Funder Profile · Regionally Sourced

Co-Impact Grant Funding

Co-Impact pools capital from more than fifty funders to make large, flexible, multi-year grants for systems change. It does not currently accept unsolicited proposals — partners are sourced through regional teams.

A pooled fund, not a foundation

Co-Impact is a collaborative rather than an endowed foundation. More than fifty funders across sixteen countries put capital in; Co-Impact’s regional teams source and manage the partnerships. Founded in 2017, it says its two funds have mobilized over $910 million to more than 140 initiatives.

The structure explains the behaviour. A pooled vehicle exists to make commitments larger than its individual members would make alone, which pushes it toward fewer, bigger, longer relationships — and away from open application cycles, which are expensive to run and produce a pipeline poorly matched to that kind of commitment.

So the answer to the practical question is: no, you cannot apply. Co-Impact states that it does not currently accept unsolicited proposals.

Where the money is moving now

Two things changed in 2026. First, Co-Impact is adding money through named partnerships with specific scopes rather than open calls. The LEGO Foundation committed US$30 million in May for locally rooted and refugee-led organizations, and in September the two announced seven program partners in Kenya and Nigeria. In June, Pivotal committed $40 million for organizations integrating mental health into maternal and primary care. If your work sits inside one of those scopes, that is the sourcing channel to watch.

Second, the leadership is changing. Olivia Leland, who founded Co-Impact, steps down as CEO at the end of 2026 and moves to the board; President Awo Ablo takes over in January 2027.

The distinction that decides fit

Co-Impact funds systems change, and it means something specific by that. The target is how a public system functions — the policies, institutions and norms that determine outcomes for a whole population — not the delivery of a program operating alongside that system.

This is the filter that matters, and it eliminates a great many excellent organizations. A high-performing NGO running schools is delivering services. An organization changing how a national education ministry trains and deploys teachers is changing a system. Both are valuable; only the second matches this thesis.

If you are unsure which you are, the useful test is what happens if your organization disappears. If the improvement disappears with you, it was service delivery. If it persists inside the public system, it was systems change.

Co-Impact’s own home page names the kind of partner it means: Last Mile Health, CAMFED, TaRL Africa, Harambee, RySS and the GQUAL Campaign among them.

Who this is not for

Organizations outside Africa, Asia and Latin America. The geography is not flexible.

International intermediaries. The model centres locally-rooted organizations and, in the Gender Fund, predominantly women-led ones. Northern NGOs implementing in these regions are a different profile from the one Co-Impact is built around.

Anyone needing a decision this year. Sourcing is relationship-led and slow by design.

Smaller organizations. With more than $910 million mobilized across 140-odd initiatives, the typical commitment is large, which implies partners with the capacity to absorb it. At the other end of the scale, the Mulago Foundation backs leaders of smaller organizations with $200,000 unrestricted fellowships, by referral only, and the DRK Foundation takes applications year-round from early-stage organizations in Africa and India, among other places.

Where to check the filings

Co-Impact spent its first five years as a fiscally sponsored project of New Venture Fund, so its early finances are reported inside that organization’s returns. Its own U.S. public charity, Co-Impact Philanthropic Funds Inc. (EIN 88-2408684), was set up in April 2022, and the spin-off finished in 2023. That entity’s 2024 Form 990 reports $71.2 million in grants paid, $84.9 million in total expenses and $272.9 million in total assets at year end. More than half of its 2023 revenue of $360 million was the transfer of funds from New Venture Fund, so do not read it as one year’s fundraising.

A note on the numbers you will see quoted

Co-Impact is widely summarized secondhand, and the figures drift — including on its own site. When this page was last checked, in August 2026, the about page said $870 million mobilized; in October it says $910 million. The same page still carries an older block quoting $430 million, and the home page’s counter strip shows $420 million, 100 initiatives and ten funding partners across fifteen countries.

The “840 million people” figure that circulates is on the home page. It is a projection of people who will benefit, not a count of people reached. Grant-size ranges quoted elsewhere, including a “$10 million to $50 million per initiative” figure, are not published on Co-Impact’s funding pages, so this guide does not repeat them as fact.

The figures this page uses are the current about page’s: over $910 million mobilized, 140-plus initiatives, 50-plus funding partners from sixteen countries, and $1 billion to deploy by 2030.

