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Children's Equity Fund

Public charity · Grantmaker Washington, DC EIN: 84-3694024 Website

Children’s Equity Fund (CEF) is a public charity based in Washington, DC, established in 2019 through a donation from the Jane Bainum Trust. It advances policy change at the federal, state, and local levels to improve the well-being of children and families, and funds policy advocacy, voter protection, and voter education.

Key facts about Children's Equity Fund

In short: Children's Equity Fund gave $6.9M across 31 grants in 2025 (avg $223K), top state District of Columbia. 46% of 2025 grantees were new. Source: 2025 IRS Form 990.

EIN
84-3694024
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$6,915,750
Grants made (2025)
31
Average grant
$223,089
Median grant
$150,000
New grantees (estimate)
46% first-time grantees (12 of 26, 2025)
Total assets
$114,354,450
Primary geography
District of Columbia (46% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$114.4M

-1.2% YoY

Annual Giving

$6.9M

-27.8% YoY

Grant Count

31

-11.4% YoY

Avg Grant Size

$223K

-18.5% YoY

Is Children's Equity Fund open to new grantees?

46%

first-time grantees, 2025

In 2025, 12 of 26 grantees (46%) were first-time recipients. First grants averaged $145K; repeat grants $370K. How we count

Medians: $100K first-time, $205K repeat.

  • 54% of 2025 grantees were also funded in 2024. Method
  • Giving grew 113% from 2022 to 2025. Method

Estimate from itemized grant lists in IRS Form 990 filings (2022–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

CEF’s mission is to champion comprehensive policy changes at the federal, state, and local levels to create lasting systems change that improves the well-being of children and families. Its filing describes work with local and national organizations to advance equity-driven policies and systemic change for young children from birth through age eight and their families, including advocacy for increased public investment in early childhood programs and services, with attention to historically marginalized communities. The organization also supports voter education and protection, which it connects to civic engagement and lasting systems change.

CEF says it funds organizations and collaboratives working to address racial and economic inequities affecting Black and brown communities. Grantees’ stated missions illustrate the range of funded work: Impact Fellows Action Fund describes providing funding and technical assistance to state advocates for early childhood policies; Virginia Promise in Action says it builds political will for policy improvements and increased investment in Virginia’s child care system; and Economic Security Project Action says it advocates for economic power, guaranteed income, and cash tax credits.

Grantmaking

In 2025, CEF reported 31 grants totaling $6,915,750. Grants ranged from $10,000 to $930,000, with a median of $150,000. Notable awards included $930,000 to DC Action for Children, $800,000 to Future Now Action, $650,000 to Impact Fellows Action Fund, $600,000 to Economic Security Project Action, and $400,000 to Jews United for Justice Campaign Fund. Other large awards included $395,000 to Clapham Group LLC, $350,000 to Future Now Action, and $250,000 to Center for Community Change Action.

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Geographic Focus

Where this funder awards grants

CEF’s 2025 grant dollars were distributed among recipients in multiple states, with the largest shares going to Washington, DC (46%), Virginia (12%), New York (12%), Kansas (9%), and Mississippi (7%). These figures describe the locations of grant recipients.

Grant Distribution by State

14states

Share of 2025 grant dollars across all 31 itemized grants.

Cities

WashingtonNew YorkBaltimorePhiladelphiaMontpelierRichmondSeattleHyattsvilleJacksonLangley ParkLeawoodPhoenixRaleighArlingtonBellevueColumbusMadisonMilwaukeeSpringfieldYoungstown

Giving Over Time

Total grant dollars and number of grants per year

$0$2.5M$5M$7.5M$10M0 grants2021 12 grants2022 11 grants2023 35 grants2024 31 grants2025

From 2022 to 2025, annual grant giving ranged from $3.2M (2022) to $9.6M (2024). In 2025 it made 31 grants totaling $6.9M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Future Now Action: $1.1M across 2 grantsFuture Now Action$1.1M · 2 grantsDC Action for Children: $930KDC Action for Children$930KEconomic Security Project Action: $800K across 2 grantsEconomic Security ProjectAction$800K · 2 grantsImpact Fellows Action Fund: $650KImpact Fellows Action Fund$650KJews United for Justice Campaign Fund: $450K across 2 grantsJews United for JusticeCampaign Fund$450K · 2 grantsClapham Group LLC: $395KClapham Group LLC$395KLets Grow Kids Action Network: $300K across 2 grantsLets Grow Kids Action Network$300K · 2 grantsCenter for Community Change Action: $250KCenter for Community ChangeAction$250KMississippi Voter Alliance: $250KMississippi Voter Alliance$250KVirginia Promise in Action: $240KVirginia Promise in Action$240K

The largest 2025 recipient was Future Now Action ($1.1M across 2 grants). Together the top 10 received $5.4M.

