The California State Capitol

Form 990-PFTax year 2024EIN 83-1423625

Arrow Impact

A private foundation in Menlo Park, CA. Its return for tax year 2024 lists 25 grants and $11 million paid in grants.

Tax year 2024 (period ending Dec 31, 2024), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

6 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2024

    $11,027,500

    Grants listed
    25
    Assets, end of year
    $68,180,733
  • Tax year 2023

    $4,300,000

    Grants listed
    9
    Assets, end of year
    $60,392,425
  • Tax year 2022

    $6,665,000

    Grants listed
    22
    Assets, end of year
    $52,170,826
  • Tax year 2021

    $4,700,000

    Grants listed
    11
    Assets, end of year
    $55,800,316
  • Tax year 2020

    $3,150,000

    Grants listed
    19
    Assets, end of year
    $31,224,436
  • Tax year 2019

    $502,000

    Grants listed
    1
    Assets, end of year
    $19,471,561

Grants paid in 2024

25 grants, largest first

As listed on the return.

  1. Per ScholasBronx, NY

    General operating support

    $2,500,000
  2. New Profit IncBoston, MA

    General operating support

    $1,000,000
  3. Newschools Venture FundOakland, CA

    General operating support

    $750,000
  4. Echoing GreenNew York, NY

    General operating support

    $500,000
  5. San Francisco FoundationSan Francisco, CA

    General operating support

    $500,000
  6. TalkingpointsSan Francisco, CA

    General operating support

    $500,000
  7. Philanthropy Ventures FoundationOakland, CA

    Rise east initiative

    $500,000
  8. BravenChicago, IL

    General operating support

    $400,000
  9. Robin Hood FoundationNew York, NY

    General operating support

    $400,000
  10. PolicylinkOakland, CA

    Liberation ventures

    $350,000
  11. All Our KinNew Haven, CT

    General operating support

    $327,500
  12. LenaLouisville, CO

    General operating support

    $300,000
  13. Rivet SchoolRichmond, CA

    General operating support

    $300,000
  14. Accelerate the National Collaborative for Accelerated LearningNashville, TN

    General operating support

    $300,000
  15. Terner Housing Innovation LabsOakland, CA

    General operating support

    $300,000
  16. CommonlitWashington, DC

    General operating support

    $300,000
  17. Housing ConnectorSeattle, WA

    General operating support

    $300,000
  18. Rockefeller Philanthropy AdvisorsNew York, NY

    General operating support to promise venture studio

    $250,000
  19. TeachstartLos Angeles, CA

    General operating support

    $250,000
  20. Alder Graduate Schools of EducationRedwood City, CA

    General operating support

    $250,000
  21. Non-Profit Housing Association of Northern CaliforniaSan Francisco, CA

    General operating support

    $250,000
  22. Lever for ChangeChicago, IL

    General operating support

    $250,000
  23. BastaNew York, NY

    General operating support

    $100,000
  24. Teach for AmericaNew York, NY

    Restricted to the ignite program

    $100,000
  25. Aspen InstituteWashington, DC

    Community foundation business model initiative

    $50,000

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Education7 grants $2,777,50030% of the total
  2. Jobs and employment1 grant $2,500,00027% of the total
  3. Philanthropy and grantmaking4 grants $1,400,00015% of the total
  4. Community development2 grants $1,350,00014% of the total
  5. Housing and shelter3 grants $850,0009% of the total
  6. Youth development1 grant $400,0004% of the total
  7. 1 other causes1 grant $50,000<1% of the total

By State

Grants to organizations with a US address, latest year.

  1. California11 grants $4,200,000
  2. New York5 grants $3,600,000
  3. Massachusetts1 grant $1,000,000
  4. Illinois2 grants $650,000
  5. District of Columbia2 grants $350,000
  6. Connecticut1 grant $327,500
  7. Colorado1 grant $300,000
  8. Tennessee1 grant $300,000
  9. Washington1 grant $300,000

Officers, directors and trustees

3 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Charles M WolfsonEXECUTIVE DIRECTOR Hours 40Pay $0
  • Mark A WolfsonPRESIDENT Hours 15Pay $0
  • B Howard PearsonVICE PRESIDENT Hours 2Pay $0

The return

More foundations

Similar foundations

Same main cause (education), giving between a quarter and four times this foundation’s where possible, nearby first.

  1. Hopper-Dean FoundationMenlo Park, CA 67 grants Preselected only $6,815,932 giving
  2. Drew FoundationMenlo Park, CA 17 grants Preselected only $5,119,000 giving
  3. Tandem Philanthropies fka the Ark FoundationMenlo Park, CA 11 grants Preselected only $3,850,000 giving
  4. Koshland FoundationMenlo Park, CA 14 grants Preselected only $3,269,310 giving
  5. The Lowell Milken Family FoundationSanta Monica, CA 73 grants Preselected only $10,892,050 giving