NonprofitsThe Capital Good Fund

Community Improvement & Capacity Building

The Capital Good Fund

PROVIDENCE, RI

Total revenue

$9.6M

Total expenses

$8.3M

Net assets

$3.5M

Grants received

$20.1M

111 grants

EIN

800348382

Tax year

2024

Mission

The capital good fund is a u.s. Treasury certified community development foundation that targets root causes of poverty and environmental injustice through innovative personal loans and financial coaching. Its mission is to create pathways out of poverty and advance a green economy through inclusive financial services.

Programs

1 program

In 2024, capital good fund graduated over 100 families from our nationally recognized, one-on-one financial and health coaching program, covering topics like budgeting, banking, savings, debt, and healthy eating on a budget.

Expenses: $262K

Financials

FY 2024

Revenue

Contributions & grants$6.4M
Program service revenue$3.2M
Investment income
Other revenue
Total revenue$9.6M

Expenses

Grants paid
Salaries & benefits$3.9M
Fundraising$427K
Other expenses$4.4M
Total expenses$8.3M
Total assets$32.6M
Net assets$3.5M

People

13 listed

NameRoleCompensation

ANDREW POSNER

FOUNDER & CEO

Board

$150K

40 hrs/wk

AISHA BUSSEY

CHIEF BUSINESS OFFICER

Board

$146K

40 hrs/wk

JAMES MAZJANIS

CHIEF FINANCIAL OFFICER

Board

$145K

40 hrs/wk

ASHLEY COOKE

DIRECTOR

Board

1 hrs/wk

NISHA FLOYD

DIRECTOR

Board

1 hrs/wk

ARTHUR S GABINET

SECRETARY

Board

1 hrs/wk

ELINA MAGALY SANTANA ESQ

DIRECTOR

Board

1 hrs/wk

JANELLE WILLIAMS

DIRECTOR

Board

1 hrs/wk

RAHUL GUPTA

DIRECTOR

Board

1 hrs/wk

BETSY HARRIS

CO-CHAIR

Board

1 hrs/wk

LIBBY KIMZEY

CO-CHAIR

Board

1 hrs/wk

ERIC COHEN

DIRECTOR

Board

1 hrs/wk

SARAH M MANDT

SENIOR VP INVESTOR RELATIONS

Staff

$105K

40 hrs/wk

Independent contractors

SOCIAL CAPITAL FUND

LOAN SERVICING

$762K

Grants received

Showing 111 of 111

FromAmountPurposeYear
$2.3M
GENERAL SUPPORT
2024
$510K
General operating support
2024
$500K
ENVIRONMENTAL PROGRAMS
2024
$500K
SOUTHWESTERN PENNSYLVANIA LOW-INCOME HOUSEHOLD SOLAR LEASING PILOT
2024
$500K
TO PROVIDE TECHNICAL ASSISTANCE
2024
$350K
ENVIRONMENTAL PROGRAMS
2024
$250K
OPERATING GRANT
2024
$175K
TO SUPPORT EDUCATION AND OUTREACH TO BUILD A CLEAN ENERGY FUTURE.
2024
$150K
GENERAL SUPPORT
2024
$140K
GENERAL SUPPORT
2024
$10K
Financial Coaching Plus - Providence County
2024
$10K
GENERAL OPERATING EXPENSES
2024
$8K
SMALL DOLLAR LENDING
2024
$8K
GENERAL SUPPORT
2024
$1.3M
GENERAL SUPPORT
2023
$1M
GEORGIA BRIGHT- ROOFTOP SOLAR PROGRAM
2023
$200K
1 grant(s) for varying purposes
2023
$175K
Financial Stability
2023
$70K
GENERAL SUPPORT
2023
$60K
TO OFFER LEASES FOR THE INSTALLATION OF SOLAR PANELS, BATTERY STORAGE SYSTEMS, AND RELATED MEASURES, TO AT LEAST 125 LOW-INCOME GEORGIA HOMEOWNERS, ESPECIALLY THOSE IN SAVANNAH, DECATUR, DEKALB COUNTY, FULTON COUNTY, ATLANTA, AND ATHENS.
2023
$11K
ECONOMIC SECURITY
2023
$10K
IMPACT LOANS FOR LOW-INCOME CENTRAL TEXAS FAMILIES
2023
$10K
FINANCIAL & HEALTH COACHING FOR LOW-TO-MODERATE INCOME RHODE ISLAND FAMILIES
2023
$10K
Financial & Health Coaching Program Support
2023
$9K
SMALL DOLLAR LENDING
2023
$8K
ECONOMIC SECURITY
2023
$3K
FINANCIAL & HEALTH COACHING FOR LOW- TO MODERATE-INCOME RHODE ISLAND FAMILIES
2023
$3K
EXEMPT PURPOSE
2023
$1K
OPERATIONAL SERVICES
2023
$2.3M
MONETARY SUPPORT
2022
$1.2M
Operating Support/Annual Fund
2022
$375K
1 GRANT(S) FOR VARYING PURPOSES
2022
$300K
IN SUPPORT OF NEIGHBORHOOD REVITALIZATION
