Greenlight Fund Inc
GreenLight Fund Inc is a national nonprofit network founded in Boston in 2004 that matches local communities' unmet needs with evidence-based social innovations. The organization operates as a 501(c)(3) nonprofit with headquarters at 50 Milk Street, 16th Floor, Boston, MA 02109.
Key facts about Greenlight Fund Inc
In short: Greenlight Fund Inc gave $4.6M across 34 grants in 2024 (avg $134K), top state Pennsylvania. 38% of 2024 grantees were new. Source: 2024 IRS Form 990 filing.
- EIN
- 20-0407083
- Latest 990 filing
- Form 990 filing, 2024
- Annual giving (2024)
- $4,570,296
- Grants made (2024)
- 34
- Average grant
- $134,420
- Median grant
- $131,250
- New grantees (estimate)
- 38% first-time grantees (13 of 34, 2024)
- Total assets
- $57,141,523
- Primary geography
- Pennsylvania (17% of itemized 2024 grant dollars)
- Accepts unsolicited proposals
- No
Data from IRS Form 990 filing, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Quick answers about Greenlight Fund Inc
How much does Greenlight Fund Inc give each year?
Greenlight Fund Inc gave $4.6M across 34 grants in 2024, according to its 2024 IRS Form 990 filing. In 2023 it gave $3.9M across 31 grants.
What is Greenlight Fund Inc's typical grant size?
Greenlight Fund Inc's median grant in 2024 was $131,250, and its average grant was $134,420, across 34 grants on its 2024 IRS Form 990 filing. Organizations receiving their first grant from Greenlight Fund Inc that year got $65K on average.
Where does Greenlight Fund Inc give grants?
Greenlight Fund Inc's top state is Pennsylvania, with 17% of the grant dollars itemized on its 2024 IRS Form 990 filing. The next largest states were Illinois (15%) and New York (14%). The most frequent recipient cities were Chicago, IL (3 grants), Oakland, CA (3 grants), New York, NY (3 grants) and Washington, DC (2 grants).
Does Greenlight Fund Inc give general operating support?
Yes: 100% of Greenlight Fund Inc's 2024 grants with a stated purpose (34 of 34) were for general or operating support, per its 2024 IRS Form 990 filing.
Who are Greenlight Fund Inc's largest grantees?
Greenlight Fund Inc's largest 2024 grantees include Food Connect CO ($685,000), Inner Explorer Inc Wellbeing Action for Youth Inc ($380,000) and The Fountain Fund ($300,000), according to its 2024 IRS Form 990 filing. Together they received 30% of its itemized 2024 grant dollars.
How large is Greenlight Fund Inc?
Greenlight Fund Inc reported $57.1M in total assets on its 2024 IRS Form 990 filing. Its revenue that year was $15.3M.
Is Greenlight Fund Inc open to new grantees?
38%
first-time grantees, 2024
In 2024, 13 of 34 grantees (38%) were first-time recipients. First grants averaged $65K; repeat grants $177K. How we count
Medians: $10K first-time, $150K repeat.
Estimate from itemized grant lists in IRS Form 990 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.
Next steps with Greenlight Fund Inc
- How to evaluate Greenlight Fund Inc as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
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Financial Overview
From 2024 IRS Form 990 filing · View filing
Total Assets
$57.1M
+1.7% YoY
Annual Giving
$4.6M
+17.0% YoY
Grant Count
34
+9.7% YoY
Avg Grant Size
$134K
+6.7% YoY
Mission & Focus Areas
GreenLight Fund partners with communities to remove barriers to inclusive prosperity by launching and scaling proven programs that meet community-identified needs. The organization works to address health, income, and education inequality for children, youth, and families in high-poverty areas, with a focus on fostering economic mobility and creating meaningful change.
The organization's approach involves:
- Running an annual process to identify critical community needs
- Searching nationally for innovative, results-oriented nonprofit approaches
- Conducting rigorous diligence on potential partner organizations to understand outcomes, revenue models, replicability, and local fit
- Selecting organizations to import into cities that show the greatest promise of measurable impact
- Providing financial and non-financial support to selected organizations, typically around $600,000 over an organization's first four years in a new city
- Facilitating partnerships, attracting talented leadership, taking seats on local boards, and supporting progress toward sustainability
Grantmaking
GreenLight Fund does not accept unsolicited proposals. Instead, the organization identifies and selects nonprofit organizations to bring into communities based on its rigorous selection process.
