Impact First Fund

BELMONT, MA EIN: 85-6821613

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.

Ready to take the next step with Impact First Fund?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

BostonBreaProvidenceRoxbury

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$274K$547K$821K$1M20202021202220232024
Metric202420232022
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

$0$23K$47K$70K$94K0 grants20204 grants20213 grants20225 grants20234 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

RAISING A READER$34KROOM TO GROW$30KBOSTON BALLET$25KFOSTER LOVE$5K

Grant Size Distribution

16 grants across all recorded years

15<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

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).

RecipientPurposeAmount
BOSTON BALLET BOSTON, MAOPERATING SUPPORT$25,000
FOSTER LOVE BREA, CAOPERATING SUPPORT$5,000
RAISING A READER BOSTON, MAOPERATING SUPPORT$33,542
ROOM TO GROW BOSTON, MAOPERATING SUPPORT$30,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
BRIAN PLANCHERFOUNDER/TRUSTEE
TERESA A KNICKMAN PLANCHERTRUSTEE

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

Related Funders

Similar funders by location and focus area

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

Go from researching Impact First Fund to a real strategy.

Plan your approach