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    5. Raza Development Fund
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    Raza Development Fund

    ActiveCommunity Improvement
    PHOENIX, AZWebsite6024171400

    About Raza Development Fund

    Unlock lasting prosperity in communities across America by providing accessible financial solutions, transformative support, and collaborative partnerships—tackling challenges overlooked by traditional financial institutions.

    Focus Areas

    HealthAffordable HousingEducationHome OwnershipSmall BusinessCommunity ResiliencyCharter School FinancingNew Markets Tax Credits (NMTC)

    Who They Fund

    local communitiesneighborhood organizationscommunity residents

    Funding Style

    place-based fundingcommunity capacity building

    About Raza Development Fund

    Raza Development Fund Inc backs community development organizations with financing and capacity support, and its recent grant list shows a strong pattern of large commitments at the $500,000 level. In 2025, Madhouse Development in Austin received that amount, matching several 2023 awards to organizations such as the Spanish Speaking Unity Council of Alameda County in Oakland and Casa Familiar in San Ysidro. The foundation’s work sits across housing, health, education, small business, and community resiliency, but the recent grants point most clearly to place-based community development groups serving Latino communities. That emphasis appears in Arizona as well, where Comite De Bien Estar Inc in San Luis and Juntos Community in Phoenix both appear among the larger awards. The foundation also supports charter school and community support work, including smaller grants to schools and health-centered organizations in major urban markets. Across the recent record, Raza Development Fund Inc looks like a funder that uses financing and grants to support organizations building local infrastructure, rather than individual projects in isolation.

    What Raza Development Fund Funds

    Community development is the clearest thread in the recent grants. Raza Development Fund Inc awarded $500,000 to Metropolitan Area Advisory Committee on Anti-poverty in San Diego County in Chula Vista, and $100,000 to Dream On in San Antonio, both labeled community development. Arizona organizations also feature prominently: Empowering Latina Leaders in Arizona in Phoenix received $245,000, and Valle Del Sol Inc in Phoenix received $25,000. The foundation’s health-related support includes $25,000 to Esperanza Health Center in Chicago, $25,000 to La Clinica Del Pueblo in Washington, DC, and $25,000 to La Clinica De La Raza in Oakland. Education shows up through charter school support, including $30,000 to Amber Charter School in the Bronx and $25,000 to Math Engineering and Science Academy Charter High School in Brooklyn.

    How Raza Development Fund Gives

    The typical grant size is $20,000 at the 25th percentile, $25,000 at the median, and $125,000 at the 75th percentile. The recent record also includes repeated awards to the same recipients across years, such as Casa Familiar in 2023 and 2025 and Juntos Community Developers LLC in 2024, suggesting ongoing relationships rather than one-off giving. Raza Development Fund Inc is a regular funder and does not fund individuals or make program-related investments. Its active programs are financing-oriented and mostly unsolicited applications are not accepted, with one joint charter school bridge financing program marked as accepting unsolicited requests.

    Financial Snapshot

    Annual Giving

    $1.2M

    Total Assets

    $363.1M

    Total Revenue

    $25.7M

    Total Expenses

    $23.6M

    Typical Grant Size

    Most grants fall between $20K and $125K, with a median of $25K.

    25th Percentile

    $20K

    Median

    $25K

    75th Percentile

    $125K

    Geographic Reach

    National8 states funded

    About 41% of grants go to recipients in AZ.

    Funding intensity
    Low
    High
    Headquarters

    Leadership

    MARY ANN DONOVAN

    Accepts unsolicited proposals

    Deep Analysis

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    EIN: 52-1954196
    3 filings on record
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    programmatic support

    Topics

    community developmentcommunity supportneighborhood revitalizationlocal civic engagement

    Where Raza Development Fund Makes Grants

    Grantmaking is national, but Arizona receives the largest share of awards, with 41% of grants going to recipients in the foundation’s HQ state. Recent Arizona recipients include Phoenix, San Luis, and Glendale. Outside Arizona, the list reaches California cities such as Oakland, San Ysidro, Chula Vista, San Rafael, Stockton, Union City, Los Angeles, and Orange County-area Santa Fe Springs, as well as Austin, San Antonio, Chicago, Philadelphia, Washington, DC, the Bronx, Brooklyn, and Union City, NJ. All recorded grants in the provided sample went to US recipients.

    Frequently Asked Questions About Raza Development Fund

    What kinds of organizations does Raza Development Fund Inc support?

    The foundation supports community organizations working in community development, housing, health, education, small business, and community resiliency. Its active programs include financing for community health centers, affordable housing, homeownership, school facilities, small business support, and organizational sustainability.

    What is a typical grant size?

    Typical grants are relatively concentrated around mid-five figures: the 25th percentile is $20,000, the median is $25,000, and the 75th percentile is $125,000. The recent grants list also includes several larger $500,000 awards.

    Does Raza Development Fund Inc accept unsolicited applications?

    Most of the active programs shown do not accept unsolicited applications. The one exception in the provided program list is the Joint Charter School Bridge Financing Program, which is marked as accepting unsolicited requests.

    Is the grantmaking mostly in Arizona?

    Arizona is the top state by grant count, and 41% of grants in the provided data go to recipients in Arizona. Recent Arizona recipients include organizations in Phoenix, San Luis, and Glendale, while the broader portfolio is national.

    Are there recurring grantees in the recent grants list?

    Yes. Casa Familiar appears in both 2023 and 2025, and Juntos Community Developers LLC appears more than once in 2024. The repeated appearances suggest some ongoing relationships with selected organizations.

    Latest 990 Filing

    2025

    Source: IRS Form 990-PF, fiscal year 2025.

    Open Grant Opportunities

    Current and upcoming funding from Raza Development Fund that your nonprofit may be able to apply for.

