SOCIAL FINANCE INC

As filed

Subsection

03

NTEE code

P12

Classification

1000

Street

2 ATLANTIC AVE 5TH FLOOR

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

• SEE SCHEDULE O

  Expenses $18,631,542 · Grants $1,383,864 · Revenue $701,115

• SEE SCHEDULE O

  Expenses $8,411,556 · Grants $225,804 · Revenue $7,027,899

• SEE SCHEDULE O

  Expenses $2,523,039 · Grants $175,000

• OTHER PROGRAM SERVICES

  Revenue $1,319,967

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.

The first 25 listed. 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

  $79,102,825

  Expenses

  $36,403,375

  Contributions

  $64,478,252

  Grants paid

  $1,784,668

• 2023

  Revenue

  $39,216,945

  Expenses

  $31,575,913

  Contributions

  $24,185,912

  Grants paid

  $1,644,263

• 2022

  Revenue

  $73,403,817

  Expenses

  $23,292,911

  Contributions

  $65,663,400

  Grants paid

  $228,000

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.

Other returns filed

• 2021 · 990

  Revenue

  $81,693,226

  Expenses

  $18,374,286

  Assets (EOY)

  $95,994,128

• 2020 · 990

  Revenue

  $15,898,059

  Expenses

  $15,343,537

  Assets (EOY)

  $30,934,940

• 2019 · 990

  Revenue

  $23,709,426

  Expenses

  $12,360,889

  Assets (EOY)

  $27,643,072

• 2018 · 990

  Revenue

  $13,964,882

  Expenses

  $10,077,690

  Assets (EOY)

  $15,683,196

• 2017 · 990

  Revenue

  $9,323,324

  Expenses

  $7,941,159

  Assets (EOY)

  $9,242,359

• 2016 · 990

  Revenue

  $4,871,173

  Expenses

  $5,025,648

  Assets (EOY)

  $6,783,382

• 2015 · 990

  Revenue

  $4,199,681

  Expenses

  $4,452,553

  Assets (EOY)

  $7,008,307

• 2014 · 990

  Revenue

  $6,936,909

  Expenses

  $3,529,878

  Assets (EOY)

  $6,976,111

• 2013 · 990

  Revenue

  $2,272,820

  Expenses

  $1,967,384

  Assets (EOY)

  $3,331,363

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $2,849,928

  Assets (EOY)

  $3,880,234

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

• MCKINLEYVILLE COMMUNITY COLLABORATIVE

  $930,000

  2023 · SUBGRANT DISBURSEMENT TO MCC IN ORDER TO OPERATE A GUARATEEN INCOME PILOT PROGRAM

• TREAC

  $692,486

  2024 · PAVE SIB Project Outcomes Payments

• Merit America

  $417,600

  2024 · Google AI Startup Grant project

• INLAND SOUTHERN CALIFORNIA UNITED WAY

  $300,000

  2023 · SUBGRANT DISBURSEMENT TO UW IN ORDER TO OPERATE A GUARANTEED INCOME PILOT PROGRAM

• IFOSTER INC

  $100,000

  2023 · TO OPERATE A GUARANTEED INCOME PILOT PROGRAM

• MERIT AMERICA

  $64,800

  2023 · SUPPORT 18 KNOCKED OUT OR DENIED BORROWERS

• Unidos

  $32,691

  2024 · Google AI Startup Grant project

Where these grants went next →

Grants received

• BLUE MERIDIAN PARTNERS INC

  $11,730,000

  2024 · TO SUPPORT SCALING PLAN

• NATIONAL PHILANTHROPIC TR

  $8,000,000

  2023 · HUMAN SERVICES

• BLUE MERIDIAN PARTNERS INC

  $6,000,000

  2023 · TO SUPPORT SCALING PLAN

• NATIONAL PHILANTHROPIC TR

  $5,000,000

  2024 · HUMAN SERVICES

• BOSTON FOUNDATION INC

  $4,510,000

  2022 · Operating Support/Annual Fund

• ASCENDIUM EDUCATION SOLUTIONS INC

  $2,503,500

  2024 · Grant, Exploring Innovative Financing to Strengthen Pre-Apprenticeships, Creating Rural Talent Finance Partnerships, and Establishing the Social Finance Institute

• WESTERN GOVERNORS UNIVERSITY

  $2,489,217

  2024 · ESTABLISHMENT OF RENEW FUND

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $2,392,400

  2024 · For grant recipient's exempt purposes

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $2,376,000

  2022 · For grant recipient's exempt purposes

• ASCENDIUM EDUCATION SOLUTIONS INC

  $2,041,600

  2025 · GRANT, EXPLORING INNOVATIVE FINANCING TO STRENGTHEN PRE-APPRENTICESHIPS, CREATING RURAL TALENT FINANCE PARTNERSHIPS, AND ESTABLISHING THE SOCIAL FINANCE INSTITUTE

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

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Other IRS files