2024-07-24T09:51:50-00:00 2023-12-31 621813735 Foundation Group Inc 2451 Atrium Way Suite 300 Nashville TN 37214 990 2023-01-01 475334467 Catalytic Impact Foundation Inc CAVE 7812643588 148 Downer Ave Hingham MA 02043 Rachel Butler President 7812643588 2024-07-24 true Rachel Butler XXX-XX-XXXX Andrew D Payne EA P02188892 6153619445 2024-07-24 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z X Rachel Butler 148 Downer Ave Hingham MA 02043 1297166 false X www.cifimpact.org X 2015 NY To use philanthropic funds to support and accelerate innovation in life sciences and healthcare. 5 3 3 10 0 474170 1288350 0 25 8816 0 474195 1297166 150000 250000 0 210685 273114 249996 0 2897 132769 268370 743450 791484 -269255 505682 495338 1001269 342841 353882 152497 647387 To use philanthropic funds to support and accelerate innovation in life sciences and healthcare. false false 738995 250000 The mission of the Catalytic Impact Foundation is to accelerate innovation in life sciences and healthcare, to address areas of high unmet medical need. CIF raises philantrhopic funds, and through our donor advised fund account at Impact Assets, strategically funds early-stage companies developing technologies to save or improve lives. CIF has funded more than 50 companies developing critical solutions for the worlds most challenging diseases and conditions. Our off-balance-sheet assets, the evergreen pool of philanthropic capital, are used for this purpose and sit in our donor advised fund account. 738995 true true false false false false false false false false false false false false false false true false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false true 4 0 true 3 true false false false false false false false false false false false false X 5 3 false false false false false false false true true false false true true true true false false true true false CA CT FL MA NY WA X Foundation Group Inc 6153619445 2451 Atrium Way Ste 300 Nashville TN 37214 Rachel Butler President 035.00 X X 90000 0 0 Richard Lipkin Treasurer 035.00 X X 90000 0 0 Rob Wolk Board Chair 005.00 X X 0 0 0 Susana Frazao Pinhiero Secretary 002.00 X X 0 0 0 Gwill York Director 001.00 X 0 0 0 180000 false false false 1288350 1288350 8816 8816 1297166 8816 250000 250000 0 0 0 180000 180000 0 73000 73000 0 0 20114 20114 0 0 24882 24882 0 0 0 705 705 5269 5269 3354 3354 0 0 16641 16641 0 629 629 21468 21468 0 0 1526 1526 Consulting Fees 190999 190999 Fundraising Networking 2897 2897 0 791484 738995 49592 2897 494829 990037 509 509 10723 495338 1001269 63354 87679 144872 146203 134615 120000 342841 353882 X 102497 647387 50000 152497 647387 495338 1001269 505682 -10792 X true X true X false false X 1530427 4071340 979977 474170 1288350 8344264 1530427 4071340 979977 474170 1288350 8344264 2749344 5594920 6630 3764 453 25 8815 19687 8363951 0.66890 0.61190 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false Financial derivatives and other financial products Closely-held equity interests Federal income taxes 1297166 1297166 1297166 791484 791484 791484 true Impact Assets 4340 East West Highway Suite 210 Bethesda MD 20814 262048480 501c3 250000 FMV N/A Support for accelerating innovations in healthcare. 1 Part I Line 2 The board of directors reviews proposed recipients to deermine needs and proposed uses of assistance. The recipients are then routinely monitored to ensure the assistance is being used accordingly to accomplish the proposed purpose. Form 990, Part VI, Section B, Line 11b The organization reviews the 990 form at a board meeting prior to submitting to the IRS. Form 990, Part VI, Section B, Line 12c The organization enforced compliance with its conflict of interest policy by reviewing it at board meetings. Form 990, Part VI, Section C, Line 19 The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Form 990, Part VI, Section B, Line 15a 15b The organization uses a companesation survey and approval by the board to set compensation pacakges for its key employees.