- Revenue 2024
- $29,514,763
- Expenses 2024
- $25,704,998
Program services were 80.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- C01
- Classification
- 1000
- Street
- 1100 13TH ST NW STE 800
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2024
Mission
THE EQUITY FUND BELIEVES THAT DURABLE PROGRESS ON CLIMATE ACTION REQUIRES A BROAD, DIVERSE, AND POWERFUL BASE OF POPULAR SUPPORT THAT ADVANCES ECONOMIC, GENDER AND RACIAL EQUITY. WE PAIR DEEP AND SUSTAINED FUNDING WITH EXPERT POLICY ANALYSIS AND NARRATIVE STRATEGY TO BUILD AUTHENTIC POWER IN COMMUNITIES, STATE BY STATE. TOGETHER WITH OUR PARTNERS, WE DELIVER EQUITABLE CLIMATE PROGRESS, TRANSFORM PUBLIC NARRATIVES ABOUT CLIMATE CHANGE, AND BUILD POLITICAL WILL FOR LASTING PUBLIC POLICIES TO SECURE A FUTURE WE ALL DESERVE.
Activities or mission (Part I)
BUILD A POWERFULLY DIVERSE MOVEMENT ADVANCING EQUITABLE CLIMATE ACTION AND CLEAN ENERGY.
-
GRANT PROGRAMS: THE EQUITY FUND PROVIDES CATALYTIC AND SUSTAINED FUNDING, CAPACITY-BUILDING, AND TECHNICAL ASSISTANCE TO MULTI-ISSUE COMMUNITY-BASED ORGANIZATIONS. WE CHAMPION COMMUNITY-SUPPORTED SOLUTIONS THAT DELIVER EQUITABLE ECONOMIC OPPORTUNITIES AND ADDRESS DISPARITIES IN HEALTH, HOUSING AND JOB QUALITY THROUGH A TRANSITION TO CLEAN ENERGY.OUR GRANTMAKING SUPPORTS OVER 170 COMMUNITY PARTNERS ACROSS RURAL, URBAN AND SUBURBAN GEOGRAPHIES TO LEAD LARGE-SCALE ADVOCACY, STRATEGIC COMMUNICATIONS, AND NONPARTISAN CIVIC ENGAGEMENT INITIATIVES. WE HAVE RAISED MORE THAN $230 MILLION TO SUPPORT MORE THAN 300 ORGANIZATIONS IN 13 STATES.
Expenses $19,317,963 · Grants $16,840,424
-
POLICY ACCELERATOR: OUR POLICY ACCELERATOR PROVIDES GRANTEE PARTNERS WITH CAPACITY-BUILDING AND TECHNICAL ASSISTANCE INCLUDING POLICY RESEARCH, DATA ANALYSIS, AND FACILITATING A CROSS-STATE POLICY LEARNING COMMUNITY.
Expenses $1,357,731 · Grants $218,560
-
PHILANTHROPIC ORGANIZING: THE EQUITY FUND PARTNERS WITH OTHER FUNDERS TO GROW INVESTMENTS THAT DRIVE EQUITABLE CLIMATE ACTION, AND MORE BROADLY, TO BUILD AN EFFECTIVE, DIVERSE, AND INCLUSIVE PHILANTHROPIC INFRASTRUCTURE.OUR STRATEGIC PARTNERSHIPS TEAM WORKS IN COLLABORATION WITH MORE THAN TWO DOZEN GRANTMAKERS AND PARTNERS WHO REPRESENT CLIMATE, CIVIC ENGAGEMENT, RACIAL JUSTICE, ECONOMIC OPPORTUNITY, AND WORKFORCE DEVELOPMENT FUNDERS. AS PHILANTHROPIC ADVISORS, OUR GOAL IS TO BUILD A COMMUNITY OF FUNDERS WHO MOVE RESOURCES TOGETHER WITH THE INTENTION OF ACHIEVING SYSTEMIC CHANGE.
