NonprofitsReinvestment Fund Inc

Community Improvement & Capacity Building

Reinvestment Fund Inc

PHILADELPHIA, PA

Total revenue

$56.5M

Total expenses

$49.6M

Net assets

$284.7M

Grants received

$55.8M

63 grants

EIN

232331946

Tax year

2024

Mission

The reinvestment fund, inc. Creates opportunity for underserved people and places through partnerships. It marshals the capital, analytics, and expertise necessary to build strong, healthy, and more equitable communities.

Programs

3 programs

Policy solutions: conducts policy, data analysis and social impact analyses that advance reinvestment fund, inc.'s mission and effect system change, on behalf of reinvestment fund, inc. As well as public and philanthropic clients. In 2024, an analysis in d.c. Of early childcare education supply, demand, and shortage was released, a community of practice convened in jacksonville, fl, a critical evaluation of affordable housing in philadelphia was commissioned and utilized by the city, and the first market value analysis for the city of atlanta and the atlanta metro area was released.

Expenses: $2.6M

Capacity building & capital access: uses grants and technical assistance to make access to capital more equitable for low-wealth individuals and communities, particularly in the areas of early childhood education, food and social determinants of health, and hbcus. In 2024, the organization provided over $41 million in grants and technical assistance. The organization celebrated 10 years of the fund for quality in philadelphia which is a partnership with public health management corporation and funding from the william penn foundation, and vanguard strong start for kids program.

Expenses: $15.2MGrants: $10.1M

Sustainable development fund ("sdf"): represents an energy-related fund that uses loans, investments and grants to augment the organization's existing energy conservation and community investing efforts. Sdf was created by the parties to the peco energy company ("peco energy") restructuring and approved by the pennsylvania public utility commission ("puc") in may 1998.

Expenses: $568KGrants: $275K

Financials

FY 2024

Revenue

Contributions & grants$14.4M
Program service revenue$36.8M
Investment income$4.9M
Other revenue$281K
Total revenue$56.5M

Expenses

Grants paid$10.4M
Salaries & benefits$17.0M
Fundraising$295K
Other expenses$22.2M
Total expenses$49.6M
Total assets$698.4M
Net assets$284.7M

