Fund for Innovation and Public Services
Fund for Innovation and Public Services is a private foundation based in Arlington, Virginia. Its 2024 filing lists 20 grants totaling $534,470, all reported as general support.
Fund for Innovation and Public Services at a glance
In short: Fund for Innovation and Public Services gave $534K across 20 grants in 2024 (avg $27K), mostly in Virginia. 10% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $534,470
- +28.4% vs 2023
- Grants made (2024)
- 20
- +5.3% vs 2023
- Average grant
- $26,724
- +22.0% vs 2023
- Median grant
- $350
- Total assets
- $7,851,674
- +2.0% vs 2023
- New grantees (estimate)
- 10% first-time grantees (2 of 20, 2024; small sample)
- Primary geography
- Virginia (58% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Fund for Innovation and Public Services
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations.
- Contact
Mailing address: 1200 N Nash St, Arlington, VA 22209
Phone: (703) 407-3673
Website: https://fundinnovation.dev
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Fund for Innovation and Public Services funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Ashoka ($310K). Together the top 10 received $534K.
Grant Size Distribution
110 grants across all recorded years
The most common grant size was under $50K: 104 grants of 110 (95%).
Geographic Focus
Where this funder awards grants
The foundation is based in Arlington, Virginia. In 2024, the largest shares of grant dollars went to recipients in Virginia (58%) and Hawaii (23%), followed by Indiana (7%), the District of Columbia (7%), and Massachusetts (2%).
Grant Distribution by State
Share of 2024 grant dollars across all 20 itemized grants.
States
Cities
Is Fund for Innovation and Public Services open to new grantees?
10%
first-time grantees, 2024
In 2024, 2 of 20 grantees (10%) were first-time recipients. With only 20 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $24K; repeat grants $27K. How we count
Medians: $24K first-time, $155 repeat.
- 65% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+11%). Method
- In 2024 it paid out 105% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $282K (2020) to $534K (2024). In 2024 it made 20 grants totaling $534K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Ashoka Arlington, VA | General Support | $310,000 |
| Roots of Empathy Honolulu, HI | General Support | $124,000 |
| Lumni Foundation Indianapolis, IN | General Support | $40,000 |
| Environmental Protection Network Washington, DC | General Support | $20,000 |
| First Book Washington, DC | General Support | $10,000 |
| Turnout Activism Cambridge, MA | General Support | $10,000 |
| Gender Action Washington, DC | General Support | $8,000 |
| Si Kahn Living Legacy Charlotte, NC | General Support | $8,000 |
| North South Foundation Chicago, IL | General Support | $3,000 |
| Peace Appeal Foundation Charlottesville, VA | General Support | $500 |
Ready to take the next step with Fund for Innovation and Public Services?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $7,851,674 | $778,178 | $605,478 | $534,470 | 20 | $534,470 | $631,790 | $507,406 |
| 2023 | $7,696,574 | $836,615 | $420,394 | $416,260 | 19 | $416,260 | $548,068 | $452,090 |
| 2022 | $7,409,128 | $507,671 | $476,118 | $463,652 | 22 | $463,652 | $389,032 | $429,966 |
| 2021 | $7,231,720 | $1,830,835 | $487,508 | $480,275 | 26 | $480,275 | $1,823,602 | $380,954 |
| 2020 | $5,888,393 | $241,613 | $290,704 | $282,055 | 23 | — | $232,964 | $363,062 |
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.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement is provided. The 2024 grants went to organizations with varied missions. For example, Ashoka describes its work as fostering a global community of social entrepreneurs and a culture of changemaking; Environmental Protection Network says it works to advance clean air, water, land, and climate protection; and First Book says it seeks equitable access to quality education for children.
Grantmaking
In 2024, the foundation made 20 grants totaling $534,470. Grants ranged from $45 to $310,000, with a median of $350. The largest awards were $310,000 to Ashoka and $124,000 to Roots of Empathy, both for general support. Other notable grants included $40,000 to Lumni Foundation and $20,000 to Environmental Protection Network, also for general support.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists William Drayton as president and treasurer; David C. Oxman as an officer; and Ann Simon Hadley and Steven Hadley as directors.
Fund for Innovation and Public Services is led by William Drayton, President & Treasurer on every filing since 2020; none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
William Drayton
President & Treasurer
On filings since 2020
1 hr/week
No compensation reported
Ann Simon Hadley
Director
On filings since 2020
1 hr/week
No compensation reported
Steven Hadley
Director
On filings since 2020
1 hr/week
No compensation reported
David C. Oxman
Officer
On filings since 2020
1 hr/week
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 Fund for Innovation and Public Services
How much does Fund for Innovation and Public Services give each year?
Fund for Innovation and Public Services gave $534K across 20 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $416K across 19 grants.
What is Fund for Innovation and Public Services's typical grant size?
Fund for Innovation and Public Services's median grant in 2024 was $350, and its average grant was $26,724, across 20 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Fund for Innovation and Public Services that year got $24K on average.
Where does Fund for Innovation and Public Services give grants?
Fund for Innovation and Public Services gives mostly in Virginia: 58% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Hawaii (23%) and Indiana (7%). The most frequent recipient cities were Washington, DC (8 grants), Arlington, VA (2 grants) and Cambridge, MA (2 grants).
Does Fund for Innovation and Public Services give general operating support?
Yes: 100% of Fund for Innovation and Public Services's 2024 grants with a stated purpose (20 of 20) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Fund for Innovation and Public Services's largest grantees?
Fund for Innovation and Public Services's largest 2024 grantees include Ashoka ($310,000), Roots of Empathy ($124,000) and Lumni Foundation ($40,000), according to its 2024 IRS Form 990-PF. Together they received 89% of its itemized 2024 grant dollars.
How large is Fund for Innovation and Public Services?
Fund for Innovation and Public Services reported $7.9M in total assets on its 2024 IRS Form 990-PF. It paid out $534K in qualifying distributions that year, against a required minimum of $507K (roughly 5% of its investment assets).
What does Fund for Innovation and Public Services fund?
No mission statement is provided. The 2024 grants went to organizations with varied missions. See mission & focus areas ↑
How do I apply for a grant from Fund for Innovation and Public Services?
The foundation does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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.
Does Fund for Innovation and Public Services accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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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Cite this profile
Grantable. (2026). Fund for Innovation and Public Services funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/fund-for-innovation-and-public-services-morg_a7b49af888ee429f953c04a222fcdc1d
BibTeX
@misc{grantable_133384072_2026,
author = {{Grantable}},
title = {{Fund for Innovation and Public Services funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/fund-for-innovation-and-public-services-morg_a7b49af888ee429f953c04a222fcdc1d},
note = {Accessed 2026-10-11. Data licensed CC BY 4.0}
} The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Fund for Innovation and Public Services'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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