NonprofitsNonprofit Finance Fund

Community Improvement

Nonprofit Finance Fund

NEW YORK, NY

Total revenue

$31.8M

Total expenses

$27.7M

Net assets

$84.3M

Grants received

$53.6M

124 grants

EIN

133238657

Tax year

2024

Mission

Nonprofit finance fund is a nonprofit lender, consultant, and advocate. For 45 years, we've helped organizations access the money and resources they need to realize their communities' aspirations. Alongside others, we're working to build community wealth and well-being and put affordable housing, essential services, quality jobs, and excellent education within reach of more people.

Financials

FY 2024

Revenue

Contributions & grants$16.4M
Program service revenue$14.4M
Investment income$921K
Other revenue$25K
Total revenue$31.8M

Expenses

Grants paid$1.1M
Salaries & benefits$16.0M
Fundraising$1.3M
Other expenses$10.6M
Total expenses$27.7M
Total assets$259.6M
Net assets$84.3M

People

27 listed

NameRoleCompensation

AISHA BENSON

CEO

Board

$414K

50 hrs/wk

BETH DOREIAN

CFO (THRU 11/15/24)

Board

$236K

50 hrs/wk

BHAVANI DARYANANI

INTERIM CFO EFFECTIVE 10/24

Board

$50K

50 hrs/wk

KRISTINA DIXON

BOARD TREASURER

Board

0.5 hrs/wk

LISA WILLIAMS

DIRECTOR

Board

0.5 hrs/wk

NEHA SHAH

DIRECTOR SINCE 12/24

Board

0.5 hrs/wk

NIKE IRVIN

DIRECTOR

Board

0.5 hrs/wk

PHILLIP CLAY

SECRETARY

Board

0.5 hrs/wk

ROB MCKAY

DIRECTOR

Board

0.5 hrs/wk

ALLYN MAXFIELD STEELE

BOARD MEMBER UNTIL 06/24

Board

0.5 hrs/wk

RODNEY FOXWORTH

BOARD MEMBER UNTIL 12/24

Board

0.5 hrs/wk

JOE SILVER

DIRECTOR

Board

0.5 hrs/wk

IVY DRAUGHAN

DIRECTOR

Board

0.5 hrs/wk

HASSAN KINGSBERRY

DIRECTOR

Board

0.5 hrs/wk

GREGORY ROBINSON

BOARD VICE CHAIR

Board

0.5 hrs/wk

GEORGETTE WONG

BOARD CHAIR

Board

0.5 hrs/wk

BRENDA LOYA

DIRECTOR

Board

0.5 hrs/wk

CHRIS IGLESIAS

DIRECTOR

Board

0.5 hrs/wk

KRIS PUTNAM-WALKERLY

DIRECTOR

Board

0.5 hrs/wk

BERIT ASHLA

ASSISTANT BOARD SECRETARY

Board

0.5 hrs/wk

JANALEE REED

CHIEF OPERATING OFFICER

Staff

$292K

50 hrs/wk

KRISTIN GIANTRIS

CHIEF OF CLIENT SERVICES

Staff

$273K

50 hrs/wk

JENNIFER TALANSKY

VP, MARKETING & COMMUNICATIONS

Staff

$237K

50 hrs/wk

ONIKA MAHABAL CHANGED NAME FROM ONI

VP, (FINANCING)

