When Money met Mission

ECONOMY

by THE OLBIOS TEAM

The Nonprofit Finance Fund (NFF) unlocks the potential of mission-driven organizations through tailored investments, strategic advice and accessible insights. Founded in 1980, NFF helps organizations connect money to mission effectively, and supports innovations such as growth capital campaigns, cross-sector economic recovery initiatives and impact investing. A leading community development financial institution (CDFI), NFF has provided $550 million in financing and access to additional capital in support of over $1.4 billion in projects for thousands of organizations nationwide. In partnership with others, they’ve generated $16 million for nonprofits for building reserves, cash reserves and endowments through our multi-year asset-building service, BFF. They’ve 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. They offer strategic advice because organizations facing fundamentally new realities require more than just financial insight and analysis. They need to identify and implement new ways of operating. And their strategic advice must inform how systems of finance and service delivery can evolve, not just how individual organizations operate more efficiently within unsustainable systems. They finally derive insights from their on-the-ground work and communicate them to social sector leaders in accessible ways that will ultimately influence what they do to connect money and mission more effectively. Nonprofit Finance Fund_website Website: http://nonprofitfinancefund.org/

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