Overview

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Est.

2011

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Social Finance Inc is a national impact finance and advisory nonprofit focused on education and human services. With an operating budget of $34.6 million and total revenue of $79.1 million for the filing year 2024, the organization collaborates with public, private, and social sectors to develop innovative solutions. Notably, it receives significant funding from major supporters, including FIDELITY INVESTMENTS CHARITABLE GIFT FUND, NATIONAL PHILANTHROPIC TRUST, and BILL & MELINDA GATES FOUNDATION, but does not rely on any single funder for over 50% of its revenue.

Mission Statement

SOCIAL FINANCE IS A NATIONAL IMPACT FINANCE AND ADVISORY NONPROFIT. WE WORK WITH PUBLIC, PRIVATE, AND SOCIAL SECTORS TO BUILD INNOVATIVE (CONTINUED ON SCHEDULE O.)
Revenues
$79.1M
Expenses
$36.4M
Net Income:
+$42.7M
Assets
$194.3M
Liabilities
$21.7M
Net Assets:
+$172.6M
Operating Budget
$34.6M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
25
Median grant size
$285K
Largest grant received
$8M
T
Tracy Palandjian
Board Member
L
Laurene Sperling
Board Member
A
Alexa Rachlin
Board Member

Frequently Asked Questions

What is Social Finance Inc’s budget?
In 2024, Social Finance Inc reported an annual operating budget of around $34.6 million. More detailed financial information is available to registered users.
What causes does Social Finance Inc support?
Social Finance Inc supports work in Education and Human services.
Where does Social Finance Inc operate?
Social Finance Inc is headquartered in Boston, MA.
Who funded Social Finance Inc recently?
In 2025, Social Finance Inc received grants from Boston Foundation, Inc, Boston Foundation, Inc, and SUNY IMPACT FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant Social Finance Inc received in 2024?
The largest grant to Social Finance Inc in 2024 exceeds $8 million.
What is Social Finance Inc’s reliance on government grants?
Social Finance Inc relied on government grants for more than 10% of their total revenue in 2024.