Nonprofit · EIN 26-2048480
IMPACTASSETS INC
Tax-exempt · BETHESDA, MD 20814
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $680,266,004 | $627,276,057 | $52,989,947 | $3,002,686,264 | $43,028,154 | $2,959,658,110 |
| December 31, 2023 | 990 | $866,540,160 | $288,831,658 | $577,708,502 | $2,926,060,513 | $85,468,897 | $2,840,591,616 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $599,427,771
- Program service revenue
- $2,623,834
- Investment income
- $78,210,323
- Royalties
- $4,076
- Net gain from sales of assets
- -$586,289
- Other revenue
- $4,076
Expenses
- Grants and similar amounts paid
- $591,997,031
- Compensation of officers, directors and key employees
- $593,537
- Other salaries and wages
- $6,709,792
- Salaries, compensation and benefits (total)
- $8,801,304
- Professional fundraising fees
- $0
- Legal fees
- $623,325
- Accounting fees
- $157,754
- Occupancy
- $71,197
- Travel
- $515,702
- Depreciation
- $23,923
- Program services (functional)
- $606,016,171
- Management and general (functional)
- $18,933,144
- Fundraising (functional)
- $2,326,742
Balance sheet and other
- Total assets, start of year
- $2,926,060,513
- Total assets, end of year
- $3,002,686,264
- Total liabilities, end of year
- $43,028,154
- Net assets, end of year
- $2,959,658,110
- Land, buildings and equipment
- $15,495
- Publicly traded securities
- $990,860,812
- Net assets without donor restrictions
- $2,958,503,437
- Net assets with donor restrictions
- $1,154,673
- Gross unrelated business income
- -$37,557
- Gross receipts
- $1,851,394,905
- Employees
- 54
- Volunteers
- 1
- Year formed
- 2008
- State of legal domicile
- MD
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MARGRET TRILLI | CEO & CIO Officer | 20 | $217,238 | $221,770 | $63,027 |
| ALICE LOWENSTEIN | CHIEF OPERATING OFFICER Highest-paid employee | 40 | $392,307 | $0 | $59,203 |
| TIMOTHY FREUNDLICH | FOUNDER, ED, STRATEGIC PARTNER Highest-paid employee | 40 | $370,247 | $0 | $27,839 |
| IVY DUKE | GENERAL COUNSEL Highest-paid employee | 40 | $319,949 | $0 | $59,693 |
| DANA COTTER | MANAGING DIRECTOR, IMPACT Highest-paid employee | 40 | $304,181 | $0 | $32,090 |
| SURIN RAMKISSOON | TREASURER & MANAGING DIRECTOR, FINANCE Officer | 40 | $249,970 | $0 | $42,285 |
| DEBORAH PARSONS | MANAGING DIRECTOR, BUSINESS DEVELOPMENT & CLIENT E Highest-paid employee | 40 | $261,264 | $0 | $23,945 |
| DANIEL SKAFF | CHAIR-ELECT Trustee or director | 1 | $70,000 | $0 | $0 |
| LIESBET PEETERS | DIRECTOR Trustee or director | 1 | $50,000 | $0 | $0 |
| KIM WRIGHT-VIOLICH | SECRETARY Trustee or director, Officer | 1 | $50,000 | $0 | $0 |
| IAN FULLER | DIRECTOR Trustee or director | 1 | $40,000 | $0 | $0 |
| LAUREN BOOKER ALLEN | DIRECTOR Trustee or director | 1 | $35,000 | $0 | $0 |
| LIESEL PRITZKER SIMMONS | CHAIRPERSON Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MARGRET TRILLI | CEO & CIO Officer | 20 | $359,718 | $365,026 | $51,838 |
| TIMOTHY FREUNDLICH | FOUNDER, ED, STRATEGIC PARTNER Highest-paid employee | 40 | $350,511 | $0 | $27,577 |
| ALICE LOWENSTEIN | CHIEF OPERATING OFFICER Highest-paid employee | 40 | $314,133 | $0 | $46,654 |
| IVY DUKE | GENERAL COUNSEL Highest-paid employee | 40 | $249,917 | $0 | $35,992 |
| DEBORAH PARSONS | MANAGING DIRECTOR, BUSINESS DEVELOPMENT Highest-paid employee | 40 | $245,716 | $0 | $21,528 |
| SURIN RAMKISSOON | TREASURER & MANAGING DIRECTOR, FINANCE Officer | 40 | $220,882 | $0 | $40,681 |
| DANA COTTER | MANAGING DIRECTOR, IMPACT Highest-paid employee | 40 | $209,930 | $0 | $27,958 |
| LIESEL PRITZKER SIMMONS | CHAIRPERSON Trustee or director | 1 | $0 | $0 | $0 |
| KARL KLEISSNER | VICE CHAIR Trustee or director | 1 | $0 | $0 | $0 |
