Nonprofit · EIN 87-4015431
GROVE COLLECTIVE FOUNDATION
Tax-exempt · WASHINGTON, DC 20016
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $1,145,679 | $951,503 | $194,176 | $817,651 | $199,440 | $618,211 |
| September 30, 2024 | 990 | $909,584 | $1,117,269 | -$207,685 | $599,200 | $175,165 | $424,035 |
| September 30, 2023 | 990 | $1,244,988 | $860,560 | $384,428 | $769,640 | $137,920 | $631,720 |
| September 30, 2022 | 990 (amended) | $745,000 | $497,708 | $247,292 | $355,770 | $108,478 | $247,292 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $976,755
- Program service revenue
- $150,833
- Investment income
- $18,091
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $162,564
- Salaries, compensation and benefits (total)
- $162,564
- Professional fundraising fees
- $0
- Legal fees
- $1,376
- Accounting fees
- $41,845
- Occupancy
- $1,994
- Travel
- $9,361
- Depreciation
- $69
- Program services (functional)
- $865,778
- Management and general (functional)
- $69,696
- Fundraising (functional)
- $16,029
Balance sheet and other
- Total assets, start of year
- $599,200
- Total assets, end of year
- $817,651
- Total liabilities, end of year
- $199,440
- Net assets, end of year
- $618,211
- Land, buildings and equipment
- $1,309
- Net assets without donor restrictions
- $211,004
- Net assets with donor restrictions
- $407,207
- Gross receipts
- $1,145,679
- Employees
- 0
- Volunteers
- 4
- Year formed
- 2021
- State of legal domicile
- DC
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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JACOB SCHRAMM | MANAGING PARTNER Trustee or director, Officer | 40 | $212,825 |
| NICOLE BAKER FULGHAM | DIRECTOR Trustee or director | 1 | $24,678 |
| SCOTT SIFF | DIRECTOR Trustee or director | 1 | $0 |
| EMMANUEL FORTUNE | DIRECTOR Trustee or director | 1 | $0 |
| KEVIN ROBINSON | DIRECTOR Trustee or director | 1 | $0 |
| KINNEY ZALESNE | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended September 30, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JACOB SCHRAMM | MANAGING PARTNER Trustee or director, Officer | 40 | $272,192 |
| SCOTT SIFF | DIRECTOR Trustee or director | 1 | $0 |
| EMMANUEL FORTUNE | DIRECTOR Trustee or director | 1 | $0 |
| KEVIN ROBINSON | DIRECTOR Trustee or director | 1 | $0 |
| KINNEY ZALESNE | DIRECTOR Trustee or director | 1 | $0 |
| NICOLE BAKER FULGHAM | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended September 30, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JACOB SCHRAMM | MANAGING PARTNER Officer | 30 | $89,042 |
| KINNEY ZALESNE | DIRECTOR Trustee or director | 1 | $49,000 |
| SCOTT SIFF | DIRECTOR Trustee or director | 1 | $0 |
| EMMANUEL FORTUNE | DIRECTOR Trustee or director | 1 | $0 |
| KEVIN ROBINSON | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended September 30, 2022: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SCOTT SIFF | DIRECTOR Trustee or director | 1 | $0 |
| EMMANUEL FORTUNE | DIRECTOR Trustee or director | 1 | $0 |
| KEVIN ROBINSON | DIRECTOR Trustee or director | 1 | $0 |
| KINNY ZALESNE | DIRECTOR Trustee or director | 1 | $0 |
| JACOB SCHRAMM | MANAGING PARTNER OF FOUNDATION Officer | 30 | $0 |
Address and contacts
- Address (IRS master file)
- 5185 MACARTHUR BLVD NW STE 456, WASHINGTON, DC 20016-3365
- In care of
- % JACOB SCHRAMM
- Principal officer (990 for 2024)
- JACOB SCHRAMM, 5185 MACARTHUR BLVD NW 456, WASHINGTON, DC 20016
- Signed the 990
- JACOB SCHRAMM, MANAGING PARTNER OF GROVE
- Phone
- (202) 251-9574
- Website
- GROVEIMPACT.ORG
- Return prepared by
- UHY INC
Mission
TO INCREASE ECONOMIC AND SOCIAL MOBILITY BY EQUIPPING INNOVATORS WITH TEAMS OF EXPERIENCED SOCIAL ENTREPRENEURS WHO CAN HELP THEM ACCELERATE THEIR SECTOR-CHANGING IDEAS. SOLUTIONS FOR THE WORLD'S MOST PRESSING SOCIAL CHALLENGES ARE OFTEN ENVISIONED BY LEADERS OF THE NONPROFITS AND UNIVERSITIES FACING THOSE CHALLENGES EVERY DAY. UNFORTUNATELY, THOSE LEADERS ARE OFTEN TOO BUSY RUNNING THEIR ORGANIZATIONS TO MOVE THE BIG IDEA, SO IT NEVER LEAVES THE DRAWING BOARD. THE FOUNDATION IS A SOCIAL-IMPACT ORGANIZATION THAT PROVIDES ENTREPRENEURIAL CAPACITY TO HELP PARTNERS MOVE THEIR BIG IDEA FROM CONCEPT TO CONCRETE.
