Public Charity

ROOTS FUND INC

ROOTS FUND INC, of STAMFORD, CT, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $303K in revenue, $342K in expenses, $6K in total assets. 11 publicly reported grants to this organization, totaling roughly $283K, appear in IRS filings.

EIN: 852112719 STAMFORD, CT Latest filing: 2024
Total Revenue$303K
Total Expenses$342K
Total Assets$6K
Grant Records11
Funding Total$283K
Filing Years2020–2024

Mission

THE ROOTS FUND WAS CREATED TO EMPOWER COMMUNITIES OF COLOR BY PROVIDING RESOURCES AND FINANCIAL SUPPORT THROUGH EDUCATIONAL SCHOLARSHIPS, WINE EDUCATION, MENTORSHIP, AND CAREER PLACEMENT. THE ROOTS FUND IS COMMITTED TO INVESTING IN COMMUNITIES OF COLOR TO PROVIDE OPPORTUNITIES TO THOSE SEEKING A CAREER/EDUCATION IN ALL ASPECTS OF WINE.

Officers & Directors

TREASURER Carlton Mccoy Jr
EXECUTIVE DIRECTOR Ikimi Woodson
DIRECTOR Jeremy Seysses
SECRETARY Michelle Michon
DIRECTOR Santosh Varghese

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL OPERATING SUPPORT
$104,813 1 grant
Scholarship support
$80,000 1 grant
EDUCATION
$28,100 3 grants
GENERAL SUPPORT
$19,223 1 grant
SPONSORSHIP
$13,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $303K $342K $6K
2023 $872K $943K $125K
2022 $1.0M $1.1M $135K
2021 $417K $494K $165K
2020 $274K $70K $205K

Between 2020 and 2024, reported annual revenue grew from $274K to $303K (+10%), with total assets most recently reported at $6K.

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

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