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Nonprofiteer
← FREEWILL IMPACT FUND

Form 990 for tax year 2024

Filed by FREEWILL IMPACT FUND.

Totals

Total revenue
$11,892,814
Total expenses
$11,894,310
Contributions and grants received
$11,891,225
Grants paid
$11,852,523
Program service revenue
$0
Investment income
$1,589
Other revenue
$0
Total assets, end of year
$1,024,177
Total liabilities, end of year
$1,022,783
Net assets or fund balances, end of year
$1,394
Program services expenses (Part IX)
$11,893,782
Management and general expenses
$528
Fundraising expenses
$0
Program service expenses (Part III)
$11,893,782

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $11,891,225

  • 1g · Noncash contributions included above

    $11,891,225

  • 3 · Investment income

    total $1,589 · excluded $1,589

  • 7a · Gross sales of assets other than inventory

    securities $11,891,225

  • 7b · Less cost or other basis and sales expenses

    securities $11,891,225

  • 7c · Gain or loss

    securities $0

  • 7d · Net gain or loss

    total $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $11,852,523 · program services $11,852,523

  • 13 · Office expenses

    total $528 · management and general $528

  • 24a · Other expenses: PROCESSING FEES

    total $41,259 · program services $41,259

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $585,886 · end of year $360,794

  • 3 · Pledges and grants receivable

    beginning of year $1,002,130 · end of year $663,383

  • 17 · Accounts payable and accrued expenses

    beginning of year $174,880 · end of year $221,561

  • 18 · Grants payable

    beginning of year $1,410,246 · end of year $801,222

  • 27 · Net assets without donor restrictions

    beginning of year $2,890 · end of year $1,394

Mission and programs · 2024

Mission

FREEWILL IMPACT FUND'S MISSION IS TO MAKE CHARITABLE GIVING ESPECIALLY EASY, SO DONORS CAN SUPPORT THEIR FAVORITE NONPROFIT ORGANIZATIONS WITHOUT TRADITIONAL PAIN POINTS IN NON-CASH GIVING, AND MAKE A TRULY REMARKABLE IMPACT ON THE WORLD.

Activities or mission (Part I)

MAKING CHARITABLE NON-CASH GIVING TO NONPROFIT ORGANIZATIONS EASY.

  • FREEWILL IMPACT FUND OPERATES A DONOR ADVISED FUND. IT MAKES GRANTS OUT OF ITS ASSETS TO OTHER QUALIFYING NONPROFIT ORGANIZATIONS CONSIDERING RECOMMENDATIONS FROM THE ORIGINAL DONORS REGARDING WORTHY ORGANIZATIONS. FREEWILL IMPACT FUND'S MISSION IS TO MAKE CHARITABLE GIVING ESPECIALLY EASY, SO DONORS CAN SUPPORT THEIR FAVORITE NONPROFIT ORGANIZATIONS WITHOUT TRADITIONAL PAIN POINTS IN NON-CASH GIVING AND MAKE A TRULY REMARKABLE IMPACT ON THE WORLD.

    Expenses $11,893,782 · Grants $11,852,523

As filed on the 2024 return.

Listed in Part VII

  • JENNIFER XIA SPRADLING

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • KATHRYN ZEALAND

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • JOHN GOEDERT

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • ANDREW NICK

    CHIEF LEGAL OFFICER (THRU 12/17/24)

    Total calculated
    $0
    Hours/week
    2

  • CHARLES A BOREK

    CHIEF LEGAL OFFICER

    Total calculated
    $0
    Hours/week
    2

  • ALLISON LEE

    VP, LEGAL/COMPLIANCE (THRU 04/12/24)

    Total calculated
    $0
    Hours/week
    3

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2024
Filed
13 November 2025
IRS schema version
2024v5.2
Source object
202503189349308315

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.