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Nonprofits›Self Help Ventures Fund

Community Improvement

Self Help Ventures Fund

DURHAM, NC

Website

Total revenue

$189.2M

Total expenses

$68.6M

Net assets

$755.6M

Grants received

$62.3M

16 grants

EIN

581562750

Tax year

2024

Mission

Self-Help Ventures Funds mission is to create and protect ownership and economic opportunity for all, especially people of color, women, rural residents and low-wealth families and communities.

Programs

2 programs

Loans to and investments in community development projects (a) employing low-income and unemployed persons; (b) in low-income, rural and distressed communities; and (c) involving charitable organizations. Total beneficiaries = approximately 1,652

Expenses: $13.7M

Facilitation of a secondary market at reasonable rates on a substainable basis for home mortgages made to low-income and other traditionally underserved home buyers to make homeownership more widely available to these families. Total beneficiaries = approximately 17,685

Expenses: $4.0M

Financials

FY 2024

Revenue

Contributions & grants$113.6M

Program service revenue$63.4M

Investment income$11.8M

Other revenue$370K

Total revenue$189.2M

Expenses

Grants paid—

Salaries & benefits—

Fundraising—

Other expenses$68.6M

Total expenses$68.6M

Total assets$3.4B

Net assets$755.6M

People

18 listed

NameRoleCompensation

Randy Chambers

TreasurerSecretary

Board

—

Martin Eakes

CEODirector

Board

—

Amanda Frazier Wong

President

Board

—

Robert Schall

Director

Board

—

0.5 hrs/wk

Catherine Clark

Director

Board

—

0.5 hrs/wk

Matthew Hobbs

DirectorChair

Board

—

0.5 hrs/wk

Elbert Avery

Director

Board

—

0.5 hrs/wk

Marla Bilonick

Director

Board

—

0.5 hrs/wk

Tara Kenchen

Director

Board

—

0.5 hrs/wk

Ronn Stewart

Director

Board

—

0.5 hrs/wk

Lynne Walker

Director

Board

—

0.5 hrs/wk

Duanne Andrade

Diretor

Board

—

0.5 hrs/wk

Ajulo Othow

Director

Board

—

0.5 hrs/wk

Russel Hagen

Manager Transition Exec

Staff

—

Sarah Brennan

Structured Finance Sector Leader

Staff

—

Mary Abad

Sr Commercial Lending Underwriter

Staff

—

Athena Eng

Manager Benefits & Payroll

Staff

—

Lillian Steponaitis

Director Special Projects

Staff

—

Independent contractors

Blue Hat Mechanical Inc

HVAC Contractor

$1.6M

CoxSchepp Construction lLC

Construction

$510K

Griffin Service Company Inc

Construction

$430K

Forvis Mazars LLP

Accounting Firm

$337K

Piedmont Service Group Inc

Construction

$178K

Grants received

Showing 16 of 16

FromAmountPurposeYear

DOGWOOD HEALTH TRUST

$8M

LOAN FUND TO SUPPORT AFFORDABLE HOUSING IN WNC.

2024

Center for Community Self-Help

$1.2M

Charitable Lending

2024

OPPORTUNITY FINANCE NETWORK

$500K

FINANCE JUSTICE FUND SUBGRANT

2023

Center for Community Self-Help

$267K

Charitable Lending

2023

CLIMATE UNITED FUND

$150K

GENERAL SUPPORT

2023

MISSION ECONOMIC DEVELOPMENT AGENCY

$35K

SMALL BUSINESS COALITION FOR RACIAL JUSTICE

2023

Center for Community Self-Help

$5.3M

Charitable Lending

2022

DOGWOOD HEALTH TRUST

$450K

THIS GRANT WILL SUPPORT SELF-HELP VENTURE FUND TO RECAPITALIZE THE MOUNTAIN COMMUNITY CAPITAL FUND, A LOAN LOSS GUARANTEE POOL.

2022

SEIU NATIONAL FAST FOOD

$40K

SUPPORT

2022

WEINGART FOUNDATION

$250

SUPPORT FOR PARTICIPATION IN CA DEMODATA COLLABORATIVE FOCUS GROUP

2021

NATIONAL PHILANTHROPIC TRUST

$45M

HUMAN SERVICES

2020

Center for Community Self-Help

$376K

Charitable Lending

2020

RSF SOCIAL FINANCE INC

$70K

FOR GENERAL OPERATING SUPPORT

2020

TD CHARITABLE FOUNDATION

$60K

PPP RELIEF LOANS, A LIFELINE PROGRAM

2019

Center for Community Self-Help

$842K

Charitable Lending

2018

Self-Help Community Development Corp

$15K

Support rehabilitation cost

2018

Funded by

$62.3M from 11 funders · 16 grants · 2018–2024

National Philanthropic Trust

$45M · 1 grant · 2020

Dogwood Health Trust

$8.4M · 2 grants · 2022–2024

Center for Community Self-Help

$8.0M · 5 grants · 2018–2024

Opportunity Finance Network

$500K · 1 grant · 2023

Climate United Fund

$150K · 1 grant · 2023

Rsf Social Finance Inc

$70K · 1 grant · 2020

Td Charitable Foundation

$60K · 1 grant · 2019

Seiu National Fast Food

$40K · 1 grant · 2022

Details

EIN581562750

NTEE codeS310

Subsection03

Ruling date1984-05

Formed1984

Employees0