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Prosperity Now

Public charity · Grantmaker Washington, DC EIN: 52-1141804 Website

Prosperity Now is a public charity based in Washington, DC, that works to expand economic opportunity and financial security. It supports organizations with research, tools, resources, and funding to help people and communities build prosperity.

Prosperity Now at a glance

In short: Prosperity Now gave $2.1M across 4 grants in 2024 (avg $528K), mostly in California. Source: 2024 IRS Form 990.

Annual giving (2024)
$2,111,452
-67.7% vs 2023
Grants made (2024)
4
-73.3% vs 2023
Average grant
$527,863
+21.0% vs 2023
Median grant
$92,500
Total assets
$13,716,505
-44.9% vs 2023
Primary geography
California (94% of itemized 2024 grant dollars)
Latest 990 filing
Form 990, 2024 View filing

Data from IRS Form 990, 2024; updated October 2026.

How to apply to Prosperity Now

Next open deadline
January 27, 2027 (2026 VITA Support Fund)
Contact

Mailing address: 1200 G Street Nw 400, Washington, DC 20005
Phone: (202) 408-9788
Website: https://prosperitynow.org

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Prosperity Now funds

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Pacific Community Ventures: $1.9MPacific Community Ventures$1.9MNational Association of Latino Asset Builders: $100KNational Association of LatinoAsset Builders$100KLatino Business Action Network: $85KLatino Business Action Network$85KAmerican Latino Veterans Association: $17KAmerican Latino VeteransAssociation$17K

The largest 2024 recipient was Pacific Community Ventures ($1.9M). Together the top 4 received $2.1M.

Grant Size Distribution

172 grants across all recorded years

137<$50K13$50–100K9$100–250K6$250–500K3$500K–1M3$1–5M1$5M+

The most common grant size was under $50K: 137 grants of 172 (80%).

Geographic Focus

Where this funder awards grants

Prosperity Now describes its work as nationwide. Its 2024 grant dollars went primarily to California recipients (94%), followed by Texas (5%) and Virginia (1%).

Grant Distribution by State

34states

Share of 2024 grant dollars across all 4 itemized grants.

Cities

WashingtonMinneapolisSeattleLos AngelesChicagoMiamiOaklandBostonDallasDetroitSan FranciscoBirminghamHartfordPhiladelphiaBrownsvilleColumbusDuncanvilleHollywoodJacksonLancaster

How Prosperity Now gives

  • Giving fell 56% from 2021 to 2024. Method

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

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M$8M82 grants2020 28 grants2021 43 grants2022 15 grants2023 4 grants2024

From 2020 to 2024, annual grant giving ranged from $1.4M (2020) to $6.5M (2023). In 2024 it made 4 grants totaling $2.1M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Pacific Community Ventures Oakland, CATo promote the organization's mission & expand its reach to the underserved population$1,909,214
National Association of Latino Asset Builders San Antonio, TXTo promote the organization's mission & expand its reach to the underserved population$100,000
Latino Business Action Network San Jose, CATo promote the organization's mission & expand its reach to the underserved population$85,000
American Latino Veterans Association Herndon, VATo promote the organization's mission & expand its reach to the underserved population$17,238
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2024$13,716,505$14,096,149$19,551,072$2,111,4524$207,103
2023$24,905,014$20,410,607$25,139,910$6,542,08515$235,731
2022$25,395,474$17,231,034$24,165,756$4,560,75043$371,741
2021$29,090,376$24,644,874$17,332,743$4,795,16928$568,549
2020$19,779,417$11,017,841$12,600,388$1,353,22982$271,129

Research compiled by Grantable AI from public sources. Last updated October 2026.

Mission & Focus Areas

Prosperity Now’s mission is to inspire bold action and provide organizations with the tools, research, and resources needed to help people build prosperity so everyone can thrive. Its website describes work spanning housing and homeownership, entrepreneurship and small business, child and family financial health, tax opportunity, and support for organizations serving communities.

Its 2024 grants included support for organizations whose stated missions focus on small business and economic mobility in Latino communities. Pacific Community Ventures says it supports small business owners and their communities through restorative capital, business advising, and work to promote good jobs. The National Association for Latino Community Asset Builders says it advances economic mobility in Latino communities. Latino Business Action Network says it works to improve the lives of Latinos through entrepreneurship.

Grantmaking

In filing year 2024, Prosperity Now reported four grants totaling $2,111,452. Grants ranged from $17,238 to $1,909,214, with a median of $92,500. The largest awards were $1,909,214 to Pacific Community Ventures, $100,000 to the National Association of Latino Community Asset Builders, $85,000 to Latino Business Action Network, and $17,238 to American Latino Veterans Association. The stated purpose for each was to promote the organization’s mission and expand its reach to underserved populations.

