NonprofitsImpact Ventures Accelerator

Education

Impact Ventures Accelerator

DALLAS, TX

Total revenue

$1.2M

Total expenses

$1.0M

Net assets

$1.0M

Grants received

$1.0M

16 grants

EIN

830699171

Tax year

2024

Mission

To empower talented, yet under-estimated Women and Communities of Color to build generational wealth through inclusive entrepreneurship, community wealth building, and integrated capital.

Financials

FY 2024

Revenue

Contributions & grants$1.2M
Program service revenue$40K
Investment income$178
Other revenue$150
Total revenue$1.2M

Expenses

Grants paid$83K
Salaries & benefits$494K
Fundraising$200K
Other expenses$464K
Total expenses$1.0M
Total assets$1.8M
Net assets$1.0M

People

12 listed

NameRoleCompensation

Benjamin Vann

Founder & CEO

Board

$168K

40 hrs/wk

Ashford Chancellor

Treasurer

Board

1 hrs/wk

Roy Lopez

President

Board

1 hrs/wk

Drexel Owusu

Secretary

Board

1 hrs/wk

Oliver L Simms III

Director

Board

1 hrs/wk

Annika Cail

Director

Board

1 hrs/wk

Greer Christian

Director

Board

1 hrs/wk

Ted Hill

Vice President

Board

1 hrs/wk

John Jaggers

Director

Board

1 hrs/wk

Ben Magill

Director

Board

1 hrs/wk

Krystian Reyes

Director

Board

1 hrs/wk

Kelly Spillane

Director

Board

1 hrs/wk

Grants received

Showing 16 of 16

FromAmountPurposeYear
$250K
IN SUPPORT OF NEIGHBORHOOD REVITALIZATION
2024
$125K
Toward enabling entrepreneurs of color in South Dallas to access capital, establish and grow their businesses, and provide jobs in the community
2024
$100K
PROGRAM/OPERATING SUPPORT
2023
$13K
GENERAL OPERATING SUPPORT
2023
$13K
GENERAL OPERATING SUPPORT
2023
$6K
THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT.
2023
$125K
GENERAL SUPPORT
2022
$75K
PROGRAM/OPERATING SUPPORT
2022
$35K
FOR BII COHORT PARTICIPATORY GRANTMAKING POOL
2022
$25K
GENERAL OPERATING
2022
$11K
THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT.
2022
$10K
COMMUNITY & HUMAN SERVICES
2022
$10K
Impact Ventures Accelerator
2022
$26K
FOR BII COHORT PARTICIPATORY GRANTMAKING POOL
2021
$150K
THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT.
2020
$50K
GENERAL SUPPORT
2020

Funded by

$1.0M from 10 funders · 16 grants · 2020–2024

Jpmorgan Chase Foundation

$250K · 1 grant · 2024

The Bank of America Charitable Foundation Inc

$175K · 2 grants · 2022–2023

The Dallas Foundation

$175K · 2 grants · 2020–2022

Communities Foundation Of Texas Inc

$167K · 3 grants · 2020–2023

Meadows Foundation Inc

$125K · 1 grant · 2024

Rsf Social Finance Inc

$61K · 2 grants · 2021–2022

Possibility Labs

$26K · 2 grants · 2023

Stand Together Foundation

$25K · 1 grant · 2022

Details

EIN830699171
NTEE codeB90
Subsection03
Ruling date2020-05
Formed2018
Employees6
Volunteers37
IMPACT VENTURES ACCELERATOR — Mission, Financials & Grants Received | Grantivo