THE NEW IMPACT FUND TO CONNECT BIPOC ENTREPRENEURS IN TWIN CITIES NEIGHBORHOODS WITH THE FINANCIAL AND SOCIAL CAPITAL THEY NEED TO GROW AND SUSTAIN THEIR BUSINESSES BY ACTIVATING UNTAPPED INDIVIDUAL WEALTH, ULTIMATELY WORKING TO ELIMINATE THE RACIAL WEALTH GAP IN OUR LOCAL ECOSYSTEM.
THE NEW IMPACT FUND has received 19 grants from 13 known foundation funders. Revenue decreased from $949,711 in 2023 to $783,526 in 2024. Most recent reported revenue: $783,526.
Annual Revenue
$783,526
Known Funders
13
Grants Received
19
Financial History
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $783,526 | $1,032,881 | $1,052,877 |
| 2023 | $949,711 | $373,689 | $1,263,725 |
| 2022 | $696,250 | $833,281 | $504,799 |
| 2021 | $763,896 | $301,302 | $641,752 |
| 2020 | $103,791 | $4,777 | $175,979 |
| 2019 | — | $3,292 | $76,965 |
| 2018 | — | $10,156 | $262,400 |
| 2017 | $410,500 | $240,412 | $272,780 |
Top Funders
MINNEAPOLIS, MN
MINNEAPOLIS, MN
Minneapolis, MN
ST PAUL, MN
Minneapolis, MN
WAYZATA, MN
SAINT PAUL, MN
MINNEAPOLIS, MN
MINNEAPOLIS, MN
NEW YORK, NY
Showing top 10 of 13 funders.
Key Personnel
From 2024 IRS 990 filing
ALEX DASHE
SECRETARY
SUSAN F SHANK CFA
TREASURER
TJ TICEY
CHAIR
ALICIA R PHILLIPS
EXECUTIVE DI
Frequently Asked Questions
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