IIF - Impact Innovation Foundation Inc

Where The Innovation Of One Changes The Lives Of Millions

GuideStar Charity Check

IIF - Impact Innovation Foundation Inc

EIN: 88-1212423


We believe that innovation is key to overcoming the biggest social challenges of our time. Our vision is to educate, guide, fund, and measure the social impact of thousands of social startups. Our mission is to accelerate the cycle of innovation and be the early funding needed to ensure social startups succeed in creating a scalable impact.

Ruling year info



Diane Tucker

Main address

440 N Barranca Ave Ste 4774x

Covina, CA 91723 USA

Show more contact info



Subject area info

Equal opportunity in education

Educational management

Elementary and secondary education

Climate change

Environmental education

Show more subject areas

Population served info


NTEE code info

Human Service Organizations (P20)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990-N.

Tax forms

Show Forms 990


Programs and results

What we aim to solve

SOURCE: Self-reported by organization

Social impact startups differ from traditional business ventures as they strive to make the world a better place through their business. Unfortunately, they face barriers that limit their success. Barrier 1: Stereotype There is a persistent idea that only nonprofits can and should solve pressing social issues. Barrier 2: Not Prepared Many social impact startups do not have a business plan or model, which in turn leads to running out of money for those able to secure funding. Barrier 3: No Access To Funding - Usually, impact investors seek more advanced businesses, deeming early-stage social enterprises as too risky. - In 2020, only 2% of all investable assets went to impact companies. - Grants and other public funding is extremely slow, with lengthy application, and reporting requirements that require inordinate amounts of time and resources for compliance. - Accelerator programs need to provide more than just pitch days and mentorship.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Business Education Program

We provide business and social impact education to innovators, entrepreneurs and social impact startups. Four times a year we run our live virtual course where we work with individuals to design and build the planning pieces of their business. The course is intended for those looking to start a social impact company or those who have recently started their own business and are in need of some direction. At the end of this course students will have their business mapped out in a detailed business plan to begin their implementation.

Population(s) Served
Ethnic and racial groups
Economically disadvantaged people
Immigrants and migrants
Self-employed people

We provide guidance and support to social impact startups for them go to market, gain traction, create revenue, and prove to future investors that they are not a risk; that they have the experience to manage people and a company with limited resources.

Our six-month fellowship is a continuation of our education program in that it equips and mentors qualified startups and their leaders. At the end of the fellowship, startups walk away with a 12-24 Month Startup Launch Packet customized to their business that provides a detailed weekly guide or roadmap on how to take their business plan and officially launch into the market to begin building traction and create revenue. Prerequisite: Complete our Virtual Education Cohort or submit a completed business plan when applying.

Population(s) Served
Ethnic and racial groups
Economically disadvantaged people
Immigrants and migrants
Self-employed people

Social startups can apply for grants, no interest loans, and investments to secure early-stage capital to officially launch, build traction, and begin generating revenue. We combine customized research projects with awards of $50k or greater to document and track the impact of the business.

Population(s) Served
Economically disadvantaged people
Immigrants and migrants
Self-employed people
Ethnic and racial groups
Economically disadvantaged people
Immigrants and migrants
Self-employed people
Ethnic and racial groups

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of new grants received

This metric is no longer tracked.
Totals By Year
Type of Metric

Input - describing resources we use

Direction of Success

Holding steady

Context Notes

We are starting to apply for grants and raise funds Summer of 2023

Number of people trained

This metric is no longer tracked.
Totals By Year
Related Program

Business Education Program

Type of Metric

Output - describing our activities and reach

Direction of Success

Holding steady

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.


We provide the guidance, support, education, and early-stage funding for social impact startups to go to market, gain traction, create revenue, and prove to future investors that they are not a risk; that they have the experience to manage people and a company with limited resources.

Our strategy is to focus on the five following social impact areas:

1. Climate Change
It is time to get innovative with how to improve climate change to impact the whole world.

2. Education
Focus Areas:
• 21st Century Education
• Quality Education

3. Health
Focus Areas:
• Med-Tech
• Emerging Health Innovations 

4. Technology for Human Betterment
Focus Areas:
• Emerging Innovations
• Artificial Intelligence
• XR / VR
• Web3
• Spatial Computing

5. Mental Health (Youth)
We are looking for innovations that will support our youth in the area of mental health.

Within these 5 social impact areas we will have our 3 programs:
1. Education Program
2. Business Fellowship Program
3. Impact Innovation Program
(View Our Program Area For More Information)

Within our Innovation Fund & Research Program, IIF has partnered with GatherVerse Ventures to create the Human Capital Initiative (HCI). Collaboration is key in making an impactful and global change. HCI is critical in expanding IIF’s reach in supporting and empowering social impact startups and organizations around the world. HCI is comprise of 2 parts:

Human Capital Community
A community of nonprofits working toward a common goal of providing services, education, and support to startups focused on using technology for the betterment of humankind.

Human Capital Fund
• Provides capital to social impact startups & NGOs
• Allows Leading Nonprofits to provide education and fellowships to startups & NGOs
• Covers the management of HCI

The Human Capital Fund of Impact Innovation Foundation (IIF) aims to raise over $300,000,000 for the first three years to address the urgent and complex challenges faced by social impact startups and organizations worldwide. This substantial funding is crucial to support the growth, scalability, and sustainability of these ventures, enabling them to develop innovative solutions and make a lasting impact on society.

By raising $300,000,000, we can provide financial resources, fellowships, and educational opportunities to empower social impact startups and organizations, fostering a culture of innovation and driving meaningful change across critical areas such as climate change, education, technology, youth empowerment, and the metaverse. Your support in reaching this ambitious fundraising goal will catalyze a wave of positive transformation, amplifying the efforts of social impact entrepreneurs and creating a better future for generations to come.

IIF's Capabilities for Leading and Achieving Our Goals

1. Extensive Experience: Lead by a team with years of experience in the social impact sector, Impact Innovation Foundation (IIF) has developed deep expertise in supporting and empowering social impact startups and organizations. Our leader's individual track records of successful programs and initiatives demonstrates our ability to effectively address complex social challenges.

2. Strategic Vision: IIF possesses a strategic vision that aligns with the goals of the Human Capital Fund. We understand the importance of providing financial resources, mentorship, and educational opportunities to social impact startups and organizations, enabling them to scale their solutions and create meaningful change.

3. Global Network: Our extensive network of subject matter experts, visionaries, and strategic partners from around the world allows us to access a wide range of resources and opportunities. This network provides valuable insights, connections, and support to the startups and organizations we work with, maximizing their potential for success.

4. Collaborative Approach: IIF believes in the power of collaboration and actively seeks partnerships with stakeholders who share our commitment to social impact. By bringing together diverse perspectives and expertise, we create an ecosystem that fosters innovation, learning, and mutual support.

5. Robust Resource Management: IIF is committed to efficient and effective resource management. We ensure that every dollar entrusted to us is utilized with integrity and transparency, maximizing its impact in supporting social impact startups and organizations.

6. Adaptive and Agile: The ever-evolving landscape of social impact requires adaptability and agility. IIF stays abreast of emerging trends, technologies, and best practices, allowing us to adapt our strategies and approaches to meet the evolving needs of the startups and organizations we support.

7. Impact Measurement and Evaluation: IIF recognizes the importance of measuring and evaluating the impact of our programs and initiatives. We employ rigorous impact assessment frameworks to monitor progress, learn from successes and challenges, and continually improve our strategies and interventions.

8. Commitment to Diversity and Inclusion: IIF is dedicated to fostering diversity, inclusion, and equity within our organization and the social impact ecosystem. By embracing diverse perspectives and experiences, we ensure that our efforts are truly representative and address the needs of diverse communities.

With these capabilities, Impact Innovation Foundation is well-positioned to lead and achieve the goals of the Human Capital Fund. Through our expertise, strategic vision, collaborative approach, and commitment to impact, we are confident in our ability to empower social impact startups and organizations, enabling them to make a lasting difference in the world.

We are currently raising funds to begin our mission and work in 2024.

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

    To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To identify where we are less inclusive or equitable across demographic groups, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals

  • Which of the following feedback practices does your organization routinely carry out?

    We collect feedback from the people we serve at least annually, We tell the people who gave us feedback how we acted on their feedback, We ask the people who gave us feedback how well they think we responded

  • What challenges does the organization face when collecting feedback?


IIF - Impact Innovation Foundation Inc

Financial data

SOURCE: Self-reported by organization

IIF - Impact Innovation Foundation Inc

Revenue & expenses

Fiscal Year: 2022

SOURCE: Self-reported by organization

Contributions, Grants, Gifts $600
Program Services $0
Membership Dues $0
Special Events $0
Other Revenue $0
Total Revenue $600
Program Services $0
Administration $0
Fundraising $0
Payments to Affiliates $0
Other Expenses $0
Total Expenses $5,715

IIF - Impact Innovation Foundation Inc

Balance sheet

Fiscal Year: 2022

SOURCE: Self-reported by organization

Total Assets $0
Total Liabilities $0
Fund balance (EOY)
Net Assets $0


The people, governance practices, and partners that make the organization tick.

Form 1023/1024 is not available for this organization


Diane Tucker

Over the past 15 years Diane has become an expert in scaling and designing business operations across various industries. Led by a heart of compassion and positive attitude, Diane builds and mentors teams that have fun while taking companies to the next level. Her knowledge is paramount in creating the necessary platforms that enable the ability to create streamlined processes and exceptional storytelling that builds branding and creates partner relationships to expand business ventures. Diane is one of the most reliable collaborators in the technology, education, and entertainment industries.

There are no officers, directors or key employees recorded for this organization

There are no highest paid employees recorded for this organization.

IIF - Impact Innovation Foundation Inc

Board of directors
as of 08/16/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Diane Tucker

IIF - Impact Innovation Foundation

Term: 2022 -

Bethany Stasko

Tracey Serio

Jason Weil

Chisom Shitanishi

Diane Tucker

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Not applicable

Organizational demographics

SOURCE: Self-reported; last updated 8/16/2023

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.


The organization's leader identifies as:

Race & ethnicity
Black/African American
Gender identity
Female, Not transgender (cisgender)
Sexual orientation
Heterosexual or straight
Disability status
Person with a disability

Race & ethnicity

Gender identity


Sexual orientation

No data


Equity strategies

Last updated: 06/23/2023

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

  • We review compensation data across the organization (and by staff levels) to identify disparities by race.
  • We ask team members to identify racial disparities in their programs and / or portfolios.
  • We analyze disaggregated data and root causes of race disparities that impact the organization's programs, portfolios, and the populations served.
  • We disaggregate data to adjust programming goals to keep pace with changing needs of the communities we support.
  • We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.
  • We disaggregate data by demographics, including race, in every policy and program measured.
  • We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.
Policies and processes
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We have community representation at the board level, either on the board itself or through a community advisory board.
  • We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
  • We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.