Ready to take the next step with Greenlight Fund Inc?
Geographic Focus
Where this funder awards grants
GreenLight Fund operates across 15 cities nationwide:
- Atlanta
- Baltimore
- Boston
- Charlotte
- Chicago
- Cincinnati
- Dallas (recent expansion as of December 2025)
- Denver
- Detroit
- Greater Newark
- Kansas City
- Miami (recent expansion as of December 2025)
- Philadelphia
- San Francisco Bay Area
- Twin Cities
Grant Distribution by State
Share of all 34 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
2024 Financial Data:
- Total revenues: $15,285,791
- Total expenses: $15,240,469
- Total assets: $57,141,523
- Number of employees: 70
2022 Financial Data:
- Form 990 filed for calendar year 2022
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $57,141,523 | $56,201,018 | $52,683,189 |
| Revenue | $15,285,791 | $14,905,436 | $21,472,030 |
| Expenses | $15,240,469 | $12,511,459 | $9,836,176 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,371,343 | $944,240 | $528,819 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
121 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| FOOD CONNECT CO Philadelphia, PA | GENERAL SUPPORT | $685,000 |
| INNER EXPLORER INC WELLBEING ACTION FOR YOUTH INC Franklin, MA | GENERAL SUPPORT | $380,000 |
| THE FOUNTAIN FUND Charlottesville, VA | GENERAL SUPPORT | $300,000 |
| BAM - YOUTH GUIDANCE Chicago, IL | GENERAL SUPPORT | $251,296 |
| CITY OF CHARLOTTE (CURE VIOLENCE GLOBAL) Chicago, IL | GENERAL SUPPORT | $250,000 |
| GENESYS WORKS Oakland, CA | GENERAL SUPPORT | $250,000 |
| THE LITERACY LAB Washington, DC | GENERAL SUPPORT | $207,250 |
| PUBLIC WORKS ALLIANCE Santa Barbara, CA | GENERAL SUPPORT | $200,500 |
| PARENT-CHILD HOME PROGRAM INC Mineola, NY | GENERAL SUPPORT | $200,000 |
| MRELIEF Chicago, IL | GENERAL SUPPORT | $175,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
John Simon — Co-founder and Board Chair
Greenlight Fund Inc is led by Margaret Hall, CEO since 2024 (on filings since 2020); 8 of 24 officers listed in 2024 are compensated.
Officers on the 2024 filing
Margaret Hall
CEO
Clerk & CEO → CEO, 2024
On filings since 2020
40 hrs/week
$187K (2020) → $177K (2024)
Ali Knight
CEO
New on the 2024 filing
40 hrs/week
$188K (2024)
Katherine Schwass
Vice President of Site Successor & Bay Area Executive Director
Executive Director Bay Area → Senior Executive Director & Bay Area, 2021
Senior Executive Director & Bay Area → Vice President of Site Successor & Bay Area Executive Director, 2023
On filings since 2020
40 hrs/week
$144K (2020) → $187K (2024)
Melissa Luna
Vice President of Site Successor & Boston Executive Director
Executive Director Boston → Senior Executive Director & Boston, 2021
Senior Executive Director & Boston → Vice President of Site Successor & Boston Executive Director, 2023
On filings since 2020
40 hrs/week
$140K (2020) → $191K (2024)
John Simon
Chairperson
On filings since 2020
5 hrs/week
No compensation reported
Casey Johnson
Vice President, National Portfolio & Learning
Vice President, National Portfolio & Learning → Vice President & National Portfolio, 2022
Vice President & National Portfolio → Vice President, National Portfolio & Learning, 2023
On filings since 2020
40 hrs/week
$171K (2020) → $200K (2024)
Robert Mays
Vice President, People, Equity & Culture
On filings since 2022
40 hrs/week
$166K (2022) → $171K (2024)
Madhumita Chakrabartti
Vice President, Finance & Operations
On filings since 2023
40 hrs/week
$151K (2023) → $171K (2024)
Ryann Denham Deveney
Vice President, Development & Expansion
New on the 2024 filing
40 hrs/week
$184K (2024)
Anne Lovett
Board Member
On filings since 2020
1 hr/week
No compensation reported
Carol Goss
Board Member
On filings since 2020
1 hr/week
No compensation reported
Kat Rosqueta
Board Member
On filings since 2020
1 hr/week
No compensation reported
Kerry Sullivan
Board Member
On filings since 2020
1 hr/week
No compensation reported
Marc Kozin
Board Member
On filings since 2020
1 hr/week
No compensation reported
Michele Jolin
Board Member
On filings since 2020
1 hr/week
No compensation reported
Paul Carttar
Board Member
On filings since 2020
1 hr/week
No compensation reported
