Lever Fund
Lever Fund
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About this organization
Mission
The Lever Fund was formed with the mission to raise more local poverty-fighting dollars and to spend them in a smarter, data-driven way.
About
Raise local poverty-fighting dollars and make investments/grants in high-performance, high-impact nonprofits in Northern Virginia, the District, and Maryland.
Interesting data from their 2020 990 filing
According to the filing, the non-profit's mission is “The lever fund was formed with the mission to raise more local poverty-fighting dollars and to spend them in a smarter, data-driven way.the lever fund model is inspired by successful organizations such as the robin hood foundation (new york city, ny), a better chicago (chicago, il), and tipping point (san francisco, ca). like these innovative nonprofit funders, the lever fund applies sound metrics, emphasizes genuine impact, and is committed to producing solid returns on investment with the goal of moving people from poverty to opportunity--while keeping investors informed every step of the way.”.
When referring to its actions, they were described as: “The lever fund was formed with the mission to raise more local poverty-fighting dollars and to spend them in a smarter, data-driven way.”.
- According to the law, the state of operation reported by the non-profit is DC.
- As per the filing, the address of the non-profit for 2020 is 5440 NEVADA AVE NW, WASHINGTON, DC, 20015.
- According to their form, the non-profit as of 2020 has a total of 0 employees.
- Is not a private foundation.
- Expenses are less than $100,000.
- Revenue is less than $100,000.
- Revenue less expenses is -$84,757.
- The organization has 6 independent voting members.
- The organization was formed in 2013.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $32,634 in fundraising expenses.