named programs · 3 · from sources
What they call their work
Energy Efficiency for All
Grant-funded initiative supporting energy efficiency programs with a focus on environmental justice, administered through Movement Strategy Center.
Trusted Elections Fund
Supports election integrity and trust through grants distributed via New Venture Fund.
Youth Organizing for Climate Action and Racial Equity
Funded through a $5 million grant to Bend the Arc, a Jewish partnership for justice, to mobilize youth around climate and racial equity.
activities · 5 groups
What they do
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Flexible Grants to Grassroots Organizations 5 activities
- Funding "Toward a Freedom to Thrive" initiative via Community ChangeAwards grants to Community Change to support the "Toward a Freedom to Thrive" initiative, which promotes racial and economic justice through community organizing and policy advocacy.
- Funding 2024 Civic Engagement Rapid Response activities via Community ChangeProvides funding to Community Change for rapid-response civic engagement efforts in 2024, including voter outreach and mobilization in marginalized communities.
- Funding Energy Efficiency for All initiative via Movement Strategy CenterFinances the Energy Efficiency for All initiative through a grant to the Movement Strategy Center, aiming to advance equitable energy policies and reduce utility burdens in underserved communities.
- Funding environmental justice through grassroots power building via Windward FundFinances environmental justice initiatives through the Windward Fund, with a focus on strengthening grassroots organizations and advancing climate equity.
- Funding youth organizing in climate action and racial equity via Bend the ArcSupports youth-led organizing at the intersection of climate action and racial justice through a grant to Bend the Arc.
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Human Rights Advocacy Funding 2 activities
- Funding Trusted Elections Fund via New Venture FundSupports election integrity and democratic participation by funding the Trusted Elections Fund through a grant to the New Venture Fund.
- Funding democracy strengthening through economic and racial justice via Center for American ProgressProvides financial support to the Center for American Progress to advance policy solutions that strengthen democracy by promoting economic and racial justice.
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General Operating Support Grants 1 activity
- Funding general partnership recommitment to Blue Meridian Partners IncProvides grant funding to Blue Meridian Partners Inc through a general partnership recommitment, supporting large-scale philanthropic initiatives focused on economic mobility and equity.
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Charitable Grantmaking to Specific Causes 1 activity
- Funding the Solidarity Fund via Amalgamated Charitable Foundation IncAwards grants to Amalgamated Charitable Foundation Inc to support the Solidarity Fund, which advances social and economic justice causes.
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Uncategorized 3 activities
- Funding Knowledge & Innovation Fund via Bridgespan Group IncFinances the Knowledge & Innovation Fund through a grant to Bridgespan Group Inc, supporting research, tools, and insights to improve philanthropic effectiveness.
- Funding Picower Institute Innovation Fund (PIIF) at Massachusetts Institute of TechnologyProvides grant support to MIT for the Picower Institute Innovation Fund, which advances neuroscience research and innovation in brain science.
- Funding general operating support for Voter Registration ProjectProvides general operating support grants to the Voter Registration Project to enhance civic participation and voter engagement efforts.
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financials · form 990PF · fy2024
revenue
Total revenue$1.13B
Contributions & grants$1.20M0%
Program service revenue——
Investment income$58.32M5%
Other revenue$1.07B
expenses
Total expenses$50.18M
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits$4.08M
Grants paid out$469.97M
balance sheet
Total assets$3.36B
Cash—
Investments—
Liabilities—
Net assets$3.36B
4 years on record · 2020–2024 · YoY revenue +249.6%
leadership · form 990 part vii · fy2024
Who runs it
paid leadership · 11
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| GERALD C MCNAMARA | CIO | 40 | $1.29M |
| APRIL C FREILICH | COO, EX. VP (THRU 12/13/24) | 40 | $1.01M |
| DEEPAK BHARGAVA | PRESIDENT/VICE CHAIR (FROM 2/15/24) | 40 | $848K |
| DEEPAK PATERIYA | SVP, STRATEGY & MGMT (FROM 2/6/24) | 40 | $444K |
| DANIEL ALTSCHULER | TREASURER (FROM 12/13/24) | 40 | $365K |
| RAKIM BROOKS | GENERAL COUNSEL (FROM 5/15/24) | 40 | $263K |
| BARBARA PICOWER | PRESIDENT EMERITA/CHAIR (FROM 2/15/24) | 40 | $126K |
| ALAN JENKINS | TRUSTEE (FROM 1/19/24) | 3 | $35K |
| CECILIA MUNOZ | TRUSTEE (FROM 1/1/24) | 3 | $35K |
| HAHRIE HAN | TRUSTEE (FROM 1/1/24) | 3 | $35K |
| KIERRA JOHNSON | TRUSTEE (FROM 1/1/24) | 3 | $35K |
board members · 2
- MARY KAY HENRY — TRUSTEE (FROM 1/1/24)
- SUSAN C FRUNZI — TRUSTEE
relationships · 11
Who they work with
- AMALGAMATED CHARITABLE FOUNDATION INC Partner — Receives funding for the Solidarity Fund.
- BEND THE ARC A JEWISH PARTNERSHIP FOR JUSTICE Partner — Receives funding for youth organizing in climate action and racial equity.
- BLUE MERIDIAN PARTNERS INC Partner — Receives funding for general partnership recommitment.
- BRIDGESPAN GROUP INC Partner — Receives funding for the Knowledge & Innovation Fund.
- CENTER FOR AMERICAN PROGRESS Partner — Receives funding to strengthen democracy by advancing economic and racial justice.
- COMMUNITY CHANGE Partner — Receives funding for civic engagement and freedom-focused initiatives.
- MASSACHUSETTS INSTITUTE OF TECHNOLOGY Partner — Receives funding for the Picower Institute Innovation Fund.
- MOVEMENT STRATEGY CENTER Partner — Receives funding for Energy Efficiency for All initiative.
- NEW VENTURE FUND Partner — Receives funding for the Trusted Elections Fund.
- VOTER REGISTRATION PROJECT Partner — Receives general operating support.
- WINDWARD FUND Partner — Receives funding to advance environmental justice through grassroots power building.