This organization files Form 990, which has no section for application policy. Its filings cannot say either way.
The latest filing we hold carries no statement about applications. That is not the same as closed: public-charity Form 990s have no field for it, and many foundations leave the section blank.
Grants paid by year
Total assets by year
Where the money went · FY2024
Form 990 splits expenses into program services, management and fundraising. The split is self-reported, and a grantmaker, a research institute and a direct-service nonprofit book the same work differently. A line the return does not carry reads "not available"; it is never counted as zero.
| Year | Form | Revenue | Expenses | Grants paid | Assets | Net assets |
|---|---|---|---|---|---|---|
| FY2024 | 990 | $115,553,223 | $85,546,462 | $7,158,649 | $806,983,425 | $179,107,167 |
| FY2023 | 990 | $69,443,542 | $73,642,594 | $18,536,832 | $691,780,333 | $151,669,143 |
| FY2022 | 990 | $62,753,327 | $58,408,239 | $12,887,698 | $583,801,509 | $164,996,748 |
| FY2021 | 990 | $55,782,044 | $40,630,316 | $3,231,401 | $600,473,548 | $168,893,714 |
| FY2020 | 990 | $55,060,420 | $38,351,055 | $591,000 | $609,347,116 | $155,037,971 |
Figures are as reported on the e-filed return, with no restatement. Fiscal years are the funder's own tax year, labelled by the calendar year the period ends in. A blank line means the return does not carry that figure; a real zero shows as $0. When an amended return replaces an original, every figure here uses the amended return. The original is not shown. Giving is what the funder actually paid out toward its charitable purpose in the year (qualifying distributions on Form 990-PF, charitable disbursements otherwise). Assets are what it holds; giving is what moves.
Recipient focus areas
Where recipients are
Based on the 34% of grant rows we could match to an organization record. The rest stay as reported. The IRS assigns the NTEE category when it grants exemption. It often reflects the original filing, not today's giving.
| Recipient | Purpose | Amount | Year | Source |
|---|---|---|---|---|
| LOW INCOME INVESTMENT FUNDSAN FRANCISCO, CA | FOR CAPACITY BUILDING AND BUSINESS GROWTH | $3,599,333 | 2023 | |
Recipients are shown as the funder wrote them on the return. A recipient with a link was matched to an organization record; the rest stay as reported and are never guessed.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ellis Carr | PRESIDENT & CEO | 20.00 | $1,029,249 |
| Alaina Beverly | DIRECTOR | 1.00 | $5,000 |
| Oswaldo Acosta | DIRECTOR | 1.00 | $5,000 |
| Rick Benito | DIRECTOR |
From the officer list on the latest e-filed return. Compensation is as reported there; a blank means the return carries no figure.
| THE REINVESTMENT FUNDPHILADELPHIA, PA |
| FOR CAPACITY BUILDING AND BUSINESS GROWTH |
| $3,599,333 |
| 2023 |
| CDC SMALL BUSINESS FINANCE CORPSAN DIEGO, CA | FOR CAPACITY BUILDING AND BUSINESS GROWTH | $2,498,408 | 2023 |
| CDC SMALL BUSINESS DEVELOPMENT CORPORATIONSAN DIEGO, CA | TO WIDEN CREDIT ACCESS TO BIPOC OWNED BUSINESSES THROUGH ALTERNATIVE LENDING | $998,334 | 2022 |
| CITY FIRST ENTERPRISES INCWASHINGTON, DC | OPEN FOR BUSINESS FUND AND ENTREPRENEURS OF COLOR | $723,500 | 2021 |
| ROSEWOOD STRATEGIES LLCWASHINGTON, DC | FOR CAPACITY BUILDING AND BUSINESS GROWTH | $690,000 | 2022 |
| WASHINGTON AREA COMMUNITY INVESTMENT FUND INCWASHINGTON, DC | OPEN FOR BUSINESS FUND / DC COOP GRANT / ENTREPRENEURS OF COLOR SUBGRANT | $670,000 | 2021 |
| THE REINVESTMENT FUNDPHILADELPHIA, PA | TO SUPPORT OPERATING COSTS RELATED TO THE GROWING DIVERSE HOUSING DEVELOPERS PROGRAM | $619,000 | 2022 |
| LOW INCOME INVESTMENT FUNDSAN FRANCISCO, CA | TO SUPPORT OPERATING COSTS RELATED TO THE GROWING DIVERSE HOUSING DEVELOPERS PROGRAM | $619,000 | 2022 |
