WASHINGTON, DC
Prosperity Now
Quick Facts
- EIN
- 52-1141804
- Location
- WASHINGTON, DC
- Category
- Community Development
- NTEE Code
- S31Z
- Total Assets
- $13.7M
- Annual Income
- $14.3M
- Annual Revenue
- $14.1M
- IRS Ruling Year
- 1980
- Tax Subsection
- 501(c)(03)
About This Organization
Prosperity Now is a nonprofit organization based in WASHINGTON, DC. It received its IRS tax-exempt ruling in 1980. The organization is classified under IRC Section 501(c)(03). It operates in the area of community development. Total assets are reported at $13.7M. Annual income is $14.3M. The organization has received $43.2M in foundation grants from 16 funders. It has received $900K in federal awards from 1 agency.
Grants Received from Foundations
Foundation grants awarded to Prosperity Now, based on IRS 990-PF filings.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Bloomberg Family Foundation Inc. | $8.1M | 2024 | TO SUPPORT ECONOMIC DEVELOPMENT |
| Robert Wood Johnson Foundation | $375K | 2024 | 81742 ADOPTING FAMILY-CENTERED POLICIES THAT SUPPORT SHORT-TERM FINANCIAL STABILITY AND LONG-TERM WEALTH-BUILDING TO ADVANCE FAMILIES' ECONOMIC INCLUSION |
| Kresge Foundation | $300K | 2024 | PROJECT SUPPORT GRANT FOR THEIR EFFORTS TO ADVANCE PERSON-CENTERED SYSTEMS CHANGE TO CLOSE THE WEALTH GAP WITHIN AND ACROSS FAMILIES. |
| Robert Wood Johnson Foundation | $151K | 2024 | 81658 SUPPORTING PROSPERITY NOW IN ADVISING ON STATE STRATEGY TO ADVANCE ECONOMIC INCLUSION AS A CORE COMPONENT OF CHILD AND FAMILY WELLBEING |
| Charles Stewart Mott Foundation | $100K | 2024 | To support efforts to ensure that every child in America has a children's savings account by 2025. |
| Robert Wood Johnson Foundation | $20K | 2024 | 80836 SUPPORTING PROSPERITY NOW IN A CO-DESIGN PROCESS TO ALIGN POLICY ECOSYSTEMS FOR CHILDREN'S AND FAMILIES' ECONOMIC INCLUSION |
| Annie E Casey Foundation | $5K | 2024 | Support for the 2024 Prosperity Summit being held September 4-6, 2024 in Washington, DC |
| Gates Foundation | $10.2M | 2023 | U.S. ECONOMIC MOBILITY & OPPORTUNITY |
| Bloomberg Family Foundation Inc. | $3.2M | 2023 | TO SUPPORT THE BLACK WEALTH DATA CENTER |
| Jpmorgan Chase Foundation | $1M | 2023 | IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION |
| Target Foundation | $450K | 2023 | ECONOMIC OPPORTUNITY - NATIONAL |
| Target Foundation | $450K | 2023 | ECONOMIC OPPORTUNITY - NATIONAL |
| Kresge Foundation | $300K | 2023 | THIS GRANT WILL SUPPORT PROSPERITY NOW IN THEIR EFFORTS TO ADVANCE PERSON-CENTERED SYSTEMS CHANGE TO CLOSE THE RACIAL WEALTH GAP WITHIN AND ACROSS DIVERSE FAMILIES. IT WILL BUILD ON THEIR PRIOR PLACE-BASED EFFORTS GRANTEE PARTNERS IN DETROIT AND MEMPHIS. |
| Gates Foundation | $200K | 2023 | U.S. ECONOMIC MOBILITY & OPPORTUNITY |
| Robert Wood Johnson Foundation | $180K | 2023 | 80836 SUPPORTING PROSPERITY NOW IN A CO-DESIGN PROCESS TO ALIGN POLICY ECOSYSTEMS FOR CHILDREN'S AND FAMILIES' ECONOMIC INCLUSION |
| Charles Stewart Mott Foundation | $100K | 2023 | To support efforts to ensure that every child in America has a children's savings account by 2025. |
| Richard W Goldman Family Foundation | $100K | 2023 | GENERAL OPERATING SUPPORT |
| Allstate Foundation | $100K | 2023 | CLIMATE ECONOMY GREEN ACCELERATOR PROGRAM |
| Annie E Casey Foundation | $25K | 2023 | PROVIDE GENERAL OPERATING SUPPORT |
| Annie E Casey Foundation | $25K | 2023 | PROVIDE GENERAL OPERATING SUPPORT |
| Faultline Foundation | $10K | 2023 | General charitable purposes |
| Bloomberg Family Foundation Inc. | $5.5M | 2022 | TO SUPPORT THE BLACK WEALTH DATA CENTER |
| Bloomberg Family Foundation Inc. | $5.5M | 2022 | TO SUPPORT THE BLACK WEALTH DATA CENTER |
| Gates Foundation | $1.5M | 2022 | U.S. ECONOMIC MOBILITY & OPPORTUNITY |
| Gates Foundation | $1.5M | 2022 | U.S. ECONOMIC MOBILITY & OPPORTUNITY |
| David And Lucile Packard Foundation | $500K | 2022 | JUSTICE AND EQUITY |
