PEOPLEFUND
AI Summary
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PEOPLEFUND is a nonprofit organization dedicated to creating economic opportunity and financial stability for underserved individuals and communities. With an operating budget of $10.7 million and total revenue of $11.2 million for the 2023 filing year, it focuses on entrepreneurship and community improvement initiatives. The organization does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission. For more information, visit www.peoplefund.org.
Mission Statement
CREATING ECONOMIC OPPORTUNITY AND FINANCIAL STABILITY FOR UNDERSERVED PEOPLE AND COMMUNITIES.
Cause Areas
2
Community improvement
Entrepreneurship
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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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Frequently Asked Questions
What is PEOPLEFUND’s budget?
In 2023, PEOPLEFUND reported an annual operating budget of around $10.7 million. More detailed financial information is available to registered users.
What causes does PEOPLEFUND support?
PEOPLEFUND supports work in Community improvement and Entrepreneurship.
Where does PEOPLEFUND operate?
PEOPLEFUND is headquartered in Austin, TX.
Who funded PEOPLEFUND recently?
In 2024, PEOPLEFUND received grants from GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC, LOCAL INITIATIVES SUPPORT CORPORATION, and AUSTIN COMMUNITY FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant PEOPLEFUND received in 2024?
The largest grant to PEOPLEFUND in 2024 exceeds $12 million.
What is PEOPLEFUND’s reliance on government grants?
PEOPLEFUND relied on government grants for more than 5% of their total revenue in 2023.