Social Impact Commons

Social Impact Commons is a network of fiscal sponsors, sponsored projects, and funders that seeks to advance left-of-center nonprofit causes through increasing access to fiscal sponsorship for more organizations. 1

At-A-Glance

Formation:

2020

CEO:

Thaddeus Squire

Location: Philadelphia, PA View on map
Tax ID: 35-2599700
Most Recent Filing: 2025
Budget (2025): Assets: $2,173,643 Revenue: $1,447,214 Expenses: $1,122,171

Contents

    Several of Social Impact Commons’ member groups include the Movement Strategy Center (MSC), the Mellon Foundation, CultureWorks Greater Philadelphia, and Fidelity Charitable Catalyst Fund. 2

    Initiatives

    Social Impact Commons claims to provide services and initiatives to over 90 members and allies organizations such as connecting nonprofits with fiscal sponsors and funders. 3 It also claims to offer a “toolkit” for fiscal sponsors and their sponsored projects on how to navigate nonprofit grantmaking and fiscal sponsorship. 4 Social Impact Commons also advocates in favor of left-of-center public policies towards increasing access to fiscal sponsorship while also hosting events to help members address issues related to fiscal sponsorship and nonprofit management. 5 6

    Social Impact Commons additionally conducts research to track trends within fiscal sponsorship and nonprofit management. 7 In 2024, Social Impact Commons supported 62 active members across 2,800 projects, a 200 percent increase in members from the previous fiscal year in 2023. 8

    Member Organizations

    Nonprofits interested in joining the Social Impact Commons network can pay an annual membership fee of $750 which affords them access to the Social Impact Commons library, discounted direct services, and management approaches tailored for fiscal sponsors. 3

    Social Impact Commons has more than 90 member and allied organizations including Alliance for Justice, the Center for Economic Democracy, CultureWorks Greater Philadelphia, the Mellon Foundation, the Movement Strategy Center (MSC), NEO Philanthropy, and the Climate Justice Hive. 2

    In March 2025, Social Impact Commons announced a project called “Common Ground: The Future of Fiscal Sponsorship” in partnership with Proximate, a fiscally sponsored project of the Movement Strategy Center (MSC) that includes a digital media outlet reporting on money being invested and distributed by governments both domestically and internationally. According to the project, both Social Impact Commons and Proximate would publish articles that would allegedly be used to help organizations gain fiscal sponsorship from funds and funders. The project allegedly includes interviews with funders who have leveraged fiscal sponsorships to advance their causes. 9

    Leadership

    Thaddeus Squire is a co-founder and, as of 2025, was the chief commons steward at Social Impact Commons. Before co-founding Social Impact Commons, Squire founded Peregrine Arts in 2004, a multi-arts producer, followed by Hidden City Philadelphia. In 2010, he founded CultureWorks Greater Philadelphia, the first comprehensive fiscal sponsor focusing on arts and heritage in the country. Squire has received degrees from Princeton University, the University of Leipzig as a J. William Fulbright Fellow, and the Mendelssohn Conservatory of Music and Theatre. 10

    As of 2025, Neville Vakharia was the president and treasurer of the Social Impact Commons board of directors. Vakharia is an Associate Professor and program director of Drexel University’s graduate Arts Administration and Museum Leadership program. Prior to Drexel, Vakharia was the director of the Cultural Data Project at the Pew Charitable Trusts (now SMU DataArts). He received his bachelor’s degree in Materials Engineering and his master’s degree in Arts Administration from Drexel University, where as of 2025 he was pursuing a Ph.D. in Information Science. Vakharia sits on the board of directors of CultureWorks Greater Philadelphia and the Philadelphia Cultural Fund and is the co-editor of Artivate: A Journal of Entrepreneurship in the Arts. 11

    Financials

    In 2023, Social Impact Commons reported $1,955,410 in total revenue, $1,127,305 in total expenses, and $1,841,983 in total assets. 12

    Financial Statistics

    Total Assets

    Total Revenue

    Total Expenses

    YearTotal AssetsTotal RevenueTotal ExpensesFiling
    2025 $2,173,643 $1,447,214 $1,122,171 View
    2024 $1,821,028 $1,306,030 $1,307,188
    2023 $1,841,983 $1,955,410 $1,127,305 View
    2022 $1,000,603 $979,779 $759,028 View
    2021 $861,211 $973,169 $552,627 View
    2020 $392,606 $483,803 $451,712 View