Staff

$207K

50 hrs/wk

JENNIFER KAWAR

VP, INVESTOR RELATIONS

Staff

$203K

50 hrs/wk

JESSICA LABARBERA

CHIEF OF STAFF

Staff

$200K

50 hrs/wk

DAVID STREIM

VP, FINANCING

Staff

$193K

50 hrs/wk

Independent contractors

MITCHELL & TITUS LLP

PREPARATION AND AUDIT

$160K

COHNREZNICK LLP

TAX PREPARATIONS AND AUDIT OF FINANICAL

$115K

ALICE ANTONELLI

CONSULTING

$114K

Grants received

Showing 124 of 124

FromAmountPurposeYear
$500K
TO SUPPORT A PROGRAM THAT WOULD ASSIST A COHORT OF COMMUNITY-DRIVEN AUDIOVISUAL PRESERVATION ORGANIZATIONS WITH DEVELOPING ADAPTABLE AND SUSTAINABLE BUSINESS MODELS
2024
$400K
NEWARK NONPROFIT CAPACITY ACCELERATOR 2.0
2024
$300K
BEACON NEW JERSEY
2024
$200K
OPERATING GRANT
2024
$50K
Program Grant
2024
$25K
COMMUNITY DEVEL
2024
$25K
CORE SUPPORT FOR ITS "STATE OF THE NONPROFIT SECTOR" SURVEY WHICH COLLECTS DATA FROM OVER 1,100 NONPROFIT LEADERS IN THE U.S., AND IS A WIDELY CITED BAROMETER OF US NONPROFITS' PROGRAMMATIC, OPERATIONAL, AND FINANCIAL HEALTH.
2024
$25K
COMMUNITY SERVICES
2024
$12K
TO SUPPORT A NEWARK FUNDER COLLECTIVE INITIATIVE
2024
$10K
STATE OF THE SECTOR SURVEY - GREATER PHILADELPHIA
2024
$5K
TO SUPPORT THE ORGANIZATION'S MISSION TO ACHIEVE COMMUNITIES' ASPIRATIONS THROUGH TAILORED CAPITAL, STRATEGIC ADVICE, AND ACCESSIBLE INSIGHTS.
2024
$5K
TO SUPPORT THE CHARITABLE MISSION OF THE RECIPIENT ORGANIZATION
2024
$3K
BLACK EQUITY COLLECTIVE
2024
$1.3M
CHAMPION HEALTH EQUITY
2023
$1M
TO SUPPORT A PROGRAM THAT WOULD ASSIST A COHORT OF COMMUNITY-DR.N AUDIOVISUAL PRESERVATION ORGANIZATIONS WITH DEVELOPING ADAPTABLE AND SUSTAINABLE BUSINESS MODELS
2023
$800K
NEWARK NONPROFIT CAPACITY ACCELERATOR 2.0
2023
$500K
TO SUPPORT AN ONGOING PARTNERSHIP BETWEEN THE FOUNDATION AND THE NONPROFIT FINANCE FUND (NFF) TO ADVANCE OUTREACH AND FINANCIAL TECHNICAL ASSISTANCE TO NONPROFITS LED BY AND SERVING PEOPLE OF COLOR IN NEW YORK CITY AND THE BAY AREA.
2023
$250K
For Workforce Development
2023
$150K
OVER TWO YEARS FOR GENERAL SUPPORT OF FINANCIAL SERVICES FOR NONPROFIT ORGANIZATIONS IN LOS ANGELES COUNTY
2023
$150K
PROGRAM/OPERATING SUPPORT
2023
$100K
SUPPORT FOR A JOINT RESEARCH PROJECT WITH THE BLACK EQUITY COLLECTIVE ON THE IMPACT OF BLACK-LED NONPROFIT ORGANIZATIONS
2023
$100K
IN SUPPORT OF CREATING ECONOMIC MOBILITY AND CAREER PATHWAYS
2023
$95K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$45K
Program Grant
2023
$15K
COMMUNITY DEVEL
2023
$10K
TO SUPPORT NONPROFIT LEADERSHIP DEVELOPMENT AND TRAINING IN NEWARK
2023
$8K
GENERAL OPERATING EXPENSES
2023
$5K
TO SUPPORT THE ORGANIZATION'S MISSION TO ACHIEVE COMMUNITIES' ASPIRATIONS THROUGH TAILORED CAPITAL, STRATEGIC ADVICE, AND ACCESSIBLE INSIGHTS.
