Organizations Filed Purposes:
NONPROFIT FINANCE FUND (NFF) UNLOCKS THE POTENTIAL OF MISSION DRIVEN ORGANIZATIONS THROUGH TAILORED INVESTMENTS, STRATEGIC ADVICE AND ACCESSIBLE INSIGHTS. WE WORK TOWARD A MORE JUST AND VIBRANT SOCIETY BY HELPING NONPROFITS WITH FINANCING TO INVEST IN DELIVERING ON THEIR MISSIONS; CONSULTING THAT HELPS LEADERS BEST PUT MONEY TO WORK FOR SOCIAL GOOD; AND LEARNING THAT HELPS ILLUMINATE PATHS TO SOLVING COMPLEX SOCIAL ISSUES.
SUPPORTS MISSION-DRIVEN ORGANIZATIONS WITH FINANCING, ADVICE AND KNOWLEDGE.
NONPROFIT FINANCE FUND (NFF) UNLOCKS THE POTENTIAL OF MISSION DRIVEN ORGANIZATIONS THROUGH TAILORED INVESTMENTS, STRATEGIC ADVICE AND ACCESSIBLE INSIGHTS. WE WORK TOWARD A MORE JUST AND VIBRANT SOCIETY BY HELPING NONPROFITS WITH FINANCING TO INVEST IN DELIVERING ON THEIR MISSIONS; CONSULTING THAT HELPS LEADERS BEST PUT MONEY TO WORK FOR SOCIAL GOOD; AND LEARNING THAT HELPS ILLUMINATE PATHS TO SOLVING COMPLEX SOCIAL ISSUES. TAILORED INVESTMENTS: AS A NATIONAL COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) AND LONGTIME IMPACT INVESTOR, NFF PROVIDES FINANCING EXCLUSIVELY TO MISSION-DRIVEN ORGANIZATIONS, INCLUDING NONPROFITS AND SOCIAL ENTERPRISES, WHICH WORK TO IMPROVE LIVES OF LOW-INCOME PEOPLE AND LOW-INCOME COMMUNITIES. WE DO THIS BY AGGREGATING CAPITAL FROM A VARIETY OF SOURCES, INCLUDING BANKS, FOUNDATIONS AND GOVERNMENT, AND USING THAT CAPITAL TO PROVIDE A RANGE OF FINANCIAL PRODUCTS, INCLUDING LOANS, LINES OF CREDIT AND NEW MARKETS TAX CREDITS, AMONG OTHERS. OUR BORROWERS USE OUR FINANCING TO UNDERTAKE FACILITY PROJECTS AND SMOOTH AND MANAGE CASH FLOW, ENABLING THEM TO WORK WITH MORE CLIENTS, EXPAND THE BREADTH OF SERVICES OFFERED, AND DELIVER MORE INTEGRATED SERVICES. IN 2019, NFF CLOSED 29 LOANS TO 25 ORGANIZATIONS TOTALING $66.1 MILLION AND MANAGED A $324.3 MILLION PORTFOLIO OF LOANS TO EDUCATIONAL INSTITUTIONS, HEALTH CENTERS, HUMAN SERVICES PROVIDERS, AND OTHER ORGANIZATIONS PROVIDING VITAL AND/OR ENRICHING SERVICES AND CREATING TRANSFORMATIONAL IMPACT IN LOW-INCOME COMMUNITIES. IN 2019 OUR FINANCING SUPPORTED ORGANIZATIONS IN OVER 23 COMMUNITIES ACROSS THE NATION. WE ALSO FACILITATE THE FLOW OF THIRD-PARTY CAPITAL TO THESE MISSION-DRIVEN ORGANIZATIONS BY WORKING WITH OR PROVIDING GUIDANCE TO OTHERS (E.G., FUNDERS, PHILANTHROPIC INSTITUTIONS, GOVERNMENT AGENCIES, CORPORATIONS) WHO ARE USING PROGRAM RELATED INVESTMENTS, LOANS, GRANTS AND OTHER