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.
Financial Overview
From 2024 IRS Form 990-PF · 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
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 | — | — | — |
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
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
John Simon — Co-founder and Board Chair
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALI KNIGHT | CEO (AS OF 5/2024) | 40 | $187,666 |
| MARGARET HALL | CEO (UNTIL 3/31/24) | 40 | $176,554 |
| JOHN SIMON | CHAIRPERSON | 5 | — |
| TIM PALMER | TREASURER | 1 | — |
| PAUL CARTTAR | BOARD MEMBER | 1 | — |
| MICHELE JOLIN | BOARD MEMBER | 1 | — |
| MARC KOZIN | BOARD MEMBER | 1 | — |
| ANNE LOVETT | BOARD MEMBER | 1 | — |
| KERRY SULLIVAN | BOARD MEMBER | 1 | — |
| CAROL GOSS | BOARD MEMBER | 1 | — |
| KAT ROSQUETA | BOARD MEMBER | 1 | — |
| TOM EBLING | BOARD MEMBER | 1 | — |
| JUMA CRAWFORD | BOARD MEMBER | 1 | — |
| IRFAN ALIBHAI | BOARD MEMBER | 1 | — |
| JOHN CONNAUGHTON | BOARD MEMBER | 1 | — |
| ALICIA ROSE | BOARD MEMBER | 1 | — |
| ADAIR MOSLEY | BOARD MEMBER (AS OF 3/24) | 1 | — |
| SCOTT PERPER | BOARD MEMBER (AS OF 6/24) | 1 | — |
| MADHUMITA CHAKRABARTTI | VP, FINANCE & OPERATIONS | 40 | $171,486 |
| CASEY JOHNSON | VP, NATIONAL PORTFOLIO & LEARNING | 40 | $199,931 |
| MELISSA LUNA | VP OF SITE SUCCESS & BOSTON ED | 40 | $190,977 |
| KATHERINE SCHWASS | VP OF SITE SUCCESS & BAY AREA ED | 40 | $186,542 |
| RYANN DENHAM DEVENEY | VP, DEVELOPMENT AND EXPANSION | 40 | $184,458 |
| ROBERT MAYS | VP, PEOPLE, EQUITY & CULTURE | 40 | $171,488 |
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
Related Funders
Similar funders by location and focus area
Charles J Tasker Memorial Scholarship Fund
HANOVER, MA
Assets
$98K
Grants
1
Total Given
$8K
Marshall M & Barbara J Sloane Pvt Found
CHESTNUT HILL, MA
Assets
$1.2M
Grants
11
Total Given
$75K
John J Mcardle Iii & Joan C Mcardle
ANDOVER, MA
Assets
$1.8M
Grants
13
Total Given
$205K
Massachusetts Association of Realtors
FOXBOROUGH, MA
Assets
$18.1M
Grants
2
Total Given
$71K
Communities for Restorative Justice
BOSTON, MA
Assets
$524K
Grants
1
Total Given
$61K
Hingham Historical Society Inc
HINGHAM, MA
Assets
$7.4M
Grants
1
Total Given
$10K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Greenlight Fund Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities