Public Charity

NEW ROOTS FUND

NEW ROOTS FUND is a Public Charity headquartered in Auburn, WA. Financial data from the 2024 filing: $611K revenue, $582K expenses, $1.1M total assets. 1 publicly reported grants to this organization, totaling roughly $50K, appear in IRS filings.

EIN: 383885237 Auburn, WA Latest filing: 2024
Total Revenue$611K
Total Expenses$582K
Total Assets$1.1M
Grant Records1
Funding Total$50K
Filing Years2019–2024

Mission

The New Roots Fund helps low-income individuals, citizens and legal immigrants, to achieve economic self-sufficiency through business loans and technical business assistance. The NRF continues to run programs funded by the federal Office of Refugee Resettlement, King County, and Washington State to train refugees in business practices, support the development of business plans, and assist with capitalizing new or existing businesses through Individual Development Accounts (matched savings programs) and loans. The New Roots Fund helps refugees, asylees, and low-income individuals achieve economic self-sufficiency. The Fund accomplishes this by providing business capital and technical assistance. Formed in 2011 and associated with the Diocese of Olympia, NRF is an independent 501(c)3. Our mission is to create viable businesses in low income neighborhoods through a highly capable lending institution providing loans and business technical assistance.

Officers & Directors

~ Governor Antoinette Marasigan
~ Executive Director Greg Hope
~ Governor Joann Ware
~ Governor Mahnaz Eshetu
~ Board Chair Michael Blumson
~ Governor Patty Grossman

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL
$50,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $611K $582K $1.1M
2023 $504K $500K $946K
2022 $666K $663K $638K
2020 $460K $475K $1.1M
2019 $461K $434K $604K

Between 2019 and 2024, reported annual revenue grew from $461K to $611K (+33%), with total assets most recently reported at $1.1M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for NEW ROOTS FUND

Complete financials, all 1 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 498,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports
7-day free trial Cancel any time