The Fund for Change Inc
The Fund for Change Inc is a public charity based in Baltimore, Maryland, formed in 1999. It makes grants to public charitable organizations in furtherance of the mission of the Associated Jewish Community Federation of Baltimore, with a stated aim of assisting groups working in or with low- and moderate-income communities.
The Fund for Change Inc at a glance
In short: The Fund for Change Inc gave $868K across 37 grants in 2024 (avg $23K), mostly in Maryland. 11% of 2024 grantees were new. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $867,775
- -4.2% vs 2023
- Grants made (2024)
- 37
- +2.8% vs 2023
- Average grant
- $23,453
- -6.8% vs 2023
- Median grant
- $24,500
- Total assets
- $123,643
- +33.4% vs 2023
- New grantees (estimate)
- 11% first-time grantees (4 of 37, 2024)
- Primary geography
- Maryland (90% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Fund for Change Inc
- Contact
Mailing address: 5700 Park Heights Avenue, Baltimore, MD 21215
Phone: (410) 727-4828
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
1 open opportunity from The Fund for Change Inc
Who The Fund for Change Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Community Law Center ($50K). Together the top 10 received $388K.
Grant Size Distribution
200 grants across all recorded years
The most common grant size was under $50K: 187 grants of 200 (94%).
Geographic Focus
Where this funder awards grants
In 2024, 90% of grant dollars went to recipients in Maryland, 7% to recipients in Washington, DC, 2% to Michigan, and 1% to Massachusetts.
Grant Distribution by State
Share of 2024 grant dollars across all 37 itemized grants.
Cities
Is The Fund for Change Inc open to new grantees?
11%
first-time grantees, 2024
In 2024, 4 of 37 grantees (11%) were first-time recipients. First grants averaged $20K; repeat grants $24K. How we count
Medians: $23K first-time, $25K repeat.
- 84% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+0%). Method
Estimate from itemized grant lists in IRS Form 990 filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $810K (2020) to $906K (2023). In 2024 it made 37 grants totaling $868K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Community Law Center Baltimore, MD | General Support | $50,000 |
| Fusion Partnerships Inc Baltimore, MD | General Support | $50,000 |
| United Workers Association Baltimore, MD | General Support | $50,000 |
| Maryland Philanthropy Network Baltimore, MD | General Support | $42,500 |
| No Boundaries Coalition Baltimore, MD | General Support | $40,000 |
| Parity Baltimore Inc Baltimore, MD | General Support | $35,000 |
| Economic Action MD Baltimore, MD | General Support | $30,000 |
| Public Justice Center Baltimore, MD | General Support | $30,000 |
| Maryland Pesticide Education Network Inc Annapolis, MD | General Support | $30,000 |
| Balt Baltimore, MD | General Support | $30,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $123,643 | $945,371 | $934,479 | $867,775 | 37 | $6,051 |
| 2023 | $92,668 | $909,533 | $954,960 | $905,950 | 36 | $7,222 |
| 2022 | $133,638 | $284,432 | $955,008 | $899,950 | 43 | $10,211 |
| 2021 | $861,198 | $2,999 | $924,839 | $863,850 | 42 | $2,999 |
| 2020 | $1,785,027 | $2,466,062 | $865,711 | $810,190 | 42 | $23,246 |
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The organization says it was created to assist groups working in or with low- and moderate-income communities to redress inequities and build a democratic, egalitarian, and participatory society. Its program description says it provides grants to public charitable organizations benefiting low- and moderate-income communities.
Its 2024 grantees illustrate a range of work. Fusion Partnerships describes its mission as community education, participatory grantmaking, activism, and incubation services. United Workers Association says it trains low-wage workers on workers’ rights and provides education, leadership development, and advocacy skills. No Boundaries Coalition describes itself as a resident-led advocacy organization, while Parity Baltimore says it creates affordable homeownership opportunities and provides anti-displacement services. The Public Justice Center describes its work as legal advocacy for social justice, economic and racial equity, and human rights for people with low incomes.
Grantmaking
In 2024, the Fund reported 37 grants totaling $867,775. Grants ranged from $6,000 to $50,000, with a median of $24,500. The listed grant purposes were general support.
Among the largest grants were $50,000 each to Community Law Center, Fusion Partnerships, and United Workers Association; $42,500 to Maryland Philanthropy Network; $40,000 to No Boundaries Coalition; and $35,000 to Parity Baltimore. Other notable awards included $30,000 each to Economic Action MD, Public Justice Center, Maryland Pesticide Education Network, and BALT, and $28,875 to Jews United for Justice.
