First Book

WASHINGTON, DC EIN: 52-1779606 Website

FOUNDED IN 1992, FIRST BOOK IS A NONPROFIT SOCIAL ENTERPRISE BUILDING A WORLD WHERE ALL CHILDREN HAVE ACCESS TO A QUALITY EDUCATION. WE ARE ON A MISSION TO ENSURE THAT ALL CHILDREN, REGARDLESS OF THEIR BACKGROUND OR ZIP CODE, CAN SUCCEED BY REMOVING BARRIERS TO EQUITABLE EDUCATION BECAUSE EDUCATION TRANSFORMS LIVES.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$36.0M

+0.9% YoY

Annual Giving

$5.6M

Grant Count

2

Avg Grant Size

$2.8M

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$37M$74M$111M$147M20202021202220232024
Metric202420232022
Total Assets$35,985,039$35,649,333$38,860,607
Revenue$92,324,711$85,122,503$104,666,814
Expenses$93,812,596$88,386,667$120,387,234
Qualifying Distributions
Net Investment Income$218,358$172,832$39,654
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$3M$4M$6M1 grants20201 grants202118 grants20220 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Ashoka$2.8MTeach for All$2.8M

Grant Size Distribution

22 grants across all recorded years

20<$50K$50–100K$100–250K$250–500K$500K–1M2$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does First Book fund?

Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

DANIEL STOKESCHIEF ADMINISTRATIVE OFFICER$227KWENDY LINChief Financial Officer$215KKYLE ZIMMERPRESIDENT AND CEO$215KDANA BONDExecutive Vice President, St…$215KCHRISTOPHER STINESenior Vice President, IT$212KELIZABETH HERLINGVice President, Marketing an…$162KLYNNETTE APPLINGVice President, Human Resour…$150KENRIQUE PINILLACHIEF OPERATING OFFICER$134KSTACI HARRISSenior Director, Marketing a…$130KSarah SugarmanSenior Vice President, Netwo…$126KLORI PRINCEVICE PRESIDENT, ECOMMERCE$123KEtienne VeberChief Operating Officer$49K

From 2024 filing

NameTitleHoursCompensation
KYLE ZIMMERPRESIDENT AND CEO35$214,863
ARTIE STARRSDIRECTOR1
CARLA THOMPSON PAYTONDIRECTOR1
CHRISTOPHER CERFDIRECTOR1
DR MARTHA BERNADETTDIRECTOR1
KAREN KEHELA SHERWOODDIRECTOR1
KATHY FRANKLINDIRECTOR1
LIBBY DOGGETTDIRECTOR1
LIDIA SOTO-HARMONDIRECTOR1
MANISH MADHAVANIDIRECTOR1
DANIEL STOKESCHIEF ADMINISTRATIVE OFFICER35$226,653
ENRIQUE PINILLACHIEF OPERATING OFFICER35$133,593
Etienne VeberChief Operating Officer35$48,703
WENDY LINChief Financial Officer35$215,436
CHRISTOPHER STINESenior Vice President, IT35$212,125
DANA BONDExecutive Vice President, Strategic Alliances35$214,707
ELIZABETH HERLINGVice President, Marketing and Communications35$161,848
LORI PRINCEVICE PRESIDENT, ECOMMERCE35$122,695
LYNNETTE APPLINGVice President, Human Resources35$150,060
Sarah SugarmanSenior Vice President, Network Engagement35$126,148
STACI HARRISSenior Director, Marketing and Communication35$130,101

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

11states
+3 more states

Cities

ArlingtonBostonCanyonDurhamMilpitasNew YorkPhoenixProvidenceSan DiegoSan FranciscoSilver SpringSt LouisWashiingtonWashington

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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