Prosperity Now is a 501(c)(3) nonprofit organization headquartered in Washington, DC, dedicated to advancing economic opportunity and financial security. The organization serves as a resource for communities and organizations working to strengthen financial security, support small businesses, and expand pathways to opportunity. Prosperity Now operates through a systems-oriented approach, innovating, incubating, activating, and elevating solutions that address root causes of economic barriers.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$13.7M
-44.9% YoY
Annual Giving
$2.1M
-67.7% YoY
Grant Count
4
-73.3% YoY
Avg Grant Size
$528K
+21.0% YoY
Mission & Focus Areas
Mission: We inspire bold action and provide organizations with the tools, research and resources needed to help people build prosperity so everyone can thrive.
Vision: A future where innovation creates jobs, grows businesses, and builds strong communities.
Core Values:
- Innovation: Developing creative, practical solutions that lead to real progress
- Purpose: Leading with honesty, responsibility, and fairness while adapting to change with thoughtful decisions
- Partnership: Believing collaboration creates stronger solutions and lasting change
Primary Focus Areas:
Tax Opportunity: Providing education and resources to help households navigate tax benefits and strengthen financial stability. This includes Volunteer Income Tax Assistance (VITA) programs offering free, high-quality tax preparation services to help families claim critical benefits like the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC).
Financial Security: Helping communities and organizations strengthen financial security through practical tools, research, and partnerships.
Economic Mobility: Advancing economic mobility with particular focus on those facing economic barriers.
Grantmaking
Prosperity Now provides grants and support to partner organizations. Recent grantmaking activity includes:
Ready to take the next step with Prosperity Now?
Geographic Focus
Where this funder awards grants
Prosperity Now operates nationally, with headquarters in Washington, DC. The organization works with communities and organizations across the country to advance economic opportunity.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Financial Data (2024):
- Total Revenue: $14,096,149
- Total Expenses: $19,551,072
- Net Income: -$5,454,923
- Total Assets: $13,716,505
- Total Liabilities: $8,230,000
- Net Assets: $5,487,114
Historical Context: The organization has been tax-exempt since January 1980 and maintains a 501(c)(3) status. It employs approximately 88 staff members.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $13,716,505 | $24,905,014 | $25,395,474 |
| Revenue | $14,096,149 | $20,410,607 | $17,231,034 |
| Expenses | $19,551,072 | $25,139,910 | $24,165,756 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $207,103 | $235,731 | $371,741 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
140 grants across all recorded years
Open Grants
1 open opportunity from Prosperity Now
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Pacific Community Ventures ($1,909,214), National Association of Latino Asset Builders ($100,000), Latino Business Action Network ($85,000).
| Recipient | Purpose | Amount |
|---|---|---|
| PACIFIC COMMUNITY VENTURES OAKLAND, CA | TO PROMOTE THE ORGANIZATION'S MISSION & EXPAND ITS REACH TO THE UNDERSERVED POPULATION | $1,909,214 |
| LATINO BUSINESS ACTION NETWORK SAN JOSE, CA | TO PROMOTE THE ORGANIZATION'S MISSION & EXPAND ITS REACH TO THE UNDERSERVED POPULATION | $85,000 |
| NATIONAL ASSOCIATION OF LATINO ASSET BUILDERS SAN ANTONIO, TX | TO PROMOTE THE ORGANIZATION'S MISSION & EXPAND ITS REACH TO THE UNDERSERVED POPULATION | $100,000 |
| AMERICAN LATINO VETERANS ASSOCIATION HERNDON, VA | TO PROMOTE THE ORGANIZATION'S MISSION & EXPAND ITS REACH TO THE UNDERSERVED POPULATION | $17,238 |
Leadership & Key People
Leadership team and compensation from IRS filings
President and CEO: Marisa Calderon
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| COURTNEY HOWARD HODAPP | BOARD CHAIR | 4 | — |
