ImpactAssets

Legal name: Impactassetsinc

Nonprofit profile at a glance

EIN
262048480
IRS 990 coverage
2010–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024, Form 990-T 2024, Form 990-N 2021
Location
Bethesda, MD, US
Phone
855-482-2946
Rating
77
Verdict
SUPPORTED
Rating confidence
Standard
Sector
Federated Giving Programs

Official website

Reported finances

Revenue
$680,266,004
Expenses
$627,276,057
Assets
$3,002,686,264
Liabilities
$43,028,154

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • MARGRET TRILLI (CEO & CIO)

Highest reported compensation

  • MARGRET TRILLI (CEO & CIO): $502,035 total reported compensation
  • ALICE LOWENSTEIN (CHIEF OPERATING OFFICER): $451,510 total reported compensation
  • TIMOTHY FREUNDLICH (FOUNDER, ED, STRATEGIC PARTNER): $398,086 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To be the preeminent partner for impact investing and charitable giving—helping us all achieve our greatest impact.

What it reported doing in 2024

Impactassets facilitates funding to entities, groups or projects that create positive impact by providing donors and investors with products, services, and advice, including but not limited to philanthropic giving, impact investing, education, and programming. Impactassets donor advised fund is a way for donors to maximize their impact through both grants and investments. The impactassets investment platform and client recommended investment service offer a wide range of investment opportunities spanning impact themes and investment vehicles, and are uniquely available to impactassets donor advised fund clients.

Operating model

Revenue model
Donor-supported. 88% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 98% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and the filing reports few safeguards for money sent abroad.

Rating breakdown

  • Financial Efficiency: 92
  • Transparency & Controls: 72
  • Accountability: 47
  • Sustainability: 77
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 90.3%; rating input score 90
  • Program expense ratio: 96.6%; rating input score 97
  • Fundraising efficiency: $257.63 raised per $1 spent on fundraising; rating input score 91; 91st percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.3%; rating input score 93; 21st percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: 1 of 8 controls in place; rating input score 12
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Fail
    • Conducts field audits: Fail
    • May suspend future funding: Fail
    • Requires financial reports: Fail
    • Conducts site visits: Fail
    • Requires grant agreements: Fail
    • May require repayment: Fail
  • Grant itemization coverage: 98.7%; rating input score 99; 36th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 16.7%; rating input score 17; 9th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 7.8%; rating input score 66; 66th percentile among comparable filings
  • Total-asset coverage ratio: 4.79; rating input score 85; 85th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 94; 94th percentile among comparable filings
  • Officer compensation ratio: 0.4%; rating input score 86; 86th percentile among comparable filings

Growth

  • Program expense growth: 26.9% per year; rating input score 100; 95th percentile among comparable filings
  • Revenue growth: 19.8% per year; rating input score 100; 94th percentile among comparable filings
  • Asset growth: 23.8% per year; rating input score 100; 95th percentile among comparable filings

Details

  • What they do: 3 programs and campaigns described on the official site
  • Where the money goes: 90.3% of revenue deployed · 96.6% of spending went to programs
  • Governance: 1 of 6 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $606M in reported program spending
  • Leadership: top reported pay $502K · 13 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $1.3M reported
  • Consistency: 36 of 38 current checks pass · 2 findings to review
  • Schedules: 9 filed schedules · includes major donors, foreign activity, grants, and executive pay
  • Filing history: 13 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 2746 filed money-flow records
  • Related organizations: 2751 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Accountability: Independent voting board scored 17/100.
  • High — Transparency & Controls: Foreign activity oversight: 7 of 8 not reported.
  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Review — Transparency & Controls: Foreign grant itemization did not reconcile in the filed values.