| RON CORDES | SECRETARY & DIRECTOR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| LAUREN BOOKER ALLEN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| LIESBET PEETERS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| GERHARD PRIES | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DONALD WAYNE SILBY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DANIEL SKAFF | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| KIM WRIGHT-VIOLICH | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 4340 EAST WEST HWY STE 210, BETHESDA, MD 20814-4653
- In care of
- % CALVERT FOUNDATION
- Mailing address (990-N for 2021)
- 7315 Wisconsin Ave Suite 1100W, Bethesda MD 20814
- Principal officer (990 for 2024)
- MARGRET TRILLI, 4340 EAST WEST HIGHWAY 210, BETHESDA, MD 20814
- Principal officer (990-N for 2021)
- Timothy Freundlich, 7315 Wisconsin Ave Suite 1100W, Bethesda MD 20814
- Signed the 990
- SURIN RAMKISSOON, MANAGING DIRECTOR, FINANCE
- Phone
- (855) 482-2946
- Website
- www.givingassets.org
- Return prepared by
- JOHNSON LAMBERT LLP
Mission
THE MISSION OF THIS CORPORATION IS TO BE THE PREEMINENT PARTNER FOR IMPACT INVESTING AND CHARITABLE GIVING, HELPING US ALL ACHIEVE OUR GREATEST IMPACT.
Program accomplishments
- IMPACTASSETS FACILITATES FUNDING TO ENTITIES, GROUPS OR PROJECTS THAT CREATE POSITIVE IMPACT BY PROVIDING DONORS AND INVESTORS WITH PRODUCTS, SERVICES, AND ADVICE, INCLUDING BUT NOT LIMITED TO PHILANTHROPIC GIVING, IMPACT INVESTING, EDUCATION, AND PROGRAMMING. IMPACTASSETS DONOR ADVISED FUND IS A WAY FOR DONORS TO MAXIMIZE THEIR IMPACT THROUGH BOTH GRANTS AND INVESTMENTS. THE IMPACTASSETS INVESTMENT PLATFORM AND CLIENT RECOMMENDED INVESTMENT SERVICE OFFER A WIDE RANGE OF INVESTMENT OPPORTUNITIES SPANNING IMPACT THEMES AND INVESTMENT VEHICLES, AND ARE UNIQUELY AVAILABLE TO IMPACTASSETS DONOR ADVISED FUND CLIENTS.Expenses $606,016,171 · grants $591,997,031 · revenue $2,270,021
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 26-2048480
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2009
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T70)
- Assets (IRS master file)
- $3,002,686,264
- Income (IRS master file)
- $1,851,394,905
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $680,266,004 | $627,276,057 | $3,002,686,264 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $866,540,160 | $288,831,658 | $2,926,060,513 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $382,327,423 | $243,930,414 | $2,191,122,674 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990-N for 2021 Officer: Timothy Freundlich | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
| 990-N for 2008 Officer: Timothy Freundlich | December 31, 2008 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-2048480).
Questions about IMPACTASSETS INC
- What is the EIN of IMPACTASSETS INC?
- The employer identification number (EIN) of IMPACTASSETS INC is 26-2048480.
- Is IMPACTASSETS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
- Are donations to IMPACTASSETS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does IMPACTASSETS INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of IMPACTASSETS INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did IMPACTASSETS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of IMPACTASSETS INC?
- The 990 for the year ended December 31, 2024 names MARGRET TRILLI.
- Who are the officers and directors of IMPACTASSETS INC?
- The 990 for the year ended December 31, 2024 lists 13 people; 12 received compensation from the organization, the highest $217,238 (MARGRET TRILLI, CEO & CIO).
- How much revenue does IMPACTASSETS INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $680,266,004, expenses of $627,276,057 and total assets of $3,002,686,264 at year end.
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