2025-11-13T13:25:31-06:00 2024-12-31 311119890 BARNES DENNIG & CO LTD 5342 W VERMONT ST INDIANAPOLIS IN 46224 990 2024-01-01 850781875 COMMONWEALTH IMPACT FOUNDATION INC COMM 3174722020 PO BOX 301076 INDIANAPOLIS IN 46230 JAY HEIN MANAGING MEMBER 3177107494 2025-11-13 1 1 JOHN W KELLER CPA P01329619 3172412999 2025-11-13 2024 2025-03-06 01:10:19Z JAY HEIN PO BOX 301076 INDIANAPOLIS IN 46230 6109900 0 X COMMONWEALTHIMPACT.ORG X 2020 IN COMMONWEALTH HARNESSES ENTREPRENEURIAL TALENT TO HELP COMMUNITIES FLOURISH. 3 3 0 3 -211825 0 5031020 6427064 0 0 243177 58939 194393 -376298 5468590 6109705 9517767 8034977 0 0 0 0 0 0 45988 803362 626838 10321129 8661815 -4852539 -2552110 11048975 8705416 283333 41228 10765642 8664188 X THE WORLD HAS NEVER EXPERIENCED SO MUCH PROSPERITY NOR FACED SO MANY MASSIVE CHALLENGES. COMMONWEALTH HARNESSES THE SAME ENTREPRENEURIAL TALENT THAT CREATES WEALTH TO CREATE MORE OPPORTUNITY FOR EVERYONE TO FLOURISH. 1 0 8410622 8034977 COMMONWEALTH IMPACT FOUNDATION HELPS NONPROFITS AND SOCIAL VENTURES WITH DEMONSTRATED SOCIAL IMPACT ACCESS EARLY-STAGE CAPITAL IN THE FORM OF GRANTS AND LOW-INTEREST LOANS. IN 2024, COMMONWEALTH PROVIDED MORE THAN $7M IN GRANT FUNDING TO WORLD SHOE FUND TO DISRUPT THE CHRONIC CYCLE OF POVERTY AND PREVENTABLE DISEASE IN DEVELOPING NATIONS THROUGH ADVOCACY, EDUCATION, AND ACCESS TO FOOTWEAR. IN 2024, WORLD SHOE FUND DISTRIBUTED MORE THAN 380,000 PAIRS OF SHOES FOR NATIONAL HEALTH AND HYGIENE INITIATIVES AND SECURED SEVEN NEW COUNTRY PARTNERSHIPS. COMMONWEALTH IMPACT FOUNDATION HOLDS AND ADMINISTERS DONOR ADVISED FUNDS TO MAKE MISSION-RELATED INVESTMENTS TO NONPROFIT AND FOR PROFIT COMPANIES WITH DEMONSTRATED SOCIAL IMPACT. THESE DONOR ADVISED FUNDS ARE TYPICALLY HELD BY INDIVIDUALS AND FUNDED BY A NEW CHARITABLE CONTRIBUTION OR GRANT FROM AN EXISTING DONOR ADVISED FUND AT ANOTHER INSTITUTION. DAF INVESTMENTS MAY BE IN THE FORM OF LOANS OR EQUITY. COMMONWEALTH MADE 8 NEW INVESTMENTS FROM DONOR ADVISED FUNDS IN 2024. COMMONWEALTH IMPACT FOUNDATION SPECIALIZES IN REAL ESTATE TRANSACTIONS SUPPORTING NONPROFITS AND OTHER CHARITABLE ENTITIES. IN 2024, COMMONWEALTH FACILITATED A LOW-INTEREST LOAN FOR HEART CHANGE MINISTRIES TO ACQUIRE AND REDEVELOP A BUILDING IN INDIANAPOLIS. AT THIS FACILITY, HEART CHANGE SUPPORTS SINGLE MOTHERS IN CRISIS THROUGH EMOTIONAL SUPPORT, EDUCATION, AND CAREER TRAINING. CW CITY FUND: COMMONWEALTH IS GROWING AN IMPACT INVESTING NETWORK IN 15 CITIES TO FUND VENTURE PHILANTHROPY AND VC/PE DEALS AIMED AT COMMUNITY RENEWAL.CW VENTURES: COMMONWEALTH SPONSORS SELECT PRIVATE OFFERINGS FOR COMPANIES ADVANCING MARKET SOLUTIONS TO THE WORLD'S BIGGEST PROBLEMS, INCLUDING THE WEALTH GAP BETWEEN WHITE FAMILIES AND BLACK FAMILIES IN AMERICA AND ACCESS TO QUALITY HEALTH CARE AND MENTAL HEALTH SERVICES. 