The Denovo Initiative is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PORTLAND, OR. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $18.6M in total assets. In 2024, it awarded 21 grants totaling $911K. Net investment income was $1.3M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$18.6M
-2.1% YoY
Annual Giving
$911K
+50.8% YoY
Grant Count
21
+50.0% YoY
Avg Grant Size
$43K
+0.5% YoY
Under IRS private-foundation payout rules, The Denovo Initiative reported a distributable amount of $896K for 2024 — the minimum it must pay out in qualifying distributions.
About The Denovo Initiative
Based on IRS filings
The Denovo Initiative is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PORTLAND, OR. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $18.6M in total assets. In 2024, it awarded 21 grants totaling $911K. Net investment income was $1.3M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $18,586,234 | $18,992,139 | $18,404,113 |
| Revenue | $1,030,264 | $305,421 | $-316,208 |
| Expenses | $2,241,903 | $1,939,026 | $1,675,545 |
| Qualifying Distributions | $2,290,297 | $2,020,121 | $1,443,762 |
| Net Investment Income | $1,294,786 | $349,885 | $186,379 |
| Distributable Amount | $895,908 | $1,037,200 | $947,972 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
48 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Incite Productions Inc ($125,000), Cinema Tropical Inc ($100,000), Women Make Movies Inc ($77,106).
| Recipient | Purpose | Amount |
|---|---|---|
| ADVANCE GENDER EQUITY IN THE ARTS PORTLAND, OR | PROJECT FUNDING | $35,000 |
| ALTERNATIVE NEWSWEEKLY FOUNDATION WASHINGTON, DC | PROJECT FUNDING | $15,000 |
| BAG AND BAGGAGE PRODUCTIONS HILLSBORO, OR | PROJECT FUNDING | $22 |
| BROWN GIRLS DOC MAFIA INC BRONX, NY | OPERATING GRANT | $10,000 |
| C ME GROW INC WASHINGTON, DC | OPERATING GRANT | $25,000 |
| CENTER FOR INDEPENDENT DOCUMENTARY INC BOSTON, MA | PROJECT FUNDING | $73,685 |
| CINEMA TROPICAL INC NEW YORK, NY | PROJECT FUNDING | $100,000 |
| ENTERTAINMENT 2 AFFECT CHANGE LOS ANGELES, CA | PROJECT FUNDING | $26,316 |
| FRACTURED ATLAS HARTSDALE, NY | PROJECT FUNDING | $17,421 |
| FULL SPECTRUM FEATURES CHICAGO, IL | PROJECT FUNDING | $26,316 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAWN BONDER | PRESIDENT & CEO | 40 | $175,712 |
| JANICE FINLEY | CFO | 40 | $180,712 |
| SUSAN POTTER | HEAD OF BUSINESS AFFAIRS & GC | 40 | $175,712 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Denovo Initiative?
The Denovo Initiative is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PORTLAND, OR. It holds $18.6M in total assets as of 2024.
How large is The Denovo Initiative?
As of 2024, The Denovo Initiative holds $18.6M in total assets with $1.0M in annual revenue. It awarded 21 grants totaling $911K in 2024.
Where does The Denovo Initiative operate?
The Denovo Initiative has awarded grants in California, Colorado, Connecticut, District of Columbia, Illinois, Louisiana, Massachusetts, Maine, Michigan, New York, Oregon, Utah.
What size grants does The Denovo Initiative award?
In 2024, The Denovo Initiative awarded 21 grants totaling $911K — an average of about $43K per grant, based on its IRS Form 990 filings.
How much is The Denovo Initiative required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Denovo Initiative reported a distributable amount of $896K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Denovo Initiative's EIN?
The Denovo Initiative's EIN (Employer Identification Number) is 87-3930773. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in The Denovo Initiative'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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