| 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 | 2022-12 | General Operating | $2,500,000 |
| The Bank of America Charitable Foundation | 2022-12 | Program/operating Support | $100,000 |
| Local Initiatives Support Corporation | 2022-12 | See Part Iv | $90,000 |
| ...and 5 more grants received | |||
| Name | Title | Compensation | Date of data |
|---|---|---|---|
| Gustavo Lasala | President and Chief Executive Officer | $260,853 | 2023-05-15 |
| Anthony Hedger | Chief Financial Officer | $136,667 | 2022-12-31 |
| Jennifer Palecek | Senior Vice President of Philanthropic Partnerships | $139,196 | 2022-12-31 |
| Julia Dunn | Past Chief Financial Officer Through 08 and 2021 | $104,440 | 2021-12-31 |
| Brian Hall | Vice Chair | $0 | 2022-12-31 |
| ...and 12 more key personnel | |||
| Revenues | FYE 12/2022 |
|---|---|
| Total grants, contributions, etc. | $7,162,182 |
| Program services | $3,612,393 |
| Investment income and dividends | $326,910 |
| Tax-exempt bond proceeds | $0 |
| Royalty revenue | $0 |
| Net rental income | $86,467 |
| Net gain from sale of non-inventory assets | $-1,486 |
| Net income from fundraising events | $0 |
| Net income from gaming activities | $0 |
| Net income from sales of inventory | $0 |
| Miscellaneous revenues | $0 |
| Total revenues | $11,186,466 |
| Fiscal year ending | Date received by IRS | Form | PDF link |
|---|---|---|---|
| 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 |
| 2018-12 | 2019-10-12 | 990 | View PDF |
| ...and 9 more Form 990s | |||
| Organization | Type | Location | Revenue |
|---|---|---|---|
| Ohio Community Development Finance Fund | 501(c)(3) | Columbus, OH | $9,454,085 |
| Community Loan Fund of New Jersey | 501(c)(3) | New Brunswick, NJ | $18,328,900 |
| Locus Impact Fund | 501(c)(3) | Christiansburg, VA | $9,556,651 |
| Coastal Enterprises (CEI) | 501(c)(3) | Brunswick, ME | $13,614,519 |
| Grow America Fund | 501(c)(3) | New York, NY | $3,801,712 |
| Washington Area Community Investment Fund | 501(c)(3) | Washington, DC | $9,086,978 |
| Valley Partners | 501(c)(3) | Youngstown, OH | $7,559,367 |
| The Reinvestment Fund (TRF) | 501(c)(3) | Philadelphia, PA | $54,478,225 |
| Colorado Enterprise Fund (CEF) | 501(c)(3) | Denver, CO | $16,879,154 |
| Access Community Capital | 501(c)(3) | Las Vegas, NV | $6,234,900 |
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