Impact First Fund

Private foundation · Grantmaker Belmont, MA EIN: 85-6821613

Impact First Fund is a private foundation, based in Belmont, MA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $2.2M in total assets. In 2025, it awarded 5 grants totaling $140K. Net investment income was $180K.

Impact First Fund at a glance

In short: Impact First Fund gave $140K across 5 grants in 2025 (avg $28K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$140,000
+49.7% vs 2024
Grants made (2025)
5
+25.0% vs 2024
Average grant
$28,000
+19.7% vs 2024
Median grant
$25,000
Total assets
$2,229,776
+36.2% vs 2024
Primary geography
Massachusetts (96% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Impact First Fund funds

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2025

Boston Ballet: $50KBoston Ballet$50KRoom to Grow: $50KRoom to Grow$50KRaising a Reader: $25KRaising a Reader$25KHarwich Jr Theatre: $10KHarwich Jr Theatre$10KFoster Love: $5KFoster Love$5K

The largest 2025 recipient was Boston Ballet ($50K). Together the top 5 received $140K.

Grant Size Distribution

21 grants across all recorded years

18<$50K3$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 18 grants of 21 (86%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2025 grant dollars across all 5 itemized grants.

Cities

BostonBreaProvidenceRoxburyWest Harwich

How Impact First Fund gives

  • Giving grew 367% from 2022 to 2025. Method
  • In 2025 it paid out 143% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K0 grants2020 4 grants2021 3 grants2022 5 grants2023 4 grants2024 5 grants2025

From 2021 to 2025, annual grant giving ranged from $30K (2022) to $140K (2025). In 2025 it made 5 grants totaling $140K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Boston Ballet Boston, MAOperating Support$50,000
Room to Grow Boston, MAOperating Support$50,000
Raising a Reader Boston, MAOperating Support$25,000
Harwich Jr Theatre West Harwich, MAOperating Support$10,000
Foster Love Brea, CAOperating Support$5,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$2,229,776$188,025$143,693$140,0005$144,286$180,025$100,762
2024$1,637,461$65,119$99,577$93,5424$96,639$64,015$74,803
2023$1,356,374$52,815$58,289$55,0005$58,010$52,440$56,388
2022$908,108$51,630$42,243$30,0003$39,843$48,820$56,736
2021$1,423,463$84,031$86,382$85,0004$86,382$79,031$61,604
2020$1,000,251$995,245—————$1,350

Under IRS private-foundation payout rules, Impact First Fund reported a distributable amount of $101K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Impact First Fund's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Brian Plancher

    Founder & Trustee

    On filings since 2020

    No compensation reported

  • Teresa A. Knickman Plancher

    Trustee

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Impact First Fund

How much does Impact First Fund give each year?

Impact First Fund gave $140K across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $94K across 4 grants.

What is Impact First Fund's typical grant size?

Impact First Fund's median grant in 2025 was $25,000, and its average grant was $28,000, across 5 grants on its 2025 IRS Form 990-PF.

Where does Impact First Fund give grants?

Impact First Fund gives mostly in Massachusetts: 96% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Boston, MA (3 grants).

Does Impact First Fund give general operating support?

Yes: 100% of Impact First Fund's 2025 grants with a stated purpose (5 of 5) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Impact First Fund's largest grantees?

Impact First Fund's largest 2025 grantees include Boston Ballet ($50,000), Room to Grow ($50,000) and Raising a Reader ($25,000), according to its 2025 IRS Form 990-PF. Together they received 89% of its itemized 2025 grant dollars.

How large is Impact First Fund?

Impact First Fund reported $2.2M in total assets on its 2025 IRS Form 990-PF. It paid out $144K in qualifying distributions that year, against a required minimum of $101K (roughly 5% of its investment assets).

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 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 11, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 12, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS April 13, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 9, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS July 23, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS June 8, 2026)

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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 First 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.

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