Arrow Impact
Arrow Impact is a private foundation based in Menlo Park, California. It supports initiatives that create pathways to economic prosperity and well-being for under-resourced communities in the United States, investing in organizations with potential for systemic impact and supporting efforts to promote a more equitable and efficient philanthropic ecosystem.
Arrow Impact at a glance
In short: Arrow Impact gave $11.0M across 25 grants in 2024 (avg $441K), top state California. 52% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $11,027,500
- +156.5% vs 2023
- Grants made (2024)
- 25
- +177.8% vs 2023
- Average grant
- $441,100
- -7.7% vs 2023
- Median grant
- $300,000
- Total assets
- $68,180,733
- +12.9% vs 2023
- New grantees (estimate)
- 52% first-time grantees (13 of 25, 2024)
- Primary geography
- California (38% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Arrow Impact
- Accepts unsolicited proposals
- No
- How to Apply
-
Arrow Impact makes contributions only to preselected charitable organizations and does not accept unsolicited requests.
- Contact
Mailing address: 2885 Sand Hill Rd Suite 100, Menlo Park, CA 94025
Phone: (650) 678-3802
Website: https://arrowimpact.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Arrow Impact funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Per Scholas ($2.5M). Together the top 10 received $7.4M.
Grant Size Distribution
86 grants across all recorded years
The most common grant size was in the $250–500K range: 40 grants of 86 (47%).
Geographic Focus
Where this funder awards grants
The 2024 grant dollars were distributed among recipients in California (38%), New York (33%), Massachusetts (9%), Illinois (6%), and the District of Columbia (3%). The foundation’s grantee descriptions also show work in areas including early childhood development, education, workforce development, housing, and criminal justice.
Grant Distribution by State
Share of 2024 grant dollars across all 25 itemized grants.
States
Cities
Is Arrow Impact open to new grantees?
52%
first-time grantees, 2024
In 2024, 13 of 25 grantees (52%) were first-time recipients. First grants averaged $327K; repeat grants $565K. How we count
Medians: $300K first-time, $364K repeat.
- 12% of 2024 grantees were also funded in 2023. Method
- Giving grew 135% from 2021 to 2024. Method
- In 2024 it paid out 403% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $3.1M (2020) to $11.0M (2024). In 2024 it made 25 grants totaling $11.0M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Per Scholas Bronx, NY | General Operating Support | $2,500,000 |
| New Profit Inc Boston, MA | General Operating Support | $1,000,000 |
| Newschools Venture Fund Oakland, CA | General Operating Support | $750,000 |
| Echoing Green New York, NY | General Operating Support | $500,000 |
| San Francisco Foundation San Francisco, CA | General Operating Support | $500,000 |
| Talkingpoints San Francisco, CA | General Operating Support | $500,000 |
| Philanthropy Ventures Foundation Oakland, CA | Rise East Initiative | $500,000 |
| Braven Chicago, IL | General Operating Support | $400,000 |
| Robin Hood Foundation New York, NY | General Operating Support | $400,000 |
| Policylink Oakland, CA | Liberation Ventures | $350,000 |
Ready to take the next step with Arrow Impact?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $68,180,733 | $16,427,753 | $9,294,582 | $11,027,500 | 25 | $11,588,432 | $2,181,136 | $2,876,474 |
| 2023 | $60,392,425 | $8,777,238 | $2,252,179 | $4,300,000 | 9 | $4,690,366 | $1,526,541 | $2,534,406 |
| 2022 | $52,170,826 | $9,029,500 | $4,522,439 | $6,665,000 | 22 | $6,974,848 | $503,319 | $2,707,826 |
| 2021 | $55,800,316 | $25,808,838 | $12,683,495 | $4,700,000 | 11 | $5,108,116 | $2,143,145 | $1,461,454 |
| 2020 | $31,224,436 | $12,042,693 | $3,351,865 | $3,150,000 | 19 | — | $6,271,953 | $837,310 |
Under IRS private-foundation payout rules, Arrow Impact reported a distributable amount of $2.9M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
Arrow Impact says it seeks to support initiatives that create pathways to economic prosperity and well-being for communities that have been under-resourced in the U.S. Its grantees work across early childhood development, education, workforce development, asset building, housing, and criminal justice. It also supports economic-mobility-focused philanthropic intermediaries.