People

31 listed

NameRoleCompensation

DONALD HINKLE-BROWN

PRESIDENT & CEO

Board

$649K

37.5 hrs/wk

CHEILA FERNANDEZ

COO & CORPORATE SECRETARY

Board

$490K

37.5 hrs/wk

KAREEM THOMAS

CHIEF CREDIT OFFICER

Board

$391K

37.5 hrs/wk

CHRISTINA SZCZEPANSKI

PRESIDENT, LENDING & INVES

Board

$342K

37.5 hrs/wk

AMANDA HIGH

OUTGOING-CSO

Board

$289K

37.5 hrs/wk

TIFFANY CANADY

CHIEF FINANCIAL OFFICER

Board

$271K

37.5 hrs/wk

RHONDA SMITH

ASSISTANT CORPORATE SECRET

Board

$107K

37.5 hrs/wk

CYNTHIA FIGUEROA

BOARD MEMBER

Board

1.5 hrs/wk

WENDELL PRITCHETT

BOARD MEMBER

Board

1.5 hrs/wk

DANIEL HAYES

BOARD MEMBER

Board

2 hrs/wk

DUDLEY BENOIT

BOARD MEMBER, FINANCE COMM

Board

2 hrs/wk

LISA DETWILER

BOARD MEMBER, AUDIT COMMITTEE CHAIR

Board

2 hrs/wk

IVY DENCH-CARTER

BOARD MEMBER

Board

1.5 hrs/wk

KATHERINE O'REGAN

BOARD MEMBER, POLICY ADVISORY CHAIR

Board

1.5 hrs/wk

MARLAND BUCKNER

BOARD MEMBER

Board

2 hrs/wk

MELISSA WEILER GERBER

BOARD MEMBER

Board

1.5 hrs/wk

MICHAEL DAVIS

BOARD MEMBER, GOVERNANCE C

Board

2 hrs/wk

PHYLLIS CATER

BOARD MEMBER, COMMUNITY ADVISORY CHAIR

Board

1.5 hrs/wk

RAQUEL FAVELA

BOARD MEMBER

Board

1.5 hrs/wk

RAYMOND SKINNER

BOARD MEMBER, LOAN COMMITT

Board

2.5 hrs/wk

SANDEEP WADHWA

BOARD MEMBER

Board

1.5 hrs/wk

SAUL BEHAR

BOARD CHAIR, COMPENSATION

Board

3 hrs/wk

VICKI LUNDY-WILBON

BOARD MEMBER

Board

1.5 hrs/wk

IRA GOLDSTEIN

SENIOR ADVISOR, POLICY SOL

Staff

$291K

37.5 hrs/wk

SARA VERNON STERMAN

CHIEF PROGRAMS OFFICER

Staff

$287K

37.5 hrs/wk

TIFFANY PATTERSON

CC & MISSION OFFICER

Staff

$279K

37.5 hrs/wk

ROBERT COX

MD, COMMUNITY LENDING

Staff

$271K

37.5 hrs/wk

TRACY MURRAY MOORE

CHIEF HUMAN RESOURCES OFFI

Staff

$269K

37.5 hrs/wk

EMILY DOWDALL

PRESIDENT, POLICY SOLUTION

Staff

$241K

37.5 hrs/wk

TROY SPENCE

MD, RISK AND COMPLIANCE

Staff

$231K

37.5 hrs/wk

CHARLES LICHTENWALNER

MD, INFORMATION TECHNOLOGY

Staff

$220K

37.5 hrs/wk

Independent contractors

MORGAN LEWIS & BOCKIUS LLP

LEGAL

$334K

COMPUTER DESIGN & INTEGRATION LLC

IT INFRASTRUCTURE/ CONSULTANT

$273K

ELIASSEN GROUP LLC

PROJECT MANAGER CONSULTANT

$251K

COHN REZNICK LLP

AUDITING/ TAX SERVICES

$242K

DIANE Z LACOSTA

OPERATIONS AND COMPLIANCE CONSULTANT

$215K

Grants received

Showing 63 of 63

FromAmountPurposeYear
$450K
PROJECT SUPPORT TO AID THE LONG-TERM FINANCIAL SUSTAINABILITY AND COMMUNITY ENGAGEMENT OF HISTORICALLY BLACK COLLEGES AND UNIVERSITIES (HBCUS)
2024
$267K
77145 PROVIDING TECHNICAL ASSISTANCE AND DIRECTION FOR THE BUILDING HEALTHIER, MORE EQUITABLE COMMUNITIES (BHEC) PROGRAM IN NEW JERSEY
2024
$1.9M
PHASE 3: PLANNING AND CAPITAL TO SUPPORT HIGH QUALITY EARLY LEARNING FACILITY EXPANSION
2023
$1.2M
81333 OFFERING PLANNING AND PREDEVELOPMENT FUNDING FOR INNOVATIVE COMMUNITY-INFORMED, -OWNED, AND -LED SUSTAINABLE HEALTHY-FOOD RETAIL IN NEW JERSEY
2023
$750K
HEALTHIER FOOD FOR ALL
2023
$713K
80281 CONTINUING TO SUSTAIN THE INVEST HEALTH NETWORK TO ADVANCE MULTISECTOR APPROACHES TO EQUITABLE COMMUNITY INVESTMENT IN SMALL AND MIDSIZE CITIES
2023
$540K
81140 PROVIDING SUPPLEMENTAL SUPPORT TO N.J. CITY TEAMS IN RWJF'S BUILDING HEALTHIER, MORE EQUITABLE COMMUNITIES INITIATIVE TO ADDRESS UNFORESEEN CHALLENGES
2023
$313K
CORRIDOR STRATEGY TO EMPOWER OF COLOR WITHIN WNC.
2023
$250K
TECHNICAL ASSISTANCE
2023
$250K
TECHNICAL ASSISTANCE
2023
$250K
PHILADELPHIA CHILD NUTRITION FUND
2023
$100K
TO REFINE AND IMPLEMENT MONITORING, EVALUATION AND LEARNING EFFORTS THAT INFORM THE COMMUNITY AND ECONOMIC DEVELOPMENT PROGRAM
2023
$84K
CHILD CARE MAP UPDATE PHASE 3
2023
$80K