8410622 1 1 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 8 0 1 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 1 1 0 1 1 1 1 1 1 0 0 0 IN X ROB PANOS 3174722020 PO BOX 301076 INDIANAPOLIS IN 46230 X X JAY HEIN BOARD MEMBER 1.00 X 0 0 0 WINSTON JUSTICE BOARD MEMBER 1.00 X 0 0 0 CLIFF BENSON BOARD MEMBER 1.00 X 0 0 0 0 0 0 0 0 0 0 0 6427064 6427064 58939 58939 195 -195 -195 -195 MANAGEMENT FEES 541610 46868 46868 STOCK EQUITY GRANTS 541610 -211146 -211146 K-1 PASS-THROUGH ACTIVITY 523000 -211825 -211825 -376103 6109705 -164278 -211825 58744 8034977 8034977 6124 6124 60500 60500 40828 40828 78988 78988 263 263 64 64 20783 20783 4590 4590 7521 7521 216 216 6282 6282 BAD DEBT EXPENSE 233818 233818 FUND ADMINISTRATION 59630 59630 MEALS & TRAVEL 54677 22011 32666 K-1 PASS-THROUGH DEDUCT 44550 44550 8004 2466 5538 8661815 8410622 205205 45988 2981396 326903 0 32400 360614 328792 18340 2101 7409693 7763141 278932 252079 11048975 8705416 13333 39738 1490 270000 0 283333 41228 X 10765642 8664188 10765642 8664188 11048975 8705416 X -2552110 28804 101315 320537 X X 0 1 X 1 0 X 5450469 9979682 5031020 6427064 26888235 5450469 9979682 5031020 6427064 26888235 26888235 13521 71637 128288 58939 272385 27160620 126101 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 94 10 6264002 247258 1 1 0 424365 F INVESTMENTS IN EQUITIES 6888776 F INVESTMENTS IN SAFE AGREEMENTS 450000 F 7763141 6359633 28804 -28778 26 6359607 -249902 -249902 6109705 8617265 0 8617265 44550 44550 8661815 PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN INVESTMENT IN SUBSIDIARIES -28,778. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHEDULE K-1 PASSTHROUGH NET LOSSES -249,902. PART XII, LINE 4B - OTHER ADJUSTMENTS: K-1 PASSTHROUGH PORTFOLIO DEDUCTIONS 44,550. 1 NATIONAL CHRISTIAN FOUNDATION 1150 SANCTUARY PARKWAY SUITE 350 ALPHARETTA GA 30009 208964581 501(C)(3) 425936 0 MISSION SUPPORT WORLD SHOE FUND INC 15105 JOHN J DELANEY DRIVE CHARLOTTE NC 28277 920311777 501(C)(3) 7500000 0 MISSION SUPPORT INTERNATIONAL GENEROSITY FOUNDATION TRUST 1901 ULMERTON RD SUITE 400 CLEARWATER FL 33762 843754469 501(C)(3) 80000 0 MISSION SUPPORT RAYMOND JAMES TRUST 880 CARILLON PARKWAY ST PETERSBURG FL 33762 591517485 501(C)(3) 22446 0 MISSION SUPPORT 4 FORM 990, PART III, LINE 2 COMMONWEALTH IMPACT FOUNDATION HELPS NONPROFITS AND SOCIAL VENTURES WITH DEMONSTRATED SOCIAL IMPACT ACCESS EARLY-STAGE CAPITAL IN THE FORM OF GRANTS AND LOW-INTEREST LOANS. IN 2024, COMMONWEALTH PROVIDED MORE THAN $7M IN GRANT FUNDING TO WORLD SHOE FUND TO DISRUPT THE CHRONIC CYCLE OF POVERTY AND PREVENTABLE DISEASE IN DEVELOPING NATIONS THROUGH ADVOCACY, EDUCATION, AND