Prosperity Now also runs funding opportunities with outside partners. Its Fall 2026 VITA Support Fund, in collaboration with the Wells Fargo Foundation, offers grants of $5,000 to $20,000 to IRS-certified VITA sites and organizations that directly support VITA operations and plan to deliver VITA services during the 2027 filing season. Funding may support staffing and volunteer needs, technology, outreach, language access, accessibility, and other costs of preparing for and delivering VITA services. The application deadline was September 8, 2026, so this cycle has passed. Spring 2026 applicants were automatically considered for the fall round, with an option to submit an updated application by that deadline. The funder says the fall round was funded in part by a $1 million Wells Fargo Foundation grant.

The 2025 Rise Challenge, developed with Accenture and Avanade, sought implementation-ready digital or technical-assistance solutions for CDFIs. It offered one $100,000 implementation contract, including integration into Prosperity Next; the deadline was August 22, 2025, so that cycle has passed.

Leadership & Key People

Leadership team and compensation from IRS filings

The organization’s website identifies Marisa Calderon as President and CEO. The 2024 filing lists Courtney Howard Hodapp as board chair and Ronald Grzywinski as secretary. Directors listed on that filing were Jackson Brossy, Annie Burns, Garnesha Ezediaro, Darlene Goins, Serra Falk Goldman, Robin McKinney, Horacio Mendez, and Victor Reinoso. The filing marks Jackson Brossy and Robin McKinney as serving until February 2024 and Darlene Goins as serving until June 2024.

Prosperity Now is led by Marisa Calderon, President & CEO on the 2024 filing; 8 of 19 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Marisa Calderon

    President & CEO

    New on the 2024 filing

    40 hrs/week

    $386K (2024)

  • Courtney Howard Hodapp

    Board Chair

    Vice Chair → Chair, 2023

    Chair → Board Chair, 2024

    On filings since 2020

    4 hrs/week

    No compensation reported

  • Jae Henderson

    Director of Product

    Director Product → Director of Product, 2024

    On filings since 2023

    40 hrs/week

    $199K (2023) → $231K (2024)

  • Jennifer Medina

    Senior Director of Project Management

    New on the 2024 filing

    40 hrs/week

    $187K (2024)

  • Srinivasa Mallajosyula

    Director of Data

    New on the 2024 filing

    40 hrs/week

    $234K (2024)

  • Annie Burns

    Director

    On filings since 2020

    4 hrs/week

    No compensation reported

  • Bea Stotzer

    Director

    On filings since 2020

    4 hrs/week

    No compensation reported

  • Robin McKinney

    Director

    On filings since 2020

    4 hrs/week

    No compensation reported

  • Victor Reinoso

    Director

    Director → Chair, 2021

    Chair → Director, 2023

    On filings since 2020

    4 hrs/week

    No compensation reported

  • Darlene Goins

    Director

    On filings since 2021

    4 hrs/week

    No compensation reported

  • Jackson Brossy

    Director

    On filings since 2021

    4 hrs/week

    No compensation reported

  • Serra Falk Goldman

    Director

    On filings since 2021

    4 hrs/week

    No compensation reported

  • Garnesha Ezediaro

    Director

    On filings since 2022

    4 hrs/week

    No compensation reported

  • Horacio Mendez

    Director

    Treasurer → Director, 2024

    On filings since 2023

    4 hrs/week

    No compensation reported

  • Mary-Frances Wain

    Chief Engagement Officer

    On filings since 2021

    40 hrs/week

    $277K (2021) → $219K (2024)

  • Chanda Lupunga-Phillips

    Vice President of Administration

    Vice President, Talent & Culture → Vice President of Administration, 2024

    On filings since 2022

    40 hrs/week

    $209K (2022) → $233K (2024)

  • Jennifer Broome

    Vice President & Philanthropy

    Vice President & Philantropy → Vice President & Philanthropy, 2023

    On filings since 2022

    40 hrs/week

    $233K (2022) → $169K (2024)

  • Cherie Collins Sims - Chief

    Strat. & Innov. Officer

    New on the 2024 filing

    40 hrs/week

    $236K (2024)