2023
$2K
EQUITY AUDIT AND BUILDING OUT A DEIB FRAMEWORK
2023
$1.8M
CHAMPION HEALTH EQUITY
2022
$1.3M
GENERAL SUPPORT
2022
$931K
TO SUPPORT TECHNICAL ENHANCEMENT FOR THE SECOND COHORT OF THE FOUNDATION'S COMPREHENSIVE ORGANIZATIONAL HEALTH INITIATIVE FOR THE INTERNATIONAL ASSOCIATION OF BLACKS IN DANCE
2022
$250K
Metro Denver Nonprofit Loan Fund
2022
$100K
PROGRAM/OPERATING SUPPORT
2022
$100K
General Nonprofit Support
2022
$100K
SUPPORT GRANTEE'S WORK EXPLORING COMMUNITY COLLEGE BUSINESS MODELS AROUND NEW MODELS OF CAREER PREPARATION
2022
$81K
TO SUPPORT THE TECHNICAL ASSISTANCE COMPONENT OF THE LATINX THEATER INITIATIVE
2022
$60K
NEWARK NONPROFIT CAPACITY ACCELERATOR 2.0 PLANNING
2022
$35K
Program Grant
2022
$15K
COMMUNITY DEVELOPMENT
2022
$6K
GENERAL OPERATING SUPPORT
2022
$5K
TO SUPPORT THE PROFESSIONAL DEVELOPMENT OF NFF (A CURRENT GRANTEE AND STRATEGIC PARTNER) IN ATTENDING THE OPPORTUNITY FINANCE FUND CONFERENCE, THE LARGEST NATIONAL CDFI CONFERENCE IN THE COUNTY, IN NEW YORK FROM OCT 19 TO 21.
2022
$5K
TO SUPPORT THE ORGANIZATION'S MISSION TO ACHIEVE COMMUNITIES' ASPIRATIONS THROUGH TAILORED CAPITAL, STRATEGIC ADVICE, AND ACCESSIBLE INSIGHTS.
2022
$1K
GENERAL OPERATING SUPPORT
2022
$525K
NEWARK NONPROFIT CAPACITY ACCELERATOR
2021
$200K
HEALTH EQUITY GRANT
2021
$125K
FINANCE JUSTICE FUND SUBGRANT
2021
$100K
OVER TWO YEARS FOR GENERAL SUPPORT OF FINANCIAL SERVICES FOR NONPROFIT ORGANIZATIONS IN LOS ANGELES COUNTY
2021
$55K
BUILDING EQUITABLE PARTNERSHIPS: SUPPORTING CBO NETWORKS TO INTEGRATE WITH HEALTH CARE
2021
$30K
For recipient's exempt purpose
2021
$3K
SUPPORT FOR PARTICIPATION IN WEINGART FOUNDATION LEARNING MEETING/PO TRAINING
2021
$15M
HUMAN SERVICES
2020
$8.2M
COMMUNITY DEVELOPMENT
2020
$5M
General Support
2020
$650K
COMMUNITY & HUMAN SERVICES
2020
$550K
BAY AREA RACIAL EQUITY INITIATIVE - ADDRESSING HEALTH IN CALIFORNIA: TO SUPPORT AND STRENGTHEN COMMUNITY-CENTERED, BLACK-LED AND PEOPLE OF COLOR-RUN NONPROFIT ORGANIZATIONS IMPACTED BY COVID-19 WITH FINANCIAL MANAGEMENT TECHNICAL ASSISTANCE AND FLEXIBLE NO-COST LOAN CAPITAL TO IMPROVE COMMUNITY HEALTH IN THE SAN FRANCISCO BAY AREA.
2020
$475K
NEWARK NONPROFIT CAPACITY ACCELERATOR
2020
$425K
TO CONTINUE SUPPORT FOR ADMINISTRATION OF A RECOVERABLE NO-INTEREST LOAN PROGRAM FOR MELLON-SUPPORTED ARTS AND CULTURAL HERITAGE ORGANIZATIONS
2020
$333K
support internal training and practice enhancements in order to demonstrate how Community Development Financial Institutions may integrate racial equity analysis and practice into core operations that support economic justice and reduce inequities
2020
$325K
