Form 990 for tax year 2024
Filed by IMPACT INVESTING CHARITABLE TRUST.
Totals
- Total revenue
- $159,368,334
- Total expenses
- $47,103,108
- Contributions and grants received
- $156,428,484
- Grants paid
- $34,142,936
- Program service revenue
- $927,665
- Investment income
- $1,999,343
- Other revenue
- $12,842
- Total assets, end of year
- $431,058,809
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $431,058,809
- Program services expenses (Part IX)
- $47,102,963
- Management and general expenses
- $145
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $47,102,963
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.
-
1d · Related organizations
$151,239,420
-
1f · All other contributions, gifts and grants
$5,189,064
-
1g · Noncash contributions included above
$5,189,064
-
2a · Program service revenue: PROGRAM INTEREST INCOME
total $907,665 · related or exempt $907,665
-
2b · Program service revenue: PROGRAM RENTAL INCOME
total $20,000 · related or exempt $20,000
-
3 · Investment income
total $7,999,658 · excluded $7,999,658
-
7b · Less cost or other basis and sales expenses
securities $6,000,315
-
7c · Gain or loss
securities -$6,000,315
-
7d · Net gain or loss
total -$6,000,315 · excluded -$6,000,315
-
11a · Other revenue: UBIT TAX REFUNDS
total $12,842 · related or exempt $12,842
-
11e · Other revenue, total
$12,842
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $34,142,936 · program services $34,142,936
-
11g · Fees: other
total $280 · program services $280
-
13 · Office expenses
total $161 · program services $16 · management and general $145
-
16 · Occupancy
total $6,240 · program services $6,240
-
22 · Depreciation, depletion and amortization
total $15,579 · program services $15,579
-
24a · Other expenses: EQUITIES WRITTEN OFF
total $8,397,683 · program services $8,397,683
-
24b · Other expenses: LOANS FORGIVEN
total $3,189,884 · program services $3,189,884
-
24c · Other expenses: LOANS WRITTEN OFF
total $942,542 · program services $942,542
-
24d · Other expenses: FEDERAL/STATE TAXES PAI
total $256,523 · program services $256,523
-
24e · All other expenses
total $151,280 · program services $151,280
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $225,095 · end of year $99,583
-
4 · Accounts receivable
end of year $117,626
-
7 · Other notes and loans receivable
beginning of year $15,785,959 · end of year $16,520,346
-
10a · Land, buildings and equipment: cost or other basis
$504,043
-
10b · Land, buildings and equipment: accumulated depreciation
$109,056
-
10c · Land, buildings and equipment, net
beginning of year $410,566 · end of year $394,987
-
12 · Investments: other securities
beginning of year $192,353,684 · end of year $262,599,026
-
13 · Investments: program-related
beginning of year $96,122,660 · end of year $149,861,839
-
15 · Other assets
beginning of year $1,609,213 · end of year $1,465,402
-
27 · Net assets without donor restrictions
beginning of year $306,507,177 · end of year $431,058,809
Mission and programs · 2024
Mission
INVESTING CHARITABLE CAPITAL TO CREATE ECONOMIC, SOCIAL, AND SPIRITUAL TRANSFORMATION
-
THE ORGANIZATION FUNDS PROJECTS WITH A CHARITABLE PURPOSE OR A MISSION THAT ALIGNS WITH CHARITABLE CAUSES IN ADDITION TO PROVIDING A RETURN FOR FUTURE GRANTMAKING ACTIVITIES TO CHARITABLE ORGANIZATIONS.
Expenses $47,102,963 · Grants $34,142,936 · Revenue $940,507
As filed on the 2024 return.
