Catalyst Philanthropy Fund
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It reported loans to or from officers, directors or other insiders.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
CATALYST PHILANTHROPY FUND WAS FORMED TO SUPPORT AND EMPOWER PHILANTHROPY BY WORKING WITH EXISTING CHARITABLE INITIATIVES, CREATING NEW PROGRAMS TO ACHIEVE SOCIAL IMPACT, AND DRAWING NEW INDIVIDUALS AND ORGANIZATIONS TO PHILANTHROPY. CATALYST ACHIEVES THESE GOALS BY BEING A FISCAL SPONSOR FOR CHARITABLE PROJECTS, A PHILANTHROPIC ADVISOR TO FUNDERS AND DONORS, AND A CONVENER OF BOTH TO MAKE DOLLARS GO FURTHER AND HAVE GREATER SOCIAL IMPACT IN THE COMMUNITY.
- Income
- $6.6 million
- Spending
- $5.7 million
- Spent on programs
- 98%
- Reserves
- 0 months of spending
- Largest source of income
- donations and private grants, 98%
- Employees
- 0
- Volunteers
- 3
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 46 out of 100. Higher than 8% of charities in its peer group (philanthropy, $1m to $10m).
Reserves
4 of 35Spendable reserves would cover -0.0 months of spending.
Debt
5 of 20It owes 64% of what it owns.
Living within its means
15 of 15Income exceeded spending by 13% of income.
Spending floor
15 of 1598% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 75 out of 100. Higher than 27% of charities in its peer group (philanthropy, $1m to $10m).
Independent board
18 of 252 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
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
0 of 10Reports at least one of: diversion of assets, excess benefits, loans to insiders.
Source: Form 990 for the year ending December 31, 2024, 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)
- $5.6 million spent. CATALYST PHILANTHROPY FUND EMPOWERS INDIVIDUALS AND ORGANIZATIONS TO CREATE A LASTING IMPACT THROUGH STRATEGIC PHILANTHROPY. OPERATING AS A FISCAL SPONSOR AND PHILANTHROPIC ADVISOR, CATALYST HANDLES THE ADMINISTRATIVE COMPLEXITIES OF CHARITABLE PROJECTS, ALLOWING THEM TO FOCUS ON MAKING IMPACT.
Source: Form 990 for the year ending December 31, 2024, 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 October 13, 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 2024.
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 August 2024.
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 October 21, 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.