- Revenue 2024
- $5,164,786
- Expenses 2024
- $13,126,147
Program services were 97.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- P20
- Classification
- 1000
- Street
- PO BOX 4161
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
GRO BUILDS BOLD, EVIDENCE-BASED, AND COMMUNITY-INFORMED SOLUTIONS TO ADDRESS THE ROOT CAUSES OF POVERTY AND WORK TOWARD CLOSING THE RACIAL WEALTH GAP.
-
IN HER HANDS1. POLICY LEARNING: THE ORGANIZATION WILL SHARE THE FINDINGS AND RESULTS OF THE IN HER HANDS PROJECT WITH VARIOUS AGENCIES TO EDUCATE THEM ON INCOME STABILITY AND WEALTH-BUILDING PROGRAMS FOCUSED ON ECONOMICALLY MARGINALIZED/LOW-INCOME GROUPS. THE GOAL OF THESE PROGRAMS WILL BE EDUCATION. THE ORGANIZATION MAY WRITE WHITE PAPERS OR DO LIMITED ADVOCACY FOR STATE-EARNED INCOME TAX CREDIT AND SOCIAL SAFETY NET REFORM. THE ORGANIZATION CONDUCTS LIMITED LOBBYING ACTIVITIES AND SPEAKS WITH VARIOUS POLITICAL FIGURES FROM TIME TO TIME. THE ORGANIZATION'S MAIN FOCUS WILL BE TO EDUCATE GEORGIA-BASED ORGANIZATIONS AND OTHER ENTITIES WHO ARE INTERESTED IN LEARNING MORE ABOUT THE IN HER HANDS PROJECT AND ITS RESULTS, AS WELL AS THE THEORY AND POLICY BEHIND A GUARANTEED INCOME PROJECT. THIS WORK WILL BE DONE BY ORGANIZATION STAFF AND VOLUNTEERS. 2. DIRECT SERVICE PROVISION FOR LOW-INCOME WOMEN: IN HER HANDS IS A COLLABORATIVE INITIATIVE OF BOTH THE ORGANIZATION AND GIVE DIRECTLY, AND IT PROVIDES 275 LOW-INCOME WOMEN IN ATLANTAS WESTSIDE A WITH AN INCOME SUPPLEMENT BY PROVIDING AN AVERAGE OF $1000 PER MONTH FOR THREE YEARS. IN HER HANDS WILL NOT JUST PROVIDE A GUARANTEED INCOME FOR TWO YEARS, BUT ALSO THE FOLLOWING BENEFITS TO PARTICIPANTS: OPTIONAL PROGRAMMING TO CONNECT WITH OTHER COMMUNITY-BASED ORGANIZATION COMMUNITY ENGAGEMENT AND OUTREACH; COORDINATION WITH PUBLIC BENEFITS AGENCIES; PROVIDING BENEFITS COUNSELING; DOING EXIT INTERVIEWS AND OFFBOARDING ACTIVITIES TO ESTABLISH THE SUCCESS OF THE PROJECT AND HELP TRANSITION OUT OF IT.
Expenses $12,043,089 · Grants $11,510,712
-
FREEDOM FUTURES: CASH FOR TODAY, CAPITAL FOR TOMORROW1. POLICY LEARNING: THE ORGANIZATION WILL SHARE THE FINDINGS AND RESULTS OF FREEDOM FUTURES: CASH FOR TODAY, CAPITAL FOR TOMORROW, AN ACCELERATED BABY BONDS PILOT PROGRAM, WITH VARIOUS AGENCIES TO EDUCATE THEM ON INCOME STABILITY AND WEALTH-BUILDING PROGRAMS FOCUSED ON ECONOMICALLY MARGINALIZED YOUTH AND YOUNG ADULTS. THE GOAL OF THESE PROGRAMS WILL BE GENERATING EVIDENCE ON EARLY WEALTH BUILDING AND EDUCATION. THE ORGANIZATION MAY WRITE WHITE PAPERS OR DO LIMITED ADVOCACY FOR STRATEGIES TO ADDRESS WEALTH DISPARITIES SUCH AS A STATE BABY BONDS PROGRAM. THE ORGANIZATION CONDUCTS LIMITED LOBBYING ACTIVITIES AND SPEAKS WITH VARIOUS POLITICAL FIGURES FROM TIME TO TIME. THE ORGANIZATION'S MAIN FOCUS WILL BE TO EDUCATE GEORGIA-BASED ORGANIZATIONS AND OTHER ENTITIES WHO ARE INTERESTED IN LEARNING MORE ABOUT THE BABY BONDS PILOT PROGRAM AND ITS RESULTS, AS WELL AS THE THEORY AND POLICY BEHIND DIRECT YOUTH WEALTH BUILDING STRATEGIES. THIS WORK WILL BE DONE BY ORGANIZATION STAFF AND VOLUNTEERS. 2. DIRECT SERVICE PROVISION FOR LOW-INCOME YOUTH AND YOUNG ADULTS: THE FREEDOM FUTURES: CASH FOR TODAY, CAPITAL FOR TOMORROW PROGRAM WILL PROVIDE 50 LOW-INCOME YOUNG ADULTS IN ATLANTA WITH A $500/MONTH INCOME SUPPORT FOR FOUR YEARS, FINANCIAL EDUCATION, AND A LARGE LUMP SUM OF APPROXIMATELY $40,000 FOR WEALTH BUILDING PURPOSES SUCH AS BUYING A HOME, STARTING A BUSINESS OR ENROLLING IN HIGHER EDUCATION. THE GOAL OF THE PILOT IS TO SUPPORT THE YOUNG PEOPLE ENROLLED AND TO GENERATE INSIGHT ON HOW THESE INTERVENTIONS IMPROVE YOUTH AND YOUNG PEOPLES FINANCIAL STABILITY AND WEALTH POSITION.