Program accomplishments
- OBSIDIAN ECOSYSTEM INITIATIVE - BLACK AND BROWN REAL ESTATE DEVELOPERS SEED MULTIDIMENSIONAL INFRASTRUCTURE. THE OBSIDIAN ECOSYSTEM INITIATIVE CONNECTS THE NATION'S TOP EMERGING BLACK AND BROWN REAL ESTATE DEVELOPERS WITH EDUCATION, WORKFORCE, AND INFRASTRUCTURE INNOVATORS TO PROVIDE BREAKTHROUGH NEIGHBORHOOD-LEVEL SOCIAL AND ECONOMIC MOBILITY OUTCOMES.Expenses $252,617
- CONSORTIUM - A CONSORTIUM OF THE NATION'S HIGHLY-SELECTIVE COLLEGES AND HIGH-IMPACT COMMUNITY-BASED ORGANIZATIONS CREATES A MORE EQUITABLE APPLICATION PROCESS FOR STUDENTS FROM LOW-INCOME BACKGROUNDS.Expenses $488,590 · revenue $117,500
- THE REDEMPTIVE LEADERSHIP PROJECT SEEKS TO CREATE A SPACE FOR PEOPLE WITH MEANINGFUL DIFFERENCES TO COME TOGETHER IN TRUE FELLOWSHIP, DURING A TIME WHEN FEWER AND FEWER SUCH SPACES EXIST. THE COLLECTIVE CURATED AN INVITATION LIST TO BRING TOGETHER A COMMUNITY WITH DIVERSE EXPRESSIONS OF EMBODIED FAITH AND EXPERIENCE, REPRESENTING DIFFERENT CULTURES, DENOMINATIONS, POLITICAL VIEWS, SEXUAL ORIENTATIONS, ROLES IN EDUCATION, AND UNDERSTANDINGS OF GOD. THE COLLECTIVE DEEPLY BELIEVES IN THE POWER OF BUILDING COMMUNITY ACROSS MANY LINES OF DIFFERENCE, AND LOOKS FORWARD TO CO-CREATING A SACRED AND BRAVE SPACE OF LISTENING, LEARNING, AND COMMUNITY.Expenses $66,125
- YOUTHCREATE PROVIDES A NATIONAL SUPPORT SYSTEM THAT EMPOWERS LOCAL NONPROFITS TO ENGAGE YOUNG PEOPLE IN LEADING HIGH-QUALITY COMMUNITY IMPROVEMENT PROJECTS AND CREATING SOLUTIONS THAT STRENGTHEN THEIR COMMUNITIES.Expenses $8,161
- LEADERSHIP INITIATIVE FOR FAITH AND EDUCATION (LIFE) BUILDS PARTNERSHIPS BETWEEN SCHOOLS AND FAITH COMMUNITIES IN THE U.S., SUPPORTING THE LIFE INITIATIVE AT HARVARD'S GRADUATE SCHOOL OF EDUCATION. THE PROGRAM AIMS TO CLARIFY THE CENTER'S UNIQUE, VALUABLE CONTRIBUTION TO THE FIELD AND DEVELOP A STRATEGY TO EXPAND THE IMPACT OF LIFE.Expenses $50,285 · revenue $33,333
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 87-4015431
- 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
- 2022
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B02)
- Assets (IRS master file)
- $817,651
- Income (IRS master file)
- $1,145,679
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $1,145,679 | $951,503 | $817,651 | XML |
| 990 | September 2024 | $909,584 | $1,117,269 | $599,200 | XML |
| 990 | September 2023 | $1,244,988 | $860,560 | $769,640 | XML |
| 990 | September 2022 | $745,000 | $497,708 | $355,770 | XML |
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 87-4015431).
Questions about GROVE COLLECTIVE FOUNDATION
- What is the EIN of GROVE COLLECTIVE FOUNDATION?
- The employer identification number (EIN) of GROVE COLLECTIVE FOUNDATION is 87-4015431.
- Is GROVE COLLECTIVE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to GROVE COLLECTIVE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GROVE COLLECTIVE FOUNDATION 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 GROVE COLLECTIVE FOUNDATION due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GROVE COLLECTIVE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of GROVE COLLECTIVE FOUNDATION?
- The 990 for the year ended September 30, 2025 names JACOB SCHRAMM.
- Who are the officers and directors of GROVE COLLECTIVE FOUNDATION?
- The 990 for the year ended September 30, 2025 lists 6 people; 2 received compensation from the organization, the highest $212,825 (JACOB SCHRAMM, MANAGING PARTNER).
- How much revenue does GROVE COLLECTIVE FOUNDATION have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $1,145,679, expenses of $951,503 and total assets of $817,651 at year end.
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