As one of the nation's leading community development financial institutions, 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, NFF has worked to connect money to mission effectively so that nonprofits can keep doing what they do so well.
Through their 7 offices, NFF also speaks out, writes, and conducts research to help advocate for positive change nationwide. As the only national CDFI focused exclusively on nonprofits, NFF has lent over $250 million and leveraged $1.4 billion of capital investment on behalf of their clients. In partnership with others, NFF has generated $16 million for nonprofits for building reserves, cash reserves and endowments through their multiyear asset-building service, BFF. They 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.
The Nonprofit Finance Fund (NFF) uses HFFI financing to offer healthy food retail outlets coupled with education and outreach programs that promote food purchasing behavior change in low-income communities. Some funds from this award were used to create a hydroponic produce farm in Brooklyn, New York.