Expenses $116,178 · Grants $62,250
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
ROGER KIM CHIEF EXECUTIVE
OFFICER & PRESIDENT - UNTIL 04/24
- Total calculated
- $311,064
- From this org
- $291,826
- From related orgs
- $0
- Other
- $19,238
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $123,036
- Bonus
- $2,790
- Other
- $166,000
- Deferred
- $4,934
- Nontaxable benefits
- $14,304
- Filer's total
- $311,064
-
BRADY WILKENSHAW INTERIM
PRESIDENT - AS OF 04/24
- Total calculated
- $290,000
- From this org
- $290,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 15
Schedule J breakdown matched by us
- Base
- $290,000
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $290,000
-
MICHELLE DEPASS
TREASURER
- Total calculated
- $0
- Hours/week
- 4
-
CARRIE DOYLE
SECRETARY
- Total calculated
- $0
- Hours/week
- 4
-
SANGITA S DHUNGANA
COO - UNTIL 06/2024
- Total calculated
- $332,290
- From this org
- $309,606
- From related orgs
- $0
- Other
- $22,684
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $140,430
- Bonus
- $38,160
- Other
- $131,016
- Deferred
- $3,292
- Nontaxable benefits
- $19,392
- Filer's total
- $332,290
-
JILLIAN MURPHY CHIEF OF STAFF
INTERIM EXECUTIVE DIRECTOR
- Total calculated
- $287,121
- From this org
- $242,022
- From related orgs
- $0
- Other
- $45,099
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $199,702
- Bonus
- $42,320
- Other
- $0
- Deferred
- $14,705
- Nontaxable benefits
- $30,394
- Filer's total
- $287,121
-
JODEEN TAYLOR
VP, STRATEGIC PARTNERSHIPS
- Total calculated
- $303,393
- From this org
- $261,225
- From related orgs
- $0
- Other
- $42,168
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $249,033
- Bonus
- $12,192
- Other
- $0
- Deferred
- $11,774
- Nontaxable benefits
- $30,394
- Filer's total
- $303,393
-
JORDAN ESTEVAO
VP, PROGRAMS
- Total calculated
- $276,905
- From this org
- $240,686
- From related orgs
- $0
- Other
- $36,219
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $228,926
- Bonus
- $11,760
- Other
- $0
- Deferred
- $13,566
- Nontaxable benefits
- $22,653
- Filer's total
- $276,905
-
AIDA CAVALIC
DIRECTOR OF FINANCE
- Total calculated
- $258,907
- From this org
- $219,814
- From related orgs
- $0
- Other
- $39,093
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $189,665
- Bonus
- $30,149
- Other
- $0
- Deferred
- $13,353
- Nontaxable benefits
- $25,740
- Filer's total
- $258,907
-
LYDIA AVILA DEPUTY DIRECTOR
GRANTS & POWER BUILDING
- Total calculated
- $205,793
- From this org
- $182,261
- From related orgs
- $0
- Other
- $23,532
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $171,863
- Bonus
- $10,398
- Other
- $0
- Deferred
- $10,936
- Nontaxable benefits
- $12,596
- Filer's total
- $205,793
-
SHILPA JOSHI
DIRECTOR, POLICY
- Total calculated
- $199,707
- From this org
- $181,351
- From related orgs
- $0
- Other
- $18,356
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $171,575
- Bonus
- $9,776
- Other
- $0
- Deferred
- $9,068
- Nontaxable benefits
- $9,288
- Filer's total
- $199,707
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. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $29,514,763
- Expenses
- $25,704,998
- Contributions
- $28,116,023
- Grants paid
- $17,121,234
-
2023
- Revenue
- $39,078,325
- Expenses
- $834,371
- Contributions
- $38,957,554
- Grants paid
- $300
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Form 990-N e-Postcard, tax year 2022
- Tax period
- 1 January 2022 to 31 December 2022
- Principal officer
- Roger Kim
- Mailing address
- 1629 K Street NW Ste 300Washington DC 20006
- Website
- https://www.theequityfund.org
As filed, from the IRS e-Postcard file of 19 October 2026. The IRS publishes only each organization's most recent postcard, so earlier years are not shown. A 990-N carries no financial detail. The postcard also gives the principal officer's address, which is not shown here.
Grants made
-
$680,000
2024 GENERAL OPERATING SUPPORT
-
$660,000
2024 GENERAL OPERATING SUPPORT
-
$646,250
2024 GENERAL OPERATING SUPPORT
-
$590,000
2024 GENERAL OPERATING SUPPORT
-
2024 GENERAL OPERATING SUPPORT
-
NEW VIRGINIA MAJORITY EDUCATION FUND
$480,000
2024 GENERAL OPERATING SUPPORT
-
$390,000
2024 GENERAL OPERATING SUPPORT
-
$385,000
2024 GENERAL OPERATING SUPPORT
-
FAMILY ACTION NETWORK MOVEMENT INC
$350,000
2024 GENERAL OPERATING SUPPORT
-
$350,000
2024 GENERAL OPERATING SUPPORT
The 10 largest by cash amount. The API serves every itemized grant.
Grants received
-
$17,996,330
2024 ENVIRONMENTAL PROGRAMS
-
2023 ENVIRONMENT & ANIMAL PROTECTION
-
$2,500,000
2024 TO SUPPORT CAPACITY BUILDING
-
$2,500,000
2023 TO SUPPORT IMPLEMENTATION OF FEDERAL CLIMATE INVESTMENTS
-
2024 ENVIRONMENT & ANIMAL PROTECTION
-
UNITED STATES ENERGY FOUNDATION
$750,000
2024 TO SUPPORT EDUCATION AND OUTREACH TO BUILD A CLEAN ENERGY FUTURE.
-
$500,000
2023 To support the equitable transition from fossil fuels to clean energy
-
$500,000
2024 ENVIRONMENTAL PROGRAMS
-
$470,000
2024 General operating support
-
$240,000
2023 PROVIDE GENERAL OPERATING SUPPORT
The 10 largest by cash amount. The API serves every itemized grant.
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 13 October 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 26 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.