2022
$200K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$175K
Financial Stability
2022
$100K
2022 RENEWABLE ENERGY EFFICIENT GRANT
2022
$70K
GENERAL SUPPORT
2022
$60K
THIS GRANT WILL FUND THIS ORGANIZATION'S CRISIS RELIEF LOAN FUND.
2022
$30K
PROGRAM SUPPORT
2022
$25K
UNRESTRICTED GENERAL SUPPORT
2022
$20K
GENERAL SUPPORT
2022
$10K
Donation
2022
$10K
FINANCIAL & HEALTH COACHING FOR LOW TO MODERATE INCOME FAMILIES
2022
$10K
FINANCIAL AND HEALTH COACHING
2022
$10K
program support - Financial & Health Coaching Program, known as FC Plus
2022
$10K
MENTORING PROGRAM
2022
$5K
ECONOMIC DEVELOPMENT
2022
$3K
FINANCIAL & HEALTH COACHING FOR LOW- TO MODERATE-INCOME RHODE ISLAND FAMILIES
2022
$1K
OPERATIONAL SERVICES
2022
$390K
MONETARY SUPPORT
2021
$250K
IN SUPPORT OF FINANCIAL HEALTH
2021
$75K
Families and neighborhoods
2021
$60K
THIS GRANT WILL FUND THIS ORGANIZATION'S CRISIS RELIEF LOAN FUND.
2021
$50K
Strong Communities
2021
$50K
OPERATING SUPPORT
2021
$50K
EXEMPT PURPOSE
2021
$30K
PROGRAM SUPPORT
2021
$25K
PUBLIC, SOCIETAL BENEFIT
2021
$15K
THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT.
2021
$13K
For grant recipient's exempt purposes
2021
$13K
For grant recipient's exempt purposes
2021
$12K
SMALL DOLLAR LENDING
2021
$10K
FOR IMMIGRATION LOANS IN MASSACHUSETTS
2021
$5K
ECONOMIC DEVELOPMENT
2021
$5K
MENTORING PROGRAM
2021
$5K
IMPACT LOANS IN RHODE ISLAND PROGRAM
2021
$1K
OPERATIONAL SERVICES
2021
$600K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$500K
COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS INITIATIVE
2020
$250K
TECHNOLOGY
2020
$100K
RENEWABLE ENERGY EFFICIENT GRANT
2020
$70K
RESILIENCE LOAN PROG
2020
$50K
General Support
2020
$18K
PROGRAM SUPPORT
2020
$15K
Support launch of CDFI's Good Fund
2020
$10K
COMMUNITY DEVELOPMENT
2020
$10K
Donation
2020
$10K
CHARITABLE DONATION
2020
$8K
GENERAL SUPPORT
2020
$8K
ECONOMIC DEVELOPMENT
2020
$6K
For grant recipient's exempt purposes
2020
$5K
MENTORING PROGRAM
2020
$5K
CRISIS RELIEF LOANS: LIFE-SAVING LIQUIDITY FOR RHODE ISLAND FAMILIES
2020
$2K
EXEMPT PURPOSE
2020
$1K
OPERATIONAL SERVICES
2020
$1.3M
TO SUPPORT ITS PARENT ORGANIZATION'S MISSION OF PROVIDING EQUITABLE FINANCIAL SERVICES
2019
$700K
IN SUPPORT OF FINANCIAL HEALTH
2019
$50K
DONOR DESIGNATION /PROGRAM GRANT
2019
$15K
FINANCIAL STABILITY
2019
$15K
CRISIS RELIEF LOANS: COVID-19 RESPONSE PROGRAM
2019
$10K
RESTRICTED SUPPORT FOR NEMOURS DELAWARE HEAL LOAN PROGRAM
2019
$10K
PROGRAM SUPPORT
2019
$3K
MENTORING PROGRAM
2019
$993K
To support its parent organization's mission of providing equitable financial services.
2018
$180K
IN SUPPORT OF FINANCIAL HEALTH
2018
$46K
Donor Designation and Program Operating
2018
$15K
EXPANDING EMERGENCY LOANS TO SOUTHEASTERN MASSACHUSETTS
2018
$10K
CHARITABLE DONATION
2018
$500
OPERATIONAL SERVICES
2018
$77K
Donor Designation & Program Services
2017
$50K
SUPPORT OF MISSION
2017
$10K
ECONOMIC DEVELOPMENT
2017

Funded by

$20.1M from 56 funders · 111 grants · 2017–2024

Social Capital Fund

$8.6M · 6 grants · 2018–2024

Jpmorgan Chase Foundation

$1.4M · 4 grants · 2018–2022

Boston Foundation Inc

$1.2M · 1 grant · 2022

Vanguard Charitable Endowment Program

$800K · 2 grants · 2020–2022

The Winston-Salem Foundation

$575K · 2 grants · 2022–2023

Citi Foundation

$500K · 1 grant · 2020

Details

EIN800348382
NTEE codeS20
Subsection03
Ruling date2009-11
Formed2009
Employees65
Volunteers0
THE CAPITAL GOOD FUND — Mission, Financials & Grants Received | Grantivo