · 2

Who they work with

  • Goodstack Partner — Partners with Goodstack to distribute charitable donations safely and securely to charities across the United States.
  • Goodstack Partner — Partnership to distribute charitable donations in the United States from Goodstack's platform to eligible charitable organizations.
strategies · 3

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.