NonprofitsAccion Opportunity Fund Inc

Community Improvement & Capacity Building

Accion Opportunity Fund Inc

SAN JOSE, CA

Total revenue

$248K

Total expenses

$677K

Net assets

$4.5M

Grants received

$16.4M

60 grants

EIN

454127501

Tax year

2023

Mission

To assist in building world class microfinance institutions (see schedule o for continuation)in the united states to enhance economic development and individuals' self sufficiency through increasing access to credit and otherwise promoting financial inclusion and financial health through training and mentoring for members of low-to-moderate income communities.

Financials

FY 2023

Revenue

Contributions & grants$8K
Program service revenue
Investment income$240K
Other revenue
Total revenue$248K

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$677K
Total expenses$677K
Total assets$4.5M
Net assets$4.5M

People

24 listed

NameRoleCompensation

LUZ LOPEZ URRUTIA

CHIEF EXECUTIVE OFFICER

Board

3 hrs/wk

GREG AVIS

BOARD CHAIR

Board

1.5 hrs/wk

CARETHA COLEMAN

VICE CHAIR

Board

1.5 hrs/wk

MICKEY KONSON TO DEC 2023

DIRECTOR & SECRETARY

Board

1.5 hrs/wk

ESTEBAN ALTSCHUL

DIRECTOR

Board

1.5 hrs/wk

TODD BAKER

DIRECTOR

Board

1.5 hrs/wk

SWATI BHATIA

DIRECTOR

Board

1.5 hrs/wk

PHIL BLACK

DIRECTOR

Board

1.5 hrs/wk

DICKSON CHU

DIRECTOR

Board

1.5 hrs/wk

SOLANA COZZO

DIRECTOR

Board

1.5 hrs/wk

JONI CROPPER

DIRECTOR

Board

1.5 hrs/wk

DEBRA ENGEL

DIRECTOR

Board

1.5 hrs/wk

MADELEINE FACKLER

DIRECTOR

Board

1.5 hrs/wk

BRIAN GRAHAM

DIRECTOR

Board

1.5 hrs/wk

PARKER HUDNUT

DIRECTOR

Board

1.5 hrs/wk

LATA KRISHNAN

DIRECTOR

Board

1.5 hrs/wk

JUANITA LOTT

DIRECTOR

Board

1.5 hrs/wk

SAM RAMOS

DIRECTOR

Board

1.5 hrs/wk

MICHAEL SCHLEIN

DIRECTOR

Board

1.5 hrs/wk

DIANA TAYLOR

DIRECTOR

Board

1.5 hrs/wk

JIM KOSHLAND TO AUG 2023

DIRECTOR

Board

1.5 hrs/wk

DAVID COULTAS

EVP & CFO

Board

3 hrs/wk

MICHAEL RAPAPORT

PRESIDENT, COO

Board

1.5 hrs/wk

CHRISTOPHER PILKERTON

CHIEF LEGAL & REGULATORY STRATEGY OFFICER

Staff

0.25 hrs/wk

Grants received

Showing 60 of 60

FromAmountPurposeYear
$1.1M
COMMUNITY & HUMAN SERVICES
2024
$400K
Accion Opportunity Fund - Supporting Women Entrepreneurship
2024
$150K
To support general operations
2024
$85K
Community Development
2024
$26K
TO ASSIST IN BUILDING WORLD CLASS MICROFINANCE INSTITUTIONS, ENHANCE ECONOMIC DEVELOPMENT AND INDIVIDUALS' SELF SUFFICIENCY
2024
$25K
SEE STATEMENT A
2024
$8K
General charitable purposes
2024
$1K
General Unrestricted
2024
$1.7M
GENERAL SUPPORT
2023
$1.6M
PUBLIC, SOCIETAL BENEFIT
2023
$1.1M
COMMUNITY & HUMAN SERVICES
2023
$1.0M
For grant recipient's exempt purposes
