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Also known as: c/o Inherent Group
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Inherent Foundation is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 2009. The principal officer is Michael Ellis Inherent Group Lp. It holds total assets of $48.2M. Annual income is reported at $16.4M. Total assets have grown from $8.8M in 2011 to $48.2M in 2024. The foundation is governed by 7 officers and trustees. Collaborates with nonprofit organizations and social enterprises in education and workforce development to increase economic mobility for people living in poverty and eliminate intergenerational poverty. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2024. The foundation primarily funds organizations in New York and California. According to available records, Inherent Foundation has made 112 grants totaling $6.2M, with a median grant of $20K. Annual giving has grown from $175K in 2019 to $2.3M in 2023. Grantmaking activity was highest in 2022 with $2.7M distributed across 64 grants. Individual grants have ranged from $500 to $500K, with an average award of $55K. The foundation has supported 62 unique organizations. The foundation primarily supports organizations in New York, California, Texas, which account for 57% of all grants. Grantmaking reaches organizations across 18 states. Contributions to this foundation are tax-deductible.
Supporting early-stage organizations
Assisting organizations at intermediate development stages
Maintaining mature, proven initiatives
Collaborates with nonprofit organizations and social enterprises in education and workforce development to increase economic mobility for people living in poverty and eliminate intergenerational poverty. Based on available records, the foundation has funded 112 grants. Its grantmaking reaches organizations primarily in NY, CA, TX.
Inherent Foundation has distributed a total of $6.2M across 112 grants. The median grant size is $20K, with an average of $55K. Individual grants have ranged from $500 to $500K.
Inherent Foundation typically selects its grantees rather than accepting unsolicited proposals.
Inherent Foundation is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 18 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mali Locke | Managing Director | $221K | $0 | $221K |
| Suzy F Davis | Vice President | $0 | $0 | N/A |
| Arlene Shaw | Director | $0 | $0 | N/A |
| Mike Pollack | Director | $0 | $0 | N/A |
| Patrick Healy | Secretary | $0 | $0 | N/A |
| Michael Ellis | Treasurer, Secretary, & Director | $0 | $0 | N/A |
| Anthony L Davis | President & Chairman | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$48.2M
Fair Market Value
N/A
Net Worth
$48.2M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
112
Total Giving
$6.2M
Average Grant
$55K
Median Grant
$20K
Unique Recipients
62
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| EastersealsGeneral Unrestricted | Silver Spring, MD | $14K | 2023 |
| Imagine WorldwideGeneral Unrestricted | Mill Valley, CA | $500K | 2023 |
| All Our KinGeneral Unrestricted | New Haven, CT | $250K | 2023 |
| Educate GirlsGeneral Unrestricted | Austin, TX | $200K | 2023 |
| Kidogo Early Years IncGeneral Unrestricted | Indianapolis, IN | $200K | 2023 |
| CeresGeneral Unrestricted | Boston, MA | $180K | 2023 |
| Tasis Foundation IncGeneral Unrestricted | Alexandria, VA | $110K | 2023 |
| Rattapallax IncGeneral Unrestricted | New York, NY | $100K | 2023 |
| Labhya Usa IncGeneral Unrestricted | Topsfield, MA | $75K | 2023 |
| As You SowGeneral Unrestricted | Berkeley, CA | $75K | 2023 |
| Join Freeworld IncGeneral Unrestricted | Austin, TX | $75K | 2023 |
| The Forestry And Fire Recruitment ProgramGeneral Unrestricted | Azusa, CA | $75K | 2023 |
| Tides FoundationGeneral Unrestricted | San Francisco, CA | $75K | 2023 |
| Uja-Jcc GreenwichGeneral Unrestricted | Greenwich, CT | $53K | 2023 |
| Coalfield DevelopmentGeneral Unrestricted | Huntington, WV | $50K | 2023 |
| King Baudoiun FoundationGeneral Unrestricted | Brussels | $39K | 2023 |
| Social FinanceGeneral Unrestricted | New York, NY | $25K | 2023 |
| Fathers' Uplift IncGeneral Unrestricted | Dorchester, MA | $25K | 2023 |
| B Lab Company IncGeneral Unrestricted | Berwyn, PA | $25K | 2023 |
| Maui United WayGeneral Unrestricted | Kahului, HI | $25K | 2023 |
| Nyu Center For Sustainable BusinessGeneral Unrestricted | New York, NY | $25K | 2023 |
| Stand With UkraineGeneral Unrestricted | Los Angeles, CA | $25K | 2023 |
| Hawaii Community FoundationGeneral Unrestricted | Honolulu, HI | $25K | 2023 |
| Fund Texas ChoiceGeneral Unrestricted | Austin, TX | $15K | 2023 |
| Sisters Of St UrsulaGeneral Unrestricted | Rhinebeck, NY | $15K | 2023 |
| Climate Leadership CouncilGeneral Unrestricted | Washington, DC | $15K | 2023 |
| We Do It IncGeneral Unrestricted | Broomfield, CO | $13K | 2023 |
| Brooklyn OrgGeneral Unrestricted | Brooklyn, NY | $10K | 2023 |
| Young People'S Chorus Of New York CityGeneral Unrestricted | New York, NY | $8K | 2023 |
| Arbor RisingGeneral Unrestricted | New York, NY | $6K | 2023 |
| Jewish Family Services Of GreenwichGeneral Unrestricted | Greenwich, CT | $4K | 2023 |
| New York Choral SocietyGeneral Unrestricted | New York, NY | $3K | 2023 |
| Brooklyn Friendship Fund IncGeneral Unrestricted | New Brunswick, NJ | $3K | 2023 |
| The Gleanings FoundationGeneral Unrestricted | Robbinsville, NC | $3K | 2023 |
| Stamford HealthGeneral Unrestricted | Stamford, CT | $1K | 2023 |
| The Lustgarten FoundationGeneral Unrestricted | Woodbury, NY | $929 | 2023 |
| The Help Usa FundGeneral Unrestricted | New York, NY | $750 | 2023 |
| City Living NyGeneral Unrestricted | New York, NY | $625 | 2023 |
| Logan Murphy Mengold FoundationGeneral Unrestricted | Southbury, CT | $500 | 2023 |
| Keep A Child AliveGeneral Unrestricted | New York, NY | $162K | 2022 |