Nonprofit Finance Fund

What Nonprofit Finance Fund does

Nonprofit Finance Fund (NFF) is a 501(c)(3) nonprofit and U.S. Treasury–designated Community Development Financial Institution (CDFI) founded in 1980 and headquartered in New York City. The organization operates four integrated service lines: Financing (flexible loans and New Markets Tax Credit structuring for nonprofits, including a $5 million revolving loan fund for Inland Empire nonprofits and a $17.5 million NMTC deal in Memphis); Consulting (customized engagements that build financial management capability, anchored by the proprietary Full Cost Framework methodology); Advocacy & Research (data-driven systemic change efforts, including the annual State of the Nonprofit Sector Survey); and Collaborations (cross-sector partnerships with banks, foundations, and CDFI intermediaries such as TD Bank, U.S. Bank, U.S. Bancorp Impact Finance, and the Robert Wood Johnson Foundation).

NFF's customer base consists of two primary segments: (1) social-sector nonprofits needing capital access, financial management coaching, and tools to address limited reserves and lean finance staffing, and (2) funders and investors (foundations, banks, impact investors) seeking structured mechanisms such as NMTC allocations to deploy capital into community-centered projects. Named engagements span early childhood education (South City Early Childhood Education Center, Memphis), affordable housing (California community land trusts), regional service delivery (Inland Empire nonprofits, Metro NYC nonprofits), and social services research (Philadelphia nonprofit survey).

The business model operates as a nonprofit CDFI rather than a for-profit enterprise. Revenue is generated through interest and fees on deployed loan capital, consulting engagements, and contributed income from foundations, banks, and the federal CDFI Fund. Pricing is not publicly disclosed and terms are tailored per engagement; loan tickets for the Inland Empire program range from $100,000 to $400,000. Distribution is primarily direct engagement with nonprofits and funders, supplemented by self-serve free resources (templates, webinars, guides) on the NFF website. NFF is currently relocating its headquarters from 5 Hanover Square (Financial District) to 8,393 square feet at 880 Third Avenue (Midtown Manhattan) under a 10-year lease, with occupancy expected November 2026.

Name

Nonprofit Finance Fund

Legal name

Nonprofit Finance Fund

Website

https://nonprofitfinancefund.org

Company type

Private

Founded year

1980

Operating status

Operating

Headcount range

101–250 employees

Short description

Nonprofit Finance Fund is a 501(c)(3) and federally designated Community Development Financial Institution that provides flexible financing, consulting, advocacy, and research to U.S. nonprofits and their funders, anchored by its Full Cost Framework methodology and annual State of the Nonprofit Sector Survey.

Ownership category

akta.pro rank

Product category

Nonprofit Financial Services

NAICS

Funds, Trusts, and Other Financial Vehicles (525)

SIC

Miscellaneous Business Credit Institution (6159), Federal & Federally-Sponsored Credit Agencies (6111)

akta.pro primary industry

Impact Investing & Social Finance (Funds, CDFIs, Microfinance) (BPAGALAA)

akta.pro secondary industry

Corporate Foundations & CSR Grantmaking (BPAGAKAC)

Keywords

• Nonprofit lending
• Community development finance
• Financial consulting services
• Nonprofit financial management
• CDFI lending services

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Financing/Loans: NFF provides flexible financing to help nonprofits sustain and grow. They manage loan funds including a $5 million revolving loan fund for Inland Empire nonprofits with loans ranging from $100,000 to $400,000.
2. Consulting Services: NFF offers customized consulting services that strengthen financial management capabilities for nonprofit organizations.
3. Advocacy & Research: NFF produces data, resources, and thought leadership to drive systemic change and improve funding flows for the nonprofit sector, including the annual State of the Nonprofit Sector Survey.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

Core offering

Nonprofit Finance Fund (NFF) is a nonprofit 501(c)(3) and Community Development Financial Institution (CDFI) that provides flexible financing (loans), customized consulting services, advocacy and research, and cross-sector collaborations to help nonprofit organizations strengthen their financial management capabilities. They offer tools such as the Full Cost Framework methodology and publish the annual State of the Nonprofit Sector Survey, serving both nonprofits seeking capital and funders/investors seeking to deploy capital effectively.

