Grantmaking public charityEIN 850781875
COMMONWEALTH IMPACT FOUNDATION INC
INDIANAPOLIS, IN 46230
Total Assets
$8.7M
FY 2024
Annual Giving
$8.0M
FY 2024
Grants Made
4
FY 2024
Avg Grant
$2.0M
FY 2024
Grant Range
—
Typical
Deadlines
—
Applications
Programs & Activities
Program 1
Commonwealth impact foundation holds and administers donor advised funds to make mission-related investments to nonprofit and for profit companies with demonstrated social impact. These donor advised funds are typically held by individuals and funded by a new charitable contribution or grant from an existing donor advised fund at another institution. Daf investments may be in the form of loans or equity. Commonwealth made 8 new investments from donor advised funds in 2024.
Program 2
Commonwealth impact foundation specializes in real estate transactions supporting nonprofits and other charitable entities. In 2024, commonwealth facilitated a low-interest loan for heart change ministries to acquire and redevelop a building in indianapolis. At this facility, heart change supports single mothers in crisis through emotional support, education, and career training.
Program 3
Cw city fund: commonwealth is growing an impact investing network in 15 cities to fund venture philanthropy and vc/pe deals aimed at community renewal.cw ventures: commonwealth sponsors select private offerings for companies advancing market solutions to the world's biggest problems, including the wealth gap between white families and black families in america and access to quality health care and mental health services.
Focus Areas
Financial Snapshot
2024 filing
Total Revenue
$6.1M
Total Expenses
$8.7M
Giving Over Time
3 years
Total dollars recorded per filing year. Scale adjusts to the foundation's range.
Top Recipients
9 grants
Grant Size Distribution
9 grants
Geographic Focus
6 states
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