| RONALD GRZYWINSKI | SECRETARY | 4 | — |
| JACKSON BROSSY | DIRECTOR (UNTIL 2/24) | 4 | — |
| ANNIE BURNS | DIRECTOR | 4 | — |
| GARNESHA EZEDIARO | DIRECTOR | 4 | — |
| DARLENE GOINS | DIRECTOR (UNTIL 6/24) | 4 | — |
| SERRA FALK GOLDMAN | DIRECTOR | 4 | — |
| ROBIN MCKINNEY | DIRECTOR (UNTIL 2/24) | 4 | — |
| HORACIO MENDEZ | DIRECTOR | 4 | — |
| VICTOR REINOSO | DIRECTOR | 4 | — |
| BEA STOTZER | DIRECTOR | 4 | — |
| MARISA CALDERON | PRESIDENT & CEO | 40 | $386,330 |
| CHANDA LUPUNGA-PHILLIPS | VICE PRESIDENT OF ADMINISTRATION | 40 | $232,625 |
| JENNIFER BROOME | VP, PHILANTHROPY (UNTIL 8/24) | 40 | $169,165 |
| JAE HENDERSON | DIRECTOR OF PRODUCT | 40 | $231,126 |
| SRINIVASA MALLAJOSYULA | DIRECTOR OF DATA | 40 | $234,030 |
| CHERIE COLLINS SIMS - CHIEF | STRAT. & INNOV. OFFICER (UNTIL 5/24) | 40 | $236,200 |
| MARY-FRANCES WAIN | CHIEF ENGAGEMENT OFF. (UNTIL 4/24) | 40 | $219,452 |
| JENNIFER MEDINA | SR. DIR. OF PROJECT MANAGEMENT | 40 | $186,578 |
Recent News & Activity
Recent developments and announcements
**Wells Fargo Foundation Grant:** Prosperity Now received a $1 million grant from the Wells Fargo Foundation to support VITA organizations nationwide.
Prosperity Now and Wells Fargo Foundation Launch 2026 ...**2026 VITA Support Fund:** The organization launched a Request for Proposals for the 2026 VITA Support Fund in partnership with the Wells Fargo Foundation.
Prosperity Now and Wells Fargo Foundation Launch 2026 ...**Prosperity Summit 2025:** Held the 2025 Prosperity Summit under the theme "Together We Thrive," bringing together a wide range of voices to celebrate the power of unity and community strengthening.
**Policy Engagement:** Leadership has engaged in policy discussions, including participation in forums addressing economic security and system design, as well as strengthening the Community Reinvestment Act (CRA) system.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Prosperity Now fund?
**Mission:** We inspire bold action and provide organizations with the tools, research and resources needed to help people build prosperity so everyone can thrive. **Vision:** A future where innovation creates jobs, grows businesses, and builds strong communities. **Core Values:** • Innovation: Developing creative, practical solutions that lead to real progress • Purpose: Leading with honesty, responsibility, and fairness while adapting to change with thoughtful decisions • Partnership: Believi…
How do I apply for a grant from Prosperity Now?
Prosperity Now provides grants and support to partner organizations. Recent grantmaking activity includes: • **Wells Fargo Foundation Partnership:** Received a $1 million grant from the Wells Fargo Foundation to support VITA organizations nationwide. The organization also launched the 2026 VITA Support Fund with a Request for Proposals process. The organization reports total giving of $2,138,661 in recent filings.
Where does Prosperity Now make grants?
Prosperity Now operates nationally, with headquarters in Washington, DC. The organization works with communities and organizations across the country to advance economic opportunity.
What size grants does Prosperity Now award?
In 2024, Prosperity Now awarded 4 grants totaling $2.1M — an average of about $528K per grant, based on its IRS Form 990 filings.
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.
Explore Open Grants
Browse active grant opportunities in Prosperity Now's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Demand Justice Initiative
WASHINGTON, DC
Assets
$7.6M
Grants
1
Total Given
$225K
American Academic Leadership Institute
WASHINGTON, DC
Assets
$3.6M
Grants
2
Total Given
$50K
Cnfa
WASHINGTON, DC
Assets
$18.3M
Grants
9
Total Given
$4.2M
Partnership for a Healthier America
WASHINGTON, DC
Assets
$10.8M
Grants
12
Total Given
$350K
Association of Schools of Allied Health
WASHINGTON, DC
Assets
$2.3M
Grants
2
Total Given
$60K
Fulcrum Foundation Inc
WASHINGTON, DC
Assets
$53K
Grants
10
Total Given
$13K
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Prosperity Now on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Prosperity Now to a real strategy.