Nonprofit Finance Fund

TO SUPPORT MISSION-DRIVEN ORGANIZATIONS WITH FINANCING, ADVICE AND KNOWLEDGE.

NFF ADVANCES ECONOMIC AND SOCIAL PROGRESS IN COMMUNITIES THROUGH FINANCING, CONSULTING, PARTNERSHIPS, AND KNOWLEDGE-SHARING THAT HELP MISSION-DRIVEN ORGANIZATIONS ADAPT, THRIVE, AND DRIVE POSITIVE CHANGE. WE BELIEVE THAT ALONGSIDE OTHERS WE MUST BUILD A MORE EQUITABLE AND JUST SOCIAL SECTOR, AND ARE COMMITTED TO HELPING COMMUNITY-CENTERED ORGANIZATIONS LED BY AND SERVING PEOPLE OF COLOR ACCESS THE MONEY AND RESOURCES THEY NEED TO REALIZE THEIR COMMUNITIES' ASPIRATIONS AS A LEADING CDFI, NFF CURRENTLY MANAGES OVER $435 MILLION OF INVESTMENTS. SINCE 1980, NFF HAS PROVIDED OVER $1.1 BILLION IN FINANCING AND ACCESS TO ADDITIONAL CAPITAL IN SUPPORT OF OVER $3.5 BILLION IN PROJECTS FOR THOUSANDS OF ORGANIZATIONS NATIONWIDE. NFF WORKS TOWARD A MORE JUST AND VIBRANT SOCIETY THROUGH: FINANCING FOR NONPROFITS AND SOCIAL ENTERPRISES THAT ARE WORKING HARD TO REALIZE THE HIGHEST ASPIRATIONS OF THEIR COMMUNITIES. CONSULTING THAT HELPS NONPROFIT LEADERS AND THEIR FUNDERS MAKE DECISIONS THAT STRENGTHEN THE CONNECTION BETWEEN MONEY AND MISSION SUCCESS. PARTNERING WITH SERVICE PROVIDERS, FUNDERS, AND INVESTORS TO IDENTIFY AND ADVOCATE FOR PRACTICES THAT ENSURE ORGANIZATIONS ARE POSITIONED TO ACHIEVE THEIR GOALS, WHETHER THAT IS SHIFTING TOWARD A SYSTEM THAT TIES FUNDING TO RESULTS OR THE IMPORTANCE OF COVERING THE FULL COSTS OF DELIVERING PROGRAMS. LEARNING AND SHARING CUTTING-EDGE DATA, INSIGHTS, AND RESOURCES TO SUPPORT SOCIAL CHANGE AND ILLUMINATE PATHS TO SOLVING COMPLEX SOCIAL ISSUES.IN 2021, NFF STAFF PRIMARILY WORKED REMOTELY IN THE GEOGRAPHIC REGIONS OF NEW YORK, PHILADELPHIA, BOSTON, LOS ANGELES, AND OAKLAND. OFFICES IN THESE REGIONS GRADUALLY REOPENED FOR STAFF ACCESS FOLLOWING THE IMPLEMENTATION OF SPECIFIC COVID-19 SAFETY PROTOCOLS AND ACCORDING TO STATE LEVEL REQUIREMENTS. A SELECTION OF NFF'S SERVICES INCLUDE:ACCESS TO CAPITALLOANS: NFF TYPICALLY MAKES LOANS RANGING FROM $50,000 TO $5 MILLION AND PROVIDES FINANCING INDEPENDENTLY AND IN PARTNERSHIP WITH OTHER LENDERS, TO NONPROFITS AND SOCIAL ENTERPRISES. THE FINANCING IS USED FOR A VARIETY OF PURPOSES INCLUDING FACILITY-RELATED NEEDS SUCH AS PROPERTY ACQUISITION, NEW CONSTRUCTION, RENOVATION, AND LEASEHOLD IMPROVEMENTS. NFF ALSO PROVIDES LOANS FOR WORKING CAPITAL AND OPERATING NEEDS INCLUDING EQUIPMENT LOANS AND LINES OF CREDIT.NEW MARKETS TAX CREDITS ("NMTC"): SINCE 2007 NFF HAS BEEN AWARDED A TOTAL OF $401 MILLION IN NMTC FROM THE U.S. DEPARTMENT OF THE TREASURY, WHICH NFF USES TO ATTRACT PRIVATE INVESTMENT TO SUPPORT NONPROFITS OPERATING IN LOW-INCOME COMMUNITIES. NFF IS ONE OF A FEW ORGANIZATIONS USING THESE CREDITS EXCLUSIVELY TO HELP FINANCE PROJECTS BENEFITING SMALL AND MID-SIZED NONPROFITS.SUPPORTING PROGRAM RELATED INVESTMENTS AND OTHER IMPACT INVESTMENTS: NFF SUPPORTS EFFORTS OF FOUNDATIONS AND