mBOLDen Change
We champion, design and incubate bold, community-driven solutions that dismantle barriers and close equity gaps ? so everyone has the resources and power to thrive.
mBOLDen Change at a glance
- Total assets
- $339,680
- +77.1% vs 2024
- Revenue (2025)
- $562,553
- -7.9% vs 2024
- Net investment income (2025)
- $1,201
- +20.9% vs 2024
- Expenses (2025)
- $410,149
- -55.9% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who mBOLDen Change funds
How this funder distributes its grants
Grant Size Distribution
4 grants across all recorded years
The most common grant size was under $50K: 2 grants of 4 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How mBOLDen Change gives
- Giving held roughly steady from 2021 to 2024 (+7%). 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 2020 to 2024, annual grant giving ranged from $15K (2021) to $116K (2023). In 2024 it made 1 grant totaling $16K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Community Financial Resources Oakland, CA | Low-income individuals | $16,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $339,680 | $562,553 | $410,149 | — | — | $1,201 |
| 2024 | $191,755 | $610,814 | $929,281 | $16,000 | 1 | $993 |
| 2023 | $541,765 | $1,554,127 | $2,053,842 | $116,000 | 1 | $7,257 |
| 2022 | $1,027,343 | $3,483,860 | $3,258,248 | $60,010 | 1 | $857 |
| 2021 | $785,365 | $770,609 | $776,059 | $15,000 | 1 | $671 |
| 2020 | $784,961 | $1,004,059 | $735,202 | $30,000 | 2 | $481 |
| 2019 | $529,820 | $924,864 | $1,289,634 | — | — | $3,971 |
About mBOLDen Change
Based on IRS filings
mBOLDen Change is a public charity focused on Human Services, based in Palo Alto, CA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $340K in total assets. Net investment income was $1K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
mBOLDen Change is led by Minh Ngo, Chairperson & Executive Director since 2025 (on filings since 2019); 2 of 5 officers listed in 2025 are compensated.
Officers on the 2025 filing
Minh Ngo
Chairperson & Executive Director
Executive Director → Chairperson & Executive Director, 2025
On filings since 2019
60 hrs/week
$195K (2019) → $259K (2025)
Annie Hockey
Trustee
On filings since 2023
0.3 hrs/week
No compensation reported
Mandy Montoya
Trustee
On filings since 2023
0.3 hrs/week
No compensation reported
Catterina Olazabal
Treasurer
On filings since 2022
5 hrs/week
$22K (2022) → $14K (2025)
Hellena Ruiz
Secretary
On filings since 2023
0.5 hrs/week
No compensation reported
Former officers (9)
- Former: Kelly Reck (2020–2022) — Chairman
- Former: Sarah Berger Gonzalez (2020–2022) — Secretary
- Former: Anna Bergstrom (2021–2022) — Board Member
- Former: Cira Nickerson (2019–2020) — Secretary
- Former: Joanne Gouaux (2019–2020) — Board Chair
- Former: Lily Ploski (2019–2020) — Former Vice Chair
- Former: Natasha Skok (2019–2020) — Former Treasurer
- Former: Amelia Krause (2020) — Board Treasurer
- Former: Michela Bedard (2019) — Program Director
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $259K, to Minh Ngo (Chairperson and Executive Director). 2 officers or directors reported compensation on that filing.
Frequently asked questions about mBOLDen Change
How large is mBOLDen Change?
mBOLDen Change reported $340K in total assets on its 2025 IRS Form 990. Its revenue that year was $563K.
What is mBOLDen Change?
mBOLDen Change is a public charity focused on Human Services, based in Palo Alto, CA. It holds $340K in total assets as of 2025.
Where does mBOLDen Change operate?
mBOLDen Change has awarded grants in California.
What is mBOLDen Change's EIN?
mBOLDen Change's EIN (Employer Identification Number) is 20-4683289. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS August 14, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS April 21, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 12, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS April 1, 2024)
- Added Form 990 for fiscal year 2025 (received by the IRS July 4, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work mBOLDen Change funds
Human Services Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in mBOLDen Change's focus areas in our free grants database
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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from mBOLDen Change'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.
mBOLDen Change down — hundreds of funders to go?