Workmoney Foundation Inc

MILWAUKEE, WI EIN: 88-1168529

WORKMONEY FOUNDATION, INC. (WMF) WAS CREATED TO HELP EVERYDAY AMERICANS AFFORD A GOOD LIFE BY HELPING AMERICANS ACT IN THEIR FINANCIAL SELF-INTEREST THROUGH PUBLIC EDUCATION. THE GOAL OF THE ORGANIZATION IS TO HELP EVERYONE IN AMERICA BE ABLE TO AFFORD TO LIVE A GOOD LIFE AND TO HAVE THEIR WORK REWARDED WITH ECONOMIC SECURITY. IN ORDER TO FURTHER THIS GOAL, WMF WILL CONDUCT NATIONAL PUBLIC EDUCATION CAMPAIGNS TO PROVIDE CRITICAL, TIMELY INFORMATION ABOUT ENACTED LEGISLATION AND FINANCIAL MATTERS (INCLUDING HELPING EVERYDAY AMERICANS ACCESS AND NAVIGATE COMPLICATED GOVERNMENT PROGRAMS LIKE UNEMPLOYMENT INSURANCE AND THE CHILD TAX CREDIT), CONDUCT SCIENTIFIC RESEARCH, AND EDUCATE THE PUBLIC ABOUT POLICY ISSUES THAT AFFECT THEIR FINANCES.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$12.7M

+39.9% YoY

Annual Giving

$69.6M

+529.5% YoY

Grant Count

11

+1000.0% YoY

Avg Grant Size

$6.3M

-42.8% YoY

About Workmoney Foundation Inc

Based on IRS filings

Workmoney Foundation Inc is a nonprofit organization focused on Human Services, based in MILWAUKEE, WI. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $12.7M in total assets. In 2024, it awarded 11 grants totaling $69.6M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

ConcordLos AngelesMilwaukeePhiladelphiaWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20M$40M$61M$81M202220232024
Metric202420232022
Total Assets$12,699,940$9,081,081$3,420,000
Revenue$73,465,010$17,258,004$3,420,000
Expenses$70,919,927$11,834,905$1,565
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$17M$35M$52M$70M0 grants20221 grants202311 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

WORKMONEY INC$63.4MNORTH MAIN STREET FUND$3.0MDEFENDING DEMOCRACY TOGE…$1.0MVOTING RIGHTS LAB$850KBLACK PROGRESSIVE ACTION…$400KPUSHBLACK$350KPARENTSTOGETHER FOUNDATION$250KCULTURE CHANGING CHRISTI…$100KROCK THE VOTE$100KSPREAD THE VOTE$100K

Grant Size Distribution

12 grants across all recorded years

1<$50K$50–100K3$100–250K3$250–500K1$500K–1M2$1–5M2$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Workmoney Inc ($63,390,000), North Main Street Fund ($3,000,000), Defending Democracy Together Institute ($1,000,000).

RecipientPurposeAmount
ALL AMERICANS VOTE WASHINGTON, DCGENERAL SUPPORT$25,000
BLACK PROGRESSIVE ACTION COALITION EDUCATION FUND WASHINGTON, DCGENERAL SUPPORT$400,000
CULTURE CHANGING CHRISTIANS PHILADELPHIA, PAGENERAL SUPPORT$100,000
DEFENDING DEMOCRACY TOGETHER INSTITUTE WASHINGTON, DCGENERAL SUPPORT$1,000,000
NORTH MAIN STREET FUND CONCORD, NHGENERAL SUPPORT$3,000,000
PARENTSTOGETHER FOUNDATION WASHINGTON, DCGENERAL SUPPORT$250,000
PUSHBLACK WASHINGTON, DCGENERAL SUPPORT$350,000
ROCK THE VOTE WASHINGTON, DCGENERAL SUPPORT$100,000
SPREAD THE VOTE LOS ANGELES, CAGENERAL SUPPORT$100,000
VOTING RIGHTS LAB WASHINGTON, DCGENERAL SUPPORT$850,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

EVAN KOSTCHIEF PARTNERSHIP OFFICER$156KCARRIE JOY GRIMESPRESIDENT & CHIEF EXECUTIVE …$104K

From 2024 filing

NameTitleHoursCompensation
CARRIE JOY GRIMESPRESIDENT & CHIEF EXECUTIVE OFFICER16$103,791
CHRISTINA DES VAUXTREASURER1
LYNN ANDERSON CLARKSECRETARY1
EVAN KOSTCHIEF PARTNERSHIP OFFICER24$156,417

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Workmoney Foundation Inc?

Workmoney Foundation Inc is a nonprofit organization focused on Human Services, based in MILWAUKEE, WI. It holds $12.7M in total assets as of 2024.

How large is Workmoney Foundation Inc?

As of 2024, Workmoney Foundation Inc holds $12.7M in total assets with $73.5M in annual revenue. It awarded 11 grants totaling $69.6M in 2024.

Where does Workmoney Foundation Inc operate?

Workmoney Foundation Inc has awarded grants in California, District of Columbia, Michigan, New Hampshire, Pennsylvania.

What size grants does Workmoney Foundation Inc award?

In 2024, Workmoney Foundation Inc awarded 11 grants totaling $69.6M — an average of about $6.3M per grant, based on its IRS Form 990 filings.

What is Workmoney Foundation Inc's EIN?

Workmoney Foundation Inc's EIN (Employer Identification Number) is 88-1168529. IRS Form 990 filing data is available on this page for 2022–2024.

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Related Funders

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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