SOCIAL FINANCE BUILDS INNOVATIVE PARTNERSHIPS AND INVESTMENTS THAT REALIGN SYSTEMS TO MEASURABLY IMPROVE LIVES.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$194.3M
+22.8% YoY
Annual Giving
$1.1M
-18.1% YoY
Grant Count
3
-25.0% YoY
Avg Grant Size
$381K
+9.2% YoY
About Social Finance Inc
Based on IRS filings
Social Finance Inc is a nonprofit organization focused on Human Services, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $194.3M in total assets. In 2024, it awarded 3 grants totaling $1.1M. Net investment income was $5.6M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $194,299,108 | $158,209,325 | $153,587,163 |
| Revenue | $79,102,825 | $39,216,945 | $73,403,817 |
| Expenses | $36,403,375 | $31,575,913 | $23,292,911 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $5,575,592 | $3,773,111 | $124,327 |
| 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 3 recipients in 2024
Grant Size Distribution
22 grants across all recorded years
Open Grants
4 open opportunities from Social Finance Inc
Hawaiʻi Renewable Learning Fund
Social Finance Inc
Amount
Varies
Deadline
Rolling / Open
Massachusetts Career Ladder Program (CLP)
Social Finance Inc
Amount
$440 per week (pre-tax) for ~10 months
Deadline
Rolling / Open
Massachusetts Climate Careers Fund
Social Finance Inc
Amount
Varies
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Treac ($692,486), Merit America ($417,600), Unidos ($32,691).
| Recipient | Purpose | Amount |
|---|---|---|
| TREAC Tuscaloosa, AL | PAVE SIB Project Outcomes Payments | $692,486 |
| Merit America Washington, DC | Google AI Startup Grant project | $417,600 |
| Unidos Washington, DC | Google AI Startup Grant project | $32,691 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Tracy Palandjian | CEO & Co-Founder | 40 | $789,674 |
| KIRSTIN HILL | President & COO | 40 | $383,937 |
| John Woods | CHIEF FINANCIAL OFFICER | 40 | $302,680 |
| Jacob Segal | MANAGING DIRECTOR, Impact Adv. | 40 | $297,535 |
| KAREN LYNN ANDERSON | MANAGING DIR, SFI | 40 | $291,355 |
| Navjeet K Bal | General Counsel(until 12/6/24) | 40 | $249,491 |
| Stephen Gaetano Vicinelli | VP, Impact Investments | 40 | $237,195 |
| Andrew C Chen | VP, Impact Investments | 40 | $238,720 |
| Catherine Dun Rappaport | VP, Impact Investments | 40 | $234,695 |
| Jonathan S Edwards | VP, Impact Investments | 40 | $235,720 |
| Justin Bakule | VP, Impact Investments | 40 | $234,695 |
| Leslie Cornell | GEN. COUNS. & CHIEF COMP. | 40 | $218,762 |
| Alexa Rachlin | Director | 2 | — |
| BRACEBRIDGE H YOUNG JR | Director | 2 | — |
| Doug Henderson | Treasurer | 2 | — |
| DR LAUREN SMITH | Director | 2 | — |
| EDWARD L SHAPIRO | Director | 2 | — |
| GOVERNOR DEVAL PATRICK | Director | 2 | — |
| Ian Simmons | Director | 2 | — |
| Karen Dynan | Director | 2 | — |
| Laura Lauder | Director | 2 | — |
| Laurene Sperling | Director | 2 | — |
| ELIZABETH LEMPRES | Director | 2 | — |
| Nancy Zimmerman | Clerk | 2 | — |
| PAMELA DIPPEL CHONEY | Chair | 2 | — |
| SANDRA A URIE | DIRECTOR | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Social Finance Inc?
Social Finance Inc is a nonprofit organization focused on Human Services, based in BOSTON, MA. It holds $194.3M in total assets as of 2024.
How large is Social Finance Inc?
As of 2024, Social Finance Inc holds $194.3M in total assets with $79.1M in annual revenue. It awarded 3 grants totaling $1.1M in 2024.
Where does Social Finance Inc operate?
Social Finance Inc has awarded grants in Alabama, California, District of Columbia, Illinois, Massachusetts, Michigan, New York, Texas, Washington.
What size grants does Social Finance Inc award?
In 2024, Social Finance Inc awarded 3 grants totaling $1.1M — an average of about $381K per grant, based on its IRS Form 990 filings.
What is Social Finance Inc's EIN?
Social Finance Inc's EIN (Employer Identification Number) is 27-4620963. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Social Finance Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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