Innovation Initiative
Who can apply: Currently accepting applications and proposals; detailed eligibility not provided in the scraped content.
Deadline: Currently accepting applications and proposals (no deadline provided).
OFN increases capital flow, strengthens CDFIs, and amplifies the voice of the CDFI industry by partnering with investors, funders, and policymakers to align capital with opportunity.
Opportunity Finance Network channels capital into CDFIs through operating support, pass-through funding, and program-specific grants tied to technology, finance justice, and clean energy. A defining pattern in the recent record is the scale of support for CDFI infrastructure: in 2023, OFN’s Google.org-supported technology grant program awarded $750,000 each to Oweesta Corporation and Community Reinvestment Fund, alongside another $500,000 to Entrepreneur Fund. The foundation also backs finance-justice work through subgrants such as $500,000 to Coastal Enterprises in 2024 and $500,000 to Pacific Community Ventures in 2024. Its active grant programs show a broad lending and intermediation role, including support for affordable housing, small business lending, Native community finance, rural development, and climate and green finance. Recent operating grants reinforce the same focus on CDFI capacity, with awards to organizations such as White Earth Investment Initiative and Neighborhood Development Center Inc in 2025. Across these grants, the common thread is support for lenders and intermediaries serving communities mainstream finance often misses.
Technology capacity building is a clear theme in OFN’s grantmaking. Under the OFN CDFI Tech Grant Program supported by Google.org, the foundation gave $750,000 to Community Reinvestment Fund in 2023 and $500,000 to Capital Impact Partners the same year for technology capacity and innovation. Finance justice is another recurring area: in 2024, OFN awarded $500,000 to Self-help Ventures Fund and $500,000 to Akiptan through the Finance Justice Fund as subgrants. Native community finance also appears in the recent grants record, including $500,000 operating grants in 2025 to Spruce Root Inc and Cook Inlet Lending Center Inc. Climate and green finance shows up through the Renewable and Energy Efficiency Financing Grant Program, which supported member CDFIs with grants for renewable energy and energy-efficiency financing.
Typical grants cluster at a high level: the p25 grant is $100,000, the median is $150,000, and the p75 is $250,000. Recent awards also show repeated $500,000 and $750,000 grants, especially in technology and operating support. The 2023–2025 record includes multiple recipients appearing in more than one year, such as Spruce Root, which received a $500,000 Finance Justice Fund subgrant in 2024 and a $500,000 operating grant in 2025. OFN is a regular funder with a national reach, and its grantmaking includes operating grants, subgrants, and pass-through corporate-supported programs. Some programs accept unsolicited requests, including the Renewable and Energy Efficiency Financing Grant Program and the CDFI Technology Grant Program.
$2.9M
$2.7B
$139.7M
$33.1M
Most grants fall between $100K and $250K, with a median of $150K.
25th Percentile
$100K
Median
$150K
75th Percentile
$250K
About 4% of grants go to recipients in CA.
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Grant recipients are spread across the United States, with California the top state by grant count. In the recent grants list, California recipients include San Diego, San Francisco, and Longmont’s Oweesta Corporation entry sits outside California but the list shows the country-wide spread of OFN’s work. Minnesota appears frequently too, with grants to Minneapolis, Duluth, Saint Paul, Detroit Lakes, and other locations. The record also includes Washington, Alaska, and New York recipients, such as Bellingham, Anchorage, Juneau, and Rochester. Only 4% of grants go to recipients in Pennsylvania, the foundation’s headquarters state.
OFN funds CDFIs and related organizations working in community development finance, finance justice, affordable housing, small business lending, climate and green finance, Native community finance, rural development, technical assistance, and CDFI financing and intermediation.
The typical grant size is $100,000 at the 25th percentile, $150,000 at the median, and $250,000 at the 75th percentile. Recent grants also include larger awards of $400,000, $500,000, and $750,000.
Yes. The OFN CDFI Tech Grant Program supported by Google.org awards grants for technology capacity and innovation. Recent awards in that program included $750,000 to Community Reinvestment Fund and $500,000 to Capital Impact Partners.
Yes. Native community finance appears in both its active programs and recent grants. Recent operating support went to White Earth Investment Initiative, Spruce Root Inc, Cook Inlet Lending Center Inc, Pacific Northwest Tribal Lending, and Wisconsin Native Loan Fund Inc.
The grant record is national, with California as the top state by grant count. Minnesota, Washington, Alaska, and New York also appear repeatedly among recipients, while Pennsylvania accounts for 4% of grants.
BHUMIP PATEL
2026
Source: IRS Form 990-PF, fiscal year 2026.
Current and upcoming funding from Opportunity Finance Network that your nonprofit may be able to apply for.
Who can apply: Currently accepting applications and proposals; detailed eligibility not provided in the scraped content.
