Annual Report 2024
“The greatness of a community is most accurately measured by the compassionate actions of its members.”
2025 has so far presented many reminders of the value of Nonprofit Finance Fund’s work building community wealth and well-being by increasing access to financial resources. I can’t help but consider our 2024 accomplishments against the pressures of our present moment. Communities across the country and the nonprofits that serve them are facing immense difficulties, from natural disasters to deepening legal and political attacks.
Yet it is within these communities that we also find hope. They connect us and sustain us as we fight for fairness and justice. NFF’s mission is to advance community wealth and well-being because community is where we believe the greatest change is possible. We all benefit when communities are equipped not just to endure, but to build and lead toward a more just future.
NFF is invested in the transformative power of community. Since 1980, we have invested $1.3 billion in nearly 1,000 organizations, impacting more than 10.3 million people. Our consulting has served thousands of organizations and hundreds of thousands of individuals.
I invite you to download our 2024 Annual Report to learn how our lending, consulting, and advocacy help nonprofits directly support their communities and build their resilience and sustainability.
Warmly,
Aisha Benson
Building Community Wealth and Well-being
Financing
In 2024 NFF originated $90 million in total new loans to 36 organizations, which was leveraged to support over $366 million in total project funding. Our 2024 financing benefits more than 735,000 individuals and families, as our clients build 1,800 units of affordable housing and create or preserve 1 million square feet of space across 18 educational and community facilities. We partnered with 10 other lenders to help bring these projects to life.
Consulting
In 2024 NFF provided more than 25,700 hours of financial management and financial consulting to nearly 200 nonprofits. We also reached over 2,000 nonprofit leaders through events, workshops, and webinars. We partnered with funders to provide pass-through grants totaling $1 million to 26 organizations.
Report Highlights
In addition to data from our lending, consulting, and advocacy, the 2024 Annual Report digs into our work with clients, funders, and partners. Download the report to learn:
How Sierra House is building and preserving quality affordable housing in Newark, New Jersey with the help of NFF financing.
How Little Tokyo Service Center is preserving Los Angeles’ cultural and historic legacy though financing from NFF and other Community Financial Development Institutions (CDFIs).
How NFF’s Anne Robinson, Senior Director, Education Financing, approaches financing charter schools to get to a “yes” where others say “no.”
How capital and consulting combined to multiply impact for Conrad N. Hilton Foundation grantees, with zero-interest, no-fee loans and free financial management consulting.
How thinking about personal finance can help us better understand nonprofit finance – an enlightening interview with Preethi Kumaran, Manager, Consulting.
Our goal in all that we do is to promote community wealth and well-being in the form of jobs and services that support thriving communities, and greater agency of community members to control community resources.