Reemprise Fund
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Reemprise Fund is a venture philanthropy organization that invests in emerging nonprofit leaders and early-stage organizations serving historically marginalized communities in Charlotte, North Carolina. The organization builds relationships that deepen over time and provides a range of supportsincluding multi-year strategic partnerships, grantmaking, organizational assessment, and hands-on capability buildingto strengthen leadership, operations, and long-term sustainability. Through this continuum of engagement, Reemprise offers strategic guidance, evaluation and learning support, and access to its network to help nonprofit organizations grow stronger, more resilient, and better positioned for lasting impact.
- Income
- $78,545
- Spending
- $362,443
- Spent on programs
- 82%
- Reserves
- 17.1 months of spending
- Largest source of income
- investment income, 100%
- Employees
- 0
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 80 out of 100. Higher than 53% of charities in its peer group (philanthropy, under $250k).
Reserves
35 of 35Spendable reserves would cover 17.1 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
0 of 15Spending exceeded income by 361% of income.
Income trend
10 of 15Income fell 4% on the year before.
Spending floor
15 of 1582% of spending went to programs.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 85 out of 100. Higher than 78% of charities in its peer group (philanthropy, under $250k).
Independent board
18 of 253 of 3 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
0 of 5Reports that it does not keep minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $297,826 spent. Reemprise Fund maintained two active Strategic Partnerships during 2025, each representing a three-year engagement with nonprofit organizations. These partnerships included unrestricted grant funding, organizational capability-building support, and ongoing strategic guidance to strengthen leadership, operations, and long-term sustainability. In addition to these funded partnerships, Reemprise engaged with a broader group of nonprofit leaders through relationship-building, strategic advising, and the sharing of connections and resources. This work included regular engagement with early-stage organizations, providing thought partnership, capability support, and access to networks to help strengthen their development and assess potential for deeper, long-term partnership.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since May 2023.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.