NonprofitsGrove Collective Foundation

Education

Grove Collective Foundation

WASHINGTON, DC

Total revenue

$910K

Total expenses

$1.1M

Net assets

$424K

Grants received

$1.0M

10 grants

EIN

874015431

Tax year

2023

Mission

Accelerate economic & social mobility solutions by equipping innovators with teams of experienced social entrepreneurs

Programs

8 programs

Consortium - a consortium of the nation's highly-selective colleges and high-impact community-based organizations creates a more equitable application process for students from low-income backgrounds.

Expenses: $361K

Peerforward in college - the purpose of the peerforward in college project (pfic) is to establish a plan to help peerforward support college partners to produce field-shifting increase in graduation rates with a cost-effective and scalable approach.

Expenses: $104K

Redemptive leadership project - the redemptive leadership project seeks to create a space for people with meaningful differences to come together in true fellowship, during a time when fewer and fewer such spaces exist. The collective curated an invitation list to bring together a community with diverse expressions of embodied faith and experience, representing different cultures, denominations, political views, sexual orientations, roles in education, and understandings of god. The collective deeply believes in the power of building community across many lines of difference, and looks forward to co-creating a sacred and brave space of listening, learning, and community.

Expenses: $24K

One goal - the purpose of the one goal program is to scale college access impact through state delivery channels and to package and distribute state-wide training for high school teachers and counselors in holistic, equity-focused college access.

Expenses: $179

Digital promise - the digital promise program was established to help paraguayan students "leapfrog" inequalities through powerful learning with technology. The program aims to design strategies and secure resources to adapt digital promise's powerful learning model for the paraguayan context with fundacion paraguaya.

Expenses: $14K

Career and technical education - the foundation seeks to expand high school career pathway and college guidance capacity using a novel approach for expanding work-based learning opportunities for students and college and career pathway guidance supports in under-resourced schools.

Expenses: $69K

Bottom line - the bottom line program was established to combine impact and scale via bot technology, to build on the organization's unsurpassed evidence base for postsecondary access and completion, and to test ai-driven tools to increase efficiency and scale.

Expenses: $38K

Leadership initiative for faith and education (life) - the purpose of life is to build partnerships between schools and faith communities in the u.s., supporting the life initiative at harvard's graduate school of education. The program aims to clarify the center's unique, valuable contribution to the field and develop a strategy to expand the impact of life.

Expenses: $96K

Financials

FY 2023

Revenue

Contributions & grants$594K
Program service revenue$316K
Investment income
Other revenue
Total revenue$910K

Expenses

Grants paid
Salaries & benefits$240K
Fundraising$20K
Other expenses$878K
Total expenses$1.1M
Total assets$599K
Net assets$424K

People

6 listed

NameRoleCompensation

JACOB SCHRAMM

MANAGING PARTNER

Board

$272K

40 hrs/wk

SCOTT SIFF

DIRECTOR

Board

1 hrs/wk

EMMANUEL FORTUNE

DIRECTOR

Board

1 hrs/wk

KEVIN ROBINSON

DIRECTOR

Board

1 hrs/wk

KINNEY ZALESNE

DIRECTOR

Board

1 hrs/wk

NICOLE BAKER FULGHAM

DIRECTOR

Board

1 hrs/wk

Independent contractors

FLI STRATEGIC ADVISING

PROGRAM MANAGEMENT

$195K

DERWIN SISNETT

PROGRAM MANAGEMENT

$168K

TINA V FERNANDEZ

PROGRAM MANAGEMENT

$109K

DONNA L TAYOLOR

PROGRAM MANAGEMENT

$102K

Grants received

Showing 10 of 10

FromAmountPurposeYear
$150K
PROJECT SUPPORT GRANT HELP LEADING COLLEGE ACCESS AND SUCCESS ORGANIZATIONS LAUNCH STRATEGIC INITIATIVES WITH SYSTEMS-CHANGE POTENTIAL
2024
$103K
THE GRANTEE WILL UNDERTAKE RESEARCH ON THE SUCCESS DRIVERS OF TOP REVENUE-GENERATING BLACK- AND HISPANIC-OWNED REAL ESTATE DEVELOPMENT FIRMS IN THE U.S. AS WELL AS CONDUCT A LANDSCAPING OF WOMEN REAL ESTATE DEVELOPERS TO COUNTER THEIR UNDERREPRESENTATION IN THE FIELD SO THAT THESE HISTORICALLY MARGINALIZED ENTREPRENEURS CAN BETTER SCALE THEIR BUSINESSES AND OVERCOME EQUITY GAPS.
2024
$25K
TO SUPPORT RESEARCH TO STUDY THE MOST SUCCESSFUL BLACK AND HISPANIC REAL ESTATE DEVELOPERS TO EQUIP THEM TO OVERCOME BARRIERS AND SCALE THEIR BUSINESSES
2024
$5K
MATCHING GIFT FOR BOARD MEMBERS & EMPLOYEES
2024
$200K
TO HELP LEADING COLLEGE ACCESS AND SUCCESS ORGANIZATIONS LAUNCH STRATEGIC INITIATIVES WITH SYSTEMS-CHANGE POTENTIAL.
2023
$125K
SUPPORT THE FIRST IN-PERSON EVENT OF THE CONSORTIUM FOR COLLEGE OPPORTUNITY
2023
$75K
For grant recipient's exempt purposes
2023
$250K
TO HELP LEADING COLLEGE ACCESS AND SUCCESS ORGANIZATIONS LAUNCH STRATEGIC INITIATIVES WITH SYSTEMS-CHANGE POTENTIAL.
2022
$50K
sponsor convenings to enable racial healing among education, non-profit, social impact and philanthropic leaders by creating space to integrate faith and justice and support relationship-building to catalyze action toward healing and transforming communities, organizations and institutions
2022
$30K
For grant recipient's exempt purposes
2022

Funded by

$1.0M from 7 funders · 10 grants · 2022–2024

The Kresge Foundation

$600K · 3 grants · 2022–2024

Jack Kent Cooke Foundation

$125K · 1 grant · 2023

Fidelity Investments Charitable Gift Fund

$105K · 2 grants · 2022–2023

Ares Charitable Foundation

$103K · 1 grant · 2024

WK Kellogg Foundation

$50K · 1 grant · 2022

Eugene & Agnes E Meyer Foundation

$25K · 1 grant · 2024

Tull Charitable Foundation Inc

$5K · 1 grant · 2024

Details

EIN874015431
NTEE codeB02
Subsection03
Ruling date2022-01
Formed2021
Employees0
Volunteers5
GROVE COLLECTIVE FOUNDATION — Mission, Financials & Grants Received | Grantivo