NonprofitsLiftfund Inc

Community Improvement & Capacity Building

Liftfund Inc

SAN ANTONIO, TX

Total revenue

$22.1M

Total expenses

$27.1M

Net assets

$32.9M

Grants received

$26.8M

117 grants

EIN

742712770

Tax year

2024

Mission

Liftfunds mission is to transform lives by offering financial resources and support services designed to promote economic empowerment and uplift entrepreneurs, small businesses, their neighbors and surrounding communities.

Programs

1 program

During the year ended december 31, 2024, liftfund worked with several cities, counties, municipalities and foundations to help distribute grants as a subrecipient to small businesses throughout the year. Liftfund awarded 248 grants to various small businesses throughout the communities we serve amounting to over $2.7 million in business support funding.

Expenses: $2.7MGrants: $2.7M

Financials

FY 2024

Revenue

Contributions & grants$8.0M
Program service revenue$13.1M
Investment income$970K
Other revenue$46K
Total revenue$22.1M

Expenses

Grants paid$2.7M
Salaries & benefits$10.4M
Fundraising$1.5M
Other expenses$13.9M
Total expenses$27.1M
Total assets$103.0M
Net assets$32.9M

People

22 listed

NameRoleCompensation

AMY HEREFORD

President & CEO

Board

$291K

50 hrs/wk

JIMMIE KEENAN

Director

Board

1 hrs/wk

YOLANDA DAVILA

Director

Board

1 hrs/wk

JEFF BROUILLARD

Chairman

Board

1 hrs/wk

RHONDA MCGOWN

Director

Board

1 hrs/wk

JOHN CHAMBERLAIN

Secretary

Board

1 hrs/wk

JAMES DREIBELBIS

VICE CHAIR

Board

1 hrs/wk

VIKRAM S BAJAJ

Director

Board

1 hrs/wk

RAMIRO CAVAZOS

Director

Board

1 hrs/wk

MICHELE HOSKINS PHD

Director

Board

1 hrs/wk

STEVEN LACKOWSKI

Treasurer

Board

1 hrs/wk

WILLIAM MOLL

Director

Board

1 hrs/wk

ANA RODRIGUEZ

Director

Board

1 hrs/wk

BRANDI CARBERRY-VITIER

Director

Board

1 hrs/wk

RICHARD PEREZ

Director

Board

1 hrs/wk

ROLANDO G BARRERA

Director

Board

1 hrs/wk

TREY SADIQ

Director

Board

1 hrs/wk

ADRIAN GONZALEZ

CHIEF CDC. OFCR

Staff

$216K

50 hrs/wk

CHRISTOPHER S ALLEN

SVP SBA 504

Staff

$210K

50 hrs/wk

ADAM HENSON

COO & CFO

Staff

$194K

50 hrs/wk

DUANGKAMOL THEPUATRAKUL

CHIEF TECH OFCR

Staff

$184K

50 hrs/wk

JORGE SERRANO

VP SBA 504

Staff

$173K

50 hrs/wk

Independent contractors

OVEANA LLC

CONSULTING SERVICES

$507K

PORTICO REI LLC

FINANCE

$312K

TXC TEXAS CREATIVE LLC

MARKETING

$293K

STARKWEATHER LAW OFFICE

LEGAL

$126K

Grants received

Showing 117 of 117

FromAmountPurposeYear
$546K
GENERAL SUPPORT
2024
$200K
OPERATING GRANT
2024
$90K
EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
2024
$80K
SMALL BUSINESS/FINANCIAL CAPABILITY
2024
$44K
PROGRAM SUPPORT
2024
$10K
EL PASO READY, SET, LAUNCH
2024
$5K
UNRESTRICTED GENERAL SUPPORT
2024
$740K
GENERAL SUPPORT
2023
$425K
GENERAL OPERATING
2023
$250K
CHARITABLE DONATION
2023
$165K
EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
2023
$100K
PROGRAM/OPERATING SUPPORT
2023
$100K
Jobs and Family Economic Security
2023
$75K
Generational Learning
2023
$55K
GENERAL SUPPORT
2023
$50K
DREAM MAKERS FUND FOR MINORITY WOMEN-OWNED SMALL BUSINESSES
2023
$50K
Local grants for minority or women owned small businesses
2023
$40K
FINANCIAL CAPABILITY
2023
$40K
Grow Now with Contracting Program
2023
$30K
PROGRAM/OPERATING SUPPORT
2023
$25K
PUBLIC, SOCIETAL BENEFIT
2023
$25K
Grow Smart: From Hobby to Storefront
2023
$22K
For grant recipient's exempt purposes
2023
$9K
HELP START UPS WITH FUNDING, TOOLS, AND RESOURCES
2023
$8K
Latina Small Business Recovery Program
2023
$6K
GROW NOW NEW MEXICO SMALL BUSINESS SERIES
2023
$5K
Program Support
2023
$5K
Economic Development - El Paso Small Business Resiliency Program.
2023
$830K
CHARITABLE DONATION
2022
$541K
GENERAL SUPPORT
2022
$390K
GENERAL SUPPORT
2022
$250K
OFN CDFI TECH GRANT PROGRAM SUPPORTED BY GOOGLE.ORG
2022
$175K
2022 RENEWABLE ENERGY EFFICIENT GRANT
2022
$100K
strengthen low-income, BIPOC, and women-owned microbusinesses in Dona Ana County, New Mexico by increasing access to capital, providing technical assistance, and building strong community partnerships
