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Non-Profit Foundation
nff.org

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Investments

1

Partners & Customers

3

About Nonprofit Finance Fund

Nonprofit Finance Fund advances missions and social progress in underserved communities through financing, consulting, partnerships, and knowledge-sharing.

Nonprofit Finance Fund Headquarters Location

5 Hanover Square 9th Floor

New York, New York, 10004,

United States

212 457 4700

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Latest Nonprofit Finance Fund News

Nonprofit Finance Fund Selects Aisha Benson as CEO and President

Jul 1, 2022

Aisha Benson, a leader with a substantial track record advancing racial equity in community development finance, was selected after an extensive nationwide search and brings exceptional industry expertise, deep networks, and a passion for social justice to the position. She will be NFF’s third permanent CEO and President in its 42-year history. “Aisha is the right leader at the right time to support NFF’s efforts to help mission-driven organizations achieve communities’ aspirations,” said Henry A. J. Ramos, NFF Board Chair. “Her vision, experience and relationships are an exciting match as NFF continues its tremendous growth.” Benson will start on August 8, and will be based in New York. She joins NFF from TruFund Financial Services, where as Executive Vice President and COO she was instrumental in developing strategy, securing new business, fundraising, and overseeing lending and tax credit services. Benson serves on several key industry boards, including the Opportunity Finance Network, NMTC Coalition (Board Chair) and New York CDFI Coalition (founding member and Vice President). She also serves on the advisory boards of the Community Development Entities of US Bank and Coastal Enterprises. “NFF has earned a reputation for challenging status-quo finance and philanthropy and advocating for the nonprofits we rely on for so much,” said Benson. “I look forward to leveraging my industry expertise and lived experience to further hone NFF’s strategy and approach to integrating the flow of capital and advisory services in ways that maximize community collaboration and create transformational, sustainable outcomes for communities of color.” Benson takes the helm from NFF interim CEO and President  Trella Walker , who along with Executive Transition Team colleagues Kristin Giantris and Andrea Briscoe has been leading NFF since June 2021 when longtime CEO Antony Bugg-Levine announced his planned departure. Over the past ten years, NFF has increased its loan portfolio by 400 percent, built a diverse team with a broad range of expertise, and accrued $54 million in net assets without donor restrictions (as of Dec. 2021) to invest in its mission. Recent initiatives including the Strategic Innovation Fund, COVID-19 recovery zero-interest loan funds, the State of the Nonprofit Sector Survey, and Rising Together exemplify NFF’s commitment to using its assets and resources in service of community-based nonprofits, particularly those led by and serving people of color. As Walker moves on from NFF she will continue her longstanding consulting practice focused on strategy and impact, organizational change management, and DEI (diversity, equity, inclusion) and belonging—all areas of deep expertise she drew on to help NFF navigate a season of transition. “It has been a true honor to help move NFF forward by strengthening our ability to serve communities of color with staff and resources aligned with our strategy and now Aisha can advance our commitment with great fervor and fortitude,” said Walker. “I am excited to see NFF’s next chapter.” “We are deeply grateful to Trella and the Executive Transition Team for skillfully guiding NFF in bold pursuit of its strategy, and know that other mission-driven organizations will benefit from her sage counsel,” said Ramos. “To be in such a strong position, especially amid more global changes in our field and in the world, is a testament to the skill and determination of this team in service of NFF’s mission.” Benson was selected as part of a comprehensive, nationwide search led by NPAG in partnership with NFF’s board.

Nonprofit Finance Fund Investments

1 Investments

Nonprofit Finance Fund has made 1 investments. Their latest investment was in TechSoup as part of their Loan on December 12, 2018.

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Nonprofit Finance Fund Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

12/27/2018

Loan

TechSoup

$4M

Yes

2

Date

12/27/2018

Round

Loan

Company

TechSoup

Amount

$4M

New?

Yes

Co-Investors

Sources

2

Nonprofit Finance Fund Partners & Customers

3 Partners and customers

Nonprofit Finance Fund has 3 strategic partners and customers. Nonprofit Finance Fund recently partnered with Prudential on July 7, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

7/7/2021

Partner

United Kingdom

Newark’s Community Development Corporations (CDCs) Boost Their Ability to Meet Long-Term Neighborhood Needs. The Prudential Foundation Partners with Nonprofit Finance Fund to Lead the $1M Newark Nonprofit Capacity Accelerator, Supporting CDCs with Services from Cause Effective, Institute for Nonprofit Practice, Nonprofit Finance Fund, Prudential Financial, and Taproot Foundation.

Taproot Foundation for tailored pro bono engagements in partnership with a diverse array of Prudential employees , including Prudential 's executive leadership group , leveraging their expertise in areas such as technology , marketing , and human resources .

1

5/11/2020

Partner

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10

3/30/2015

Client

United States

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10

Date

7/7/2021

5/11/2020

3/30/2015

Type

Partner

Partner

Client

Business Partner

Country

United Kingdom

United States

News Snippet

Newark’s Community Development Corporations (CDCs) Boost Their Ability to Meet Long-Term Neighborhood Needs. The Prudential Foundation Partners with Nonprofit Finance Fund to Lead the $1M Newark Nonprofit Capacity Accelerator, Supporting CDCs with Services from Cause Effective, Institute for Nonprofit Practice, Nonprofit Finance Fund, Prudential Financial, and Taproot Foundation.

Taproot Foundation for tailored pro bono engagements in partnership with a diverse array of Prudential employees , including Prudential 's executive leadership group , leveraging their expertise in areas such as technology , marketing , and human resources .

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Sources

1

10

10

Nonprofit Finance Fund Team

1 Team Member

Nonprofit Finance Fund has 1 team member, including former Executive Vice President, Leon Wilson.

Name

Work History

Title

Status

Leon Wilson

Executive Vice President

Former

Name

Leon Wilson

Work History

Title

Executive Vice President

Status

Former

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