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
Under IRS private-foundation payout rules, Fund for Innovation and Public Services reported a distributable amount of $507K for 2024 — the minimum it must pay out in qualifying distributions.
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
Among its reported 2024 grants, the largest include Ashoka ($310,000), Roots of Empathy ($124,000), Lumni Foundation ($40,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ASHOKA ARLINGTON, VA | GENERAL SUPPORT | $310,000 |
| DEMOCRACY 21 WASHINGTON, DC | GENERAL SUPPORT | $100 |
| ENVIRONMENTAL DEFENSE FUND WASHINGTON, DC | GENERAL SUPPORT | $50 |
| ENVIRONMENTAL PROTECTION NETWORK WASHINGTON, DC | GENERAL SUPPORT | $20,000 |
| FIRST BOOK WASHINGTON, DC | GENERAL SUPPORT | $10,000 |
| GENDER ACTION WASHINGTON, DC | GENERAL SUPPORT | $8,000 |
| HARVARD COLLEGE FUND CAMBRIDGE, MA | GENERAL SUPPORT | $100 |
| NORTH SOUTH FOUNDATION CHICAGO, IL | GENERAL SUPPORT | $3,000 |
| NRDC WASHINGTON, DC | GENERAL SUPPORT | $110 |
| ROOTS OF EMPATHY HONOLULU, HI | GENERAL SUPPORT | $124,000 |
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 | — |
Frequently Asked Questions
What does Fund for Innovation and Public Services fund?
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.
How do I apply for a grant from Fund for Innovation and Public Services?
**Grant Activity (2023)** • Made 25 grants in 2023 • Notable grantees include Ashoka ($355,000) and First Book ($12,500) • Other recent grants include Turnup Activism ($10,000) **Grant Types** The foundation provides general support grants to its grantees.
Where does Fund for Innovation and Public Services make grants?
The foundation is based in Arlington, Virginia, though specific geographic restrictions on grantmaking are not detailed in available information.
What size grants does Fund for Innovation and Public Services award?
In 2024, Fund for Innovation and Public Services awarded 20 grants totaling $534K — an average of about $27K per grant, based on its IRS Form 990 filings.
How much is Fund for Innovation and Public Services required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Fund for Innovation and Public Services reported a distributable amount of $507K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Fund for Innovation and Public Services's EIN?
Fund for Innovation and Public Services's EIN (Employer Identification Number) is 13-3384072. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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