Funder DirectoryCOMMUNITY REINVESTMENT FUND INC
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Grantmaking public charityEIN 411616861

COMMUNITY REINVESTMENT FUND INC

MINNEAPOLIS, MN 55402

Total Assets

$190.0M

FY 2023

Annual Giving

$317K

FY 2023

Grants Made

9

FY 2023

Avg Grant

$35K

FY 2023

Grant Range

Typical

Deadlines

Applications

Programs & Activities

Program 1

$3.7M

Technology solutions - crf offers technology solutions that support and enable access to affordable and responsible small business financing and improve the efficiency and scalability of mission-based lenders. These solutions are critical to many public-private partnerships across the country, as well as partnerships between traditional banks and cdfis. During the fiscal year 2024, crf facilitated the origination of approximately 973 loans totaling 85.4 million.

Program 2

$3.8M

Loan servicing and fund administration - crf is a national loan servicer and fund administrator that specializes in providing high-touch, customized service. With more than 20 years of experience, crf focuses on providing servicing and administration for mission-aligned organizations with a variety of asset types including commercial real estate, community facilities, residential mortgages, equipment, and others. During the 2024 fiscal year, crf provided third party loan servicing support for 29 community development lenders with volume of approximately 2,476 loans totaling $94.1 million. During the 2024 fiscal year, crf provided administration for more than 5 funds with asset totaling more than $104.6 million.

Focus Areas

Community Improvement

Financial Snapshot

2023 filing

Total Revenue

$35.7M

Total Expenses

$32.8M

Giving Over Time

7 years

Giving over time from 2017 to 2023. Peak $3.4M in 2020. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

57 grants

Grant Size Distribution

57 grants

<$10K
3
grants
$10–50K
50
grants
$50–250K
2
grants
$250K–1M
1
grants
$1–5M
1
grants
$5M+

Geographic Focus

12 states

New York
$3.4M
64% of total
Minnesota
$1.0M
19% of total
Michigan
$597K
11% of total
Texas
$70K
1% of total
Arkansas
$70K
1% of total
Wyoming
$36K
1% of total
Florida
$35K
1% of total
Georgia
$35K
1% of total
Tennessee
$35K
1% of total
West Virginia
$35K
1% of total

+2 more states

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