Product overview

Nonprofit Finance Fund (NFF) offers a comprehensive suite of capital, consulting, and thought leadership services designed for nonprofits, funders, and investors. The core portfolio consists of four integrated service areas: Financing (flexible loans and financial solutions), Consulting (customized services for financial management), Advocacy & Research (data-driven insights and systemic change initiatives), and Collaborations (cross-sector partnerships). Supporting these core offerings are specialized tools including the Full Cost Framework methodology, the Nonprofit Sector Survey research product, and various free resources such as the Cash Flow Projection Template and Nonprofit Financial Management Webinars. NFF positions itself as both a nonprofit lender/CDFI and a strategic partner for social sector organizations seeking to build financial resilience.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• $17.5 million in New Markets Tax Credit financing closed for South City Early Childhood Education Center in Memphis
• +2 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Five partnerships are on record, tiered major, core and minor.

• TD BankmajorGTM or Marketing Partner · 2 April 2026TD Bank co-hosted a financial management workshop with NFF in New York City designed to help nearly 100 Metro New York nonprofit leaders tackle challenges in budgeting, financial forecasting, and decision-making. TD highlighted broader community support through grants, volunteer programs, and banking services.
• MBS Urban InitiativescoreStrategic or Co-development Partner · 5 November 2025MBS Urban Initiatives partnered with U.S. Bancorp Impact Finance and NFF to close $17.5 million in New Markets Tax Credit financing for the South City Early Childhood Education Center in Memphis, Tennessee. The project aims to expand access to high-quality early childhood education and revitalize a previously vacant property.
• U.S. Bancorp Impact FinancecoreStrategic or Co-development Partner · 5 November 2025U.S. Bancorp Impact Finance partnered with MBS Urban Initiatives and NFF to close $17.5 million in New Markets Tax Credit financing for the South City Early Childhood Education Center in Memphis, Tennessee.
• OPEN Impact Real EstateminorGTM or Marketing PartnerOPEN Impact Real Estate represented NFF as tenant in their headquarters relocation lease at 880 Third Avenue in Midtown Manhattan.
• Jack Resnick & SonsminorOthersJack Resnick & Sons represented the building ownership and negotiated the lease agreements at 880 Third Avenue, including NFF's 8,393 square foot, 12-year lease on the 12th floor.

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Capital Impact Partners: A national CDFI providing financing and consulting to nonprofits and communities—directly overlapping with NFF's lending-plus-advisory model and similar mission-driven borrower base.
• The Reinvestment Fund: A CDFI that finances nonprofits, housing, and community development projects across the U.S., competing for similar borrower relationships and capital-provider mandates as NFF.
• Local Initiatives Support Corporation (LISC): One of the largest CDFIs in the U.S., providing loans, equity, and technical assistance to nonprofits and community developers—broadly overlapping with NFF's product set and target segments.
• RSF Social Finance: A nonprofit financial organization providing loans, investments, and giving services to social enterprises and nonprofits—closely aligned with NFF's integrated capital, advisory, and philanthropy offerings.
• BlueHub Capital: A CDFI providing loans and investments to nonprofits and community enterprises in underserved markets—directly comparable to NFF in lending products and mission focus.
• Calvert Impact Capital: A nonprofit impact-investing intermediary that pools capital to fund community organizations—comparable to NFF in mobilizing capital for mission-driven borrowers and investors.
• Low Income Investment Fund (LIIF): A CDFI focused on financing nonprofits serving low-income communities—competing with NFF in affordable housing, early childhood education, and community-services lending.

Emerging players

• Beneficial State Bank: A CDFI-certified community development bank serving nonprofits and mission-driven businesses—an adjacent competitor offering some overlapping products, though structured as a bank rather than a nonprofit.
• ImpactAssets: A nonprofit impact investing platform offering donor-advised funds and notes to channel capital into social impact—overlapping with NFF on the funder/investor side of the ecosystem.

Others

• Opportunity Finance Network: The national CDFI industry association and capital intermediary—an ecosystem partner that convenes, advocates for, and routes capital to CDFIs like NFF, making it thematically related rather than a direct competitor.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@NonprofitFinanceFund
• LinkedInlinkedin.com/company/nonprofit-finance-fund
• Xx.com/nff_news
• Facebookfacebook.com/nonprofitfinancefund

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds5 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Nonprofit Finance Fund