NEW ROOTS FUND
AI Summary
The New Roots Fund is a nonprofit organization focused on international development, dedicated to helping refugees, asylees, and low-income individuals achieve economic self-sufficiency through business capital and technical assistance. Established in 2011 and associated with the Diocese of Olympia, the organization operates with an operating budget of $582.2K and total revenue of $610.5K, relying on significant support from funders such as Rockefeller Philanthropy Advisors Inc and THE SHAPIRO FOUNDATION. The Fund does not rely on a single funder for 50% or more of its revenue.
Mission Statement
The New Roots Fund helps refugees, asylees, and low-income individuals achieve economic self-sufficiency. The Fund accomplishes this by providing business capital and technical assistance. Formed in 2011 and associated with the Diocese of Olympia, NRF is an independent 501(c)3.
Cause Areas
1
International development
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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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Funder
Total Funding
Funding Share
THE SHAPIRO FOUNDATION
Needham, MA, US
$50K
< 1%
Rockefeller Philanthropy Advisors Inc
NEW YORK, NY, US
$50K
< 1%
Frequently Asked Questions
What is NEW ROOTS FUND’s budget?
In 2024, NEW ROOTS FUND reported an annual operating budget of around $582 thousand. More detailed financial information is available to registered users.
What causes does NEW ROOTS FUND support?
NEW ROOTS FUND supports work in International development.
Where does NEW ROOTS FUND operate?
NEW ROOTS FUND is headquartered in Seattle, WA.
Who funded NEW ROOTS FUND recently?
In 2022, NEW ROOTS FUND received grants from Rockefeller Philanthropy Advisors Inc and THE SHAPIRO FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant NEW ROOTS FUND received in 2022?
The largest grant to NEW ROOTS FUND in 2022 exceeds $50 thousand.
What is NEW ROOTS FUND’s reliance on government grants?
NEW ROOTS FUND relied on government grants for more than 85% of their total revenue in 2024.