Catalytic Impact Foundation Inc logo

Catalytic Impact Foundation Inc

Public charity · Grantmaker Hingham, MA EIN: 47-5334467 Website

To use philanthropic funds to support and accelerate innovation in life sciences and healthcare.

Key facts about Catalytic Impact Foundation Inc

In short: Catalytic Impact Foundation Inc gave $625K across 1 grant in 2024 (avg $625K), mostly in Maryland. Source: 2024 IRS Form 990.

EIN
47-5334467
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$625,000
Grants made (2024)
1
Average grant
$625,000
Median grant
$625,000
Total assets
$1,067,738
Primary geography
Maryland (100% of itemized 2024 grant dollars)

Data from IRS Form 990, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$1.1M

+6.6% YoY

Annual Giving

$625K

+150.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$625K

+150.0% YoY

How Catalytic Impact Foundation Inc gives

  • Giving fell 82% from 2021 to 2024. Method

From the foundation's IRS Form 990 filings. Methodology.

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

States

Cities

Bethesda

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M$4M1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $150K (2022) to $3.4M (2021). In 2024 it made 1 grant totaling $625K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Impact Assets: $625KImpact Assets$625K

The largest 2024 recipient was Impact Assets ($625K).

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K1$100–250K1$250–500K1$500K–1M2$1–5M$5M+

The most common grant size was in the $1–5M range: 2 grants of 5 (40%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Impact Assets Bethesda, MDSupport for accelerating innovations in healthcare.$625,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$2M$4M$6M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$1,067,738$1,001,269$495,338
Revenue$1,102,424$1,297,166$474,195
Expenses$998,726$791,484$743,450
Net Investment Income$42,540$8,816$25

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS August 12, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS November 10, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS July 24, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 13, 2025)
  6. IRS filings on file for fiscal years 2020–2024

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

Rachel Butler — President: $93KRachel ButlerPresident$93KRichard Lipkin — Treasurer: $90KRichard LipkinTreasurer$90K

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.

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