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Filing year 2024

THE NEW IMPACT FUND

Minneapolis, Minnesota·EIN 46-5187324·NTEE T50 · Philanthropy, Voluntarism & Grantmaking Foundations·3
Total revenue
$784k
Total assets
$1.1M
Total expenses
$1M
Reported officers
4
Mission

TO CONNECT BIPOC ENTREPRENEURS IN TWIN CITIES NEIGHBORHOODS WITH THE FINANCIAL AND SOCIAL CAPITAL THEY NEED TO GROW AND SUSTAIN THEIR BUSINESSES BY ACTIVATING UNTAPPED INDIVIDUAL WEALTH, ULTIMATELY WORKING TO ELIMINATE THE RACIAL WEALTH GAP IN OUR LOCAL ECOSYSTEM.

Executive compensation, broken down

Form 990 · Schedule J · 1 reported individual · Filing year 2024

$255k
$272k
Base
$167k
Bonus
$5k
Other
Benefits
$83k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 3 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Up 71%
from 2023

From $149k in 2023 to $255k in 2024.

$149k
2023
$255k
2024
In today's dollarsEst.
Up 67% in real terms$163k to $272k

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI 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.

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