GENERAL SUPPORT; FOOD INSECURITY GRANT
2020
$270K
JCRIF ADMINISTRATION
2020
$250K
For administrative support for the NYC COVID 19 Response & Impact Fund to provide bridge financing and working capital to New York City nonprofits impacted by the coronavirus and to support and demonstrate their resiliency
2020
$250K
BUILDING NONPROFIT CAPACITY FOR HEALTH IN CALIFORNIA: TO SUPPORT YOUTH DEVELOPMENT ORGANIZATIONS TO BUILD THEIR ORGANIZATIONAL AND FINANCIAL CAPACITY TO SUSTAIN THEIR PRESENCE AND GROWTH AS A KEY MECHANISM FOR POSITIVE OUTCOMES FOR YOUTH AND IMPROVED HEALTH EQUITY ACROSS CALIFORNIA.
2020
$155K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$150K
SUPPORT GRANTEE'S WORK EXPLORING COMMUNITY COLLEGE BUSINESS MODELS AROUND NEW MODELS OF CAREER PREPARATION
2020
$140K
Enabling Partnerships to Build Cost- and Outcomes-Driven Results at Greater Scale, Phase 2
2020
$125K
PROMOTING HEALTH EQUITY IN CALIFORNIA THROUGH FLEXIBLE GRANTMAKING: TO INCREASE THE IMPLEMENTATION OF GENERAL OPERATING SUPPORT GRANTS AMONG GRANTMAKERS WORKING TO ADVANCE HEALTH EQUITY IN CALIFORNIA.
2020
$115K
to support financial sustainability technical assistance to non-profit organizations
2020
$100K
PROGRAM SUPPORT
2020
$100K
OVER TWO YEARS FOR GENERAL SUPPORT OF FINANCIAL SERVICES FOR NONPROFIT ORGANIZATIONS IN LOS ANGELES COUNTY
2020
$95K
COVID-19 Relief
2020
$92K
FOUNDATION GRANT - SPECIAL PROJECTS
2020
$78K
Fees and Technical Assistance for the Nonprofit Loan Fund
2020
$75K
TO SUPPORT GENERAL OPERATIONS, WHICH PROVIDES CAPITAL, STRATEGIC CONSULTING TO TRANSFORM THE FUNDING AND FINANCING LANDSCAPE FOR NONPROFITS
2020
$50K
GENERAL OPERATING
2020
$50K
IN GENERAL SUPPORT OF ITS MISSION TO PROVIDE NONPROFIT ORGANIZATIONS WITH ADVISORY SERVICES AND TOOLS TO UNDERSTAND THEIR FINANCIAL HEALTH, FINANCIALLY PROTECT THEMSELVES AND THEIR PROGRAMS, AND GROW STRATEGICALLY
2020
$40K
TO SUPPORT TECHNICAL ASSISTANCE FOR THE CONSERVATION CENTER COHORT OF THE COMPREHENSIVE ORGANIZATIONAL HEALTH INITIATIVE
2020
$29K
Capacity Building
2020
$27K
Program Grant
2020
$25K
Strategic Financial Management Coaching
2020
$10K
WORK TO PROVIDE VEHICLE DWELLERS (HOMELESS PEOPLE WHO SLEEP IN THEIR CARS) WITH SECURE OVERNIGHT PARKING, PORTABLE RESTROOMS, AND WASH STATIONS.
2020
$6K
OPERATING SUPPORT
2020
$750
IN SUPPORT OF RF DONATIONS TO CHARITABLE ORGANIZATIONS
2020
$633K
support internal training and practice enhancements in order to demonstrate how Community Development Financial Institutions may integrate racial equity analysis and practice into core operations that support economic justice and reduce inequities
2019
$625K
For grant recipient's exempt purposes
