True Costs Initiative Inc
TRUE COSTS INITIATIVE (TCI) SEEKS TO INCREASE CORPORATE ACCOUNTABILITY AND TO STRENGTHEN LEGAL SYSTEMS IN THE GLOBAL SOUTH BY DRIVING COLLABORATION AMONG COMMUNITIES, FUNDERS, AND CREATIVE LEADERS IN AN EFFORT TO TIP THE BALANCE SO CORPORATIONS ARE HELD ACCOUNTABLE FOR AND INTERNALIZE THE TRUE ENVIRONMENTAL AND HUMAN COSTS OF THEIR ACTIONS.
Key facts about True Costs Initiative Inc
- EIN
- 81-3796649
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $6,300
- Grants made (2025)
- 1
- Average grant
- $6,300
- Median grant
- $6,300
- Total assets
- $331,079
- Primary geography
- Massachusetts (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
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Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$331K
+6.8% YoY
Annual Giving
$6K
Grant Count
1
Avg Grant Size
$6K
About True Costs Initiative Inc
Based on IRS filings
True Costs Initiative Inc is a nonprofit organization focused on International, Foreign Affairs & National Security, based in Brookline, MA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $331K in total assets. In 2025, it awarded 1 grant totaling $6K.
Ready to take the next step with True Costs Initiative Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2025 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $331,079 | $309,972 | $212,147 |
| Revenue | $1,271,000 | $1,228,000 | $1,135,000 |
| Expenses | $1,253,879 | $1,129,314 | $1,071,401 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2025 (received by the IRS June 11, 2026)
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2025
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest recipients include Network of Engaged International Donors Global Inc ($6,300).
| Recipient | Purpose | Amount |
|---|---|---|
| NETWORK OF ENGAGED INTERNATIONAL DONORS GLOBAL INC Watertown, MA | GENERAL OPERATING SUPPORT AND COMMUNITY CONSERVATION IN THE GLOBAL SOUTH | $6,300 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Conniel Malek | Executive Director | 50 | $304,912 |
| Hashim Bello | Board Chair/Director | 0.5 | — |
| Mihir Munshi | Secretary/Director | 0.5 | — |
| Shushanna Mignott | Treasurer/Director | 0.5 | — |
| Peggy Chu | Director of Operations | 40 | $145,695 |
| Nittaya Saenbut | Program Director | 40 | $128,633 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is True Costs Initiative Inc?
True Costs Initiative Inc is a nonprofit organization focused on International, Foreign Affairs & National Security, based in Brookline, MA. It holds $331K in total assets as of 2025.
How large is True Costs Initiative Inc?
As of 2025, True Costs Initiative Inc holds $331K in total assets with $1.3M in annual revenue. It awarded 1 grant totaling $6K in 2025.
Where does True Costs Initiative Inc operate?
True Costs Initiative Inc has awarded grants in Massachusetts.
What size grants does True Costs Initiative Inc award?
In 2025, True Costs Initiative Inc awarded 1 grant totaling $6K — an average of about $6K per grant, based on its IRS Form 990 filings.
What is True Costs Initiative Inc's EIN?
True Costs Initiative Inc's EIN (Employer Identification Number) is 81-3796649. IRS Form 990 filing data is available on this page for 2020–2025.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.