FINANCING MECHANISMS FOR CHARITABLE PURPOSES AND TO CREATE POSITIVE SOCIAL CHANGE. STRATEGIC ADVICE: WE ARE A NATIONAL LEADER IN PROVIDING STRATEGIC ADVICE AND CUSTOMIZED FINANCIAL TRAINING AND CAPACITY-BUILDING TO HUNDREDS OF NONPROFITS IN ALL SECTORS, THROUGH WEBINARS, WORKSHOPS, AND CUSTOMIZED ENGAGEMENTS. IN 2019, WE CONDUCTED EDUCATIONAL ACTIVITIES AND TRAINING, AND PROVIDED CUSTOMIZED TECHNICAL ASSISTANCE THAT HELPED 190 NONPROFIT ORGANIZATIONS AND FOUNDATIONS APPLY GREATER FINANCIAL KNOW-HOW TO THEIR CRITICAL DECISIONS. OUR 51 WORKSHOPS AND OTHER GROUP FINANCIAL CAPACITY TRAININGS REACHED 2,891 INDIVIDUALS. OUR WORK OVERALL HELPED ORGANIZATIONAL LEADERS OPTIMIZE THEIR RESOURCES, INCORPORATE FINANCIAL DATA AND KNOWLEDGE INTO PLANNING AND DECISION-MAKING, AND STRENGTHEN THEIR ABILITY TO ADAPT TO EVER-CHANGING CONDITIONS AND PROVIDE MUCH-NEEDED SERVICES TO THEIR CLIENTS. WE DID THIS BY HELPING THEM TO IMPROVE THEIR UNDERSTANDING OF THEIR FINANCIAL CONDITION AND BUSINESS MODELS, ANALYZE THEIR STRATEGIC OPTIONS, IDENTIFY AND DETERMINE HOW TO FILL CAPITAL GAPS, AND CONDUCT LONG-TERM PLANNING. WE ALSO PROVIDED STRATEGIC ADVICE TO FOUNDATIONS, RAISING AWARENESS OF THE FINANCIAL ISSUES AFFECTING NONPROFITS THEY SUPPORT. LASTLY, WE ADVISED AND EDUCATED ORGANIZATIONS PROVIDING SERVICES TO LOW-INCOME PEOPLE AND OTHER DISADVANTAGED COMMUNITIES, GOVERNMENTS, AND OTHERS EXPLORING PAY FOR SUCCESS, OUTCOMES-BASED FUNDING, AND OTHER IMPACT INVESTING MODELS TO HELP BETTER FUND THEIR CHARITABLE AND PUBLIC ACTIVITIES, INCLUDING PROVIDING SEMINAL RESEARCH AND PUBLICATIONS TO THE FIELD.ACCESSIBLE INSIGHTS: WE BELIEVE THAT FINANCIAL KNOWLEDGE IS POWER. WE SHARE DATA, INSIGHTS, AND RESOURCES TO IMPROVE UNDERSTANDING OF NONPROFIT FINANCE AND FIND SOLUTIONS TO COMPLEX ISSUES IN SUPPORT OF POSITIVE SOCIAL CHANGE. WE USE OUR WEBSITE, PUBLICATIONS, SOCIAL MEDIA, AND OTHER PLATFORMS TO MAKE CONTENT ABOUT WHAT WE ARE LEARNING WIDELY ACCESSIBLE. IN 2019, NFF HOSTED AN EVENT WITH THE FEDERAL RESERVE BANK OF PHILADELPHIA AS A CONTINUATION OF A NATIONAL DIALOGUE THAT WE STARTED IN 2017 WITH THE FEDERAL RESERVE BANK OF SAN FRANCISCO ABOUT REORIENTING THE SOCIAL SECTOR AROUND OUTCOMES AND OUTCOMES-BASED FUNDING. WE LAUNCHED THE ADVANCING RESILIENCE IN COMMUNITY HEALTH PROJECT TO HELP NETWORKS OF COMMUNITY-BASED ORGANIZATIONS PREPARE FOR PARTNERSHIPS WITH HEALTHCARE SYSTEMS WITH THE GOAL OF BETTER ADDRESSING