Featured Programs

Programs Worth Knowing

Gender Fund

Co-Impact
Award
Multi-year flexible grants; the fund aims to raise and deploy $1 billion by 2030
Window
No open call — Co-Impact does not currently accept unsolicited proposals
Eligibility
Predominantly women-led, locally-rooted organizations in Africa, Asia and Latin America advancing gender equality and women's leadership across health, education and economic systems, and in the professional domains of law and economics.
Checked against the official listing · Oct 2026
Award
Multi-year flexible grants, plus support for strategy, learning and evaluation
Window
No open call — Co-Impact does not currently accept unsolicited proposals
Eligibility
Locally-rooted organizations delivering lasting change to health, education and economic systems in Africa, Asia and Latin America. Co-Impact's self-reported Candid profile says it is no longer fundraising for this fund.
Checked against the official listing · Oct 2026

How The Process Actually Runs

  1. Confirm you are in the geography

    Co-Impact funds Africa, Asia and Latin America. Organizations working elsewhere, including in the U.S. and Europe, are outside scope regardless of fit on every other dimension.

  2. Test whether your work is systems change or service delivery

    Co-Impact funds efforts to change how public systems function — not programs that deliver services alongside them. This distinction decides fit more than any other.

  3. Establish local rootedness and leadership

    Co-Impact funds locally-rooted and women-led organizations, and the Gender Fund's partners are predominantly women-led. International intermediaries running programs in these regions are a different profile.

  4. Build relationships with the regional teams

    Sourcing is regionally led. Visibility with Co-Impact's regional staff, its co-funders and existing program partners is the realistic route, since there is no form to submit.

  5. Watch for co-funded partnerships and episodic calls

    Co-Impact ran an open call for the Gender Fund in 2021, and new money now often arrives through named partnerships, such as the LEGO Foundation's in Kenya and Nigeria. Monitor its news page rather than assuming any listing that calls it open is current.

Go Deeper

Essential Resources

Frequently Asked Questions

Does Co-Impact accept unsolicited proposals?
No. Co-Impact states that it does not currently accept unsolicited proposals. Its grantmaking and sourcing are regionally led, with partners identified and approached through its own networks.
Has Co-Impact ever run an open call?
Yes, once that we can document. The Gender Fund ran a country-level open call in 2021, with concept notes due December 20, 2021, which is why some listings still describe Co-Impact as open. No open call is running as of October 2026, so treat any open-call listing as something to verify against Co-Impact's own site.
How much has Co-Impact deployed?
Co-Impact says its two funds have mobilized more than $910 million to over 140 initiatives, from more than fifty funding partners across sixteen countries. Its U.S. entity, Co-Impact Philanthropic Funds Inc., reported $71.2 million in grants paid in 2024 and $64.2 million in 2023 on its Form 990.
How big are individual grants?
Co-Impact does not publish a standard range on its main funding pages. The one published range we can source is from the Gender Fund's 2021 open call, which offered three grant types from $1 million to $20 million over three to six years. Treat any other figure you see quoted, including a "$10 million to $50 million per initiative" range that circulates widely, as unverified.
What is the difference between the two funds?
The Foundational Fund, Co-Impact's first, supports systems change in health, education and economic opportunity. The Gender Fund, launched in 2022, focuses on gender equality and women's leadership, including in the professional domains of law and economics, and aims to deploy $1 billion by 2030. Co-Impact's self-reported Candid profile says it is no longer fundraising for the Foundational Fund, and a January 2026 recruitment profile posted on its site says the Gender Fund had raised nearly $500 million.
What does "systems change" mean in practice here?
Shifting how a public system operates at scale — the policies, institutions and norms that determine outcomes for a population — rather than delivering a program that operates in parallel to it. Co-Impact funds organizations working with and on public systems.
Who leads Co-Impact?
Founder Olivia Leland has led it since 2017. She announced in April 2026 that she will step down as CEO at the end of 2026 and join the board, and President Awo Ablo becomes CEO in January 2027.
Who are Co-Impact's funders?
A collaborative of more than fifty funding partners from sixteen countries. Recent additions include the LEGO Foundation (a US$30 million partnership announced in May 2026), Pivotal (a $40 million women's mental health partnership, June 2026) and Minderoo Foundation (AUD 160 million, March 2025).

Stop Reading About Grants. Start Winning Them.

Search every open opportunity, get matched by eligibility, and track every deadline in one workspace.

Related Guides