TO UNDERSTAND THE LANDSCAPE OF RESIDENTIAL TAX ASSESSMENTS IN ALLEGHENY COUNTY, HOW THE HOUSING MARKET HAS CHANGED, AND RECOMMENDATIONS TO CUSHION LOW- AND MODERATE-INCOME HOMEOWNERS FROM A PROPERTY TAX REASSESSMENT
2023
$50K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$26K
78081 CONTINUING SUPPORT FOR THE N.J. CHILD NUTRITION FUND, ADDING A FOCUS ON FIVE COMMUNITIES THROUGHOUT THE STATE
2023
$1.9M
PHASE 3: PLANNING AND CAPITAL TO SUPPORT HIGH QUALITY EARLY LEARNING FACILITY EXPANSION
2022
$1.9M
PHASE 3: PLANNING AND CAPITAL TO SUPPORT HIGH QUALITY EARLY LEARNING FACILITY EXPANSION
2022
$1.8M
77145 PROVIDING TECHNICAL ASSISTANCE AND DIRECTION FOR THE BUILDING HEALTHIER, MORE EQUITABLE COMMUNITIES (BHEC) PROGRAM IN NEW JERSEY
2022
$1000K
HEALTHIER FOOD FOR ALL
2022
$792K
80281 CONTINUING TO SUSTAIN THE INVEST HEALTH NETWORK TO ADVANCE MULTISECTOR APPROACHES TO EQUITABLE COMMUNITY INVESTMENT IN SMALL AND MIDSIZE CITIES
2022
$358K
REINVESTMENT FUND HBCU BRILLIANCE FUND
2022
$300K
COLLEGE SUCCESS
2022
$250K
PHILADELPHIA CHILD NUTRITION FUND
2022
$250K
PHILADELPHIA CHILD NUTRITION FUND
2022
$238K
78081 CONTINUING SUPPORT FOR THE N.J. CHILD NUTRITION FUND, ADDING A FOCUS ON FIVE COMMUNITIES THROUGHOUT THE STATE
2022
$233K
TECH ASSISTANCE
2022
$14K
77919 SUSTAINING THE INVEST HEALTH NETWORK AND EXPANDING LEARNING TO OTHER SMALL TO MIDSIZE CITIES SO ALL RESIDENTS CAN LIVE MORE EQUITABLE, HEALTHIER LIVES
2022
$75K
For grant recipient's exempt purposes
2021
$75K
For grant recipient's exempt purposes
2021
$40K
FOR PROGRAM STRATEGIC PLANNING AND DATA/ANALYTIC CAPACITY WITH GRANTEES, STRATEGIC PARTNERS, AND ENDOWMENTS STAFF
2021
$20M
For grant recipient's exempt purposes
2020
$5M
COVID-19--PHILADELPHIA EMERGENCY FUND FOR THE STABILIZATION OF EARLY EDUCATION (PEFSEE)
2020
$4.3M
LOAN AND DEBT RELIEF
2020
$1.5M
77145 Providing technical assistance and direction
2020
$1.5M
77145 Providing technical assistance and direction
2020
$361K
77919 Sustaining the Invest Health network and exp
2020
$361K
77919 Sustaining the Invest Health network and exp
2020
$235K
78081 Continuing support for the N.J. Child Nutrit
2020
$235K
78081 Continuing support for the N.J. Child Nutrit
2020
$150K
RF IMPACT ADVISERS: A PATH TO SCALE FOR COMMUNITY DEVELOPMENT FINANCE
2020
$120K
Support to measure and quantify the contributions that concentrations of small businesses have on sustaining and strengthening the social well-being of a community. 202003-8175
2020
$98K
PHILADELPHIA NEIGHBORHOOD ANALYSIS
2020
$93K
2020 DATA DRIVEN STRATEGIES
2020
$75K
PROGRAM SUPPORT: MVA
2020
$75K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$12K
UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.
2020
$10K
OPERATING SUPPORT
2020
$9K
General Support
2020
$5K
SUPPORT FOR MERCER COUNTY INFANT-TODDLER CARE MAPPING
2020
$25
GENERAL OPERATING SUPPORT
2020
$196K
SUPPORTING MERCER COUNTY CHILD CARE ANALYSIS
2019
$150K
Stipends / Fellowships
2018
$50K
PROGRAM/OPERATING SUPPORT
2018

Funded by

$55.8M from 25 funders · 63 grants · 2018–2024

Fidelity Investments Charitable Gift Fund

$20.1M · 3 grants · 2020–2021

The William Penn Foundation

$11.7M · 11 grants · 2020–2023

The Robert Wood Johnson Foundation

$9.7M · 15 grants · 2020–2024

Pennsylvania Cdfi Network

$5.0M · 4 grants · 2020–2023

American Online Giving Foundation Inc

$4.0M · 3 grants · 2022–2024

Wal-Mart Foundation

$1.7M · 2 grants · 2022–2023

The Kresge Foundation

$450K · 1 grant · 2024

The Community Foundation For Greater

$430K · 2 grants · 2023–2024

Details

EIN232331946
NTEE codeS200
Subsection03
Ruling date1985-09
Formed1985
Employees119
Volunteers47
REINVESTMENT FUND INC — Mission, Financials & Grants Received | Grantivo