Impact First Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BELMONT, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 4 grants totaling $94K. Net investment income was $64K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.6M
+20.7% YoY
Annual Giving
$94K
+70.1% YoY
Grant Count
4
-20.0% YoY
Avg Grant Size
$23K
+112.6% YoY
Under IRS private-foundation payout rules, Impact First Fund reported a distributable amount of $75K for 2024 — the minimum it must pay out in qualifying distributions.
About Impact First Fund
Based on IRS filings
Impact First Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BELMONT, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 4 grants totaling $94K. Net investment income was $64K.
Focus Areas
Ready to take the next step with Impact First Fund?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,637,461 | $1,356,374 | $908,108 |
| Revenue | $65,119 | $52,815 | $51,630 |
| Expenses | $99,577 | $58,289 | $42,243 |
| Qualifying Distributions | $96,639 | $58,010 | $39,843 |
| Net Investment Income | $64,015 | $52,440 | $48,820 |
| Distributable Amount | $74,803 | $56,388 | $56,736 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
16 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Raising a Reader ($33,542), Room to Grow ($30,000), Boston Ballet ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BOSTON BALLET BOSTON, MA | OPERATING SUPPORT | $25,000 |
| FOSTER LOVE BREA, CA | OPERATING SUPPORT | $5,000 |
| RAISING A READER BOSTON, MA | OPERATING SUPPORT | $33,542 |
| ROOM TO GROW BOSTON, MA | OPERATING SUPPORT | $30,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BRIAN PLANCHER | FOUNDER/TRUSTEE | — | — |
| TERESA A KNICKMAN PLANCHER | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Impact First Fund?
Impact First Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BELMONT, MA. It holds $1.6M in total assets as of 2024.
How large is Impact First Fund?
As of 2024, Impact First Fund holds $1.6M in total assets with $65K in annual revenue. It awarded 4 grants totaling $94K in 2024.
Where does Impact First Fund operate?
Impact First Fund has awarded grants in California, Massachusetts, Rhode Island.
What size grants does Impact First Fund award?
In 2024, Impact First Fund awarded 4 grants totaling $94K — an average of about $23K per grant, based on its IRS Form 990 filings.
How much is Impact First Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Impact First Fund reported a distributable amount of $75K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Impact First Fund's EIN?
Impact First Fund's EIN (Employer Identification Number) is 85-6821613. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Impact First Fund's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Liberty Mutual Foundation Inc
BOSTON, MA
Assets
$46.1M
Grants
706
Total Given
$50.6M
Lovett-Woodsum Foundation Inc
BOSTON, MA
Assets
$87.6M
Grants
85
Total Given
$1.9M
Eastern Bank Foundation
LYNN, MA
Assets
$249.7M
Grants
1
Total Given
$14.7M
Gs Donor Advised Philanthropy Fund
NEW YORK, NY
Assets
$12.7B
Grants
7,424
Total Given
$3.0B
The Emily Hall Tremaine Foundation Inc
TOLLAND, CT
Assets
$78.8M
Grants
190
Total Given
$2.9M
Baird Foundation Inc
MILWAUKEE, WI
Assets
—
Grants
3,751
Total Given
$6.6M
Morgan Stanley Global Impact Funding Trust Inc
INDIANAPOLIS, IN
Assets
$9.1B
Grants
19,253
Total Given
$1.2B
Boston Foundation Inc
BOSTON, MA
Assets
$1.9B
Grants
2,046
Total Given
$169.9M
The Pfizer Foundation Inc
NEW YORK, NY
Assets
$255.3M
Grants
9,306
Total Given
$23.2M
California Community Foundation
LOS ANGELES, CA
Assets
$2.2B
Grants
2,025
Total Given
$272.6M
Sunstone Foundation
WILMINGTON, DE
Assets
$474K
Grants
102
Total Given
$946K
The Tom & Elena Matlack Charitable
BOSTON, MA
Assets
$932K
Grants
12
Total Given
$34K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Impact First Fund 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