World Impact Foundation

Private foundation · Grantmaker Malibu, CA EIN: 45-3265116

World Impact Foundation is a private foundation, based in Malibu, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.7M in total assets. In 2024, it awarded 3 grants totaling $141K. Net investment income was $25K.

Key facts about World Impact Foundation

In short: World Impact Foundation gave $141K across 3 grants in 2024 (avg $47K), mostly in District of Columbia. Source: 2024 IRS Form 990-PF.

EIN
45-3265116
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$140,793
Grants made (2024)
3
Average grant
$46,931
Median grant
$15,000
Total assets
$2,680,236
Primary geography
District of Columbia (82% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated October 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.7M

-1.6% YoY

Annual Giving

$141K

+7.6% YoY

Grant Count

3

+50.0% YoY

Avg Grant Size

$47K

-28.2% YoY

Under IRS private-foundation payout rules, World Impact Foundation reported a distributable amount of $159K for 2024 — the minimum it must pay out in qualifying distributions.

How World Impact Foundation gives

  • Giving held roughly steady from 2021 to 2024 (−6%). Method
  • In 2024 it paid out 89% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2024 grant dollars across all 3 itemized grants.

Cities

WashingtonVenturaNorth Hollywood

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K2 grants2020 3 grants2021 3 grants2022 2 grants2023 3 grants2024

From 2020 to 2024, annual grant giving ranged from $131K (2023) to $232K (2020). In 2024 it made 3 grants totaling $141K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Save the Children Foundation: $116KSave the Children Foundation$116KCounty of Ventura Human Services Ag: $15KCounty of Ventura HumanServices Ag$15KFood Forward: $10KFood Forward$10K

The largest 2024 recipient was Save the Children Foundation ($116K). Together the top 3 received $141K.

Grant Size Distribution

13 grants across all recorded years

7<$50K1$50–100K5$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 7 grants of 13 (54%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Save the Children Foundation Washington, DCDonation to fight poverty and promote health and education$115,793
County of Ventura Human Services Ag Ventura, CADonation to support family amd youth in Ventura county California$15,000
Food Forward North Hollywood, CADonation to support the recovery and distribution of fruits and vegetables to people experiencing food insecurity$10,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K$800K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$2,680,236$2,724,116$2,816,264
Revenue$-100,593$137,576$-60,092
Expenses$213,992$193,533$287,103
Qualifying Distributions$140,793$130,793$567,846
Net Investment Income$24,663$74,836$44,495
Distributable Amount$158,830$143,157$145,745

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS October 8, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 9, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 14, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 11, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 11, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

World Impact Foundation is led by Sara Ashby, CEO on every filing since 2020; 1 of 3 officers listed in 2024 is compensated.

Officers on the 2024 filing

  • Sara Ashby

    CEO

    On filings since 2020

    40 hrs/week

    $58K (2020) → $63K (2024)

  • Adnan Merchant

    CFO

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jaffar H. Agha

    Secretary

    On filings since 2020

    1 hr/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.

Compensation Overview

From 2024 IRS filing

Sara Ashby — CEO: $63KSara AshbyCEO$63K

The highest reported compensation on the 2024 filing was $63K, to Sara Ashby (CEO).

Frequently asked questions about World Impact Foundation

How much does World Impact Foundation give each year?

World Impact Foundation gave $141K across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $131K across 2 grants.

What is World Impact Foundation's typical grant size?

World Impact Foundation's median grant in 2024 was $15,000, and its average grant was $46,931, across 3 grants on its 2024 IRS Form 990-PF.

Where does World Impact Foundation give grants?

World Impact Foundation gives mostly in District of Columbia: 82% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was California (18%).

Does World Impact Foundation give general operating support?

Not in 2024: none of the 3 grants with a stated purpose on World Impact Foundation's 2024 IRS Form 990-PF were described as general or operating support.

How large is World Impact Foundation?

World Impact Foundation reported $2.7M in total assets on its 2024 IRS Form 990-PF. It paid out $141K in qualifying distributions that year, against a required minimum of $159K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is World Impact Foundation's EIN?

World Impact Foundation's EIN (Employer Identification Number) is 45-3265116. IRS Form 990 filing data is available on this page for 2020–2024.

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

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