NonprofitsMbolden Change

Human Services

Mbolden Change

PALO ALTO, CA

Total revenue

$611K

Total expenses

$929K

Net assets

$143K

Grants received

$1.7M

49 grants

EIN

204683289

Tax year

2024

Mission

mBOLDen Change funds, incubates, and advances systemic equity by strengthening nonprofit partners, resourcing community-driven solutions, and fostering stability, mobility, and belonging for people and families.

Programs

1 program

In 2024, mBOLDen Change expanded its core work in direct economic support. Through cash transfer and guaranteed income programs, the organization stabilized low-income households and improved access to basic needs. Direct payments promote dignity, autonomy, stability, and mobility for children, families and individuals. In 2024, mBOLDen Change completed two guaranteed income pilots: the Youth Cash Transfer Initiative and Project Empower, which paired flexible cash with wraparound services such as case management, financial coaching, and trauma-informed care.

Expenses: $272K

Financials

FY 2024

Revenue

Contributions & grants$604K
Program service revenue
Investment income$993
Other revenue$6K
Total revenue$611K

Expenses

Grants paid$16K
Salaries & benefits$421K
Fundraising$108K
Other expenses$492K
Total expenses$929K
Total assets$192K
Net assets$143K

People

5 listed

NameRoleCompensation

MINH NGO

Executive Dir.

Board

$245K

40 hrs/wk

CATTERINA OLAZABAL

Treasurer

Board

$29K

5 hrs/wk

MANDY MONTOYA

Trustee

Board

1 hrs/wk

ANNIE HOCKEY

Trustee

Board

1 hrs/wk

HELLENA RUIZ

Secretary

Board

1 hrs/wk

Grants received

Showing 49 of 49

FromAmountPurposeYear
$102K
Youth Development
2024
$400
General & Unrestricted
2024
$175K
GENERAL OPERATIONS
2023
$135K
GIFT-IN-KIND PROGRAMS
2023
$59K
Youth Development
2023
$15K
For grant recipient's exempt purposes
2023
$11K
TO ASSIST THOSE IN NEED
2023
$10K
UNRESTRICTED GENERAL SUPPORT
2023
$152K
GIK DONATIONS TO REACH REFUGEES AND IDPS
2022
$80K
YOUTH CASH TRANSFER PILOT STUDY AND GENERAL OPERATING SUPPORT
2022
$33K
Youth Development
2022
$15K
HUMAN SERVICES
2022
$15K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$13K
For grant recipient's exempt purposes
2022
$10K
DUAL SERVICE BASIC NEEDS PROGRAM
2022
$30K
DUAL SERVICE CASH TRANSFER PROGRAM
2021
$23K
For grant recipient's exempt purposes
2021
$23K
For grant recipient's exempt purposes
2021
$15K
HUMAN SERVICES
2021
$15K
General Operating
2021
$35K
GENERAL SUPPORT FOR CLIENTS
2020
$33K
For grant recipient's exempt purposes
2020
$27K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$25K
COMMUNITY RESPONSE
2020
$24K
Youth Development
2020
$20K
TO IMPROVE THE QUALITY OF LIFE AND WELL-BEING OF CHILDREN AND YOUTH EXPERIENCING ECONOMIC HARDSHIP.
2020
$10K
CLOTHING FOR CONFIDENCE PROGRAM
2020
$10K
A COVID-19 RELIEF PROGRAM
2020
$10K
TO PROVIDE FINANCIAL ASSISTANCE FOR NONPROFIT ORGANIZATIONS
2020
$15K
CLOTHING FOR CONFIDENCE PROGRAM - ON DEMAND INITIATIVE
2019
$10K
For grant recipient's exempt purposes
2019
$7K
HUMAN SERVICES
2019
$8K
CIVIC/COMMUNITY DEVELOPMENT
2018
$7K
For grant recipient's exempt purposes
2018
$30K
SOCIAL SERVICES/SOCIAL BENEFITS
2017

Funded by

$1.7M from 19 funders · 49 grants · 2017–2024

Donor Advised Charitable Giving Inc

$370K · 7 grants · 2017–2023

Woodlawn Foundation

$310K · 4 grants · 2020–2023

United States Association for UNHCR

$287K · 2 grants · 2022–2023

Silicon Valley Community Foundation

$218K · 4 grants · 2020–2024

Fidelity Investments Charitable Gift Fund

$125K · 7 grants · 2018–2023

American Online Giving Foundation Inc

$112K · 6 grants · 2019–2024

National Philanthropic Trust

$63K · 4 grants · 2019–2023

Vanguard Charitable Endowment Program

$42K · 2 grants · 2020–2022

Details

EIN204683289
NTEE codeP50
Subsection03
Ruling date2006-06
Formed2006
Employees4
Volunteers45
MBOLDEN CHANGE — Mission, Financials & Grants Received | Grantivo