Arrow Impact is a private foundation based in Menlo Park, California, established in 2019. The organization operates as a 501(c)(3) entity focused on supporting initiatives that create pathways to economic prosperity and well-being for under-resourced communities in the United States.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$68.2M
+12.9% YoY
Annual Giving
$11.0M
+156.5% YoY
Grant Count
25
+177.8% YoY
Avg Grant Size
$441K
-7.7% YoY
Under IRS private-foundation payout rules, Arrow Impact reported a distributable amount of $2.9M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
Arrow Impact envisions a society where everyone has opportunities to thrive. The foundation supports initiatives that create pathways to economic prosperity and well-being for communities that have been under-resourced in the U.S. by investing in organizations with high potential for achieving systemic impact. The foundation also supports efforts to promote a more equitable and efficient philanthropic ecosystem.
Primary funding focus areas include:
- Education
- Workforce development
- Community development
- Housing innovation
- Early childhood development
- Philanthropy and grantmaking
Grantmaking
Grant Range
s and Activity:**
Average Grant
amount: $478,000
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Geographic Focus
Where this funder awards grants
Arrow Impact primarily funds organizations in:
- California
- New York
- Illinois
Recent grant distribution shows activity in Los Angeles, New York, Chicago, New Orleans, Kansas City, Bronx, and Richmond.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Most Recent Filing (2024):
- Total assets: $68,180,733
- Total giving: $11,027,500
As of 2023 Filing:
- Total assets: $60,392,425
- Total revenues: $8,777,238
- Total expenses: $2,252,179
- Number of grants made: 31
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $68,180,733 | $60,392,425 | $52,170,826 |
| Revenue | $16,427,753 | $8,777,238 | $9,029,500 |
| Expenses | $9,294,582 | $2,252,179 | $4,522,439 |
| Qualifying Distributions | $11,588,432 | $4,690,366 | $6,974,848 |
| Net Investment Income | $2,181,136 | $1,526,541 | $503,319 |
| Distributable Amount | $2,876,474 | $2,534,406 | $2,707,826 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
86 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Per Scholas ($2,500,000), New Profit Inc ($1,000,000), Newschools Venture Fund ($750,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALL OUR KIN NEW HAVEN, CT | GENERAL OPERATING SUPPORT | $327,500 |
| BASTA NEW YORK, NY | GENERAL OPERATING SUPPORT | $100,000 |
| BRAVEN CHICAGO, IL | GENERAL OPERATING SUPPORT | $400,000 |
| ECHOING GREEN NEW YORK, NY | GENERAL OPERATING SUPPORT | $500,000 |
| LENA BOULDER, CO | GENERAL OPERATING SUPPORT | $300,000 |
| NEW PROFIT INC BOSTON, MA | GENERAL OPERATING SUPPORT | $1,000,000 |
| PER SCHOLAS BRONX, NY | GENERAL OPERATING SUPPORT | $2,500,000 |
| ROCKEFELLER PHILANTHROPY ADVISORS PALO ALTO, CA | GENERAL OPERATING SUPPORT TO PROMISE VENTURE STUDIO | $250,000 |
| RIVET SCHOOL RICHMOND, CA | GENERAL OPERATING SUPPORT | $300,000 |
| SAN FRANCISCO FOUNDATION SAN FRANCISCO, CA | GENERAL OPERATING SUPPORT | $500,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Charlie Wolfson – Executive Director
- Jorge Blandon – Senior Director
- Nora Jendoubi – Director
The foundation has 2 employees on staff.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHARLES M WOLFSON | EXECUTIVE DIRECTOR | 40 | — |
| MARK A WOLFSON | PRESIDENT | 15 | — |
| B HOWARD PEARSON | VICE PRESIDENT | 2 | — |
Recent News & Activity
Recent developments and announcements
Carnegie Learning's High-Impact Tutoring Services was selected as a 2025 Accelerate Evidence for Impact grantee, indicating continued foundation support for evidence-based educational interventions.
Carnegie Learning's High-Impact Tutoring Services Selected as a ...Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Arrow Impact fund?
Arrow Impact envisions a society where everyone has opportunities to thrive. The foundation supports initiatives that create pathways to economic prosperity and well-being for communities that have been under-resourced in the U.S. by investing in organizations with high potential for achieving systemic impact. The foundation also supports efforts to promote a more equitable and efficient philanthropic ecosystem. Primary funding focus areas include: • Education • Workforce development • Communit…
How do I apply for a grant from Arrow Impact?
**Grant Sizes and Activity:** • Total giving in 2024: $11,027,500 • Total giving in 2023: $4,300,000 across 9 grants • Typical award range: $10,000–$2,500,000 • Average grant amount: $478,000 • Median grant amount data available but not specified in sources **Recent Grantees Include:** • Per Scholas (General Operating Support, $2,500,000 in 2023) • Educators for Excellence (General Operating Support, $300,000 in 2023) • One Million Degrees (General Operating Support, $300,000 in 2023) • Acceler…
Where does Arrow Impact make grants?
Arrow Impact primarily funds organizations in: • California • New York • Illinois Recent grant distribution shows activity in Los Angeles, New York, Chicago, New Orleans, Kansas City, Bronx, and Richmond.
What size grants does Arrow Impact award?
In 2024, Arrow Impact awarded 25 grants totaling $11.0M — an average of about $441K per grant, based on its IRS Form 990 filings.
How much is Arrow Impact required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Arrow Impact reported a distributable amount of $2.9M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Arrow Impact's EIN?
Arrow Impact's EIN (Employer Identification Number) is 83-1423625. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Arrow Impact's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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