Listed in Part VII
-
Impact Investing Charitable Fdn IncIMPACT INVESTING CHARITABLE FDN INC
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Delaware Trust CompanyDELAWARE TRUST COMPANY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Aimee MinnichAIMEE MINNICH
CIO
- Total calculated
- $348,826
- From this org
- $0
- From related orgs
- $323,285
- Other
- $25,541
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $323,285 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $13,612 related
- Nontaxable benefits
- $0 + $11,929 related
- Filer's total
- $0 + $348,826 related
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 3
- THE RELATED ORGANIZATION USES A COMPENSATION COMMITTEE, FORM 990'S OF OTHER ORGANIZATIONS, AND COMPENSATION SURVEYS TO ESTABLISH THE COMPENSATION OF THE CEO AND CIO. THE BOARD APPROVES THE COMPENSATION.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
IMPACT INVESTING CHARITABLE FOUNDATION
$30,190,027
FURTHER CHARITABLE PURPOSE
-
$600,000
SERVICES FOR THOSE IN NEED
-
THE FLOURISHING COOPERATIVE
$500,000
FAITH MISSION COOPERATIVE
-
FURTHER CHARITABLE PURPOSE
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
IMPACT INVESTING CHARITABLE FOUNDATION INC
501(C)(3) · PROGRAM-RELATED INVESTMENTS; FUNDING CHARITABLE ACTIVITIES · GA
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
RENTAL PROPERTY · KY · income $20,000 · assets $493,567
Directly controlled by IMPACT INVESTING CHARITABLE TRUST
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
1858 HIGHWAY 64
RELATED · AGRICULTURAL/NATURE EDUCATION · WI · 99% owned · share of assets $2,500,000
Directly controlled by IMPACT INVESTING CHARITABLE TRUST
-
ADL HOLDING LLC
RELATED · POVERTY ALLEVIATION · GA · 98% owned · share of income -$1,507,944
Directly controlled by IMPACT INVESTING CHARITABLE TRUST
-
ALPHA CHARITABLE LLC
RELATED · GENEROSITY · NE · 99% owned · share of income -$47,081 · share of assets $55,586
Directly controlled by IMPACT INVESTING CHARITABLE TRUST
-
ARBORETUM US HOLDINGS LLC
RELATED · INVESTING · FL · 74.1% owned · share of income -$6,892 · share of assets $301,892
Directly controlled by IMPACT INVESTING CHARITABLE TRUST
-
ATLAS ROCK LLC
RELATED · RECREATION · CO · 65% owned · share of income $3,320
Directly controlled by IMPACT INVESTING CHARITABLE TRUST
-
AVENTON OKLAHOMA LLC
RELATED · POVERTY ALLEVIATION · OK · 74.25% owned · share of income -$483 · share of assets $108,304
Directly controlled by IMPACT INVESTING CHARITABLE TRUST
-
CHERITH ANALYTICS LLC
RELATED · EVANGELISM/DISCIPLESHIP · CA · 99% owned · share of income -$9,868,974 · share of assets $22,147,455
Directly controlled by IMPACT INVESTING CHARITABLE TRUST
-
COMMON CLAY PICTURES LLC
RELATED · FILM · WA · 50% owned · share of income -$42,749 · share of assets $397,266
Directly controlled by IMPACT INVESTING CHARITABLE TRUST
-
CONNEXION MOROCCO LLC
RELATED · EDUCATION · OK · 79.59% owned · share of income -$564 · share of assets $242,834
Directly controlled by IMPACT INVESTING CHARITABLE TRUST
-
EAGLE FREEDOM FUND LLC
UNRELATED · INVESTING · TX · 52.87% owned · share of income $40,147 · share of assets $1,018,138
Directly controlled by IMPACT INVESTING CHARITABLE TRUST
-
ELEMENT CONSTRUCTION LLC
UNRELATED · INVESTING · IL · 63.4% owned · share of income -$26,080 · share of assets $301,116
Directly controlled by IMPACT INVESTING CHARITABLE TRUST
-
