Overview
What is Nonprofit Finance Fund?
The Nonprofit Finance Fund (NFF) is a New York-based nonprofit organization functioning as a lender, consultant, and advocate for over 40 years. With a commitment to creating a more equitable and just social sector, NFF focuses on strengthening nonprofit organizations and improving the way funds flow towards social good. They primarily serve community-centered organizations led by and serving people of color, managing a portfolio of over $393 million and providing over $1.1 billion in financing and additional capital support to thousands of organizations nationwide. NFF's efforts include financing for nonprofits and social enterprises, consulting for more effective decision-making, and partnering with investors and service providers to promote community-led solutions. They also offer workshops, online resources, and social sector knowledge to help nonprofits adapt and thrive in a changing environment. In 2022, NFF primarily operated remotely in regions such as New York, Philadelphia, Boston, Los Angeles, and Oakland, offering a range of services like access to capital, advice and training, and workshops and online resources. NFF's mission is to boost the collective success and power of nonprofits in advancing racial equity and community wealth and well-being.
Official website here: www.nff.org
Is Nonprofit Finance Fund legitimate?
Nonprofit Finance Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nonprofit Finance Fund 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: $1,847,161
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,251,013
For more financial information, click here
Official website here: www.nff.org
What is the mission statement of Nonprofit Finance Fund?
The Nonprofit Finance Fund is a non-profit organization that acts as a lender, consultant, and advocate to strengthen non-profits and improve the flow of funds towards social good. With over 40 years of experience, they have committed themselves to building a more equitable and just social sector. Their mission is geared towards boosting the collective success and power of non-profits, particularly those led by and serving communities of color, to realize their aspirations and advance racial equity and community wealth and well-being. Through capital, consulting, and advocacy, they work towards making essential resources accessible to these organizations.
Official website here: www.nff.org
Who is the CEO of Nonprofit Finance Fund?
Aisha Bension is the Principal Officer of Nonprofit Finance Fund. The CEO's salary of Nonprofit Finance Fund is $168,203 and their total compensation is $177,162.
Official website here: www.nff.org
What is the revenue of Nonprofit Finance Fund?
Who are the executives of Nonprofit Finance Fund and what are their salaries?
The average compensation at Nonprofit Finance Fund during 2022 was $92,895. There are 141 employees and 19 volunteers at Nonprofit Finance Fund.
Here are 32 key members and their salaries (Nonprofit Finance Fund's CEO's salary is $168,203 and their total compensation is $177,162):
- Trella Walker (Interim Ceo & President Thru 8/2022) [Trustee/Director]
- Andrea Briscoe (Interim Chief Administrative Officer)
- Kristin Giantris (Chief Of Client Services)
- Jennifer Talansky (Vp, Marketing & Communications)
- Jessica Labarbera (Chief Of Staff)
- Jennifer Kawar (Vp, Investor Relations)
- Anand Attavane (Vp / Controller)
- Beth Doreian (Vp Fp&A Thru 9/22, Int Cfo Eff. 10/22)
- Annie Chang (Vp, Community Engagement)
- David Streim (Vp, Financing)
- Norah Mcveigh (Former Managing Director)
- Aisha Benson (Ceo, As Of Aug. 2022) [Trustee/Director]
- Alik Hinckson (Interim Cfo Thru 10/2022)
- Henry Ramos (Board Chair) [Trustee/Director]
- Georgette Wong (Board Vice-Chair) [Trustee/Director]
- John Taylor (Treasurer) [Trustee/Director]
- Phillip Clay (Secretary) [Trustee/Director]
- Jennifer Anglade (Director, Thru Dec. 2022)
- Berit Ashla (Director)
- Stephen Deberry (Director)
- Kristina Dixon (Director)
- Ivy Draughan (Director)
- Rodney Foxworth (Director)
- Chris Iglesias (Director)
- Nike Irvin (Director)
- Brenda Loya (Director)
- Allyn Maxfield-Steele (Director)
- Rob Mckay (Director)
- Kris Putnam-Walkerly (Director)
- Gregory Robinson (Director)
- Joe Silver (Director)
- Lisa Williams (Director)
Official website here: www.nff.org
Where can I find the form 990 for Nonprofit Finance Fund?
The Nonprofit Finance Fund’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.nff.org
Learn more at the official website: www.nff.org
Mission Statement of Nonprofit Finance Fund
Nonprofit Finance Fund, a leading nonprofit lender, consultant, and advocate, has been dedicated to enhancing the financial stability and success of nonprofit organizations for over 40 years. With a commitment to racial equity and community wealth and well-being, this innovative organization empowers social good initiatives by providing essential capital, expert consulting, and influential advocacy.
The mission of Nonprofit Finance Fund is twofold. First, they work tirelessly to strengthen nonprofit organizations, ensuring they have the necessary financial resources to thrive and better serve their communities. Second, they strive to improve the way money flows within the social sector, creating a more equitable and just environment for community-centered organizations, particularly those led by and serving people of color. By providing access to the capital and resources these organizations require, Nonprofit Finance Fund enables them to realize their communities' aspirations and effectively address pressing social issues.
Impact
This information is meant to be a general summary of Nonprofit Finance Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Nonprofit Finance Fund boosts the collective success and power of organizations to advance racial equity and community wealth and well-being. By providing financing, consulting, and advocacy services, Nonprofit Finance Fund supports nonprofits and social enterprises working towards the highest aspirations of their communities. Through loans, consultation, analysis, workshops, and online resources, Nonprofit Finance Fund helps organizations secure the funding they need to sustain and adapt their community work. Additionally, the organization promotes equitable funding practices and advocates for more just and vibrant societal outcomes. With a portfolio of over $393 million and over $1.1 billion in financing provided since 1980, Nonprofit Finance Fund plays a crucial role in strengthening the social sector and supporting community-led solutions.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON LOANS
Revenue
$9,523,472
PRGM & CONTRACT FEES
Revenue
$2,023,349
LOAN AND FINAN. FEES
Revenue
$1,284,312
Organization Details
Founding Year
1984
Phone
(212) 868-6710
Principal Officer
Aisha Bension
Main Address
5 HANOVER SQUARE 9TH FL, NEW YORK, NY, 10004
Website
www.nff.org
NTEE Category
Code: S500 - Community improvement
If you are a representative of Nonprofit Finance Fund 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.