Deadline: Currently accepting applications and proposals (no deadline provided).
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Create a free accountDeadlines and eligibility are summarized from public sources and may change — always confirm the details on the funder's official application page before applying.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| HOME HEADQUARTERS | SYRACUSE, NY | $215,000 | 2026 | OPERATING GRANT |
| AMPAC BUSINESS CAPITAL | ONTARIO, CA | $150,000 | 2026 | OPERATING GRANT |
| ATLANTA NEIGHBORHOOD DEVELOPMENT PARTNERSHIP | ATLANTA, GA | $150,000 | 2026 | OPERATING GRANT |
| DAKOTA RESOURCES | RENNER, SD | $150,000 | 2026 | OPERATING GRANT |
| THE SUNLIGHT LOAN FUND LLC | MINNEAPOLIS, MN | $150,000 | 2026 | OPERATING GRANT |
| TCHFH LENDING INC | SAINT PAUL, MN | $150,000 | 2026 | OPERATING GRANT |
| COMMUNITY INVESTMENT COLLABORATIVE | CHARLOTTESVILLE, VA | $150,000 | 2026 | OPERATING GRANT |
| SABRE FINANCE | BIRMINGHAM, AL | $150,000 | 2026 | OPERATING GRANT |
| REDBUD FINANCIAL ALTERNATIVES INC | HAZARD, KY | $150,000 | 2026 | OPERATING GRANT |
| FEED THE HUNGER FUND | SAN FRANCISCO, CA | $150,000 | 2026 | OPERATING GRANT |
| GREAT FALLS DEVELOPMENT AUTHORITY INC | GREAT FALLS, MT | $150,000 | 2026 | OPERATING GRANT |
| GROW SOUTH DAKOTA | SISSETON, SD | $150,000 | 2026 | OPERATING GRANT |
| NORTHWEST ACCESS FUND | SHORELINE, WA | $150,000 | 2026 | OPERATING GRANT |
| NYCEEC (NEW YORK CITY ENERGY EFFICIENCY CORPORATION) | NEW YORK CITY, NY | $150,000 | 2026 | OPERATING GRANT |
| RAINIER VALLEY COMMUNITY DEVELOPMENT FUND | SEATTLE, WA | $150,000 | 2026 | OPERATING GRANT |
| FIRST CHILDREN'S FINANCE | MINNEAPOLIS, MN | $150,000 | 2026 | OPERATING GRANT |
| COMMUNITY CAPITAL NEW YORK | ELMSFORD, NY | $150,000 | 2026 | OPERATING GRANT |
| COMMUNITY HEALTH CENTER CAPITAL FUND | BOSTON, MA | $150,000 | 2026 | OPERATING GRANT |
| CINCINNATI DEVELOPMENT FUND INC | CINCINNATI, OH | $100,000 | 2026 | OPERATING GRANT |
| WHITE EARTH INVESTMENT INITIATIVE | DETROIT LAKES, MN | $500,000 | 2025 | OPERATING GRANT |
| ACCESSITY | SAN DIEGO, CA | $500,000 | 2025 | OPERATING GRANT |
| NEIGHBORHOOD DEVELOPMENT CENTER INC | SAINT PAUL, MN | $500,000 | 2025 | OPERATING GRANT |
| COOK INLET LENDING CENTER INC | ANCHORAGE, AK | $500,000 | 2025 | OPERATING GRANT |
| SPRUCE ROOT INC | JUNEAU, AK | $500,000 | 2025 | OPERATING GRANT |
| PACIFIC NORTHWEST TRIBAL LENDING | BELLINGHAM, WA | $400,000 | 2025 | OPERATING GRANT |
| CO-OP FUND OF THE NORTHEAST | WATERTOWN, MA | $400,000 | 2025 | OPERATING GRANT |
| LA FUERZA UNIDA COMMUNITY DEVELOPMENT CORP | ROCKVILLE CENTRE, NY | $400,000 | 2025 | OPERATING GRANT |
| WISCONSIN NATIVE LOAN FUND INC | LAC DU FLAMBEAU, WI | $400,000 | 2025 | OPERATING GRANT |
| PATHSTONE ENTERPRISE CENTER | ROCHESTER, NY | $400,000 | 2025 | OPERATING GRANT |
| JUST COMMUNITY INC | AUSTIN, TX | $350,000 | 2025 | OPERATING GRANT |
| WORKING SOLUTIONS CDFI | SAN FRANCISCO, CA | $350,000 | 2025 | OPERATING GRANT |
| IMPACT LOAN FUND INC | PHILADELPHIA, PA | $300,000 | 2025 | OPERATING GRANT |