EVERSEAL COATINGS LLC
UNRELATED · INVESTMENT · IL · 65% owned · share of income $103,375 · share of assets $1,041,568
Directly controlled by IMPACT INVESTING CHARITABLE TRUST
-
FELIX'S RESTAURANT GROUP FINANCE LLC
UNRELATED · INVESTING · LA · 99% owned · share of assets $3,440,000
Directly controlled by IMPACT INVESTING CHARITABLE TRUST
-
FLORIDA HURRICANE DISASTER RELIEF FUND LLC
RELATED · GENEROSITY · FL · 99% owned · share of income -$2,198,644 · share of assets $5,432,347
Directly controlled by IMPACT INVESTING CHARITABLE TRUST
-
FLOURISH OKC LLC
RELATED · GENEROSITY · OK · 99.9% owned · share of income -$1,431,565
Directly controlled by IMPACT INVESTING CHARITABLE TRUST
-
FUND I A SERIES OF MANAS ECOSYSTEMS FUND LLC
UNRELATED · INVESTING · DE · 100% owned · share of assets $552,056
Directly controlled by IMPACT INVESTING CHARITABLE TRUST
-
GLOBAL OCEAN INVESTMENT LLC
UNRELATED · INVESTING · SC · 99% owned · share of assets $128,500
Directly controlled by IMPACT INVESTING CHARITABLE TRUST
-
GOBENA LLC
UNRELATED · INVESTING · IL · 100% owned · share of income $233,713 · share of assets $548,716
Directly controlled by IMPACT INVESTING CHARITABLE TRUST
-
GRAND VALLEY OASIS PROPERTIES LLC
RELATED · INVESTING · CO · 80.61% owned · share of assets $420,000
Directly controlled by IMPACT INVESTING CHARITABLE TRUST
-
GREATER GOOD REAL ESTATE LLC
INVESTMENT · REAL ESTATE · TX · 99% owned · share of income $158,992 · share of assets $1,051,222
Directly controlled by IMPACT INVESTING CHARITABLE TRUST
-
HE LIVES FILM LLC
RELATED · FILM · CA · 99% owned · share of income -$28,639 · share of assets $40,073,220
Directly controlled by IMPACT INVESTING CHARITABLE TRUST
-
HIBM HER INESCAPABLE BRAVE MISSION LLC
INVESTMENT · INVESTING · NY · 62.5% owned · share of income -$55,740 · share of assets $16,664
Directly controlled by IMPACT INVESTING CHARITABLE TRUST
-
HTRANSFORMATIVE LLC
RELATED · WATER · KY · 99% owned · share of assets $48,500
Directly controlled by IMPACT INVESTING CHARITABLE TRUST
-
IMPOSSIBLE MATH LLC
RELATED · INVESTING · UT · 80.49% owned · share of income -$1,746,176 · share of assets $13,727,308
Directly controlled by IMPACT INVESTING CHARITABLE TRUST
-
INSYTS LLC
RELATED · HEALTHCARE · TX · 99% owned · share of income -$19,576 · share of assets $314,404
Directly controlled by IMPACT INVESTING CHARITABLE TRUST
-
KARIS MANAGEMENT GROUP
UNRELATED · REAL ESTATE · NC · 99.95% owned · share of income $1,107,490 · share of assets $4,393,597
Directly controlled by IMPACT INVESTING CHARITABLE TRUST
-
KMBRIGGS FATHER'S FUND LLC
RELATED · INVESTING · AL · 100% owned · share of income -$456 · share of assets $7,715
Directly controlled by IMPACT INVESTING CHARITABLE TRUST
-
LANTERN GLOBAL LLC
RELATED · INVESTING · NY · 99% owned · share of income -$72,056 · share of assets $1,707,289
Directly controlled by IMPACT INVESTING CHARITABLE TRUST
-
LEGACY VENTURES KINGDOM CAPITAL FUND
UNRELATED · INVESTING · IL · 53.23% owned · share of income $42,056 · share of assets $1,192,927
Directly controlled by IMPACT INVESTING CHARITABLE TRUST
-
LIFESONG IMPACT LLC
UNRELATED · INVESTING · IL · 99% owned · share of income -$1,442 · share of assets $219
Directly controlled by IMPACT INVESTING CHARITABLE TRUST
-
MALIBU MOROCCO LLC
RELATED · HOSPITALITY · OK · 89.6% owned · share of income -$9 · share of assets $94,071
