IRS 990 Nonprofit Profile
Impact Shares Corp
The platform's mandate is to partner with leading non-profits to build low-cost equity solutions that are designed to promote collaboration between the investing public, corporate america and non-profits. these solutions are anticipated to be offered in low cost exchange-traded funds (etfs) built around corporate responsibility criteria designed by non-profits with deep social sector expertise and public brand awareness. impact shares successfully build three products intended to build a new channel for retail and institutional investors to use their capital to engage with social causes while earning an equity market return. the grant supported the financial and legal development of three initial funds (the impact shares naacp minority empowerment fund, the impact shares ywca women's empowerment fund and the impact shares sdg global equity etf in collaboration with the united nations capital development fund) and create engagement between the investing public, the private/nonprofits.
- Filing year
- 2019
- Total revenue
- $408K
- Total expenses
- $542K
- Program expenses
- $542K
- Administration
- $0
- Fundraising
- $0
- Program share of expenses
- 100%
- EIN
- 471726660
- Location
- Frisco, TX
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Financial data on this page is sourced from IRS Form 990 filings.