Fund for Innovation and Public Services
Fund for Innovation and Public Services is a private foundation located in Arlington, Virginia. Established in February 1987, it operates as a 501(c)(3) tax-exempt organization designated for charitable and educational purposes. The foundation primarily engages in grantmaking activities to support innovation and public service initiatives.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.9M
+2.0% YoY
Annual Giving
$534K
+28.4% YoY
Grant Count
20
+5.3% YoY
Avg Grant Size
$27K
+22.0% YoY
Mission & Focus Areas
The foundation's primary focus is general support grantmaking. It funds organizations working in innovation and public service sectors, with a demonstrated commitment to supporting established nonprofits and social enterprises.
Grantmaking
The foundation provides general support grants to its grantees.
Grant Types
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Geographic Focus
Where this funder awards grants
The foundation is based in Arlington, Virginia, though specific geographic restrictions on grantmaking are not detailed in available information.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 31, 2023:
- Total Assets: $7,696,574
- Total Revenues: $836,615
- Total Expenses: $420,394
- Total Liabilities: $0
Revenue Breakdown (2023):
- Grants and contributions: $276,973
- Investment income and dividends: $176,912
- Net gain from sale of non-inventory assets: $382,730
Staffing: The foundation operates with 0 employees as of 2023.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,851,674 | $7,696,574 | $7,409,128 |
| Revenue | $778,178 | $836,615 | $507,671 |
| Expenses | $605,478 | $420,394 | $476,118 |
| Qualifying Distributions | $534,470 | $416,260 | $463,652 |
| Net Investment Income | $631,790 | $548,068 | $389,032 |
| Distributable Amount | $507,406 | $452,090 | $429,966 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
110 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM DRAYTON | PRESIDENT/TREASURER | 1 | — |
| DAVID C OXMAN | OFFICER | 1 | — |
| ANN SIMON HADLEY | DIRECTOR | 1 | — |
| STEVEN HADLEY | DIRECTOR | 1 | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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