Direct Impact Foundation
Direct Impact Foundation is a private foundation, based in Bridgeport, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $616K in total assets. In 2024, it awarded 1 grant totaling $20K. Net investment income was $199K.
Direct Impact Foundation at a glance
In short: Direct Impact Foundation gave $20K across 1 grant in 2024 (avg $20K), mostly in Massachusetts. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $20,000
- -20.0% vs 2023
- Grants made (2024)
- 1
- -66.7% vs 2023
- Average grant
- $20,000
- +140.0% vs 2023
- Median grant
- $20,000
- Total assets
- $615,793
- +38.4% vs 2023
- Primary geography
- Massachusetts (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Direct Impact Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Amherst College Grant ($20K).
Grant Size Distribution
10 grants across all recorded years
The most common grant size was under $50K: 10 grants of 10 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
Cities
How Direct Impact Foundation gives
- Giving held roughly steady from 2021 to 2024 (+12%). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $18K (2021) to $33K (2022). In 2024 it made 1 grant totaling $20K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Amherst College Grant Amherst, MA | Education Enrichment | $20,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income |
|---|---|---|---|---|---|---|---|
| 2024 | $615,793 | $201,320 | $30,610 | $20,000 | 1 | $20,000 | $198,650 |
| 2023 | $445,083 | $189,748 | $28,439 | $25,000 | 3 | $25,000 | $186,309 |
| 2022 | $509,992 | — | $32,695 | $32,500 | 3 | $32,500 | — |
| 2021 | $542,687 | $10,000 | $18,313 | $17,825 | 3 | $17,825 | — |
| 2020 | $551,000 | $551,150 | $150 | — | — | — | — |
Leadership & Key People
Officers and directors from IRS filings
Direct Impact Foundation is led by Anastasia Gorgutsa, President on every filing since 2020; none of the 6 officers listed in 2024 report compensation.
Officers on the 2024 filing
Anastasia Gorgutsa
President
On filings since 2020
No compensation reported
Joon Change
Director
On filings since 2020
No compensation reported
Pavel Chernyshov
Director
On filings since 2020
No compensation reported
Ronald Ward
Director
On filings since 2020
No compensation reported
Vijay Mehta
Director
On filings since 2020
No compensation reported
Jessica Mainhardt
Secretary
On filings since 2020
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 Direct Impact Foundation
How much does Direct Impact Foundation give each year?
Direct Impact Foundation gave $20K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $25K across 3 grants.
How large is Direct Impact Foundation?
Direct Impact Foundation reported $616K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $201K.
Where does Direct Impact Foundation operate?
Direct Impact Foundation has awarded grants in Connecticut, Florida, Massachusetts, Pennsylvania.
What is Direct Impact Foundation's EIN?
Direct Impact Foundation's EIN (Employer Identification Number) is 85-3948855. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Figures come from Direct Impact Foundation'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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