Examples include Per Scholas, which describes its work as advancing economic mobility through training, professional development, and employer connections; All Our Kin, which trains and supports community child care providers; and TalkingPoints, which uses technology to connect schools, teachers, and families to support student success. Terner Housing Innovation Labs describes its work as promoting innovation and research to increase access to quality, affordable housing.
The foundation identifies equity, learning, partnership, and trust as its values. It says it demonstrates trust in grantees in part by providing general operating support.
Grantmaking
In 2024, Arrow Impact reported 25 grants totaling $11,027,500. Grants ranged from $50,000 to $2,500,000, with a median of $300,000. The largest awards included $2,500,000 to Per Scholas for general operating support, $1,000,000 to New Profit for general operating support, $750,000 to NewSchools Venture Fund for general operating support, and $500,000 each to Echoing Green, the San Francisco Foundation, and TalkingPoints for general operating support.
Other 2024 grants included $500,000 to Philanthropy Ventures Foundation for the Rise East Initiative, $400,000 to Braven for general operating support, $350,000 to PolicyLink for Liberation Ventures, and $327,500 to All Our Kin for general operating support.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Charles M. Wolfson as executive director, Mark A. Wolfson as president, and B. Howard Pearson as vice president.
Arrow Impact is led by Charles M. Wolfson, Executive Director on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Charles M. Wolfson
Executive Director
On filings since 2020
40 hrs/week
No compensation reported
Mark A. Wolfson
President
On filings since 2020
15 hrs/week
No compensation reported
B. Howard Pearson
Vice President
On filings since 2020
2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Arrow Impact
How much does Arrow Impact give each year?
Arrow Impact gave $11.0M across 25 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $4.3M across 9 grants.
What is Arrow Impact's typical grant size?
Arrow Impact's median grant in 2024 was $300,000, and its average grant was $441,100, across 25 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Arrow Impact that year got $327K on average.
Where does Arrow Impact give grants?
Arrow Impact's top state is California, with 38% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were New York (33%) and Massachusetts (9%). The most frequent recipient cities were Oakland, CA (4 grants), New York, NY (4 grants), San Francisco, CA (3 grants) and Chicago, IL (2 grants).
Does Arrow Impact give general operating support?
Yes: 84% of Arrow Impact's 2024 grants with a stated purpose (21 of 25) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Arrow Impact's largest grantees?
Arrow Impact's largest 2024 grantees include Per Scholas ($2,500,000), New Profit Inc ($1,000,000) and Newschools Venture Fund ($750,000), according to its 2024 IRS Form 990-PF. Together they received 39% of its itemized 2024 grant dollars.
How large is Arrow Impact?
Arrow Impact reported $68.2M in total assets on its 2024 IRS Form 990-PF. It paid out $11.6M in qualifying distributions that year, against a required minimum of $2.9M (roughly 5% of its investment assets).
What does Arrow Impact fund?
Arrow Impact says it seeks to support initiatives that create pathways to economic prosperity and well-being for communities that have been under-resourced in the U.S. See mission & focus areas ↑
How do I apply for a grant from Arrow Impact?
Arrow Impact makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Arrow Impact's EIN?
Arrow Impact's EIN (Employer Identification Number) is 83-1423625. IRS Form 990 filing data is available on this page for 2020–2024.
Does Arrow Impact accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Arrow Impact's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Arrow Impact funder profile. GrantGraph. Retrieved October 13, 2026, from https://grantable.co/funders/arrow-impact-morg_2645b163a2bd4272acf1def48481e625
BibTeX
@misc{grantable_831423625_2026,
author = {{Grantable}},
title = {{Arrow Impact funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/arrow-impact-morg_2645b163a2bd4272acf1def48481e625},
note = {Accessed 2026-10-13. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Arrow Impact's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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