Supporters & Initiatives

NFF sees community-led organizations as drivers of economic resiliency, well-being, and financial equity. Financially secure nonprofits provide jobs for diverse residents, retain local ownership of critical community assets, and invest in neighborhood stability and wealth-building.   

Yet intentional disinvestment, economic exclusion, and systemic racism have created inequitable realities for nonprofits  serving communities of color. To address these challenges, NFF creates opportunities for philanthropic, corporate, and government partners to support nonprofits to become financially sound and have the resources needed to sustain their critical work. We do this by providing loans and financial consulting to community-centered nonprofits.

2023 highlights include:

  • Originating $50 million in total new lending to 32 organizations, financing that will benefit thousands of individuals and families
  • Providing direct, tailored financial management and financial consulting to 170 nonprofits and reaching thousands of nonprofit leaders through short engagements, events, and consulting webinars
  • Continuing to share data, stories, and advice from the 1,100+ nonprofit leaders who took our 2022 State of the Nonprofit Sector Survey about the impact of the pandemic as well as events that activated calls for racial justice

Below are examples of initiatives made possible by our generous supporters. 

Initiatives

NFF provided over $100 million in zero-interest flexible loans, paired with culturally responsive technical assistance and financial counseling for organizations serving people of color in communities severely impacted by COVID-19 in New York, the Bay Area, Philadelphia, and Los Angeles.
NFF and Capital Impact Partners joined together to form the Catalyzing Finance for Racial Equity project to understand how nonprofits have experienced working with CDFIs, as well as how some local and national CDFIs have successfully taken steps to address inequity within their own lending practices. The goal of the project was to identify new ways that CDFIs can center communities of color in how they lend and invest. Findings are captured in a report highlighting five building blocks to increase racial equity in CDFI lending.
A project to support leaders of colors from three networks – BMe, Citizens Committee for New York City, and the Hispanic Federation – to adapt in the pandemic and beyond. NFF partnered with each network to co-design programs and pass-through unrestricted funding to boost their member nonprofits’ financial capacity and health.
The State of the Nonprofit Sector Survey collects data about US nonprofits’ health and challenges and transforms it into an accessible, evidence-based illustration of nonprofits’ ability to help the communities we all serve. Nonprofits regularly cite the survey to support funding requests and peers rely on it as a bellwether for nonprofit financial health. The 2022 survey, conducted in partnership with EVITARUS and Ambit 360, gathered responses from 1,100+ respondents across the US. The Bank of America Charitable Foundation has supported the State of the Nonprofit Sector Survey since 2010.

Our Supporters

NFF Enterprise Supporters

  • Mackenzie Scott
  • The Ford Foundation

Supporters for Equitable Deployment of Capital

  • The Harry and Jeanette Weinberg Foundation
  • Wells Fargo
  • Conrad N. Hilton Foundation
  • CDFI Fund
  • W.K. Kellogg Foundation

High Impact Programmatic Supporters

  • Mellon Foundation
  • The Colorado Health Foundation
  • The California Endowment
  • The Robert Wood Johnson Foundation
  • The Prudential Foundation
  • Bank of America Charitable Foundation
  • California Community Foundation
  • The Vanguard Group Foundation
  • Morgan Stanley
  • New Jersey State Council on the Arts
  • Trinity Church Wall Street
  • Cedars-Sinai 

 

Nonprofit Sector Story

The business of small business

Supporting CEE’s transition to 501(c)(3) nonprofit organization | The business of small business

Client spotlights

Housing / Nonprofit Sector Story

Preserving Cultural Legacy in LA’s Little Tokyo

Little Tokyo Service Center and Go For Broke National Education Center Housing / Nonprofit Sector Story | Preserving Cultural Legacy in LA’s Little Tokyo
Nonprofit Sector Story

The business of small business

Supporting CEE’s transition to 501(c)(3) nonprofit organization Nonprofit Sector Story | The business of small business
Education / Nonprofit Sector Story

OASIS Hub

Fueling Hope Across Generations Education / Nonprofit Sector Story | OASIS Hub

Join Us

A thriving nonprofit ecosystem relies on the strength of our philanthropic
and investment partnerships. Following the lead of those closest to the work ensures our philanthropic partnerships actualize community aspirations, increase access to capital, and reimagine a more inclusive social sector.

Contact us to learn more