  • Ronald Grzywinski

    Secretary

    On filings since 2020

    4 hrs/week

    No compensation reported

Former officers (31)
  • Former: Cherie Collins Sims (2020–2023) — Chief Strategy & Innovation Officer
  • Former: Gary Cunningham (2020–2023) — President & CEO
  • Former: John A. Powell (2021–2023) — Director
  • Former: Megan Selby (2021–2023) — Director
  • Former: Jada Grandy-Mock (2022–2023) — Director
  • Former: Douglas Ryan (2023) — Vice President & Policy Applied Research
  • Former: Natalie Evans Harris (2023) — Executive Director
  • Former: Tara Kenchen (2023) — COO
  • Former: Rebecca Thompson (2021–2022) — Vice President, Strat Ptnship & Ntwk Bldg
  • Former: Romilda Avila (2021–2022) — Treasurer
  • Former: Asheesh Advani (2020–2021) — Chair
  • Former: Bill Bynum (2020–2021) — Vice Chair
  • Former: Ellen Lazar (2020–2021) — Vice Chair
  • Former: John Kalamarides (2020–2021) — Treasurer
  • Former: Judith Bell (2020–2021) — Director
  • Former: Martha Kanter (2020–2021) — Director
  • Former: Opal Hawkins (2020–2021) — CFO & COO
  • Former: Robert E. Friedman (2020–2021) — Chair-Emeritus & General Counsel
  • Former: Sherry Salway Black (2020–2021) — Director
  • Former: Douglas Major-Ryan (2021) — Vice President, Policy & Applied Research
  • Former: Leston Welsh (2021) — Treasurer
  • Former: Lillian Singh--Vp Programs (2021) — Racial Wealth Equity
  • Former: Michael Nguyen (2021) — Chief Operating Officer
  • Former: Natalie Abatemarco (2021) — Director
  • Former: Tamara Draut (2021) — Director
  • Former: Adnan Bokhari (2020) — CFO & COO
  • Former: Brandee McHale (2020) — Director
  • Former: Caryn Sweeney (2020) — Chief Phil. Officer
  • Former: David Newville (2020) — Vice President, Policy & Research
  • Former: Frances Rosebush (2020) — Vice President, Partnerships, Field Eng. & Pol.
  • Former: Lillian Singh (2020) — Vice President, Programs & Racial Wealth Equity

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Marisa Calderon — President & CEO: $386KMarisa CalderonPresident & CEO$386KCherie Collins Sims - Chief — Strat. & Innov. Officer (Until 5/24): $236KCherie Collins Sims…Strat. & Innov. Officer (Until…$236KSrinivasa Mallajosyula — Director of Data: $234KSrinivasa MallajosyulaDirector of Data$234KChanda Lupunga-Phillips — Vice President of Administration: $233KChanda Lupunga-PhillipsVice President of Administration$233KJAE Henderson — Director of Product: $231KJAE HendersonDirector of Product$231KMary-Frances Wain — Chief Engagement Off. (Until 4/24): $219KMary-Frances WainChief Engagement Off. (Until…$219KJennifer Medina — Sr. DIR. of Project Management: $187KJennifer MedinaSr. DIR. of Project Management$187KJennifer Broome — VP, Philanthropy (Until 8/24): $169KJennifer BroomeVP, Philanthropy (Until 8/24)$169K

The highest reported compensation on the 2024 filing was $386K, to Marisa Calderon (President & CEO). 8 officers or directors reported compensation on that filing.

Frequently asked questions about Prosperity Now

How much does Prosperity Now give each year?

Prosperity Now gave $2.1M across 4 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $6.5M across 15 grants.

What is Prosperity Now's typical grant size?

Prosperity Now's median grant in 2024 was $92,500, and its average grant was $527,863, across 4 grants on its 2024 IRS Form 990.

Where does Prosperity Now give grants?

Prosperity Now gives mostly in California: 94% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there.

Does Prosperity Now give general operating support?

Not in 2024: none of the 4 grants with a stated purpose on Prosperity Now's 2024 IRS Form 990 were described as general or operating support.

How large is Prosperity Now?

Prosperity Now reported $13.7M in total assets on its 2024 IRS Form 990. Its revenue that year was $14.1M.

What does Prosperity Now fund?

Prosperity Now’s mission is to inspire bold action and provide organizations with the tools, research, and resources needed to help people build prosperity so everyone can thrive. See mission & focus areas ↑

How do I apply for a grant from Prosperity Now?

Prosperity Now has no public application process in the sources Grantable reviewed. Check prosperitynow.org for current guidelines, or contact the foundation directly before submitting a request.

What is Prosperity Now's EIN?

Prosperity Now's EIN (Employer Identification Number) is 52-1141804. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 1, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS June 27, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 6, 2025)
  6. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Prosperity Now'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.

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