Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Direct Impact Foundation Inc. is a private corporation based in BRIDGEPORT, CT. The foundation received its IRS ruling in 2021. The principal officer is Kelly F Odonnell. It holds total assets of $616K. Annual income is reported at $201K. The foundation is governed by 6 officers and trustees. Direct impact foundation directly supports the immediate needs of specific people and communities by fostering access to safe housing and high-quality education. Tax records are available from 2020 to 2023. According to available records, Direct Impact Foundation Inc. has made 9 grants totaling $75K, with a median grant of $10K. Annual giving has grown from $18K in 2021 to $25K in 2023. Grantmaking activity was highest in 2022 with $33K distributed across 3 grants. Individual grants have ranged from $3K to $13K, with an average award of $8K. The foundation has supported 5 unique organizations. The foundation primarily supports organizations in Connecticut, Massachusetts, Florida, which account for 89% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Direct impact foundation directly supports the immediate needs of specific people and communities by fostering access to safe housing and high-quality education.
Expenses: $150
Direct impact foundation directly supports the immediate needs of specific people and communities by fostering access to safe housing and high-quality education. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in CT, MA, FL.
Direct Impact Foundation Inc. has distributed a total of $75K across 9 grants. The median grant size is $10K, with an average of $8K. Individual grants have ranged from $3K to $13K.
Direct Impact Foundation Inc. is a private foundation. To inquire about grants, you can look up the foundation using their EIN (853948855) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Direct Impact Foundation Inc. is headquartered in BRIDGEPORT, CT. While based in CT, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Anastasia Gorgutsa | PRESIDENT | $0 | $0 | N/A |
| Jessica Mainhardt | SECRETARY | $0 | $0 | N/A |
| Pavel Chernyshov | DIRECTOR | $0 | $0 | N/A |
| Joon Change | DIRECTOR | $0 | $0 | N/A |
| Vijay Mehta | DIRECTOR | $0 | $0 | N/A |
| Ronald Ward | DIRECTOR | $0 | $0 | N/A |
Total Giving
$28K
Total Assets
$445K
Fair Market Value
N/A
Net Worth
$445K
Grants Paid
$25K
Contributions
N/A
Net Investment Income
$186K
Distribution Amount
N/A
Total Grants
9
Total Giving
$75K
Average Grant
$8K
Median Grant
$10K
Unique Recipients
5
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Amherst College GrantEDUCATION ENRICHMENT | Amherst, MA | $10K | 2023 |
| Palm Beach Day AcademyEDUCATION ENRICHMENT | Palm Beach, FL | $10K | 2023 |
| Fairfield Country Day SchoolEDUCATION ENRICHMENT | Fairfield, CT | $5K | 2023 |
| Near & Far Aid GrantEDUCATION ENRICHMENT | South Port, CT | $13K | 2022 |
| Curtis Summer Camp Fund GrantEDUCATION ENRICHMENT | Philadelphia, PA | $3K | 2021 |