2022
$100K
Generational Learning
2022
$75K
EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
2022
$75K
EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
2022
$56K
BASIC NEEDS
2022
$50K
GENERAL SUPPORT
2022
$50K
PROGRAM/OPERATING SUPPORT
2022
$50K
SUPPORT MAKERS FUND FOR MINORITY WOMEN-OWNED SMALL BUSINESSES
2022
$32K
SUPPORT WOMEN OF COLOR CAPITAL READINESS
2022
$30K
PUBLIC, SOCIETAL BENEFIT
2022
$25K
PROGRAM/OPERATING SUPPORT
2022
$20K
GENERAL/OPERATING
2022
$7K
For grant recipient's exempt purposes
2022
$417K
IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION
2021
$250K
OFNS SMALL BUSINESS GRANT PROGRAM FUNDED BY GOOGLE.ORG
2021
$100K
SUPPORT WOMEN'S DREAM MAKERS FUND
2021
$95K
provide culturally tailored business outreach and programming to BIPOC and women of color entrepreneurs in Dona Ana County while also helping these small and micro business owners recover and achieve success through access to capital
2021
$63K
BASIC NEEDS
2021
$50K
Women of Color Resiliency Fund and Comerica Business $ense Bootcamp
2021
$30K
GENERAL SUPPORT
2021
$27K
For grant recipient's exempt purposes
2021
$27K
For grant recipient's exempt purposes
2021
$10.0M
For grant recipient's exempt purposes
2020
$1.6M
THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT.
2020
$1.3M
GRANT TO SUPPORT COVID-19 EFFORTS FOR SMALL BUSINESSES IN TX, NM, OK, AR, LA, AL, GA, FL, SC, TN AND KY.
2020
$500K
COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS INITIATIVE
2020
$417K
IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION
2020
$400K
TO SUPPORT TECHNOLOGY, STAFF, AND OTHER STRATEGIES FOR INCREASING CAPACITY TO TRACK DATA AND DELIVER INNOVATIVE PRODUCTS
2020
$255K
FINANCIAL SECURITY / FSPS
2020
$125K
POWERUP FUND
2020
$116K
SUPPORTING THE RECOVERY FOR OUR SMALL BUSINESS COMMUNITY
2020
$105K
provide culturally tailored business outreach and programming to BIPOC and women of color entrepreneurs in Dona Ana County while also helping these small and micro business owners recover and achieve success through access to capital
2020
$90K
EMERGENCY BUSINESS ASSISTANCE GRANT
2020
$75K
EQUALITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
2020
$50K
COVID-19 Relief Grants
2020
$50K
Texas 2020 Small Business Relief Fund
2020
$50K
Texas 2020 Small Business Relief Fund
2020
$35K
GENERAL SUPPORT
2020
$30K
TO PROVIDE GENERAL OPERATING AND COVID-19 RELIEF
2020
$26K
TBA UNITY GRANT FUND
2020
$15K
Small Business
2020
$10K
UNRESTRICTED GENERAL SUPPORT
2020
$10K
FOR GENERAL OPERATING EXPENSES
2020
$3K
MOODY BANK
2020
$2K
RECOGNITION FOR SUBMITTING NOLA NEXTGEN APPLICATION
2020
$500
FOR THE GENERAL BENEFIT OF THE CHARITY
2020
$350
FOR GENERAL PURPOSES
2020
$950K
THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT.
2019
$567K
IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION
2019
$50K
For grant recipient's exempt purposes
2019
$25K
PROGRAM COSTS
2019
$20K
OPERATIONAL SUPPORT
2019
$500
OPERATIONAL SUPPORT
2019
$200
GENERAL OPERATING SUPPORT
2019
$52K
For grant recipient's exempt purposes
2018
$50K
PROGRAM/OPERATING SUPPORT
2018
$20K
OPERATIONAL SUPPORT
2018
$11K
PUBLIC, SOCIETAL BENEFIT
2018
$10K
Financial Initiatives
2018
$1K
GENERAL OPERATING SUPPORT
2018
$76K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017
$54K
SMALL BUSINESS LENDING
2017
$10K
SOCIAL SERVICES/SOCIAL BENEFITS
2017

Funded by

$26.8M from 50 funders · 117 grants · 2017–2024

Fidelity Investments Charitable Gift Fund

$10.3M · 8 grants · 2017–2023

Communities Foundation Of Texas Inc

$2.5M · 2 grants · 2019–2020

San Antonio Area Foundation

$1.9M · 4 grants · 2020–2024

Jpmorgan Chase Foundation

$1.4M · 5 grants · 2018–2021

The Goldman Sachs Foundation

$1.3M · 1 grant · 2020

Charities Aid Foundation America

$1.1M · 2 grants · 2022–2023

National Association For Latino

$1.0M · 4 grants · 2019–2024

Opportunity Finance Network

$875K · 4 grants · 2021–2024

Details

EIN742712770
NTEE codeS43
Subsection03
Ruling date1994-12
Formed1994
Employees103
LIFTFUND INC — Mission, Financials & Grants Received | Grantivo