mBOLDen Change logo

mBOLDen Change

Public charity · Grantmaker Palo Alto, CA EIN: 20-4683289 Website

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.

Key facts about mBOLDen Change

EIN
20-4683289
Latest 990 filing
Form 990, 2025
Total assets
$339,680

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

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$340K

+77.1% YoY

Revenue

$563K

-7.9% YoY

Net Investment Income

$1K

+20.9% YoY

Expenses

$410K

-55.9% YoY

How mBOLDen Change gives

  • Giving held roughly steady from 2021 to 2024 (+7%). Method

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

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

OaklandPalo AltoSt Helena

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K0 grants2019 2 grants2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 0 grants2025

From 2020 to 2024, annual grant giving ranged from $15K (2021) to $116K (2023). In 2024 it made 1 grant totaling $16K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

4 grants across all recorded years

2<$50K1$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 2 grants of 4 (50%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$1M$2M$3M$4M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$339,680$191,755$541,765
Revenue$562,553$610,814$1,554,127
Expenses$410,149$929,281$2,053,842
Net Investment Income$1,201$993$7,257

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2019 (received by the IRS August 14, 2020)
  2. Updated Form 990 for fiscal year 2020 (received by the IRS April 21, 2021)
  3. Updated Form 990 for fiscal year 2021 (received by the IRS November 12, 2022)
  4. Updated Form 990 for fiscal year 2022 (received by the IRS April 1, 2024)
  5. Added Form 990 for fiscal year 2025 (received by the IRS July 4, 2026)
  6. IRS filings on file for fiscal years 2020–2024

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

Minh Ngo — Chairperson and Executive Director: $259KMinh NgoChairperson and Executive…$259KCatterina Olazabal — Treasurer: $14KCatterina OlazabalTreasurer$14K

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.

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