Grant Size Distribution

89 grants across all recorded years

15<$50K7$50–100K34$100–250K22$250–500K7$500K–1M4$1–5M$5M+

The most common grant size was in the $100–250K range: 34 grants of 89 (38%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
DC Action for Children Washington, DCFY25 CEF Grant$930,000
Future Now Action Washington, DCFY24 CEF Grant$800,000
Impact Fellows Action Fund Leawood, KSSocial Welfare Grant$650,000
Economic Security Project Action New York, NYCEF Primary Purpose Renewal Grant$600,000
Jews United for Justice Campaign Fund Washington, DCCEF Primary Purpose Grant$400,000
Clapham Group LLC Springfield, VAGrant for CTC Efforts$395,000
Future Now Action Washington, DCCEF Political Activity Renewal Grant$350,000
Center for Community Change Action Washington, DCFY24 Request$250,000
Mississippi Voter Alliance Jackson, MSFY25 CEF Social Welfare Grant$250,000
Virginia Promise in Action Richmond, VACEF Social Welfare Grant$240,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grant sum
2025 $114,354,450 $10,870,033 $9,467,242 $6,915,750
2024 $115,732,034 $1,800,083 $11,484,106 $9,581,250
2023 $120,585,585 $2,430,629 $4,764,606 $3,720,000
Revenue
Expenses
Net Investment Income
$0$5M$10M$15M2021 2022 2023 2024 2025
Metric202520242023
Total Assets$114,354,450$115,732,034$120,585,585
Revenue$10,870,033$1,800,083$2,430,629
Expenses$9,467,242$11,484,106$4,764,606
Net Investment Income$10,870,033$1,800,083$2,430,629

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2023 (received by the IRS May 15, 2024)
  2. Updated Form 990 for fiscal year 2024 (received by the IRS April 30, 2025)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS May 1, 2023)
  4. Added Form 990 for fiscal year 2025 (received by the IRS May 12, 2026)
  5. IRS filings on file for fiscal years 2021–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Barbara Bainum as board chair; Scott Renschler, Brad Bainum, Alaina Beverly, and Roxana Norouzi as board directors; David Daniels as president; Michael Brannan as treasurer and CFO; Mae Cheung and Aimee Stewart as part-year secretaries; and John Grant as director of program and operations. The organization states that its board includes Bainum family members and trusted experts.

Children's Equity Fund is led by David Daniels, President on every filing since 2021; 9 of 15 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • David Daniels

    President

    On filings since 2021

    4 hrs/week

    $16K (2021) → $74K (2025)

  • Barbara Bainum

    Board Chair

    Director & Member → Board Director, 2023

    Board Director → Board Chair, 2025

    On filings since 2021

    1 hr/week

    No compensation reported

  • Angela Deeds

    Senior Director of Finance

    Treasurer → Senior Director of Finance, 2024

    On filings since 2021

    2 hrs/week

    $8K (2021) → $17K (2025)

  • John Grant

    Director, Program & Operations

    New on the 2025 filing

    40 hrs/week

    $180K (2025)

  • Kelly Smith

    Director of Communications

    New on the 2025 filing

    4 hrs/week

    $23K (2025)

  • Scott Renschler

    Board Director

    Director → Board Director, 2023

    On filings since 2021

    1 hr/week

    No compensation reported

  • Brad Bainum

    Board Director

    Director → Board Director, 2023

    On filings since 2022

    1 hr/week

    No compensation reported

  • Alaina Beverly

    Board Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Roxana Norouzi

    Board Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Mae Cheung

    Part-Year Secretary

    Secretary → Part-Year Secretary, 2025

    On filings since 2021

    6 hrs/week

    $16K (2021) → $44K (2025)

  • Marica Cox Mitchell

    Chief Program Officer

    Senior Director & Early Childhood → Vice President, 2023

    Vice President → Chief Program Officer, 2025

    On filings since 2022

    1 hr/week

    $5K (2022) → $3K (2025)

  • Rebecca Cisek

    Chief Impact Officer

    Vice President of Organization Learning → Vice President, 2023

    Vice President → Chief Impact Officer, 2025

    On filings since 2022

    2 hrs/week

    $2K (2022) → $22K (2025)

