Grantmaking public charity · EIN 27-3069592
50can Inc
Washington, DC
50can Inc is a public charity that makes grants based in Washington, DC. On its Form 990 (Schedule I) for tax year 2024, it reported $55M in grants paid across 197 grants, with $36.8M in total assets. Its largest grants went to Idea Public Schools, Kipp Nyc Public Schools and Success Academy.
How to request funding
Its Form 990 lists the grants it made but not how it chooses recipients. Check 50can Inc's website or contact it to ask whether it considers requests.
How it makes and monitors grants (Schedule I, Part IV)
In 2024, 50can partnered with bloomberg philanthropies for the third year as the fiscal sponsor of the summer boost program to address covid related learning loss in charter schools across the country. as the fiscal sponsor for the program, we entered into separate grant agreements with sub-grantees before distributing related funds. we require reporting on the use of funds and an update on programming from any and all sub-grantees. 50can, inc. has not historically made independent grants to other organizations unless 50can is part of the same project. all grantees must abide by the spending and reporting requirements listed in their grant agreements.
Grants as reported on its Form 990 for tax year 2024; the application guidance above is general for this type of funder. Requirements change; confirm with the organization before applying.
Mission
50can, inc. is a not-for-profit organization committed to building the future of american education by delivering on five core promises to the country's children.
As stated on its Form 990.
Largest grants, tax year 2024
Historical data · not a prediction| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| Idea Public Schools | Weslaco, TX | To Support Summer Boost | $2,266,000 |
| Kipp Nyc Public Schools | New York, NY | To Support Summer Boost | $1,920,000 |
| Success Academy | New York, NY | To Support Summer Boost | $1,744,577 |
| Riverwalk Education Foundation Inc (schools of Science and Technology) | San Antonio, TX | To Support Summer Boost | $1,722,240 |
| Friendship Public Charter School | Washington, DC | To Support Summer Boost | $1,707,200 |
| Basis San Antonio | San Antonio, TX | To Support Summer Boost | $1,209,640 |
| Texas Council for International Studies (old) | Dallas, TX | To Support Summer Boost | $1,141,396 |
| Jubilee Academic Center Inc | San Antonio, TX | To Support Summer Boost | $1,116,800 |
| Our World Neighborhood Charter Schools 2 | Astoria, NY | To Support Summer Boost | $950,000 |
| Gestalt Community Schools | Memphis, TN | To Support Summer Boost | $932,957 |
| Democracy Prep - Bronx Prep Charter School | New York, NY | To Support Summer Boost | $920,000 |
| Harlem Children's Zone Promise Academy | New York, NY | To Support Summer Boost | $916,800 |
| Classical Charter Schools | Bronx, NY | To Support Summer Boost | $838,400 |
| Dream Charter School | New York, NY | To Support Summer Boost | $794,880 |
| Compass Rose Education | San Antonio, TX | To Support Summer Boost | $698,720 |
| Baltimore Curriculum Project | Baltimore, MD | To Support Summer Boost | $695,470 |
| Cornerstone Prep | Memphis, TN | To Support Summer Boost | $635,642 |
| Legacy Traditional School (deleted) | San Antonio, TX | To Support Summer Boost | $631,200 |
| Compass Community Schools | Memphis, TN | To Support Summer Boost | $587,200 |
| Challenge Preparatory Charter School | Far Rockaway, NY | To Support Summer Boost | $572,240 |
| Rocketship Education Inc Rocketship Education | Redwood, CA | To Support Summer Boost | $560,000 |
| Somerset Academies of Texas | San Antonio, TX | To Support Summer Boost | $531,911 |
| Afya Baltimore Inc | Baltimore, MD | To Support Summer Boost | $528,000 |
| Beginning with Children Foundation Inc | Brooklyn, NY | To Support Summer Boost | $515,432 |
| Harmony Public Schools | Houston, TX | To Support Summer Boost | $494,200 |
The 25 largest of 197 grants listed on the return. Names and purposes as reported to the IRS.
Where its grants went
Quick answers
Does 50can Inc accept grant applications?
Its Form 990 lists the grants it made but not how it chooses recipients. Check 50can Inc's website or contact it to ask whether it considers requests. Form 990 does not report an application process, so confirm with the organization.
How much does 50can Inc give each year?
For tax year 2024, it reported $54,990,215 in grants paid (197 grants). Giving can change from year to year.
What organizations has 50can Inc funded?
Its largest grants in tax year 2024 went to Idea Public Schools (TX), $2.27M, Kipp Nyc Public Schools (NY), $1.92M, Success Academy (NY), $1.74M, Riverwalk Education Foundation Inc (schools of Science and Technology) (TX), $1.72M and Friendship Public Charter School (DC), $1.71M.