Fund II Foundation is a private grantmaking foundation established in 2014 and granted tax-exempt status in June 2015. Based in Washington, DC, the foundation makes grants to public charities with a focus on improving the daily lives and long-term potential of those in Black and Brown communities. The foundation has awarded over $260 million in grants to a broad range of organizations since its inception.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$668K
-88.3% YoY
Grant Count
51
+54.5% YoY
Avg Grant Size
$13K
-92.4% YoY
Mission & Focus Areas
Fund II Foundation seeks to preserve the African-American experience; safeguard human rights; provide music education; preserve the environment while promoting the benefits of the outdoors; and sustain critical American values such as entrepreneurialism.
The foundation prioritizes creating pathways to opportunity by disrupting systems and providing access to a more equitable and sustainable future. Specific focus areas include:
- Preserving the historical culture of the African-American experience
- Safeguarding human dignity by giving a voice to the voiceless and promoting human rights
- Improving environmental conservation and providing outdoor education
- Supporting students in science, technology, engineering, and math (STEM) fields
The foundation operates internXL, an innovative platform that matches promising talent with internship opportunities in companies throughout the United States, designed to prepare and support students in STEM fields to become thriving professionals and entrepreneurs.
Grantmaking
Fund II Foundation awards approximately $5.7 million annually through approximately 29 grants. Grant sizes vary widely:
Grant Range
s vary widely:
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Geographic Focus
Where this funder awards grants
Fund II Foundation supports a wide range of cities and states across the United States, including major urban centers such as New York, Los Angeles, and Miami, as well as smaller communities. The foundation operates nationally with geographic focus spanning from California to New York and Puerto Rico.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $144.7 million
- Total Revenue: $14 million
- Total Expenses: $16.1 million
- Total Liabilities: $436,000
- Number of Employees: 6
Annual Giving: $5.7 million
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
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
177 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Thurgood Marshall College Fund ($175,000), The Piney Woods Country Life School ($60,000), Hollywood Cares Foundation Inc ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 2GETHER-INTERNATIONAL WASHINGTON, DC | SPONSORSHIP | $10,000 |
| ADRIAN REESE WASHINGTON, DC | EDUCATIONAL AWARD | $5,000 |
| ALBA RODRIQUEZ WASHINGTON, DC | EDUCATIONAL AWARD | $5,000 |
| ALIYAH KING WASHINGTON, DC | EDUCATIONAL AWARD | $5,500 |
| BLACK GRAVITY INC (DBA BLK GRVTY) WASHINGTON, DC | GENERAL SUPPORT | $10,000 |
| BLACK IN MARINE SCIENCE SPOKANE, WA | GENERAL SUPPORT | $2,700 |
| BROOKLYN PUBLIC LIBRARY BROOKLYN, NY | DONATION TO THE BROOKLYN PUBLIC LIBRARY FOR THEIR 1619 PROJECT | $10,000 |
| CEDRIC TAYLOR WASHINGTON, DC | EDUCATIONAL AWARD | $5,000 |
| CODECREW MEMPHIS, TN | SPONSORSHIP | $5,000 |
| DESTINY TILLEAR WASHINGTON, DC | EDUCATIONAL AWARD | $5,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Robert F. Smith — Founder and Director; founder and CEO of Vista Equity Partners
- Linda Wilson — Executive Director
- Anthony C. Spikes — Treasurer/Director
- Dafna Tapiero — Secretary/Director
- Wendell Layne III — Director of Operations
- Ivana Jackson — Director, internXL
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LINDA WILSON | EXECUTIVE DIRECTOR | 40 | $307,645 |
| WENDELL LAYNE III | DIRECTOR OF OPERATIONS | 40 | $236,132 |
| DAFNA TAPIERO | SECRETARY/DIRECTOR | 2 | $25,000 |
| ANTHONY C SPIKES | TREASURER/DIRECTOR | 2 | $25,000 |
| A JEANINE ABRAMS-MCLEAN PHD | DIRECTOR | 2 | $25,000 |
| LORI MALCOLM | DIRECTOR | 1 | $25,000 |
| ROBERT F SMITH | DIRECTOR | 1 | — |
Recent News & Activity
Recent developments and announcements
Fund II Foundation granted $3 million to the Sphinx Organization for music education and cultural initiatives.
Fund II Foundation Grants $3 Million to Sphinx OrganizationThe foundation partnered with Resilia to strengthen nonprofits focused on Black maternal health.
Fund II Foundation Partners with Resilia to Strengthen Nonprofits FocusedFund II Foundation made a $48 million investment in the United Negro College Fund (UNCF) STEM Scholars program, supporting multiple classes of scholars pursuing science, technology, engineering, and mathematics education.
Fund II Foundation Grants $3 Million to Sphinx OrganizationSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Fund Ii Foundation fund?
Fund II Foundation seeks to preserve the African-American experience; safeguard human rights; provide music education; preserve the environment while promoting the benefits of the outdoors; and sustain critical American values such as entrepreneurialism. The foundation prioritizes creating pathways to opportunity by disrupting systems and providing access to a more equitable and sustainable future. Specific focus areas include: • Preserving the historical culture of the African-American experie…
How do I apply for a grant from Fund Ii Foundation?
Fund II Foundation awards approximately $5.7 million annually through approximately 29 grants. Grant sizes vary widely: • **Major grants:** $15 million - $50 million+ (universities and transformative initiatives) • **Medium grants:** $500,000 - $3 million (established nonprofits and multi-year initiatives) • **Small grants:** $50,000 - $100,000 (community organizations and targeted programs) The median grant size is approximately $10,000, though this reflects the wide range of grant sizes award…
Where does Fund Ii Foundation make grants?
Fund II Foundation supports a wide range of cities and states across the United States, including major urban centers such as New York, Los Angeles, and Miami, as well as smaller communities. The foundation operates nationally with geographic focus spanning from California to New York and Puerto Rico.
What size grants does Fund Ii Foundation award?
In 2024, Fund Ii Foundation awarded 51 grants totaling $668K — an average of about $13K per grant, based on its IRS Form 990 filings.
What is Fund Ii Foundation's EIN?
Fund Ii Foundation's EIN (Employer Identification Number) is 47-2396669. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in Fund Ii Foundation's focus areas in our free grants database
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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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