Community Finance Corporation is a private corporation based in TUCSON, AZ. The foundation received its IRS ruling in 1992. The principal officer is % Tucson Local Development Corp. It holds total assets of $966.9M. Annual income is reported at $88M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Community Finance Corporation has made 29 grants totaling $591K, with a median grant of $25K. The foundation has distributed between $145K and $150K annually from 2020 to 2023. Individual grants have ranged from $5K to $39K, with an average award of $20K. The foundation has supported 12 unique organizations. Grant recipients are concentrated in Arizona. Contributions to this foundation are tax-deductible.
Community Finance Corporation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 29 grants. Its grantmaking reaches organizations primarily in AZ.
Community Finance Corporation has distributed a total of $591K across 29 grants. The median grant size is $25K, with an average of $20K. Individual grants have ranged from $5K to $39K.
Community Finance Corporation typically selects its grantees rather than accepting unsolicited proposals.
Community Finance Corporation is headquartered in TUCSON, AZ.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Gary Molenda | DES REP | $0 | $0 | $0 |
| Kenneth Abrahams | BOARD MEMBER | $0 | $0 | $0 |
| Kathleen Perkins | VICE-PRESIDE | $0 | $0 | $0 |
| Michael Arnold | TREASURER | $0 | $0 | $0 |
| Kendall Bert | SECRETARY | $0 | $0 | $0 |
Total Giving
$84.9M
Total Assets
$835.7M
Fair Market Value
N/A
Net Worth
$-64,142,833
Grants Paid
N/A
Contributions
$0
Net Investment Income
$497K
Distribution Amount
$47K
Total Grants
29
Total Giving
$591K
Average Grant
$20K
Median Grant
$25K
Unique Recipients
12
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of Az FoundationSEE ATTACHED SCHEDULE K | Tucson, AZ | $39K | 2023 |
| Ymca Of Southern AzSEE ATTACHED SCHEDULE K | Tucson, AZ | $25K | 2023 |
| Ua-College Of EngineeringSEE ATTACHED SCHEDULE K | Tucson, AZ | $25K | 2023 |
| Flowing Wells School DistrictSEE ATTACHED SCHEDULE K | Tucson, AZ | $20K | 2023 |
| Tucson Unified School DistrictSEE ATTACHED SCHEDULE K | Tucson, AZ | $17K | 2023 |
| Michael Hammond |
| PRESIDENT |
| $0 |
| $0 |
| $0 |
| So Az Research Science AndSEE ATTACHED SCHEDULE K | Tucson, AZ | $10K | 2023 |
| Jewish Community Center OfSEE ATTACHED SCHEDULE K | Tucson, AZ | $10K | 2023 |
| El Groupo Youth CyclingSEE ATTACHED SCHEDULE K | Tucson, AZ | $25K | 2022 |
| Lead GuitarSEE ATTACHED SCHEDULE K | Tucson, AZ | $25K | 2021 |
| Community Food Bank Of Southern AzSEE ATTACHED SCHEDULE K | Tucson, AZ | $13K | 2020 |
| Womens Foundation Of Southern AzSEE ATTACHED SCHEDULE K | Tucson, AZ | $13K | 2020 |
| Growth Partners ArizonaSEE ATTACHED SCHEDULE K | Tucson, AZ | $5K | 2020 |
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