PHILADELPHIA, PA
Opportunity Finance Network
Quick Facts
- EIN
- 20-5189202
- Location
- PHILADELPHIA, PA
- Category
- Community Development
- NTEE Code
- W60
- Total Assets
- $2.6B
- Annual Income
- $2.3B
- Annual Revenue
- $2.3B
- IRS Ruling Year
- 2008
- Tax Subsection
- 501(c)(03)
About This Organization
Opportunity Finance Network is a nonprofit organization based in PHILADELPHIA, PA. It received its IRS tax-exempt ruling in 2008. The organization is classified under IRC Section 501(c)(03). It operates in the area of community development. Total assets are reported at $2.6B. Annual income is $2.3B. The organization has received $13M in foundation grants from 8 funders. It has received $4.6B in federal awards from 3 agencies.
Grants Received from Foundations
Foundation grants awarded to Opportunity Finance Network, based on IRS 990-PF filings.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Annie E Casey Foundation | $300K | 2024 | Support building capacity of CDFIs through the Finance Justice Fund |
| Kresge Foundation | $65K | 2024 | PROJECT GRANT IS TO SUPPORT OPPORTUNITY FINANCE DEVELOPMENT BUILDING SUPPORT FOR MEMPHIS' COMMUNITY DEVELOPMENT SECTOR |
| Goldman Sachs Foundation | $50K | 2024 | GRANT TO SUPPORT THE CAPACITY BUILDING OF 10,000 SMALL BUSINESSES ACCESS TO CAPITAL PARTNERS. |
| Citi Foundation | $3M | 2023 | NEXT GEN CDFI WORKFORCE PROGRAM |
| Goldman Sachs Foundation | $50K | 2023 | GRANT TO SUPPORT THE CAPACITY BUILDING OF 10,000 SMALL BUSINESSES ACCESS TO CAPITAL PARTNERS. |
| Kresge Foundation | $50K | 2023 | OFN IS REQUESTING SILVER-LEVEL SPONSORSHIP BY THE KRESGE FOUNDATION OF THE 2023 OFN CONFERENCE. |
| Citi Foundation | $2M | 2022 | NEXT GEN CDFI WORKFORCE PROGRAM |
| Citi Foundation | $2M | 2022 | NEXT GEN CDFI WORKFORCE PROGRAM |
| W K Kellogg Foundation | $750K | 2022 | aggregate capital from corporate and philanthropic sources to provide technical assistance and grant resources to build the assets of Community Development Financial Institutions that lend into minority communities and areas of persistent poverty |
| W K Kellogg Foundation | $750K | 2022 | aggregate capital from corporate and philanthropic sources to provide technical assistance and grant resources to build the assets of Community Development Financial Institutions that lend into minority communities and areas of persistent poverty |
| Surdna Foundation Inc. | $125K | 2022 | General Support |
| Surdna Foundation Inc. | $125K | 2022 | General Support |
| Kresge Foundation | $50K | 2022 | OFN IS REQUESTING SILVER-LEVEL SPONSORSHIP BY THE KRESGE FOUNDATION OF THE 2022 OFN CONFERENCE. |
| Goldman Sachs Foundation | $50K | 2022 | GRANT TO SUPPORT THE CAPACITY BUILDING OF 10,000 SMALL BUSINESSES ACCESS TO CAPITAL PARTNERS. |
| Goldman Sachs Foundation | $50K | 2022 | GRANT TO SUPPORT THE CAPACITY BUILDING OF 10,000 SMALL BUSINESSES ACCESS TO CAPITAL PARTNERS. |
| Kresge Foundation | $50K | 2022 | OFN IS REQUESTING SILVER-LEVEL SPONSORSHIP BY THE KRESGE FOUNDATION OF THE 2022 OFN CONFERENCE. |
| Ford Foundation | $45K | 2022 | CORE SUPPORT FOR OPPORTUNITY FINANCE NETWORK ANNUAL CONFERENCE, WHICH WILL CENTER AROUND THE THEME OF INVEST IN CHANGE |
| Ford Foundation | $45K | 2022 | CORE SUPPORT FOR OPPORTUNITY FINANCE NETWORK ANNUAL CONFERENCE, WHICH WILL CENTER AROUND THE THEME OF INVEST IN CHANGE |
| W K Kellogg Foundation | $2.3M | 2021 | aggregate capital from corporate and philanthropic sources to provide technical assistance and grant resources to build the assets of Community Development Financial Institutions that lend into minority communities and areas of persistent poverty |
| Surdna Foundation Inc. | $125K | 2021 | General Support |
| Goldman Sachs Foundation | $100K | 2021 | GRANT TO SUPPPORT THE CAPACITY BUILDING OF 10,000 SMALL BUSINESSES ACCESS TO CAPITAL PARTNERS. |
| Kresge Foundation | $50K | 2021 | OFN IS REQUESTING SILVER-LEVEL SPONSORSHIP BY THE KRESGE FOUNDATION OF THE 2021 OFN CONFERENCE. |
| Annie E Casey Foundation | $50K | 2021 | PROVIDE GENERAL OPERATING SUPPORT |
| Bank Of America Charitable Foundation Inc. | $25K | 2021 | OPERATIONAL SUPPORT |
| W K Kellogg Foundation | $250K | 2020 | enable the organization to achieve its mission to lead Community Development Financial Institutions/their partners to ensure that low-income, low-wealth and other disinvested people/communities have access to affordable, responsible financial products/services by providing general operating support |
| Goldman Sachs Foundation | $247K | 2020 | GRANT TO IMPLEMENT THE 10,000 SMALL BUSINESSES INITIATIVE |
| Annie E Casey Foundation | $100K | 2020 | PROVIDE GENERAL OPERATING SUPPORT |
| Goldman Sachs Foundation | $100K | 2020 | GRANT TO SUPPORT COVID-19 RELIEF EFFORTS. |
| Kresge Foundation | $50K | 2020 | TO SPONSOR THE OPPORTUNITY FINANCE NETWORK'S ANNUAL CONFERENCE TO BE HELD VIRTUALLY FROM NOVEMBER 9 - 12, 2020. |
Federal Awards Received
Federal grants and cooperative agreements from USAspending.gov.
| Agency | Program | Amount | Year |
|---|---|---|---|
| Environmental Protection Agency | 2 awards totaling $4,580,000,000 | $4.6B | 2025 |
| Department of the Treasury | 7 awards totaling $8,559,523 | $8.6M | 2025 |
| Small Business Administration | 3 awards totaling $794,454 | $794K | 2025 |
Frequently Asked Questions
What does Opportunity Finance Network do?
Opportunity Finance Network is a nonprofit organization focused on community development, based in PHILADELPHIA, PA. It is classified under IRC Section 501(c)(03).
Who funds Opportunity Finance Network?
Opportunity Finance Network has received foundation grants from Annie E Casey Foundation, Kresge Foundation, Goldman Sachs Foundation, and others. It has also received federal awards from Environmental Protection Agency, Department of the Treasury, Small Business Administration.
What is Opportunity Finance Network's annual revenue?
Opportunity Finance Network reports total assets of $2.6B. Annual income is $2.3B.
Where is Opportunity Finance Network located?
Opportunity Finance Network is located in PHILADELPHIA, PA.
Is Opportunity Finance Network a 501(c)(3)?
Yes, Opportunity Finance Network is a 501(c)(3) tax-exempt organization. Its EIN is 20-5189202. Donations to this organization may be tax-deductible.
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