    Prior year filings: 2019

    Revenue Detail

    Expenses Detail

    Employee Compensation

    • Number of Employees: 4

    Highest Earning Employees

    EmployeeTitleTotal Compensation
    Asta PetkeviciuteCHIEF FINANC$228,769
    Thaddeus SquireCHIEF COMMON$227,314

    Grant Activity

    All-time grants received statistics from Candid dataset:

    • Total Grant Value: $3,472,763
    • Number of Grants: 9
    • Number of Funders: 6

    Selection of highest value grants received from the last seven years:

    AmountYearFunderSubject
    $750,0002023 The Andrew W. Mellon Foundationto support the fiscal sponsorship ecosystem
    $592,0802023 New Hampshire Charitable FoundationFor Community Steward onboarding process planning and development an Community Builders Hub
    $500,0002021 The Andrew W. Mellon FoundationTo support Social Impact Commons, the first, national incubator and shared services provider supporting the fiscal sponsorship community
    $419,0002023 Fidelity Investments Charitable Gift FundFor grant recipient's exempt purposes
    $400,0002020 CULTUREWORKS GREATER PHILADELPHIA INCGeneral grant
    $150,0002022 Fidelity Investments Charitable Gift FundFor grant recipient's exempt purposes
    $150,0002021 The Barra FoundationCATALYST FUND GRANT
    $50,0002022 SOCIAL IMPACT FUNDGeneral Support

    All-time grants given statistics from Candid dataset:

    • Total Grant Value: $517,110
    • Number of Grants: 12
    • Number of Recipients: 8

    Selection of highest value grants given from the last seven years:

    AmountYearFunderSubject
    $270,6302023 Community Builders HubCAPACITY BUILDING
    $93,0002022 Cultureworks Equitable Realty TrustCAPACITY BUILDING
    $46,5002021 Cultureworks Equitable Realty TrustRELIEF ASSISTANCE
    $12,0002021 Eastside Arts AllianceRELIEF ASSISTANCE
    $12,0002021 Local ColorRELIEF ASSISTANCE
    $12,0002021 Theatre Bay AreaRELIEF ASSISTANCE
    $12,0002020 Dancers GroupRelief assistance
    $12,0002020 Eastside Arts AllianceRelief assistance
    $12,0002020 INDEPENDENT ARTS & MEDIARelief assistance
    $12,0002020 Local Colors of Western Virginia IncRelief assistance
    $12,0002020 Theatre Bay AreaRelief assistance
    $10,9802023 Cultureworks Equitable Realty TrustCAPACITY BUILDING

    References

    1. “Welcome to the Commons!” Social Impact Commons. Accessed June 2, 2025. https://www.socialimpactcommons.org/#!directory/map/ord=rnd
    2. “Our Community.” Social Impact Commons. Accessed June 2, 2025. https://www.socialimpactcommons.org/member-directory#!directory/map
    3. “For Fiscal Sponsors & Projects.” Social Impact Commons. Accessed June 2, 2025. https://www.socialimpactcommons.org/for-organizations
    4. “Resources.” Social Impact Commons. Accessed June 2, 2025.  https://www.socialimpactcommons.org/Resources
    5. “Our Advocacy Work.” Social Impact Commons. Accessed June 2, 2025.  https://www.socialimpactcommons.org/our-advocacy-work
    6. “Events.” Social Impact Commons. Accessed June 2, 2025.  https://www.socialimpactcommons.org/events
    7. Stiffman, Eden. “Fiscal Sponsorship Is On the Rise, Allowing Groups That Aren’t Nonprofits to Accept Donations.” The Chrinicle of Philanthropy. November 27, 2023. Accessed June 2, 2025. https://www.philanthropy.com/article/fiscal-sponsorship-is-on-the-rise-allowing-groups-that-arent-nonprofits-to-accept-donations
    8. “FY2024 Impact Report.” Social Impact Commons. Accessed June 2, 2025.  https://www.socialimpactcommons.org/fy2024-impact-report
    9. Wrobel, Ben. “Introducing… Common Ground: The Future of Fiscal Sponsorship.” Proximate. March 2025. Accessed June 2, 2025. https://www.proximate.press/latest-stories/introducing-common-ground
    10. “Thaddeus Squire – Staff and Board.” Social Impact Commons. Accessed June 2, 2025. https://www.socialimpactcommons.org/staff-and-board
    11. “Neville Vakharia – Staff and Board.” Social Impact Commons. Accessed June 2, 2025. https://www.socialimpactcommons.org/staff-and-board
    12. “Social Impact Commons Inc – 2022 Federal Form 990.” ProPublica. Accessed June 2, 2025. https://projects.propublica.org/nonprofits/organizations/352599700/202421359349304742/full