With a mission to build the capacity of nonprofits, businesses, and individuals to maximize their community impact, Impact Foundation's overall goal is to dramatically improve its nonprofit partners' capacity to produce superior results. Impact Foundation operates exclusively for charitable, scientific, and educational purposes. To meet its primary goal, Impact Foundation (Impact) receives and administers donations, makes contributions to, and provides assistance to other nonprofit organizations. Impact operates charitable initiatives designed to measurably improve society in areas including: economic development; health and healthcare access; education and training; and other philanthropic areas identified by donors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$9.3M
+25.3% YoY
Annual Giving
$1.4M
+1.0% YoY
Grant Count
30
+42.9% YoY
Avg Grant Size
$47K
-29.3% YoY
About Impact Foundation
Based on IRS filings
Impact Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in FARGO, ND. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.3M in total assets. In 2024, it awarded 30 grants totaling $1.4M. Net investment income was $225K.
Focus Areas
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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 | $9,305,594 | $7,427,308 | $6,186,034 |
| Revenue | $4,589,669 | $3,900,044 | $3,041,976 |
| Expenses | $2,737,521 | $2,544,896 | $1,748,067 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $224,779 | $145,870 | $28,383 |
| 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
117 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Prairie Heights Church ($750,000), Bethel University ($140,000), Living Word Lutheran Church ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Amistad Worldwide Moorhead, MN | Support general operations of this org to bring sustainable solutions to impoverished areas | $9,000 |
| Bethel University St Paul, MN | Support general operations of this university | $140,000 |
| Bio Girls Fargo, ND | Support mission to improve the self esteem of adolescent girls | $9,800 |
| Casselton Park District Casselton, ND | Support 5th Qtr. Activities for youth with safe, drug and alcohol-free events. | $17,100 |
| City Of Cando Cando, ND | Support of library, hockey arena, golf course, fire department, and swimming pool | $5,500 |
| Dakota Medical Foundation Fargo, ND | Support the Lead with Light DMF program | $7,000 |
| Fargo Memorial Honor Guard Fargo, ND | Provide support to local National Veterans Cemetery | $15,000 |
| Farm Rescue Horace, ND | Support family farms to resume viable operations | $5,400 |
| Feed My Starving Children Coon Rapids Coon Rapids, MN | Support mission to reach everyone until all are fed | $15,000 |
| Fix It Forward Ministry Inc Fargo, ND | Support mission to maintain and provide vehicles to those in need | $11,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Dan Carey | Chair | 3 | — |
| Susan Mathison MD | Vice Chair | 2 | — |
| Phil Hansen | Secretary | 2 | — |
| Sindy Keller | Treasurer | 2 | — |
| Jacob Strinden | Board Member from Jul 2024 | 2 | — |
| Eric Monson | Board Member from Jul 2024 | 2 | — |
| John Patrick Traynor | Executive Director | 17.5 | $121,962 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Impact Foundation?
Impact Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in FARGO, ND. It holds $9.3M in total assets as of 2024.
How large is Impact Foundation?
As of 2024, Impact Foundation holds $9.3M in total assets with $4.6M in annual revenue. It awarded 30 grants totaling $1.4M in 2024.
Where does Impact Foundation operate?
Impact Foundation has awarded grants in Illinois, Kentucky, Minnesota, North Dakota, Virginia, Wisconsin.
What size grants does Impact Foundation award?
In 2024, Impact Foundation awarded 30 grants totaling $1.4M — an average of about $47K per grant, based on its IRS Form 990 filings.
What is Impact Foundation's EIN?
Impact Foundation's EIN (Employer Identification Number) is 20-0520386. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Impact Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
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—
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Assets
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Inspiritus Community Health Foundation
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Offutt Family Foundation
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Total Given
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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