Charityvest Inc
100% goes to programs $0 to raise $100 Strong reserves Growing revenue
Charityvest Inc is a 501(c)(3) organization based in Fairfield, Connecticut, registered in 2016, with $113,380,722 in FY2024 revenue. CharityIndex grades it A+, and it directs about 100% of spending to programs.
55 Walls Dr Ste 302, Fairfield, CT, 06824 EIN 81-2771871 Since 2016
Revenue (FY2024)
$113.4M
▲ 159.9% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$52.6M
Net assets
$103.2M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating100% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Charityvest Inc: 100% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating24 mo reserves · +54% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Charityvest Inc: 24 mo reserves · +54% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Charityvest Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Charityvest Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
To catalyze generosity by making giving simple for every donor through a premier donor-advised fund program.
What they do
Provide education and disseminate decision-relevant information to donors via the online platform and more broadly, including plans to facilitate the gathering, synthesizing, and communication of information relevant to donor decision-making. the organization will promote the benefits of charitable giving and the benefits of improve charitable resource deployment through blog posts, social media engagements, and public events.
Contact & location
- Address
- 55 Walls Dr Ste 302, Fairfield, CT, 06824
- City
- Fairfield
- State
- Connecticut
- Subcategory
- Private Foundations
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $1.0M (FY2019) to $113.4M (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $201KNet assets $103.2M
Operating margin
53.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$103.4M
Total liabilities
$201K
Net assets
$103.2M
Salaries & benefits
$0
0% of expenses
Board members
5
5 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $113,380,722▲160% | $52,603,302▲62.9% | $103,172,624▲157% | $103,373,166▲158% | 990 |
| 2023 | $43,631,271▲32.4% | $32,292,862▲61.0% | $40,076,823▲39.4% | $40,124,566▲39.6% | 990 |
| 2022 | $32,960,498▲28.5% | $20,062,431▲48.8% | $28,742,118▲84.3% | $28,749,604▲84.3% | 990 |
| 2021 | $25,642,589▲217% | $13,478,396▲140% | $15,598,006▲363% | $15,601,912▲171% | 990 |
| 2020 | $8,099,478▲690% | $5,617,476▲3546% | $3,368,449▲280% | $5,764,146▲457% | 990 |
| 2019 | $1,024,888 | $154,068 | $886,447 | $1,035,214 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Heather Grizzle | Director | 1 | — |
| Nate Wong | Director | 1 | — |
| Paul Glyer | Chariman | 1 | — |
| Paurvi Bhatt | Director | 1 | — |
| Stephen Kump | President | 40 | — |
Grants received · $16.3M total
64 grants to Charityvest Inc totaling $16.3M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Christian Charitable Foundation | Giving and generosity | 2024 | $3,066,658 |
| Servant Foundation | Community development | 2024 | $472,541 |
| Dechomai Foundation Inc | Unrestricted | 2024 | $460,618 |
| American Online Giving Foundation Inc | General support | 2024 | $454,994 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2024 | $321,993 |
| The Rotary Foundation of Rotary International | Econ. and community develop.-humanitarian-daf | 2024 | $247,537 |
| Christian Community Foundation Inc | General support | 2024 | $169,313 |
| Paypal Charitable Giving Fund | General support | 2024 | $146,083 |
| Signatry Charitable Trust | Community development | 2024 | $34,942 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $30,382 |
| American Endowment Foundation | Philanthropy | 2024 | $28,836 |
| Daffy Charitable Fund | General support of mission | 2024 | $26,658 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $26,091 |
| American Gift Fund | Operations | 2024 | $13,976 |
| Rockefeller Philanthropy Advisors Inc | General | 2023 | $570,087 |
Grants made · $51.8M in FY2024
1 grant totaling $51.8M in FY2024. All grants made by Charityvest Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Total Grants Paid | Program support | $51,791,362 |
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Frequently asked questions
- Is Charityvest Inc a legitimate nonprofit?
- Yes. Charityvest Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 81-2771871, based in Fairfield, Connecticut. Donations are tax-deductible.
- What is Charityvest Inc's EIN?
- Charityvest Inc's Employer Identification Number (EIN) is 81-2771871.
- How much revenue does Charityvest Inc report?
- Charityvest Inc reported $113,380,722 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Charityvest Inc's spending goes to programs?
- Charityvest Inc spends about 100% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Charityvest Inc have?
- CharityIndex grades Charityvest Inc A+, based on program efficiency and fundraising cost.
- How much does Charityvest Inc's highest-paid employee make?
- The highest reported compensation on Charityvest Inc's latest Form 990 is $0, paid to Heather Grizzle (Director).
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Data for Charityvest Inc (EIN 81-2771871) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.