Expenses $471,125 · Grants $190,000
-
COMMUNICATIONSTHE COMMUNICATIONS PROGRAM SUPPORTS GROS WORK BY ELEVATING PROGRAM LEARNINGS FROM EVALUATION AND PARTICIPANT STORIES. THE COMMUNICATIONS PROGRAM USES DATA AND EVIDENCE TO BETTER UNDERSTAND HARMFUL NARRATIVES ABOUT POVERTY AND THE RACIAL WEALTH GAP AND HOW TO CREATE NEW NARRATIVES THAT EMPHASIZE HOW THE ECONOMY CAN WORK FOR ALL OF US.
Expenses $332,790 · Grants $3,300
As filed on the 2024 return.
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.
-
Hope WollensackHOPE WOLLENSACK
Executive Dir.
- Total calculated
- $173,172
- From this org
- $153,008
- From related orgs
- $0
- Other
- $20,164
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $153,008
- Bonus
- not reported
- Other
- not reported
- Deferred
- $9,397
- Nontaxable benefits
- $10,767
- Filer's total
- $173,172
-
Amit KhanduriAMIT KHANDURI
PROGRAM DIRECTOR
- Total calculated
- $142,446
- From this org
- $107,787
- From related orgs
- $0
- Other
- $34,659
- Hours/week
- 40
-
Anna HalpernANNA HALPERN
FINANCE/OPERAT DIR
- Total calculated
- $119,481
- From this org
- $102,602
- From related orgs
- $0
- Other
- $16,879
- Hours/week
- 40
-
Amir FarokhiAMIR FAROKHI
Chairman
- Total calculated
- $0
- Hours/week
- 5
-
Alan EssigALAN ESSIG
Treasurer
- Total calculated
- $0
- Hours/week
- 5
-
Aisha NyandoroAISHA NYANDORO
Director
- Total calculated
- $0
- Hours/week
- 1
-
Dale RoyalDALE ROYAL
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kristie Goodman DavisKRISTIE GOODMAN DAVIS
Director
- Total calculated
- $0
- Hours/week
- 1
-
John SimpkinsJOHN SIMPKINS
Director
- Total calculated
- $0
- Hours/week
- 1
-
Natalie FosterNATALIE FOSTER
Director
- Total calculated
- $0
- Hours/week
- 1
-
Sarah Beth GehlSARAH BETH GEHL
Director
- Total calculated
- $0
- Hours/week
- 1
-
Yonina GrayYONINA GRAY
Director
- Total calculated
- $0
- Hours/week
- 1
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
- $5,164,786
- Expenses
- $13,126,147
- Contributions
- $5,117,775
- Grants paid
- $11,704,012
-
2023
- Revenue
- $15,357,750
- Expenses
- $2,500,965
- Contributions
- $15,342,318
- Grants paid
- $1,570,000
-
2022
- Revenue
- $2,472,288
- Expenses
- $33,012
- Contributions
- $2,472,288
- Grants paid
- $0
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 2021
- Tax period
- 1 January 2021 to 31 December 2021
- Principal officer
-
Hope WollensackHOPE WOLLENSACK
- Mailing address
- 422 GLEN IRIS DRIVEATLANTA GA 30308
- Website
- https://thegrofund.org/
As filed, from the IRS e-Postcard file of 2 November 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
-
$11,514,012
2024 INFRASTRUCTURE SUPPORT
-
$1,570,000
2023 INFRASTRUCTURE SUPPORT
-
$115,000
2024 PROGRAM SUPPORT
-
$75,000
2024 PROGRAM SUPPORT
Grants received
-
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$4,000,000
2023 For grant recipient's exempt purposes
-
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$2,007,000
2024 For grant recipient's exempt purposes
-
$875,000
2025 PROGRAM EXPANSION
-
2024 HUMAN SERVICES
-
$375,000
2024 PROGRAM EXPANSION
-
2022 HUMAN SERVICES
-
$200,000
2024 Program Grant
-
$121,500
2024 COMMUNITY RESEARCH AND CO-DESIGN IMPLEMENTATION PARTNER.
-
$115,300
2023 GENERAL SUPPORT
-
$100,000
2024 TO PROVIDE LOW-INCOME MARGINALIZED WOMEN WITH MONTHLY STIPENDS TO SUPPORT THEIR LIVING EXPENSES.
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 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.