Question 1

Who funds THE NEW IMPACT FUND?

Accepted Answer

THE NEW IMPACT FUND has received grants from 12 known foundation funders, with 18 grants on file. The largest known funder is THE MINNEAPOLIS FOUNDATION.

Question 2

What is THE NEW IMPACT FUND's mission?

Accepted Answer

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.

Question 3

What is THE NEW IMPACT FUND's annual revenue?

Accepted Answer

THE NEW IMPACT FUND reported annual revenue of $783,526 in their most recent IRS 990 filing. Total expenses were $1,032,881. Financial data is available for 11 filing years.

Question 4

Who leads THE NEW IMPACT FUND?

Accepted Answer

THE NEW IMPACT FUND is led by ALEX DASHE (SECRETARY), SUSAN F SHANK CFA (TREASURER), TJ TICEY (CHAIR), and 1 other key personnel. This information is from their 2024 IRS 990 filing.

Question 5

Where is THE NEW IMPACT FUND located?

Accepted Answer

THE NEW IMPACT FUND is located in MINNEAPOLIS, MN. Their EIN is 46-5187324. Their website is NEWIMPACTFUND.ORG.

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

THE NEW IMPACT FUND

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