Catalytic Impact Foundation Inc
To use philanthropic funds to support and accelerate innovation in life sciences and healthcare.
Catalytic Impact Foundation Inc at a glance
In short: Catalytic Impact Foundation Inc gave $625K across 1 grant in 2024 (avg $625K), mostly in Maryland. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $625,000
- +150.0% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $625,000
- +150.0% vs 2023
- Median grant
- $625,000
- Total assets
- $1,067,738
- +6.6% vs 2023
- Primary geography
- Maryland (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Catalytic Impact Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Impact Assets ($625K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $1–5M range: 2 grants of 5 (40%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Catalytic Impact Foundation Inc gives
- Giving fell 82% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $150K (2022) to $3.4M (2021). In 2024 it made 1 grant totaling $625K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Impact Assets Bethesda, MD | Support for accelerating innovations in healthcare. | $625,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $1,067,738 | $1,102,424 | $998,726 | $625,000 | 1 | $42,540 |
| 2023 | $1,001,269 | $1,297,166 | $791,484 | $250,000 | 1 | $8,816 |
| 2022 | $495,338 | $474,195 | $743,450 | $150,000 | 1 | $25 |
| 2021 | $757,380 | $980,430 | $3,694,583 | $3,402,500 | 1 | $453 |
| 2020 | $3,457,943 | $4,075,104 | $1,512,377 | $1,350,000 | 1 | $3,764 |
About Catalytic Impact Foundation Inc
Based on IRS filings
Catalytic Impact Foundation Inc is a public charity, based in Hingham, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 1 grant totaling $625K. Net investment income was $43K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Catalytic Impact Foundation Inc is led by Rachel Butler, President on every filing since 2020; 2 of 5 officers listed in 2024 are compensated.
Officers on the 2024 filing
Rachel Butler
President
On filings since 2020
40 hrs/week
$52K (2020) → $93K (2024)
Robert Wolk
Board Chair
New on the 2024 filing
15 hrs/week
No compensation reported
Gwill York
Director
On filings since 2023
1 hr/week
No compensation reported
Richard Lipkin
Treasurer
Secretary & Treasurer → Treasurer, 2021
On filings since 2020
40 hrs/week
$52K (2020) → $90K (2024)
Susana Frazao Pinhiero
Secretary
On filings since 2021
1 hr/week
No compensation reported
Former officers (2)
- Former: Rob Wolk (2020–2023) — Board Chair
- Former: James Patrick (2020) — Director
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.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $93K, to Rachel Butler (President). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Catalytic Impact Foundation Inc
How much does Catalytic Impact Foundation Inc give each year?
Catalytic Impact Foundation Inc gave $625K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $250K across 1 grant.
How large is Catalytic Impact Foundation Inc?
Catalytic Impact Foundation Inc reported $1.1M in total assets on its 2024 IRS Form 990. Its revenue that year was $1.1M.
Where does Catalytic Impact Foundation Inc operate?
Catalytic Impact Foundation Inc has awarded grants in Maryland.
What is Catalytic Impact Foundation Inc's EIN?
Catalytic Impact Foundation Inc's EIN (Employer Identification Number) is 47-5334467. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS August 12, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 10, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS July 24, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 13, 2025)
- IRS filings on file for fiscal years 2020–2024
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