Nonprofit or community organization
Last modified: November 8, 2011, 5:59 PM
As one of the nation's leading community development financial institutions (CDFI), Nonprofit Finance Fund® (NFF) makes millions of dollars in loans to nonprofits and pushes for fundamental improvement in how money is given and used in the sector. Since 1980, we've worked to connect money to mission effectively so that nonprofits can keep doing what they do so well.
We provide a continuum of financing, consulting, and advocacy services to nonprofits and funders nationwide. Our services are designed to help great organizations stay in balance, so that they're able to successfully adapt to changing financial circumstances -- in both good and bad economic times -- and grow and innovate when they're ready. In addition to loans and lines of credit for a variety of purposes, we organize financial training workshops, perform business analyses, and customize our services to meet the unique financial needs of each client. For funders, we provide support with structuring of philanthropic capital and program-related investments, manage capital for guided investment in programs, and provide advice and research to help maximize the impact of grants.
Through our offices -- in New York, Boston, Newark, Philadelphia, Detroit, San Francisco, and Los Angeles -- we also speak out, write, and conduct research to help advocate for positive change nationwide.
As the only CDFI focused exclusively on nonprofits, NFF has lent over $235 million and leveraged $1.3 billion of capital investment on behalf of our clients. In partnership with others, we've generated $16 million for nonprofits for building reserves, cash reserves and endowments through our multi-year asset-building service, BFF. We've also provided $1.2 million in loan guarantees, $10.3 million in 9/11 recovery grants, about $13 million in capital grants, and $2 million in planning grants.