OTHERS CONSIDERING THE ADDITION OF PROGRAM-RELATED AND OTHER IMPACT INVESTMENTS TO ITS PHILANTHROPIC ACTIVITY AND THOSE SEEKING ASSISTANCE WITH AN EXISTING PROGRAM. OTHER CAPITAL ACCESS AND RELATED ACTIVITIES: NFF WORKS IN PARTNERSHIP WITH FUNDERS AND OTHER PROVIDERS OF CAPITAL TO EXPLORE THOUGHTFUL, PRACTICAL APPLICATIONS OF CUTTING-EDGE IDEAS AND MORE EQUITABLE FUNDING PRACTICES SUCH AS COVERING FULL-COSTS, OFFERING CHANGE CAPITAL, AND PROVIDING THE FLEXIBLE OPERATING DOLLARS THAT NONPROFITS NEED TO SUSTAIN AND ADAPT THEIR COMMUNITY WORK. NFF'S LOANS AND OTHER FINANCING PRODUCTS EVOLVE WITH THE CHANGING NEEDS OF THE SECTOR AND U.S. COMMUNITIES. IN RESPONSE TO THE FINANCIAL CHALLENGES COVID-19 CREATED OR INTENSIFIED FOR ORGANIZATIONS, NFF IS PROVIDING ZERO-INTEREST FLEXIBLE LOANS, TECHNICAL ASSISTANCE, AND FINANCIAL COUNSELING FOR ORGANIZATIONS LED BY AND SERVING PEOPLE OF COLOR IN NEW YORK, THE BAY AREA, PHILADELPHIA, AND LOS ANGELES. AS PART OF A STRATEGIC COMMITMENT TO ADVANCE RACIAL EQUITY, NFF LAUNCHED A PLAN IN 2021 TO INVEST AT LEAST 50 PERCENT OF TOTAL LENDING DOLLARS IN ORGANIZATIONS LED BY PEOPLE OF COLOR. THIS TARGET WAS MET, WITH $35.3 MILLION (68 PERCENT) OF TOTAL INVESTMENTS GOING TO ORGANIZATIONS LED BY PEOPLE OF COLOR. ADVICE AND TRAINING CONSULTATION AND ANALYSIS: NFF IS A LEADING FINANCIAL CONSULTING PRACTICE PROVIDING SOLUTIONS-BASED ADVICE AND PARTNERSHIP TO HELP NONPROFITS AND THEIR FUNDERS ADDRESS CHANGE, CHALLENGE, OR OPPORTUNITY. WHETHER THROUGH IN-DEPTH CONSULTING SERVICES, GROUP CLINICS, OR LONG-TERM PARTNERSHIPS, NFF CONSULTANTS WORK WITH COMMUNITY-CENTERED NONPROFIT ORGANIZATIONS, NETWORKS, ORGANIZERS, FUNDERS, AND FINANCING PARTNERS TO SUPPORT COMMUNITY-LED SOLUTIONS, AND ENGAGE AND FACILITATE FUNDING THAT PROMOTES EQUITY. NFF'S CONSULTING PRACTICE LEAVES CLIENTS IN A BETTER POSITION TO BUDGET AND ADVOCATE FOR WHAT IT REALLY COSTS TO DELIVER ON MISSION, FULLY UNDERSTAND THEIR EXISTING AND POTENTIAL BUSINESS MODELS, AND PLAN FOR VARIED FINANCIAL AND OPERATIONAL SCENARIOS. NFF ALSO WORKS WITH NONPROFIT MANAGEMENT TO HELP THEM BETTER COMMUNICATE THEIR FINANCIAL STORY TO FUNDERS, LENDERS, AND OTHERS. IN 2021, NFF'S CONSULTING TEAM DEDICATED 52 PERCENT OF ALL DEEP CONSULTING SERVICES DEFINED AS 20 HOURS OR MORE TO 121 ORGANIZATIONS LED BY PEOPLE OF COLOR.WORKSHOPS: NFF'S REMOTE WORKSHOPS AND WEBINARS OFFER NONPROFIT LEADERS INSIGHT, TOOLS, AND GUIDANCE TO HELP THEIR ORGANIZATIONS ADAPT TO AN EVER-CHANGING ENVIRONMENT. CONTENT IS DESIGNED TO HELP MANAGERS AND BOARD MEMBERS BECOME MORE COMFORTABLE READING AND INTERPRETING FINANCIAL STATEMENTS AND THINKING THROUGH HOW MANAGEMENT DECISIONS AND CAPITAL STRUCTURE AFFECT AN ORGANIZATION'S MISSION AND FINANCES. IN 2021, CONSULTANTS PREPARED A FULL CURRICULUM OF NONPROFIT FINANCIAL MANAGEMENT WEBINARS IN ENGLISH AND SPANISH TO SHARE PRACTICAL TOOLS AND HELPFUL INSIGHTS FOR NONPROFIT LEADERS.