Program areas at TRF
Lending: encompasses The organization's financing of homes, schools, healthy food retail, healthcare and other projects that benefit low-wealth people and places and is The core lending function of The organization.
Capacity building & capital access: uses grants and technical assistance to make access to capital more equitable for low-wealth individuals and communities, particularly in The areas of early childhood education, food and social determinants of health.
Policy solutions: conducts policy, data analysis and social impact analyses that advance Reinvestment Fund, inc.'s mission and effect system change, on behalf of Reinvestment Fund, Inc. as well as public and philanthropic clients.
Sustainable development Fund ("sdf"): represents an energy-related Fund that uses loans, investments and grants to augment The organization's existing energy conservation and community investing efforts. Sdf was created by The parties to The peco energy company ("peco energy") restructuring and approved by The Pennsylvania public utility commission ("puc") in may 1998.
Grants made by TRF
| Grantee | Grant description | Grant year | Amount |
|---|
| Clinch County Hospital Authority | Funding To Expand Or Preserve the Availability of Staple and Perishable Foods in Underserved Areas With Low and Moderate Income Populations By Maintaining Or Increasing the Number of Retail Outlets That Offer An Assortment of Perishable and Staple Foods in Those Areas | 2023-12 | $200,000 |
| First Nations Development Institute | Funding To Expand Or Preserve the Availability of Staple and Perishable Foods in Underserved Areas With Low and Moderate Income Populations By Maintaining Or Increasing the Number of Retail Outlets That Offer An Assortment of Perishable and Staple Foods in Those Areas | 2023-12 | $200,000 |
| InAdvance | Funding To Expand Or Preserve the Availability of Staple and Perishable Foods in Underserved Areas With Low and Moderate Income Populations By Maintaining Or Increasing the Number of Retail Outlets That Offer An Assortment of Perishable and Staple Foods in Those Areas | 2023-12 | $200,000 |
| ...and 90 more grants made totalling $8,278,022 |
Who funds The Reinvestment Fund (TRF)
Grants from foundations and other nonprofits
Personnel at TRF
| Name | Title | Compensation | Date of data |
|---|
| Cheila Fernandez | Chief Operating Officer | $337,321 | 2024-11-07 |
| Tiffany Canady | Chief Financial Officer | | 2024-11-07 |
| Tiffany Patterson | Chief Communications and Mission Officer | | 2024-11-07 |
| Michael Norton | Chief Policy Analyst | | 2024-11-07 |
| Sara Vernon Sterman | Chief Program Officer | $253,399 | 2024-11-07 |
| ...and 46 more key personnel |
Financials for TRF
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $38,276,469 | $21,896,101 | 74.8% |
| Program services | $35,403,711 | $33,765,301 | 4.9% |
| Investment income and dividends | $2,691,477 | $1,544,705 | 74.2% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $-164,476 | $-3,965,575 | 95.9% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $1,837,583 | $1,237,693 | 48.5% |
| Total revenues | $78,044,764 | $54,478,225 | 43.3% |
Organizations like TRF
| Organization | Type | Location | Revenue |
|---|
| Local Initiatives Support Corporation | 501(c)(3) | New York, NY | $373,059,143 |
| Rural Community Assistance Corporation (RCAC) | 501(c)(3) | West Sacramento, CA | $39,665,671 |
| Enterprise Community Partners | 501(c)(3) | Columbia, MD | $110,122,180 |
| Opportunity Finance Network (OFN) | 501(c)(3) | Philadelphia, PA | $24,971,319 |
| Iff | 501(c)(3) | Chicago, IL | $102,836,770 |
| The national Development council | 501(c)(3) | New York, NY | $35,945,507 |
| Community Housing Capital (CHC) | 501(c)(3) | Decatur, GA | $19,688,078 |
| PolicyLink | 501(c)(3) | Oakland, CA | $66,499,230 |
| Community Reinvestment Fund (CRF) | 501(c)(3) | Minneapolis, MN | $55,474,462 |
| Coastal Enterprises (CEI) | 501(c)(3) | Brunswick, ME | $22,641,314 |
Data update history
December 6, 2024
Posted financials
Added Form 990 for fiscal year 2023
November 27, 2024
Used new vendors
Identified 3 new vendors, including , , and
November 8, 2024
Updated personnel
Identified 19 new personnel
October 26, 2024
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsCorporate foundationsBusiness and community development organizationsCommunity Development Financial InstitutionsHeadquarter / parent organizationsCharities
Issues
Community improvement
Characteristics
LobbyingNational levelReceives government fundingTax deductible donationsAccepts online donations
General information
- Address
- 1700 Market St 19th Floor
- Philadelphia, PA 19103
- Metro area
- Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
- County
- Philadelphia County, PA
- Website URL
- reinvestment.com/Â
- Phone
- (215) 574-5800
- Facebook page
- TRFundÂ
- Twitter profile
- @trfundÂ
IRS details
- EIN
- 23-2331946
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1985
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- S20: Community, Neighborhood Development, Improvement
- NAICS code, primary
- 522120: Savings Institutions
- Parent/child status
- Central organization
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