2019
$395K
General support
2019
$275K
HEALTH AND EDUCATION GRANT
2019
$215K
BENEFIT SUPPORT
2019
$72K
Nonprofit Sustainability
2019
$6K
GENERAL OPERATING SUPPORT
2019
$760K
NEWARK RESILIENCE INITIATIVE EXTENSION
2018
$300K
PREPARING COMMUNITY-BASED ORGANIZATIONS TO SUSTAINABLY PARTICIPATE IN MULTI-SECTOR COLLABORATIONS ADVANCING HEALTH AND PREVENTING DOMESTIC VIOLENCE
2018
$250K
For grant recipient's exempt purposes
2018
$250K
PROGRAM/OPERATING SUPPORT
2018
$200K
COMMUNITY INVESTMENT
2018
$200K
BUILDING NONPROFIT CAPACITY FOR HEALTH IN CALIFORNIA: TO SUPPORT YOUTH DEVELOPMENT ORGANIZATIONS TO BUILD THEIR ORGANIZATION AND FINANCIAL CAPACITY TO SUSTAIN THEIR PRESENCE AND GROWTH AS A KEY MECHANISM FOR POSITIVE OUTCOMES FOR YOUTH AND IMPROVED HEALTH EQUITY ACROSS CALIFORNIA.
2018
$150K
AIM HEALTHY - SUPPORTING PREVENTION-ORIENTED APPROACHES TO ADVANCE HEALTH: TO BUILD CAPACITY OF COMMUNITY BASED ORGANIZATIONS IN CALIFORNIA TO ADDRESS THE SOCIAL DETERMINANTS OF HEALTH THROUGH PREVENTION AND EARLY INTERVENTION APPROACHES IN HEALTH CARE AND HEALTH PLANS.
2018
$50K
TO SUPPORT SERIES OF FINANCIAL CAPACITY-BUILDING WORKSHOPS FOR ORGANIZATIONS IN THE BAY AREA, THAT WILL SPECIFICALLY TARGET ORGANIZATIONS LED BY PEOPLE OF COLOR
2018
$577K
Nonprofit Sustainability
2017
$200K
AIM HEALTHY - SUPPORTING PREVENTION-ORIENTED APPROACHES TO ADVANCE HEALTH: TO BUILD CAPACITY OF COMMUNITY BASED ORGANIZATIONS IN CALIFORNIA TO ADDRESS THE SOCIAL DETERMINANTS OF HEALTH THROUGH PREVENTION AND EARLY INTERVENTION APPROACHES IN HEALTH CARE AND HEALTH PLANS.
2017
$181K
COMMUNITY INVESTMENT
2017
$50K
TO PROVIDE TECHNICAL ASSISTANCE TO A COMMUNITY ANCHOR ORGANIZATION IN BAYVIEW HUNTERS POINT TO IMPROVE AND MANAGE ITS FINANCIAL AND PROGRAMMATIC CAPACITY, TO SUPPORT NONPROFIT FINANCE FUND AND ITS PARTNERSHIP WITH THE MISSION LANGUAGE & VOCATIONAL SCHOOL TO THE LAUNCH OF THE FIRST HALF OF A STRATEGIC FINANCIAL MANAGEMENT TECHNICAL ASSISTANCE PROCESS
2017
$500
UNRESTRICTED CONTRIBUTION
2017

Funded by

$53.6M from 56 funders · 124 grants · 2017–2024

National Philanthropic Trust

$15M · 1 grant · 2020

The Ford Foundation

$5.3M · 3 grants · 2020–2024

The Prudential Foundation

$3.3M · 7 grants · 2018–2024

The Colorado Health Foundation

$3.1M · 2 grants · 2022–2023

The Andrew W Mellon Foundation

$3.0M · 6 grants · 2020–2024

Cedars-Sinai Medical Center

$2.0M · 4 grants · 2019–2022

California Community Foundation

$2.0M · 5 grants · 2017–2023

Details

EIN133238657
NTEE codeS500
Subsection03
Ruling date1985-04
Formed1984
Employees112
Volunteers16
NONPROFIT FINANCE FUND — Mission, Financials & Grants Received | Grantivo