Neighborhood Funders Group

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 061368627 ✦ Berkeley, CA ✦ Designated as a 501(c)(3)

Overview

What is Neighborhood Funders Group?

Neighborhood Funders Group (NFG) is a network of grantmakers based in Berkeley, California. With a mission to amplify the power of grassroots organizations, NFG brings together philanthropic partners to learn, connect, and mobilize resources, focusing on communities of color and low-income areas. NFG's efforts include the Amplify Fund, a pooled resource that supports racial justice-focused power-building organizations. In 2022, the Amplify Fund regranted approximately $3M to 55 grantees and prioritized BIPOC-led organizations. NFG fosters collaboration through regular grantee-only calls, promoting meaningful connections and knowledge sharing among their partners. The organization is committed to the future growth of the Amplify Fund, with a new governance structure and a 10-year lifespan for the second phase of the project.


Official website here: www.nfg.org

Is Neighborhood Funders Group legitimate?

Neighborhood Funders Group is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neighborhood Funders Group submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $375,289
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,854,600

For more financial information, click here


Official website here: www.nfg.org

What is the mission statement of Neighborhood Funders Group?

The Neighborhood Funders Group is a network of grantmakers dedicated to supporting grassroots power building in communities of color and low-income communities. Their mission is to mobilize resources and facilitate connections among funders with an intersectional and place-based focus. By organizing philanthropy, they aim to contribute to the thriving of these communities. Through learning and collaboration, NFG fosters an environment that enables effective grantmaking and equitable social change.


Official website here: www.nfg.org

Who is the CEO of Neighborhood Funders Group?

Amy Morris is the Co-Chair of Neighborhood Funders Group.


Official website here: www.nfg.org

What is the revenue of Neighborhood Funders Group?

Neighborhood Funders Group's revenue in 2022 was $13,163,639.


Official website here: www.nfg.org

Who are the executives of Neighborhood Funders Group and what are their salaries?

The average compensation at Neighborhood Funders Group during 2022 was $106,185. There are 21 employees and 10 volunteers at Neighborhood Funders Group.

Here are 17 key members and their salaries:

    Adriana Rocha (President (2022 1St Half))
  • Compensation: $186,791
  • Related: $0
  • Other: $46,243

    • Jennifer Epps (Program Director)
  • Compensation: $165,853
  • Related: $0
  • Other: $41,505

    • Amy Morris (Interim President (2022 2Nd Half))
  • Compensation: $179,528
  • Related: $0
  • Other: $22,181

    • Sarita Ahuja (Vp, Finance And Development)
  • Compensation: $155,876
  • Related: $0
  • Other: $23,720

    • Melody Baker (Interim Sr Director Amplify Fund)
  • Compensation: $150,219
  • Related: $0
  • Other: $19,642

    • Manisha Vaze (Interim Vp, Programs)
  • Compensation: $130,544
  • Related: $0
  • Other: $17,675

    • Renata Peralta (Director Of Learning & Comm)
  • Compensation: $123,744
  • Related: $0
  • Other: $16,320

    • Tania Duran (Co-Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kaberi Banerjee Murthy (Co-Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Aaron Tanaka (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Judith Bell (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cory Anderson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Aditi Vaidya (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Ryan (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Paley (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Altaf Rahamatulla (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matt Barron (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.nfg.org

    Where can I find the form 990 for Neighborhood Funders Group?

    The Neighborhood Funders Group’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.nfg.org

    Learn more at the official website: www.nfg.org

    Mission Statement of Neighborhood Funders Group

    Neighborhood Funders Group (NFG), a network of philanthropic organizations, is dedicated to mobilizing resources for grassroots power building in communities of color and low-income communities. By organizing grantmakers, NFG aims to support the thriving and self-determination of these communities.

    NFG fosters connections among funding organizations, enabling them to learn and collaborate in their grant-making efforts. With an intersectional and place-based focus, the network ensures that resources are directed to address the unique needs and challenges faced by these communities. By joining forces, NFG members amplify their impact and contribute to lasting change.

    In essence, Neighborhood Funders Group serves as a catalyst for philanthropy, empowering communities of color and low-income communities to build their power and improve their living conditions. Through their collaborative approach, they create opportunities for funders to make a meaningful difference in the lives of the people they seek to support.

    Impact

    This information is meant to be a general summary of Neighborhood Funders Group. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Neighborhood Funders Group's impact can be seen through its Amplify Fund, a pooled fund dedicated to supporting grassroots power-building initiatives in communities of color and low-income communities. In 2022, Amplify Fund regranted around $3 million to 55 grantees across eight sites, with 90% of the funded organizations being BIPOC-led. This support has enabled these organizations to continue their vital work in advancing racial justice and community empowerment. Additionally, Amplify Fund's commitment to amplifying the voices of grantees is exemplified through initiatives like the Amplification calls, providing a space for connection, collaboration, and shared learning. Moving forward, Amplify Fund is actively shaping its future phase to ensure a long-term impact, incorporating a liberatory philanthropy lens and involving grantees in the governance structure, thereby reaffirming its dedication to racial justice and community empowerment.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $9,101
  • Program Service Revenue: $201,500
  • Gross Receipts: $13,163,639

    • Assets and Liabilities:
  • Total Assets: $27,360,821
  • Total Liabilities: $522,135
  • Net Assets: $26,838,686
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Conference

    Revenue

    $165,000

    Other Program Revenue

    Revenue

    $36,500

    Organization Details

    Founding Year

    1991

    Principal Officer

    Amy Morris

    Main Address

    1790 Fifth Street, Berkeley, CA, 94710

    NTEE Category

    Code: R01 - Civil rights

    If you are a representative of Neighborhood Funders Group and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.