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Filing year 2023

GROVE COLLECTIVE FOUNDATION

Washington, District of Columbia·EIN 87-4015431·NTEE B02 · Education·501(c)(3)
Total revenue
$910k
Total assets
$599k
Total expenses
$1.1M
Reported officers
6
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.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

Managing Partner
Officer (Unspecified)
$272k
$298k
Base
$272k
Bonus
Other
Benefits

Teal figures restate each filed amount in 2026 dollars.

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 5 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at GROVE COLLECTIVE FOUNDATION equaled 24% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
24%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Top compensation, year by year

From $89k in 2022 to $272k in 2023.

$89k
2022
$272k
2023
In today's dollarsEst.
Up 196% in real terms$101k to $298k

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about GROVE COLLECTIVE FOUNDATION

What are GROVE COLLECTIVE FOUNDATION's revenue and expenses?

In 2023, GROVE COLLECTIVE FOUNDATION reported $910k in total revenue and $1.1M in total expenses on its IRS Form 990.

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