Directly controlled by IMPACT INVESTING CHARITABLE TRUST
-
UNRELATED · REAL ESTATE · KS · 97.09% owned · share of income -$2,928 · share of assets $142,572
Directly controlled by IMPACT INVESTING CHARITABLE TRUST
-
PATTERNS OF EVIDENCE
UNRELATED · INVESTING · MN · 64.17% owned · share of income -$21,802 · share of assets $2,965,349
Directly controlled by IMPACT INVESTING CHARITABLE TRUST
-
POSSOM TROT FILM LLC
RELATED · INVESTING · TX · 99% owned · share of assets $18,521,844
Directly controlled by IMPACT INVESTING CHARITABLE TRUST
-
REFUGE COFFEE
RELATED · HOSPITALITY · IL · 100% owned · share of income -$70,932 · share of assets $19,068
Directly controlled by IMPACT INVESTING CHARITABLE TRUST
-
RENTAL IMPACT LLC
INVESTMENT · INVESTING · KS · 99% owned · share of income $103,961 · share of assets $986,299
Directly controlled by IMPACT INVESTING CHARITABLE TRUST
-
RESPONSIBLE AI NETWORK LLC
RELATED · TECHNOLOGY · TX · 98.4% owned · share of income -$65,315 · share of assets $130,296
Directly controlled by IMPACT INVESTING CHARITABLE TRUST
-
RESTORATION 223 LLC
UNRELATED · REAL ESTATE · FL · 99% owned · share of assets $123,900
Directly controlled by IMPACT INVESTING CHARITABLE TRUST
-
ROCKFORD YOUTH LLC
RELATED · YOUTH ACTIVITIES · IL · 100% owned · share of assets $550,000
Directly controlled by IMPACT INVESTING CHARITABLE TRUST
-
ROOTED STORIES FUND I LP
UNRELATED · FILM · DE · 80% owned · share of income -$14 · share of assets $499,986
Directly controlled by IMPACT INVESTING CHARITABLE TRUST
-
ROSS DESIGN LLC
RELATED · INVESTING · AR · 80% owned · share of income -$21,598 · share of assets $131,569
Directly controlled by IMPACT INVESTING CHARITABLE TRUST
-
SOVERIGN'S CAPITAL REAL ESTATE FUND II LP
INVESTMENT · INVESTING · GA · 78.59% owned · share of income -$1,113,239 · share of assets $7,414,580
Directly controlled by IMPACT INVESTING CHARITABLE TRUST
-
SPROUT STUDIO LLC
UNRELATED · TECHNOLOGY · TX · 100% owned · share of assets $100,000
Directly controlled by IMPACT INVESTING CHARITABLE TRUST
-
SUNSTONE LLC - COMPASSION FUND
RELATED · POVERTY ALLEVIATION · CA · 96.46% owned · share of income -$24,156 · share of assets $649,773
Directly controlled by IMPACT INVESTING CHARITABLE TRUST
-
TEN SLEEP STORAGE LLC
RELATED · INVESTING · WY · 99% owned · share of income -$7,726 · share of assets $242,522
Directly controlled by IMPACT INVESTING CHARITABLE TRUST
-
VIRENS CAPITAL LLC
RELATED · INVESTING · OH · 99% owned · share of income $28,215 · share of assets $389,565
Directly controlled by IMPACT INVESTING CHARITABLE TRUST
-
WILD BROTHERS MEDIA LLC
UNRELATED · INVESTING · FL · 50% owned · share of assets $150,000
Directly controlled by IMPACT INVESTING CHARITABLE TRUST
-
ZAMINVEST LLC
RELATED · POVERTY ALLEVIATION · KS · 100% owned · share of income -$120 · share of assets $1,699,399
Directly controlled by IMPACT INVESTING CHARITABLE TRUST
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
WISE ROCK LLC--CONVERTED TO PARTNERSHIP DURING 2024
S · CONSULTING · TX · 99% owned · share of assets $6,965,836 · controlled entity
Directly controlled by IMPACT INVESTING CHARITABLE TRUST
-
PHOTOUP INC
C · TECHNOLOGY; UNRELATED · DE · 55.5% owned · share of assets $1,723,362
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 17 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202513219349321171
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