| ONE ROOF COMMUNITY HOUSING | DULUTH, MN | $300,000 | 2025 | OPERATING GRANT |
| VIRGINIA COMMUNITY DEVELOPMENT FUND INC | RICHMOND, VA | $300,000 | 2025 | OPERATING GRANT |
| SHARED CAPITAL COOPERATIVE | SAINT PAUL, MN | $300,000 | 2025 | OPERATING GRANT |
| CATALYTIC DEVELOPMENT FUND CORP OF NORTHERN KENTUCKY | COVINGTON, KY | $300,000 | 2025 | OPERATING GRANT |
| LATINO ECONOMIC DEVELOPMENT CENTER | SAINT PAUL, MN | $300,000 | 2025 | OPERATING GRANT |
| FOUR BANDS COMMUNITY FUND INC | EAGLE BUTTE, SD | $300,000 | 2025 | OPERATING GRANT |
| MISSION ECONOMIC DEVELOPMENT AGENCY | SAN FRANCISCO, CA | $300,000 | 2025 | OPERATING GRANT |
| PROPEL NONPROFITS | MINNEAPOLIS, MN | $300,000 | 2025 | OPERATING GRANT |
| ACCOMPANY CAPITAL | NEW YORK, NY | $250,000 | 2025 | OPERATING GRANT |
| HARLEM ENTREPRENEURIAL FUND LLC | NEW YORK, NY | $250,000 | 2025 | OPERATING GRANT |
| THE GENESIS FUND | BRUNSWICK, ME | $250,000 | 2025 | OPERATING GRANT |
| COMMUNITY CAPITAL NEW YORK INC | ELMSFORD, NY | $250,000 | 2025 | OPERATING GRANT |
| JUSTINE PETERSEN HOUSING & REINVESTMENT CORP | SAINT LOUIS, MO | $250,000 | 2025 | OPERATING GRANT |
| BLACK BUSINESS INVESTMENT FUND | ORLANDO, FL | $250,000 | 2025 | OPERATING GRANT |
| ALTCAP | KANSAS CITY, MO | $250,000 | 2025 | OPERATING GRANT |
| NORTHERN GREAT LAKES INITIATIVES | MARQUETTE, MI | $250,000 | 2025 | OPERATING GRANT |
| TMC COMMUNITY CAPITAL | OAKLAND, CA | $250,000 | 2025 | OPERATING GRANT |
| CIVIC COMMUNITY PARTNERS | SAN DIEGO, CA | $250,000 | 2025 | OPERATING GRANT |
AMPAC BUSINESS CAPITAL
$150,000OPERATING GRANT
THE SUNLIGHT LOAN FUND LLC
$150,000OPERATING GRANT
TCHFH LENDING INC
$150,000OPERATING GRANT
SABRE FINANCE
$150,000OPERATING GRANT
REDBUD FINANCIAL ALTERNATIVES INC
$150,000OPERATING GRANT
GREAT FALLS DEVELOPMENT AUTHORITY INC
$150,000OPERATING GRANT
NORTHWEST ACCESS FUND
$150,000OPERATING GRANT
NYCEEC (NEW YORK CITY ENERGY EFFICIENCY CORPORATION)
$150,000OPERATING GRANT
RAINIER VALLEY COMMUNITY DEVELOPMENT FUND
$150,000OPERATING GRANT
COMMUNITY HEALTH CENTER CAPITAL FUND
$150,000OPERATING GRANT
CINCINNATI DEVELOPMENT FUND INC
$100,000OPERATING GRANT
WHITE EARTH INVESTMENT INITIATIVE
$500,000OPERATING GRANT
COOK INLET LENDING CENTER INC
$500,000OPERATING GRANT
PACIFIC NORTHWEST TRIBAL LENDING
$400,000OPERATING GRANT
CO-OP FUND OF THE NORTHEAST
$400,000OPERATING GRANT
LA FUERZA UNIDA COMMUNITY DEVELOPMENT CORP
$400,000OPERATING GRANT
PATHSTONE ENTERPRISE CENTER
$400,000OPERATING GRANT
IMPACT LOAN FUND INC
$300,000OPERATING GRANT
VIRGINIA COMMUNITY DEVELOPMENT FUND INC
$300,000OPERATING GRANT
SHARED CAPITAL COOPERATIVE
$300,000OPERATING GRANT
PROPEL NONPROFITS
$300,000OPERATING GRANT
HARLEM ENTREPRENEURIAL FUND LLC
$250,000OPERATING GRANT
THE GENESIS FUND
$250,000OPERATING GRANT
BLACK BUSINESS INVESTMENT FUND
$250,000OPERATING GRANT
ALTCAP
$250,000OPERATING GRANT
NORTHERN GREAT LAKES INITIATIVES
$250,000OPERATING GRANT
TMC COMMUNITY CAPITAL
$250,000OPERATING GRANT
CIVIC COMMUNITY PARTNERS
$250,000OPERATING GRANT