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Economic Opportunity Fund

Foundation · Grantmaker Washington, DC EIN: 99-2078540 Website

Broaden economic opportunity for all americans by building a strong, resilient middle class.

Key facts about Economic Opportunity Fund

In short: Economic Opportunity Fund gave $30K across 3 grants in 2025 (avg $10K), mostly in District of Columbia. Source: 2025 IRS Form 990.

EIN
99-2078540
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$30,000
Grants made (2025)
3
Average grant
$10,000
Median grant
$10,000
Total assets
$969,688
Primary geography
District of Columbia (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$970K

Annual Giving

$30K

Grant Count

3

Avg Grant Size

$10K

About Economic Opportunity Fund

Based on IRS filings

Economic Opportunity Fund is a nonprofit organization, based in Washington, DC. IRS filing data is available for 2025. As of 2025, the organization holds $970K in total assets. In 2025, it awarded 3 grants totaling $30K. Net investment income was $23K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 3 itemized 2025 grant dollars.

Cities

Washington

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K3 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Save My Country Action Fund: $10KSave My Country Action Fund$10KCenter for Budget and Policy Priorities: $10KCenter for Budget and PolicyPriorities$10KCenter for American Progress Action Fund: $10KCenter for American ProgressAction Fund$10K

Grant Size Distribution

3 grants across all recorded years

3<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
SAVE MY COUNTRY ACTION FUND Washington, DCGENERAL SUPPORT$10,000
CENTER FOR BUDGET AND POLICY PRIORITIES Washington, DCGENERAL SUPPORT$10,000
CENTER FOR AMERICAN PROGRESS ACTION FUND Washington, DCGENERAL SUPPORT$10,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M2025
Metric2025
Total Assets$969,688
Revenue$1,022,929
Expenses$79,771
Qualifying Distributions—
Net Investment Income$22,929
Distributable Amount—

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)

Leadership & Key People

Officers and directors from IRS filings

Economic Opportunity Fund is led by Jay Howser, President on the 2025 filing; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Jay Howser

    President

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Daniel Schwerin

    Director

    New on the 2025 filing

    0.5 hrs/week

    No compensation reported

  • Michelle Kleppe-Wellde

    Treasurer

    New on the 2025 filing

    0.5 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2025. "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 Economic Opportunity Fund

How much does Economic Opportunity Fund give each year?

Economic Opportunity Fund gave $30K across 3 grants in 2025, according to its 2025 IRS Form 990.

What is Economic Opportunity Fund's typical grant size?

Economic Opportunity Fund's median grant in 2025 was $10,000, and its average grant was $10,000, across 3 grants on its 2025 IRS Form 990.

Where does Economic Opportunity Fund give grants?

Economic Opportunity Fund gives mostly in District of Columbia: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Washington, DC (3 grants).

Does Economic Opportunity Fund give general operating support?

Yes: 100% of Economic Opportunity Fund's 2025 grants with a stated purpose (3 of 3) were for general or operating support, per its 2025 IRS Form 990.

How large is Economic Opportunity Fund?

Economic Opportunity Fund reported $970K in total assets on its 2025 IRS Form 990. Its revenue that year was $1.0M.

What is Economic Opportunity Fund's EIN?

Economic Opportunity Fund's EIN (Employer Identification Number) is 99-2078540. IRS Form 990 filing data is available on this page for 2025.

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

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