| CDC SMALL BUSINESS FINANCE CORPSAN DIEGO, CA | FOR CAPACITY BUILDING AND BUSINESS GROWTH | $605,000 | 2024 |
| THE NEIGHBORHOOD DEVELOPMENT COMPANYWASHINGTON, DC | FOR CAPACITY BUILDING AND BUSINESS GROWTH | $500,000 | 2022 |
| LATINO ECONOMIC DEVELOPMENT WASHINGTON ENTERPRISEWASHINGTON, DC | LATINO ECONOMIC DEVE-WASINGTON, D.C. REGION EO-EOCF-FY22-01 | $500,000 | 2021 |
| NORTHERN REAL ESTATE URBAN VENTURESLLCWASHINGTON, DC | FOR CAPACITY BUILDING AND BUSINESS GROWTH | $500,000 | 2022 |
| ATLANTICA PROPERTIESATLANTA, GA | FOR CAPACITY BUILDING AND BUSINESS GROWTH | $500,000 | 2022 |
| 1825 KENDALL STREETWASHINGTON, DC | FOR CAPACITY BUILDING AND BUSINESS GROWTH | $500,000 | 2024 |
| A-PEACE LLCWASHINGTON, DC | TO SUPPORT AND PROMOTE AFFORDABLE AND WORKFORCE HOUSING ACROSS THE DC/MD/VA REGION | $450,000 | 2023 |
| VITIS INVESTMENTS LLCWASHINGTON, DC | FOR CAPACITY BUILDING AND BUSINESS GROWTH | $410,000 | 2023 |
| URBAN OASIS DEVELOPMENT LLCATLANTA, GA | FOR CAPACITY BUILDING AND BUSINESS GROWTH | $400,000 | 2022 |
| MEDICI ROAD INCWASHINGTON, DC | TO SUPPORT AND PROMOTE AFFORDABLE AND WORKFORCE HOUSING ACROSS THE DC/MD/VA REGION | $343,395 | 2023 |
| EMBOLDEN REAL ESTATE LLCWASHINGTON, DC | TO SUPPORT AND PROMOTE AFFORDABLE AND WORKFORCE HOUSING ACROSS THE DC/MD/VA REGION | $334,000 | 2023 |
| PARAGON GOOD HOPEHANOVER, MD | TO SUPPORT AND PROMOTE AFFORDABLE AND WORKFORCE HOUSING ACROSS THE DC/MD/VA REGION | $300,000 | 2023 |
| EUCLID 1722 LLCHANOVER, MD | TO SUPPORT AND PROMOTE AFFORDABLE AND WORKFORCE HOUSING ACROSS THE DC/MD/VA REGION | $300,000 | 2023 |
| MOORE PLACE LLCDETROIT, MI | TO SUPPORT AND PROMOTE AFFORDABLE AND WORKFORCE HOUSING ACROSS THE DC/MD/VA REGION | $285,000 | 2024 |
| 1232 SHIFT CUBED PARTNERSPHILADELPHIA, PA | TO SUPPORT AND PROMOTE AFFORDABLE AND WORKFORCE HOUSING ACROSS THE DC/MD/VA REGION | $285,000 | 2024 |
| CLIFFORD BEERS HOUSINGINCNORTH HOLLYWOOD, CA | FOR CAPACITY BUILDING AND BUSINESS GROWTH | $277,778 | 2022 |
| 1.00 |
| $3,750 |
| Erik Caldwell | DIRECTOR | 1.00 | $3,750 |
| Sheryl Cameron | DIRECTOR | 1.00 | $0 |
| Kurt Chilcott | DIRECTOR/CONSULTANT | 1.00 | $5,000 |
| Grace Chionuma | DIRECTOR | 1.00 | $0 |
| Gary Cunningham | DIRECTOR | 1.00 | $5,625 |
| Jennifer Smith Dolin | DIRECTOR | 1.00 | $5,000 |
| Casey Fannon | DIRECTOR | 1.00 | $5,000 |
| Pedro Goitia | DIRECTOR | 1.00 | $5,000 |
| Gail Markulin | DIRECTOR | 1.00 | $3,750 |
| Tyler Orion | DIRECTOR | 1.00 | $5,000 |
| Frank Robinson | DIRECTOR | 1.00 | $5,000 |
| Tom Topuzes | DIRECTOR | 1.00 | $5,000 |
| Dan Varner | DIRECTOR | 1.00 | $5,000 |
| Natalie Gunn | CHIEF FINANCIAL OFFICER | 20.00 | $451,758 |
| Karla Gill | CHIEF TECHNOLOGY OFFICER | 20.00 | $406,811 |
| Brian Mcevoy | GENERAL COUNSEL | 20.00 | $379,015 |
| Matthew Wehland | CHIEF OPERATING OFFICER | 20.00 | $352,981 |
| Jaret Dinard Ings | SENIOR DIRECTOR OF FINANCE | 20.00 | $321,499 |
| Kim Dorsett | CHIEF HUMAN RESOURCE'S OFF | 20.00 | $310,043 |
| Malinda Christensen | SVP, COMMUNITY DEVELOPMENT | 40.00 | $314,352 |
| Lauren Counts | SR DIR, HEAD OF NATIONAL P | 40.00 | $286,441 |
| Lisa Grammer | CONTROLLER | 40.00 | $286,563 |
| Yrenlisa Lopez | MANAGING DIRECTOR, INVESTMENTS | 40.00 | $281,616 |
| Masouda Omar | HEAD OF SMALL BUS & COMM D | 40.00 | $276,549 |
Filing id 202422709349300347
Form 990 · FY2022 · period ending Dec 31, 2022
Filing id 202332789349301568
Form 990 · FY2021 · period ending Dec 31, 2021
Filing id 202242699349300534
Form 990 · FY2020 · period ending Dec 31, 2020
Filing id 202112789349301426
Form 990 · FY2019 · period ending Dec 31, 2019
Filing id 202032259349300808
Form 990 · FY2018 · period ending Dec 31, 2018
Filing id 201933189349305618
Form 990 · FY2017 · period ending Dec 31, 2017
Filing id 201803129349300125
Form 990 · FY2016 · period ending Dec 31, 2016
Filing id 201713179349301446
Form 990 · FY2015 · period ending Dec 31, 2015
Filing id 201623069349301312