$20.4M in expenses

NFF is a nonprofit lender, consultant, and advocate. For 45 years, we've helped organizations access the money and resources they need to realize their communities' aspirations. Alongside others, we're working to build community wealth and well-being and put affordable housing, essential services, quality jobs, and excellent education within reach of more people. As a community development financial institution (cdfi) NFF manages a portfolio of over $351 million. Since 1980, we have provided over $1.2 billion in financing and access to additional capital in support of over $4.1 billion in projects for nearly a thousand 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 advance community-led solutions and identify and advocate for practices that ensure organizations are positioned to achieve their goals, whether that is opening up access to capital or reinforcing the importance of covering the full costs of delivering programs.learning and sharing cutting-edge data, insights, and resources to support social change and community-led solutions .in 2024, NFF staff continued to primarily work remotely in the geographic regions of new york, philadelphia, boston, los angeles, and oakland. Offices in these regions have reopened for staff access. A selection of NFF's services include:access to capitalloans: NFF typically makes loans up to $8 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 $436 million in NMTC from the us department of the treasury, which NFF uses to provide flexible financing to organizations and projects that increase access to human services, healthcare, education, arts and culture, youth and workforce development, and much more in communities across the us. 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 us communities. In 2024, NFF originated over $90 million in total new lending to 36 organizations. 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 financial coaching, 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 strength, sustainability and a thriving sector. 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 managers to help them better communicate their financial story to funders, lenders, and others. In 2024, NFF provided tailored financial management and financial consulting to 189 nonprofits. NFF also reached nearly 2,126 nonprofit leaders through short engagements, events, and consulting webinars. Workshops and online resources: NFF's workshops, webinars, and online resources offer nonprofit leaders insights, 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 2024, consultants built a complete curriculum for full cost funding including videos and workshops that introduce and define the themes and key drivers of full cost, specialized consulting services that support organizational leaders with the financial analysis and strategic decision-making that articulate the full cost needs, and a detailed workbook that organizations can access online to assess the full costs of their programs. They also created a series of webinars on accessing and managing debt as part of the nonprofit business model, helping nonprofit leaders understand why, when and how to leverage financing in the management and delivery of their programs. Advocacy and accessible insights: informed by our work with clients and funders, we advocate for public policy changes that benefit nonprofits system-wide, better positioning them for financial stability and resilient mission delivery. We support our advocacy work with accessible insights and research like the state of the nonprofit sector survey, delivered through reports, tools, articles, and speaking engagements. In 2024, NFF published 83 pieces of content that advocated for a stronger social sector.