| David And Lucile Packard Foundation | $500K | 2022 | JUSTICE AND EQUITY |
| Prudential Foundation Inc. | $400K | 2022 | PROSPERITY NOW INTERGENERATIONAL ASSET AND WEALTH BUILDING PORTFOLIO |
| Kresge Foundation | $300K | 2022 | THE PURPOSE OF THIS GRANT IS TO SUPPORT PROSPERITY NOW TO WORK WITH DETROIT AND MEMPHIS NEXTGEN COHORT ORGANIZATIONS TO IDENTIFY POLICY BARRIERS AND INNOVATIVE SOLUTIONS TO HELP CLOSE THE RACIAL WEALTH GAP AND ENSURE FAMILIES OBTAIN SUSTAINABLE SOCIAL AND ECONOMIC MOBILITY. |
| Kresge Foundation | $300K | 2022 | THE PURPOSE OF THIS GRANT IS TO SUPPORT PROSPERITY NOW TO WORK WITH DETROIT AND MEMPHIS NEXTGEN COHORT ORGANIZATIONS TO IDENTIFY POLICY BARRIERS AND INNOVATIVE SOLUTIONS TO HELP CLOSE THE RACIAL WEALTH GAP AND ENSURE FAMILIES OBTAIN SUSTAINABLE SOCIAL AND ECONOMIC MOBILITY. |
| Bank Of America Charitable Foundation Inc. | $225K | 2022 | PROGRAM/OPERATING SUPPORT |
| Bank Of America Charitable Foundation Inc. | $225K | 2022 | PROGRAM/OPERATING SUPPORT |
| Richard W Goldman Family Foundation | $100K | 2022 | SUPPORT FOR CHILDREN'S SAVING ACCOUNT PROGRAMS |
| Richard W Goldman Family Foundation | $100K | 2022 | SUPPORT FOR CHILDREN'S SAVING ACCOUNT PROGRAMS |
| Charles Stewart Mott Foundation | $100K | 2022 | To support efforts to ensure that every child in America has a children's savings account by 2025. |
| Charles Stewart Mott Foundation | $100K | 2022 | To support efforts to ensure that every child in America has a children's savings account by 2025. |
| Robert Wood Johnson Foundation | $59K | 2022 | 77485 UPDATING AND EXPANDING THE PROSPERITY NOW SCORECARD AND CONDUCTING AN IN-DEPTH EVALUATION OF ITS EFFICACY IN REACHING DIFFERENT TARGET AUDIENCES |
| Annie E Casey Foundation | $15K | 2022 | SUPPORT A LANDSCAPE ANALYSIS OF COURT DEBT IN THE SOUTH |
| Annie E Casey Foundation | $15K | 2022 | SUPPORT A LANDSCAPE ANALYSIS OF COURT DEBT IN THE SOUTH |
| Annie E Casey Foundation | $15K | 2022 | SUPPORT A LANDSCAPE ANALYSIS OF COURT DEBT IN THE SOUTH |
| Faultline Foundation | $10K | 2022 | General charitable purposes |
| Faultline Foundation | $10K | 2022 | General charitable purposes |
| Annie E Casey Foundation | $5K | 2022 | PROVIDE GENERAL OPERATING SUPPORT |
| Annie E Casey Foundation | $5K | 2022 | PROVIDE GENERAL OPERATING SUPPORT |
| Annie E Casey Foundation | $5K | 2022 | PROVIDE GENERAL OPERATING SUPPORT |
| Brown Advisory Charitable Foundation Inc. | $1K | 2022 | PROGRAM SUPPORT |
| Brown Advisory Charitable Foundation Inc. | $1K | 2022 | PROGRAM SUPPORT |
| Jpmorgan Chase Foundation | $800 | 2022 | GENERAL OPERATING SUPPORT |
| Jpmorgan Chase Foundation | $800 | 2022 | GENERAL OPERATING SUPPORT |
| Citi Foundation | $750K | 2021 | VOLUNTEER INCOME TAX ASSISTANCE PILOT INITIATIVE |
Federal Awards Received
Federal grants and cooperative agreements from USAspending.gov.
| Agency | Program | Amount | Year |
|---|---|---|---|
| Department of Housing and Urban Development | 2 awards totaling $900,000 | $900K | 2023 |
Frequently Asked Questions
What does Prosperity Now do?
Prosperity Now is a nonprofit organization focused on community development, based in WASHINGTON, DC. It is classified under IRC Section 501(c)(03).
Who funds Prosperity Now?
Prosperity Now has received foundation grants from Bloomberg Family Foundation Inc., Robert Wood Johnson Foundation, Kresge Foundation, and others. It has also received federal awards from Department of Housing and Urban Development.
What is Prosperity Now's annual revenue?
Prosperity Now reports total assets of $13.7M. Annual income is $14.3M.
Where is Prosperity Now located?
Prosperity Now is located in WASHINGTON, DC.
Is Prosperity Now a 501(c)(3)?
Yes, Prosperity Now is a 501(c)(3) tax-exempt organization. Its EIN is 52-1141804. Donations to this organization may be tax-deductible.
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