ACCESS TO FOOTWEAR. IN 2024, WORLD SHOE FUND DISTRIBUTED MORE THAN 380,000 PAIRS OF SHOES FOR NATIONAL HEALTH AND HYGIENE INITIATIVES AND SECURED SEVEN NEW COUNTRY PARTNERSHIPS. COMMONWEALTH IMPACT FOUNDATION HOLDS AND ADMINISTERS DONOR ADVISED FUNDS TO MAKE MISSION-RELATED INVESTMENTS TO NONPROFIT AND FOR PROFIT COMPANIES WITH DEMONSTRATED SOCIAL IMPACT. THESE DONOR ADVISED FUNDS ARE TYPICALLY HELD BY INDIVIDUALS AND FUNDED BY A NEW CHARITABLE CONTRIBUTION OR GRANT FROM AN EXISTING DONOR ADVISED FUND AT ANOTHER INSTITUTION. DAF INVESTMENTS MAY BE IN THE FORM OF LOANS OR EQUITY. COMMONWEALTH MADE 8 NEW INVESTMENTS FROM DONOR ADVISED FUNDS IN 2024. COMMONWEALTH IMPACT FOUNDATION SPECIALIZES IN REAL ESTATE TRANSACTIONS SUPPORTING NONPROFITS AND OTHER CHARITABLE ENTITIES. IN 2024, COMMONWEALTH FACILITATED A LOW-INTEREST LOAN FOR HEART CHANGE MINISTRIES TO ACQUIRE AND REDEVELOP A BUILDING IN INDIANAPOLIS. AT THIS FACILITY, HEART CHANGE SUPPORTS SINGLE MOTHERS IN CRISIS THROUGH EMOTIONAL SUPPORT, EDUCATION, AND CAREER TRAINING. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD MAY CHOOSE TO REVIEW AND APPROVE THE TAX FORM DURING A BOARD MEETING OR THEY MAY CHOOSE TO EMAIL COPIES TO BOARD MEMBERS FOR REVIEW, APPROVAL, AND COMMENTS. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS REVIEWS THE ANNUAL DISCLOSURES TO ENSURE COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY IN FORCE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS DISCLOSURE EXPLANATION: COMMONWEALTH IMPACT FOUNDATION'S TAX FORMS ARE AVAILABLE FOR PUBLIC DISCLOSURE ON THE GUIDESTAR WEBSITE OR UPON REQUEST. FORM 990, PART VI, SECTION A, LINE 9: CLIFF BENSON, JR: 3900 BARRETT DR STE 101 RALEIGH, NC 27609 WINSTON JUSTICE: 801 CRESCENT CENTRE DR., SUITE 600 FRANKLIN, TN 37067 FORM 990, PART XI, LINE 9: ADJUSTMENT FOR K-1 ACTIVITY NOT INCLUDED ON AUDITED FINANCIAL STATEMENTS 294,452. CHANGE IN INVESTMENT IN SUBSIDIARIES -28,778. DEFERRED TAX BENEFIT 54,863. FORM 990, PART XII, LINE 2C: THE BOARD'S OVERSIGHT PROCESS FOR THE AUDIT HAS NOT CHANGED SINCE LAST YEAR. MEI FLORIDA 2021 LLC PO BOX 301076 INDIANAPOLIS IN 46230 872202079 INVESTMENT IN COMMONWEALTH IMPACT FOUNDATION INVESTMENT -11680 387833 0 1 0.88730 IBR 2020 LLC PO BOX 301076 INDIANAPOLIS IN 46230 853217461 INVESTMENT IN COMMONWEALTH IMPACT FOUNDATION INVESTMENT -1542 277386 0 1 0.85000 MEI TEXAS 2020-1 LLC PO BOX 301076 INDIANAPOLIS IN 46230 932402255 INVESTMENT IN COMMONWEALTH IMPACT FOUNDATION INVESTMENT -49053 204203 0 1 0.64280 COMMONWEALTH VENTURES OF AMERICA LLC PO BOX 301076 INDIANAPOLIS IN 46230 871029630 INVESTMENT MANAGEMENT IN COMMONWEALTH IMPACT FOUNDATION INC C -27237 214001 1.00000 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0