SOCIAL DETERMINANTS OF HEALTH AND IMPROVING HEALTH OUTCOMES FOR MORE PEOPLE. THE PROJECT WAS DESIGNED TO SHARE REAL-TIME INSIGHTS IN PARTNERSHIP WITH PARTICIPATING NETWORKS THROUGH MULTIMEDIA PUBLICATIONS, INCLUDING BLOGS AND VIDEO INTERVIEWS THAT DIRECTLY CAPTURE THE VOICES AND EXPERIENCES OF NETWORK LEADERS. NFF'S FULL COST FRAMEWORK WAS FOUND TO HAVE SIGNIFICANT BENEFITS TO BOTH NONPROFITS AND FUNDERS ACCORDING TO AN EVALUATION BY RESEARCH FIRM HARDER+COMPANY AND WAS FEATURED BY THE CHRONICLE OF PHILANTHROPY AS ONE OF EIGHT NATIONAL, NONPROFIT INNOVATIONS OF NOTE. WE PREPARED A SET OF FREELY AVAILABLE RESOURCES TO HELP NONPROFIT LEADERS NAVIGATE PRACTICAL IMPLICATIONS FROM THE RECENT FASB ACCOUNTING STANDARDS UPDATE. AND AS PART OF NFF'S COMMITMENT TO ADVANCING RACIAL EQUITY, ANTONY BUGG-LEVINE AUTHORED AN ARTICLE ABOUT WHY "COLOR BLIND" ASSESSMENTS OF GRANT PROPOSALS DON'T WORK; THE ARTICLE WAS ACCOMPANIED BY A CHART WITH EXAMPLES OF FINANCIAL ANALYSIS BLIND SPOTS AND HOW THEY CAN BE ADDRESSED.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
Name | Title | Hours Per Week | Total Salary |
Antony Bugg-Levine | PRESIDENT/CEO | 50 | $374,059 |
Kristin Giantris | MANAGING DIRECTOR | 50 | $301,631 |
Norah Mcveigh | MANAGING DIRECTOR | 50 | $284,565 |
Craig Reigel | CFO | 50 | $274,192 |
Jennifer Talansky | MANAGING DIRECTOR | 50 | $231,414 |
Shawn Luther | VP, CHIEF CREDIT OFFICER | 50 | $187,393 |
Jennifer Kawar | VP & CHIEF INVESTMENT OFFICER | 50 | $184,129 |
Kathyrn Olsen | VP LENDING - FINANCIAL SERVICES | 50 | $171,558 |
Sandi Clement Mckinley | VP/ADVISORY SERVICES | 50 | $154,830 |
Anand Attavane | VP/CONTROLLER | 50 | $154,311 |
John Taylor | DIRECTOR | 2 | $0 |
Sonal Shah | DIRECTOR THRU 3/14/19 | 2 | $0 |
Ruth Salzman | DIRECTOR | 2 | $0 |
Joe Mccannon | DIRECTOR | 2 | $0 |
Kimberly Johnson | DIRECTOR THRU 6/4/19 | 2 | $0 |
Nike Irvin | DIRECTOR | 2 | $0 |
Chris Iglesias | DIRECTOR | 2 | $0 |
Lisa Hall | DIRECTOR THRU 6/4/19 | 2 | $0 |
Tessie Guillermo | DIRECTOR | 2 | $0 |
David Erickson | DIRECTOR | 2 | $0 |
Phillip Clay | DIRECTOR | 2 | $0 |
James Bildner | DIRECTOR THRU 6/4/19 | 2 | $0 |
Beth Bafford | DIRECTOR | 2 | $0 |
Andrew B Cohn | SECRETARY | 2 | $0 |
Stephen Deberry | TREASURER | 2 | $0 |
Ommeed Sathe | DIRECTOR/BOARD CHAIR THRU 3/14/19 | 2 | $0 |
Henry Ramos | BOARD CHAIR | 2 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202003009349301725_public.xml