  • Clara Northington

    Vice President of Human Resources

    On filings since 2023

    2 hrs/week

    $11K (2023) → $21K (2025)

  • Michael Brannan

    Treasurer & CFO

    Treasurer & Vice President of Finance → Treasurer & CFO, 2025

    On filings since 2024

    1 hr/week

    $9K (2024) → $18K (2025)

  • Aimee Stewart

    Part-Year Secretary

    New on the 2025 filing

    No compensation reported

Former officers (7)
  • Former: Leila Otis Left (2024) — Senior Advisor
  • Former: Miyesha Perry (2024) — Director of Grants Management
  • Former: Ann Egan (2022–2023) — Director & Communications
  • Former: Leila Otis (2022–2023) — CFO & Related Organization
  • Former: Brenda Henry (2022) — Vice President of Programs
  • Former: Andrew Curtis (2021) — Director & Infor. Technology
  • Former: Roberto Rodriguez (2021) — Director

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

John Grant — DIR. , Program & Operations: $180KJohn GrantDIR. , Program & Operations$180KDavid Daniels — President: $74KDavid DanielsPresident$74KMae Cheung — Part-Year Secretary: $44KMae CheungPart-Year Secretary$44KKelly Smith — DIR. of Communications: $23KKelly SmithDIR. of Communications$23KRebecca Cisek — Chief Impact Officer: $22KRebecca CisekChief Impact Officer$22KClara Northington — VP of Human Resources: $21KClara NorthingtonVP of Human Resources$21KMichael Brannan — Treasurer and CFO: $18KMichael BrannanTreasurer and CFO$18KAngela Deeds — Senior DIR. of Finance: $17KAngela DeedsSenior DIR. of Finance$17KMarica Cox Mitchell — Chief Program Officer: $3KMarica Cox MitchellChief Program Officer$3K

The highest reported compensation on the 2025 filing was $180K, to John Grant (DIR. , Program & Operations). 9 officers or directors reported compensation on that filing.

Contact

Mailing address: 1401 H Street 650, Washington, DC 20005
Phone: (240) 450-0011
Website: https://childrensequityfund.org

Frequently asked questions about Children's Equity Fund

How much does Children's Equity Fund give each year?

Children's Equity Fund gave $6.9M across 31 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $9.6M across 35 grants.

What is Children's Equity Fund's typical grant size?

Children's Equity Fund's median grant in 2025 was $150,000, and its average grant was $223,089, across 31 grants on its 2025 IRS Form 990. Organizations receiving their first grant from Children's Equity Fund that year got $145K on average.

Where does Children's Equity Fund give grants?

Children's Equity Fund's top state is District of Columbia, with 46% of the grant dollars itemized on its 2025 IRS Form 990. The next largest states were Virginia (12%) and New York (12%). The most frequent recipient cities were Washington, DC (10 grants), Jackson, MS (3 grants), Hyattsville, MD (3 grants) and Seattle, WA (3 grants).

Does Children's Equity Fund give general operating support?

Not in 2025: none of the 31 grants with a stated purpose on Children's Equity Fund's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "CEF Board Discretionary" (5 grants), "CEF Primary Purpose Renewal Grant" (4 grants) and "FY24 CEF Grant" (3 grants).

Who are Children's Equity Fund's largest grantees?

Children's Equity Fund's largest 2025 grantees include Future Now Action ($1,150,000 across 2 grants), DC Action for Children ($930,000) and Economic Security Project Action ($800,000 across 2 grants), according to its 2025 IRS Form 990. Together they received 42% of its itemized 2025 grant dollars.

How large is Children's Equity Fund?

Children's Equity Fund reported $114.4M in total assets on its 2025 IRS Form 990. Its revenue that year was $10.9M.

What does Children's Equity Fund fund?

CEF’s mission is to champion comprehensive policy changes at the federal, state, and local levels to create lasting systems change that improves the well-being of children and families. See mission & focus areas ↑

How do I apply for a grant from Children's Equity Fund?

Children's Equity Fund has no public application process in the sources Grantable reviewed. Check childrensequityfund.org for current guidelines, or contact the foundation directly before submitting a request.

What is Children's Equity Fund's EIN?

Children's Equity Fund's EIN (Employer Identification Number) is 84-3694024. IRS Form 990 filing data is available on this page for 2021–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.

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