2023
$1M
GENERAL OPERATIONS
2023
$600K
TO SUPPORT CHARITABLE PURPOSES
2023
$500K
GENERAL SUPPORT
2023
$300K
Strengthening Women's Entrepreneurship
2023
$250K
Community Development
2023
$100K
IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE
2023
$37K
GENERAL
2023
$25K
SEE STATEMENT A
2023
$25K
TO ASSIST IN BUILDING WORLD CLASS MICROFINANCE INSTITUTIONS, ENHANCE ECONOMIC DEVELOPMENT AND INDIVIDUALS' SELF SUFFICIENCY
2023
$10K
General charitable purposes
2023
$1K
SMALL BUSINESSES LOANS
2023
$1K
General Unrestricted
2023
$1.1M
COMMUNITY & HUMAN SERVICES
2022
$1M
GENERAL OPERATIONS
2022
$500K
PROGRAM ASSISTANCE
2022
$255K
For grant recipient's exempt purposes
2022
$250K
Strengthening Women's Entrepreneurship
2022
$100K
PUBLIC, SOCIETAL BENEFIT
2022
$100K
IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE
2022
$50K
GENERAL OPERATING SUPPORT.
2022
$50K
INSPIRE CREATIVITY, CURIOSITY, AND LIFELONG LEARNING.
2022
$25K
SEE STATEMENT A
2022
$20K
GENERAL
2022
$15K
COMMUNITY OUTREACH & ENRICHMENT PROGRAMS
2022
$10K
General charitable purposes
2022
$5K
GENERAL SUPPORT
2022
$4K
General Unrestricted
2022
$125
GENERAL SUPPORT
2022
$1.6M
PUBLIC, SOCIETAL BENEFIT
2021
$100K
SUPPORT ACCESS TO FINANCING FOR SMALL BUSINESSES BY PROVIDING LOAN CAPITAL.
2021
$64K
For grant recipient's exempt purposes
2021
$64K
For grant recipient's exempt purposes
2021
$25K
SEE STATEMENT A
2021
$15K
COMMUNITY OUTREACH & ENRICHMENT PROGRAMS
2021
$6K
PUBLIC, SOCIETAL BENEFIT
2021
$500K
Advancing Women's Entrepreneurship
2020
$144K
PROGRAM ASSISTANCE
2020
$50K
COMMUNITY & HUMAN SERVICES
2020
$50K
GENERAL CHARITABLE OPERATIONS
2020
$40K
GENERAL
2020
$10K
PUBLIC, SOCIETAL BENEFIT
2020
$50K
COMMUNITY & HUMAN SERVICES
2019
$50K
TO ASSISTS INNOVATORS IN IDENTIFYING, TESTING AND BRINGING TO SCALE PROMISING TECHNOLOGICAL INNOVATIONS THAT WILL IMPROVE FINANCIAL SERVICES BY HELPING PEOPLE INCREASE SAVINGS, IMPROVE CREDIT AND BUILD ASSETS.
2018
$50K
GENERAL SUPPORT
2018

Funded by

$16.4M from 29 funders · 60 grants · 2018–2024

Donor Advised Charitable Giving Inc

$3.3M · 4 grants · 2020–2023

Gs Donor Advised Philanthropy Fund

$3.3M · 6 grants · 2018–2024

Crankstart Foundation

$2M · 2 grants · 2022–2023

Pepsico Foundation Inc

$1.7M · 1 grant · 2023

The Coca-Cola Foundation Inc

$1.4M · 4 grants · 2020–2024

Fidelity Investments Charitable Gift Fund

$1.4M · 4 grants · 2021–2023

Accion International

$644K · 2 grants · 2020–2022

Krishnan-Shah Family Foundation Inc

$600K · 1 grant · 2023

Details

EIN454127501
NTEE codeS03
Subsection03
Ruling date2014-04
Formed2011
Employees0
Volunteers19
ACCION OPPORTUNITY FUND INC — Mission, Financials & Grants Received | Grantivo