Overview

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Est.

2000

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Phoenix Pact Fund is a nonprofit organization dedicated to granting scholarships to individuals in financial need. With an operating budget of $2.2 million and total revenue of $599,000 for the 2024 filing year, the organization is focused on providing essential financial support to help individuals pursue their educational goals. It does not rely on a single funder for 50% or more of its revenue, indicating a diverse funding base.

Mission Statement

TO GRANT SCHOLARSHIPS TO INDIVIDUALS IN FINANCIAL NEED.
Revenues
$599K
Expenses
$2.2M
Net Income:
-$1.6M
Assets
$17.5M
Liabilities
$3.1M
Net Assets:
+$14.4M
Operating Budget
$2.2M
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
3
Median grant size
$9K
Largest grant received
$70.3K
C
Christopher Kelly
Board Member
J
Jennifer Steans
Board Member
D
David Peterson
Board Member

Frequently Asked Questions

What is The Phoenix Pact Fund’s budget?
In 2024, The Phoenix Pact Fund reported an annual operating budget of around $2.2 million. More detailed financial information is available to registered users.
What causes does The Phoenix Pact Fund support?
The Phoenix Pact Fund supports work in Scholarships & Financial Aid.
Where does The Phoenix Pact Fund operate?
The Phoenix Pact Fund is headquartered in Chicago, IL.
Who funded The Phoenix Pact Fund recently?
In 2024, The Phoenix Pact Fund received grants from AMERICAN ENDOWMENT FOUNDATION, FIDELITY INVESTMENTS CHARITABLE GIFT FUND, and Polk Bros Foundation Inc. More information on this organization’s funders is available to registered users.
What is the largest grant The Phoenix Pact Fund received in 2024?
The largest grant to The Phoenix Pact Fund in 2024 exceeds $70 thousand.