The filing says grant requests are reviewed for permissibility and compliance with applicable laws and regulations. The Fund says it requests and receives periodic reports and updates from grantees about how grants are used and considers that information when making future awards.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Karen H. Kreisberg as president and public director; Jean K. Kahn as vice president and donor director; Betsy L. Krieger as secretary, donor director, and member; David A. Kandel as donor director and member; Marc A. Kahn as donor director; and Brent Flickinger, Mary Jo Kirschman, and Howard B. Miller as public directors. Andrew Cushnir is listed as treasurer and public director as of April 2024; Marc B. Terrill is listed in that role until July 2024.
The Fund for Change Inc is led by Karen H. Kreisberg, President & Public Director on every filing since 2020; none of the 10 officers listed in 2024 report compensation.
Officers on the 2024 filing
Karen H. Kreisberg
President & Public Director
On filings since 2020
0.2 hrs/week
No compensation reported
Betsy L. Krieger
Secretary, Donor Director & Member
Secretary & Donor Director → Secretary, Donor Director & Member, 2024
On filings since 2020
0.2 hrs/week
No compensation reported
Brent Flickinger
Public Director
On filings since 2020
0.2 hrs/week
No compensation reported
David A. Kandel
Donor Director & Member
Donor Director → Donor Director & Member, 2024
On filings since 2020
0.2 hrs/week
No compensation reported
Howard B. Miller
Public Director
On filings since 2020
0.2 hrs/week
No compensation reported
Jean K. Kahn
Vice President & Donor Director
On filings since 2020
0.2 hrs/week
No compensation reported
Marc A. Kahn
Donor Director
On filings since 2020
0.2 hrs/week
No compensation reported
Marc B. Terrill
Treasurer & Public Director
On filings since 2020
0.2 hrs/week
No compensation reported
Mary Jo Kirschman
Public Director
On filings since 2020
0.2 hrs/week
No compensation reported
Andrew Cushnir
Treasurer & Public Director
New on the 2024 filing
0.2 hrs/week
No compensation reported
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.
Frequently asked questions about The Fund for Change Inc
How much does The Fund for Change Inc give each year?
The Fund for Change Inc gave $868K across 37 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $906K across 36 grants.
What is The Fund for Change Inc's typical grant size?
The Fund for Change Inc's median grant in 2024 was $24,500, and its average grant was $23,453, across 37 grants on its 2024 IRS Form 990. Organizations receiving their first grant from The Fund for Change Inc that year got $20K on average.
Where does The Fund for Change Inc give grants?
The Fund for Change Inc gives mostly in Maryland: 90% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The next largest state was District of Columbia (7%). The most frequent recipient cities were Baltimore, MD (27 grants), Washington, DC (3 grants) and Towson, MD (2 grants).
Does The Fund for Change Inc give general operating support?
Yes: 100% of The Fund for Change Inc's 2024 grants with a stated purpose (37 of 37) were for general or operating support, per its 2024 IRS Form 990.
Who are The Fund for Change Inc's largest grantees?
The Fund for Change Inc's largest 2024 grantees include Community Law Center ($50,000), Fusion Partnerships Inc ($50,000) and United Workers Association ($50,000), according to its 2024 IRS Form 990. Together they received 17% of its itemized 2024 grant dollars.
How large is The Fund for Change Inc?
The Fund for Change Inc reported $124K in total assets on its 2024 IRS Form 990. Its revenue that year was $945K.
What does The Fund for Change Inc fund?
The organization says it was created to assist groups working in or with low- and moderate-income communities to redress inequities and build a democratic, egalitarian, and participatory society. See mission & focus areas ↑
How do I apply for a grant from The Fund for Change Inc?
The Fund for Change Inc has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.
What is The Fund for Change Inc's EIN?
The Fund for Change Inc's EIN (Employer Identification Number) is 31-1662222. 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
- Updated Form 990 for fiscal year 2020 (received by the IRS October 21, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 13, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 4, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 7, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 6, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work The Fund for Change Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in The Fund for Change Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). The Fund for Change Inc funder profile. GrantGraph. Retrieved October 21, 2026, from https://grantable.co/funders/the-fund-for-change-inc-morg_ec224764444d45b6953ddc895901cb1c
BibTeX
@misc{grantable_311662222_2026,
author = {{Grantable}},
title = {{The Fund for Change Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-fund-for-change-inc-morg_ec224764444d45b6953ddc895901cb1c},
note = {Accessed 2026-10-21. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Fund for Change Inc'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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