Lever Fund
The Lever Fund was formed with the mission to raise more local poverty-fighting dollars and to spend them in a smarter, data-driven way.the Lever Fund model is inspired by successful organizations such as the robin hood foundation (New York city, ny), a better chicago (chicago, il), and tipping point (san francisco, ca). Like these innovative nonprofit funders, the Lever Fund applies sound metrics, emphasizes genuine impact, and is committed to producing solid returns on investment with the goal of moving people from poverty to opportunity--while keeping investors informed every step of the way.
Lever Fund at a glance
In short: Lever Fund gave $20K across 1 grant in 2023 (avg $20K), mostly in District of Columbia. Source: 2023 IRS Form 990.
- Annual giving (2023)
- $20,000
- Grants made (2023)
- 1
- Average grant
- $20,000
- Median grant
- $20,000
- Total assets
- $26,103
- -46.0% vs 2022
- Primary geography
- District of Columbia (100% of itemized 2023 grant dollars)
- Latest 990 filing
- Form 990, 2023 View filing
Data from IRS Form 990, 2023; updated September 2026.
Who Lever Fund funds
How this funder distributes its grants
Top Recipients
Top recipient in 2023
The largest 2023 recipient was On-Ramps to Careers ($20K).
Grant Size Distribution
6 grants across all recorded years
The most common grant size was under $50K: 6 grants of 6 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2023 grant dollars on its one itemized grant.
Cities
How Lever Fund gives
- Giving grew 203% from 2020 to 2023. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2018 to 2023, annual grant giving ranged from $7K (2020) to $65K (2018). In 2023 it made 1 grant totaling $20K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| On-Ramps to Careers Washington, DC | Towards the Program Run by Lever Fund | $20,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2023 | $26,103 | $67,430 | $79,563 | $20,000 | 1 | $13 |
| 2022 | $48,363 | $107,593 | $80,916 | — | — | $1 |
| 2021 | $26,612 | $60,613 | $71,664 | $20,000 | 1 | $3 |
| 2020 | $38,005 | $64,342 | $55,470 | $6,600 | 1 | $5 |
| 2018 | $21,958 | $21,037 | $105,794 | $65,000 | 3 | $124 |
About Lever Fund
Based on IRS filings
Lever Fund is a public charity focused on Human Services, based in Washington, DC. IRS filing data is available from 2018 through 2023. As of 2023, the organization holds $26K in total assets. In 2023, it awarded 1 grant totaling $20K. Net investment income was $13.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Lever Fund is led by Connie K. N. Chang, Board Chair & Treasurer on every filing since 2020; none of the 5 officers listed in 2023 report compensation.
Officers on the 2023 filing
Connie K. N. Chang
Board Chair & Treasurer
On filings since 2020
5 hrs/week
No compensation reported
Nathaniel Pearlman
Founder
President & Director → Founder, 2020
On filings since 2018
0.1 hrs/week
No compensation reported
Harley Radin
Board Member
On filings since 2020
0.5 hrs/week
No compensation reported
Matt Clyne
Board Member
On filings since 2020
0.5 hrs/week
No compensation reported
Hannfried Von Hindenberg
Board Member
New on the 2023 filing
0.5 hrs/week
No compensation reported
Former officers (3)
- Former: Tim Lee (2020–2021) — Board Member
- Former: Jeannette O'Connor (2018) — Director
- Former: Mark Swartz (2018) — Treasurer & Director
Data from IRS Form 990 filings, 2018–2023. "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 Lever Fund
How much does Lever Fund give each year?
Lever Fund gave $20K across 1 grant in 2023, according to its 2023 IRS Form 990.
How large is Lever Fund?
Lever Fund reported $26K in total assets on its 2023 IRS Form 990. Its revenue that year was $67K.
What is Lever Fund?
Lever Fund is a public charity focused on Human Services, based in Washington, DC. It holds $26K in total assets as of 2023.
Where does Lever Fund operate?
Lever Fund has awarded grants in District of Columbia, Maryland, Virginia.
What is Lever Fund's EIN?
Lever Fund's EIN (Employer Identification Number) is 46-4371412. IRS Form 990 filing data is available on this page for 2018–2023.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2018 (received by the IRS March 11, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS April 5, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 15, 2024)
- IRS filings on file for fiscal years 2020–2023
Explore Open Grants
Browse active grant opportunities in Lever Fund's focus areas in our free grants database
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