| Grantee | Grant description | Grant year | Amount |
|---|---|---|---|
| Access To Capital for Entrepreneurs | Support Lending and Education Services To Underserved Small Businesses | 2022-12 | $300,000 |
| Economic and Community Development Institute (ECDI) | Support Lending and Education Services To Underserved Small Businesses | 2022-12 | $215,175 |
| Black Business Investment Fund | Support Lending and Education Services To Underserved Small Businesses | 2022-12 | $140,000 |
| ...and 4 more grants made | |||
| Grantmaker | Grantmaker tax period | Description | Amount |
|---|---|---|---|
| Truist Foundation | 2023-12 | General Operating | $1,000,000 |
| Opportunity Finance Network (OFN) | 2023-12 | Finance Justice Fund Subgrant | $250,000 |
| Regions Foundation | 2023-12 | General Support | $120,000 |
| ...and 6 more grants received | |||
| Name | Title | Compensation | Date of data |
|---|---|---|---|
| Gustavo Lasala | President and Chief Executive Officer | $262,243 | 2024-10-04 |
| Anthony Hedger | Chief Financial Officer | $208,367 | 2024-10-04 |
| Jennifer Palecek | Senior Vice President of Philanthropic Partnerships | $167,125 | 2023-12-31 |
| Patricia Colomo Baray | Director , Portfolio Risk | 2024-10-04 | |
| Theresa Wilson | Senior Director Human Resources | $116,445 | 2023-12-31 |
| ...and 2 more key personnel | |||
| Revenues | FYE 12/2023 |
|---|---|
| Total grants, contributions, etc. | $4,823,515 |
| Program services | $5,902,605 |
| Investment income and dividends | $486,374 |
| Tax-exempt bond proceeds | $0 |
| Royalty revenue | $0 |
| Net rental income | $72,789 |
| Net gain from sale of non-inventory assets | $-108,988 |
| Net income from fundraising events | $0 |
| Net income from gaming activities | $0 |
| Net income from sales of inventory | $0 |
| Miscellaneous revenues | $0 |
| Total revenues | $11,176,295 |
| Fiscal year ending | Date received by IRS | Form | PDF link |
|---|---|---|---|
| 2023-12 | 2024-07-08 | 990 | View PDF |
| 2022-12 | 2023-05-15 | 990 | View PDF |
| 2021-12 | 2022-07-22 | 990 | View PDF |
| 2020-12 | 2021-06-15 | 990 | View PDF |
| 2019-12 | 2021-01-27 | 990 | View PDF |
| ...and 10 more Form 990s | |||
| Organization | Type | Location | Revenue |
|---|---|---|---|
| Ohio Community Development Finance Fund | 501(c)(3) | Columbus, OH | $16,922,285 |
| Locus Impact Fund | 501(c)(3) | Christiansburg, VA | $9,556,651 |
| Coastal Enterprises (CEI) | 501(c)(3) | Brunswick, ME | $22,641,314 |
| Midwest Minnesota Community Development Corporation | 501(c)(3) | Detroit Lakes, MN | $6,717,967 |
| Washington Area Community Investment Fund | 501(c)(3) | Washington, DC | $7,616,507 |
| Mountain Association | 501(c)(3) | Berea, KY | $8,094,633 |
| Genesis LA | 501(c)(3) | Los Angeles, CA | $12,696,966 |
| Colorado Enterprise Fund (CEF) | 501(c)(3) | Denver, CO | $18,269,112 |
| Community Vision Capital and Consulting | 501(c)(3) | San Francisco, CA | $10,403,968 |
| True Access Capital Corporation | 501(c)(3) | Wilmington, DE | $3,780,450 |
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