Innovate First Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $281K in total assets. In 2024, it awarded 1 grants totaling $12K. Net investment income was $29.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$281K
+20.6% YoY
Annual Giving
$12K
+20.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$12K
+20.0% YoY
About Innovate First Inc
Based on IRS filings
Innovate First Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $281K in total assets. In 2024, it awarded 1 grants totaling $12K. Net investment income was $29.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $280,797 | $232,803 | $205,844 |
| Revenue | $60,029 | $37,024 | $22 |
| Expenses | $12,035 | $10,065 | $12,033 |
| Qualifying Distributions | $12,000 | $10,000 | $12,000 |
| Net Investment Income | $29 | $24 | $22 |
| Distributable Amount | $14,273 | $11,863 | $10,704 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WAYNE D BENNETT | PRESIDENT, DIRECTOR | 1 | — |
| PETER J GILMAN | TREASURER, DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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