Impact Development Fund
Impact Development Fund creates economic opportunity by delivering flexible capital to strengthen under-served communities.
Impact Development Fund at a glance
In short: Impact Development Fund gave $900K across 1 grant in 2025 (avg $900K), mostly in Colorado. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $900,000
- Grants made (2025)
- 1
- Average grant
- $900,000
- Median grant
- $900,000
- Total assets
- $194,003,825
- +27.2% vs 2024
- Primary geography
- Colorado (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated November 2026.
Who Impact Development Fund funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Swiss Village Coop ($900K).
Grant Size Distribution
2 grants across all recorded years
The most common grant size was in the $100–250K range: 1 grant of 2 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Impact Development Fund gives
- Giving grew 542% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $5K (2021) to $900K (2025). In 2025 it made 1 grant totaling $900K.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Swiss Village Coop Ouray, CO | Housing Preservation | $900,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $194,003,825 | $46,471,972 | $14,991,383 | $900,000 | 1 | $2,411,287 |
| 2024 | $152,478,404 | $35,219,885 | $10,869,545 | — | — | $1,617,605 |
| 2023 | $126,217,919 | $13,003,579 | $7,133,076 | — | — | $745,103 |
| 2022 | $115,033,331 | $5,955,090 | $4,118,790 | $140,250 | 1 | $601,842 |
| 2021 | $94,189,803 | $7,972,654 | $4,020,525 | $4,750 | Total only | $65,436 |
| 2020 | $49,319,911 | $4,547,385 | $2,609,438 | — | — | $63,265 |
| 2019 | $36,814,647 | $4,191,129 | $2,036,587 | — | — | $193,859 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About Impact Development Fund
Based on IRS filings
Impact Development Fund is a public charity focused on Housing & Shelter, based in Loveland, CO. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $194.0M in total assets. In 2025, it awarded 1 grant totaling $900K. Net investment income was $2.4M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Impact Development Fund is led by Megan Ferguson, CEO since 2024 (on filings since 2020); 9 of 21 officers listed in 2025 are compensated.
Officers on the 2025 filing
Megan Ferguson
CEO
Deputy Executive Director → Deputy Chief Executive Officer, 2023
Deputy Chief Executive Officer → CEO, 2024
On filings since 2020
40 hrs/week
$107K (2020) → $295K (2025)
Becky Christoffersen
President
Board Member → Vice President, 2022
Vice President → President, 2023
On filings since 2020
2 hrs/week
No compensation reported
Justin Hill
Director of Clean Energy Lending
New on the 2025 filing
40 hrs/week
$173K (2025)
Aaron Ferguson
Chief Construction Officer
Construction Manager → Chief Construction Officer, 2024
On filings since 2023
40 hrs/week
$108K (2023) → $164K (2025)
Connie Ealey
Chief Administrative Officer
Chief Compliance Officer → Chief Administrative Officer, 2025
On filings since 2023
40 hrs/week
$109K (2023) → $180K (2025)
Erica Madison
Chief Lending Officer
On filings since 2023
40 hrs/week
$132K (2023) → $200K (2025)
Rachel Tweedy
Chief Operating Officer
On filings since 2023
40 hrs/week
$101K (2023) → $156K (2025)
Katherine Palmer
Chief Policy & Performance Officer
New on the 2025 filing
40 hrs/week
$145K (2025)
Marcia Myers
Chief Financial Officer
New on the 2025 filing
40 hrs/week
$189K (2025)
Rohana Parks
Chief People Officer
New on the 2025 filing
40 hrs/week
$128K (2025)
Kristin Candella
Board Member
On filings since 2019
0.5 hrs/week
No compensation reported
Mark Oconnor
Past President
Vice President → President, 2022
President → Past President, 2023
On filings since 2019
3 hrs/week
No compensation reported
Micah Halverson
Secretary
Board Member → Secretary, 2022
On filings since 2019
1 hr/week
No compensation reported
Randy Ilich
Treasurer
Board Member → Treasurer, 2021
On filings since 2019
2 hrs/week
No compensation reported
Annie Perizzolo
Board Member
On filings since 2021
2 hrs/week
No compensation reported
Mary Stegner
Board Member
On filings since 2021
0.5 hrs/week
No compensation reported
Brian Rossbert
Board Member
On filings since 2022
0.5 hrs/week
No compensation reported
Renee Gallegos
Board Member
On filings since 2022
0.5 hrs/week
No compensation reported
Dan Kusel
Board Member
On filings since 2023
0.5 hrs/week
No compensation reported
Javonni Butler
Vice President
On filings since 2023
1 hr/week
No compensation reported
Kristi Budish
Board Member
On filings since 2023
0.5 hrs/week
No compensation reported
Former officers (19)
- Former: Sean Doherty (2019–2024) — CEO
- Former: John Pike (2020–2024) — Board Member
- Former: Gina Winterhalder (2023–2024) — Controller
- Former: Emily Nilsen (2024) — Chief Programs Officer
- Former: Jenn Lopez (2024) — Board Member
- Former: Beth Truby (2020–2023) — Board Member Left
- Former: Stephen Wessler (2021–2023) — Board Member Left
- Former: Khanh Nguyen (2020–2022) — Board Member
- Former: Debra Bustos (2019–2021) — Secretary
- Former: Nate Clyncke (2019–2021) — Board Member
- Former: Scott Horton (2019–2021) — President
- Former: Elena Wilkin (2020–2021) — Board Member
- Former: Joe Rowan (2019–2020) — Commercial Lending Manager
- Former: Laura Brudzynski (2019–2020) — Board Member
- Former: Paul Bunyard (2019–2020) — Treasurer
- Former: Bill Lunsford (2019) — Board Member
- Former: Diane Leavesley (2019) — Treasurer
- Former: Khahn Nguyen (2019) — Board Member
- Former: Masouda Omar (2019) — Board Member
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $295K, to Megan Ferguson (CEO). 9 officers or directors reported compensation on that filing.
Frequently asked questions about Impact Development Fund
How much does Impact Development Fund give each year?
Impact Development Fund gave $900K across 1 grant in 2025, according to its 2025 IRS Form 990.
How large is Impact Development Fund?
Impact Development Fund reported $194.0M in total assets on its 2025 IRS Form 990. Its revenue that year was $46.5M.
What is Impact Development Fund?
Impact Development Fund is a public charity focused on Housing & Shelter, based in Loveland, CO. It holds $194.0M in total assets as of 2025.
Where does Impact Development Fund operate?
Impact Development Fund has awarded grants in Colorado.
What is Impact Development Fund's EIN?
Impact Development Fund's EIN (Employer Identification Number) is 84-1505466. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated November 2026. Sourced from IRS Form 990 filings.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2025 (received by the IRS September 4, 2026)
- Added Form 990 for fiscal year 2019 (received by the IRS August 24, 2020)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 7, 2022)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Impact Development Fund funds
Housing & Shelter Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Impact Development Fund's focus areas in our free grants database
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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Impact Development Fund'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.
Impact Development Fund down — hundreds of funders to go?