North Fund is a 501(c)(4) organization based in Washington, District of Columbia, registered in 2022, with $45,031,127 in FY2024 revenue. CharityIndex grades it B+, and it directs about 97% of spending to programs.
Revenue (FY2024)
$45.0M
▼ 24.6% vs prior year
Public Benefit median: $140K
Expenses (FY2024)
$53.9M
Net assets
$47.2M
Employees
0
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 North Fund: 97% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
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 North Fund: 11 mo reserves · -20% margin earns a C+ on this criterion. See the exact thresholds →
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 North Fund: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
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 North Fund: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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The north fund partners with committed community leaders to help make our country a more just, fair, and equitable place to live, work, and raise families. it focuses on supporting innovative social entrepreneurship, educational initiatives, and advocacy campaigns that lift up communities and create real and lasting change.
Technology and innovation: north fund's technology and innovation program includes protecting and increasing data privacy, ensuring fairness and accountability in corporate technology practices, elevating a variety of voices in the technology space, and promoting clear and accurate information through online networks.
Health: north fund's health programs focus on women's health, healthcare access, gender equity, and reducing health disparities.
Revenue grew from $9.4M (FY2019) to $45.0M (FY2024) across 6 reported years.
Financial snapshot
Operating margin
-19.7%
Spent more than it raised in the latest fiscal year.
Total assets
$50.5M
Total liabilities
$3.3M
Net assets
$47.2M
Salaries & benefits
$1.9M
3% of expenses
Board members
3
3 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $45,031,127▼24.6% | $53,888,860▲37.5% | $47,197,843▼15.7% | $50,510,009▼19.0% | 990 |
| 2023 | $59,691,513▲27.3% | $39,181,659▼11.4% | $56,012,761▲57.8% | $62,369,243▲63.1% | 990 |
| 2022 | $46,878,965▲9.2% | $44,232,686▲32.5% | $35,502,907▲1.9% | $38,239,022▼12.1% | 990 |
| 2021 | $42,926,545▼35.6% | $33,387,269▼31.6% | $34,856,628▲37.7% | $43,517,343▲64.2% | 990 |
| 2020 | $66,608,974▲612% | $48,780,510▲2519% | $25,317,352▲238% | $26,507,967▲235% | 990 |
| 2019 | $9,351,304 | $1,862,416 | $7,488,888 | $7,915,300 | 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.
Highest-paid: Jessica Floyd — $102,331 (0.19% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Jessica Floyd | Project Director | 12 | $102,331 |
| Susan Hill | General Counsel | 1 | $9,041 |
| Cristina Uribe | Treasurer (through 10/2024) | 1 | — |
| Jim Gerstein | President and Chair | 1 | — |
| Matthew Slutsky | Treasurer (as of 10/2024) | 1 | — |
| Melanie Beller | Secretary | 1 | — |
| Contractor | Services | Paid |
|---|---|---|
| Elias Law Group LLC | Legal Services | $4,571,046 |
| Weymouth Watson LLC | Event Management | $1,240,416 |
| Arabella Advisors | Admin., Operations & Support Services | $872,840 |
| Spector Roh Strategies | Media & Communication Srvcs | $505,000 |
| Vocal Media | Media & Communication Srvcs | $300,000 |
30 grants to North Fund totaling $101.9M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| New Venture Fund | Civil rights, social action, advocacy | 2024 | $8,055,000 |
| Sixteen Thirty Fund | Civil rights, social action, advocacy | 2024 | $6,800,000 |
| Open Society Policy Center Inc | To support the gender equity action fund, a project of the grantee, in its nonpartisan policy advocacy on gender equity in state supreme courts | 2024 | $1,000,000 |
| Open Society Policy Center Inc | To support policy advocacy and nonpartisan civic engagement | 2024 | $500,000 |
| Advocacy Action Fund Inc | Support for civic engagement outreach | 2024 | $150,000 |
| Advocacy Action Fund Inc | Support for civic engagement and technology development efforts | 2024 | $119,200 |
| Beyond Impact | Human rights | 2024 | $100,000 |
| Future Forward USA Action | Primary purpose | 2024 | $50,000 |
| Climate Power | Event sponsorship | 2024 | $20,000 |
| Priorities USA | Digital ad grant | 2024 | $20,000 |
| Sixteen Thirty Fund | Capacity building | 2023 | $8,175,000 |
| New Venture Fund | Civil rights, social action, advocacy | 2023 | $7,112,995 |
| Open Society Policy Center Inc | To support policy advocacy and nonpartisan civic engagement | 2023 | $500,000 |
| Hopewell Fund | Civil rights, social action, advocacy | 2023 | $45,000 |
| New Venture Fund | Civil rights, social action, advocacy | 2022 | $5,740,000 |
70 grants totaling $34.0M in FY2024 — showing the 15 largest. All grants made by North Fund →
| Recipient | Purpose | Amount |
|---|---|---|
| Your Community Pac | Civil rights, social action, advocacy | $5,700,000 |
| Sixteen Thirty Fund | Civil rights, social action, advocacy | $5,291,332 |
| Rewiring America Inc | Technology and innovation | $2,400,000 |
| Global Impact Social Welfare Foundation | Civil rights, social action, advocacy | $1,671,484 |
| Run For Something | Civil rights, social action, advocacy | $1,250,000 |
| Michigan Civic Action Fund | Civil rights, social action, advocacy | $1,250,000 |
| Advance American Democracy Inc | Civil rights, social action, advocacy | $1,250,000 |
| Make North Carolina First | Civil rights, social action, advocacy | $1,245,000 |
| Western Organization of Resource Councils | Civil rights, social action, advocacy | $995,000 |
| Ohio Progressive Collaborative | Civil rights, social action, advocacy | $750,000 |
| New Left Accelerator | Civil rights, social action, advocacy | $700,000 |
| Keep Country First Policy Action Inc | Civil rights, social action, advocacy | $700,000 |
| Humanity Forward | Civil rights, social action, advocacy | $650,000 |
| Georgia Investor Action Fund Inc | Civil rights, social action, advocacy | $600,000 |
| Dirt Road Organizing | Civil rights, social action, advocacy | $530,000 |
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Data for North Fund (EIN 83-4011547) 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.