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Impact Austin Foundation

Impact Austin Foundation

Austin, TX 78755
Tax ID56-2367666

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About this organization

Revenue

$646,618

Expenses

$639,284

Website

impactaustin.org

Mission

Impact Austin cultivates the collective wisdom and strength of women to transform ourselves and our communities through philanthropy.

About

The orgainization extends high impact program grants and a catalyst grant for strengthening infrastructure funded each June. The high impact grants are selected from proposals for programs or projects in certain focus areas: community, education, health & wellbeing, and catalyst categories. All grants are funded by combining annual donations from members. Current membership requirements are simply to be female and to donate $1,250 each year, with $1,000 going to grant recipients, and $250 going to supporting Impact Austin operations. Beyond this, each member can be as engaged or involved as she chooses. In June of 2019, Impact Austin gave four program grants of $100,000 each to four individual nonprofits within the local community.

Interesting data from their 2020 990 filing

The purpose of the non-profit is outlined in the filing as “Impact austin provides high-impact grants to local nonprofits through a collective giving model and is funded by its members. in addition,our organization holds member education events”.

When detailing its duties, they were outlined as: “Impact austin provides high-impact grants to local nonprofits through a collective giving model and is funded by its members. in addition,our organization holds member education events”.

  • The state where the non-profit operates has been legally reported as TX.
  • The filing indicates that the non-profit's address in 2020 is located at PO BOX 28148, AUSTIN, TX, 78755.
  • The non-profit's form for the year 2020 reports a total of 2 employees on their payroll.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor-advised fund.
  • Is not a private foundation.
  • Expenses are between $500,000 and $1,000,000+.
  • Revenue is between $500,000 and $1,000,000+.
  • Revenue less expenses is $7,334.
  • The CEO's remuneration policy within the organization is established through an impartial review and endorsement process.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 10 independent voting members.
  • The organization was formed in 2003.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule O.
  • The organization's financial statements were compiled or reviewed by an accountant.
  • The organization pays $121,556 in salary, compensation, and benefits to its employees.
  • The organization pays $22,112 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has grants to organizations.
  • The organization's financial statements were reviewed by an accountant.

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