Tim Palmer
Treasurer
Board Member → Treasurer, 2022
On filings since 2020
1 hr/week
No compensation reported
Tom Ebling
Board Member
On filings since 2020
1 hr/week
No compensation reported
Irfan Alibhai
Board Member
On filings since 2021
1 hr/week
No compensation reported
John Connaughton
Board Member
On filings since 2021
1 hr/week
No compensation reported
Juma Crawford
Board Member
On filings since 2021
1 hr/week
No compensation reported
Alicia Rose
Board Member
On filings since 2022
1 hr/week
No compensation reported
Adair Mosley
Board Member
New on the 2024 filing
1 hr/week
No compensation reported
Scott Perper
Board Member
New on the 2024 filing
1 hr/week
No compensation reported
Former officers (9)
- Former: Katherina Rosqueta (2022–2023) — Board Member
- Former: Latisha Johnson (2023) — Executive Director & Greater Newark
- Former: Elizabeth Dignan (2021–2022) — Senior Director Finance Ops
- Former: Chris Loney (2022) — Chief of Staff
- Former: Joli Cooper-Nelson (2021) — Executive Director Atlanta
- Former: Rishi Moudgil (2021) — Executive Director Detroit
- Former: Andrew Hahn (2020) — Board Member
- Former: Donald Ger (2020) — Managing Director & Strateg
- Former: Elissa Ryan (2020) — National Director of Strategic Development
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.
Compensation Overview
From 2024 IRS filing
Recent News & Activity
Recent developments and announcements
**Third National Fund for Exponential Impact (December 2025)**
GreenLight Fund Announces Record-Breaking $30M Third National Fund for ExponentialGreenLight Fund announced its Third National Fund for Exponential Impact, securing a record $30 million in funding—twice the size of its second national fund. This major investment will support the organization's strategic growth over the next four years.
GreenLight Fund Announces Record-Breaking $30M Third National Fund for ExponentialThe fund is backed by more than 40 national philanthropic investors including MacKenzie Scott, Bank of America, Goldman Sachs, NFL, Bain Capital, Truist Foundation, and Deloitte.
**Expansion**
In its 20th year, GreenLight Fund launched operations in Miami and Dallas, bringing its total to 15 locations across the country. The organization reached 1.3 million children and families in the past year.
**Impact Outcomes**
Recent measurable outcomes from GreenLight Fund communities include:
Greater Newark: 100% of licensed graduates obtained full-time employment
San Francisco Bay Area: 87% of students increased their reading proficiency
Philadelphia: $950,313 drawn down by community college students in cash and non-cash benefits to support progress toward degree completion
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Greenlight Fund Inc fund?
GreenLight Fund partners with communities to remove barriers to inclusive prosperity by launching and scaling proven programs that meet community-identified needs. The organization works to address health, income, and education inequality for children, youth, and families in high-poverty areas, with a focus on fostering economic mobility and creating meaningful change. The organization's approach involves: • Running an annual process to identify critical community needs • Searching nationally f…
How do I apply for a grant from Greenlight Fund Inc?
GreenLight Fund does not accept unsolicited proposals. Instead, the organization identifies and selects nonprofit organizations to bring into communities based on its rigorous selection process. Typical financial support provided to selected organizations is approximately $600,000 over the first four years of operation in a new city. Beyond direct funding, GreenLight provides non-financial assistance including leadership recruitment, board participation, partnership facilitation, and progress m…
What is Greenlight Fund Inc's EIN?
Greenlight Fund Inc's EIN (Employer Identification Number) is 20-0407083. IRS Form 990 filing data is available on this page for 2020–2024.
Does Greenlight Fund Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
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Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated April 2026.