    Open nowAward: Up to $5K

    RDF Sponsorship Program

    EducationHealthcareAffordable housing+3 more

    Who can apply: Request must align with one or more RDF objectives (expand access to education/healthcare/affordable housing/critical social services; support pathways to economic mobility and wealth-building; strengthen capacity of community-based organizations; promote community resilience). One sponsorship per organization every three years.

    Deadline: Applications are reviewed quarterly; applicants should see the review cycle deadlines before submitting.

    View & apply

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    Deadlines and eligibility are summarized from public sources and may change — always confirm the details on the funder's official application page before applying.

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    MADHOUSE DEVELOPMENTAUSTIN, TX$500,0002025COMMUNITY DEVELOPMENT
    JUNTOS COMMUNITYPHOENIX, AZ$200,0002025COMMUNITY DEVELOPMENT
    VALCOM VENTURESSANTE FE SPRINGS, CA$100,0002025COMMUNITY DEVELOPMENT
    CASA FAMILIARSAN YSIDRO, CA$100,0002025COMMUNITY DEVELOPMENT
    DREAM ONSAN ANTONIO, TX$100,0002025COMMUNITY DEVELOPMENT
    MARY'S CENTERWASHINGTON, DC$25,0002025COMMUNITY DEVELOPMENT
    TIBURCIO VASQUEZ HCUNION CITY, CA$25,0002025COMMUNITY DEVELOPMENT
    CONGRESO DE LATINOS UNIDOSPHILADELPHIA, PA$25,0002025COMMUNITY DEVELOPMENT
    ESPERANZA HEALTH CENTERCHICAGO, IL$25,0002025COMMUNITY DEVELOPMENT
    VALLE DEL SOL INCPHOENIX, AZ$25,0002025COMMUNITY DEVELOPMENT
    LA CLINICA DEL PUEBLOWASHINGTON, DC$25,0002025COMMUNITY DEVELOPMENT
    LA CLINICA DE LA RAZAOAKLAND, CA$25,0002025COMMUNITY DEVELOPMENT
    ALIVIO MEDICAL CENTERCHICAGO, IL$20,0002025COMMUNITY DEVELOPMENT
    ENTERPRISING LATINAS INCWIMAUMA, FL$15,0002025COMMUNITY DEVELOPMENT
    EMPOWERING LATINA LEADERS IN ARIZONAPHOENIX, AZ$245,0002024COMMUNITY DEVELOPMENT
    EMPOWERING LATINA LEADERS IN ARIZONAPHOENIX, AZ$245,0002024COMMUNITY DEVELOPMENT
    JUNTOS COMMUNITY DEVELOPERS LLCPHOENIX, AZ$50,0002024COMMUNITY DEVELOPMENT
    JUNTOS COMMUNITY DEVELOPERS LLCPHOENIX, AZ$50,0002024COMMUNITY DEVELOPMENT
    OPA-LOCKA COMMUNITY DEVELOPMENT CORPORATION INCOPALOCKA, FL$500,0002023COMMUNITY DEVELOPMENT
    SPANISH SPEAKING UNITY COUNCIL OF ALAMEDA COUNTY INCOAKLAND, CA$500,0002023COMMUNITY DEVELOPMENT
    VISIONARY HOME BUILDERS OF CALIFORNIA INCSTOCKTON, CA$500,0002023COMMUNITY DEVELOPMENT
    CASA FAMILIARSAN YSIDRO, CA$500,0002023COMMUNITY DEVELOPMENT
    METROPOLITAN AREA ADVISORY COMMITTEE ON ANTI-PROVERTY IN SAN DIEGO COUNTYCHULA VISTA, CA$500,0002023COMMUNITY DEVELOPMENT
    COMITE DE BIEN ESTAR INCSAN LUIS, AZ$500,0002023COMMUNITY DEVELOPMENT
    CANAL ALLIANCESAN RAFAEL, CA$250,0002023COMMUNITY DEVELOPMENT
    CATHOLIC ASSOCIATION OF LATINO LEADERSLOS ANGELES, CA$100,0002023COMMUNITY DEVELOPMENT
    AMBER CHARTER SCHOOLBRONX, NY$30,0002023COMMUNITY SUPPORT
    BRILLA COLLEGE PREPARATORY CHARTER SCHOOLBRONX, NY$30,0002023COMMUNITY SUPPORT
    THE SAGRADOPHOENIX, AZ$25,0002023COMMUNITY DEVELOPMENT
    OUR LADY OF PERPETUAL HELP GLENDALEGLENDALE, AZ$25,0002023COMMUNITY DEVELOPMENT
    MATH ENGINEERING AND SCIENCE ACADEMY CHARTER HIGH SCHOOLBROOKLYN, NY$25,0002023COMMUNITY SUPPORT
    CATHOLIC CHARITIES OF THE RIO GRANDE VALLEY INCSAN JUAN, TX$25,0002023COMMUNITY DEVELOPMENT
    VOCES UNIDAS POR LA VIDAPHOENIX, AZ$20,0002023COMMUNITY DEVELOPMENT
    GREATER PHOENIX LEADERSHIP INCPHOENIX, AZ$20,0002023COMMUNITY DEVELOPMENT
    LEEP DUAL LANGUAGE ACADEMY CHARTER SCHOOLBROOKLYN, NY$20,0002023COMMUNITY SUPPORT
    PROMISE ARIZONAPHOENIX, AZ$20,0002023COMMUNITY DEVELOPMENT
    MEXICAN AMERICAN CULTURAL INSTITUTEEL PASO, TX$15,0002023COMMUNITY DEVELOPMENT
    MARY'S MINISTRIES INCPHOENIX, AZ$10,0002023COMMUNITY DEVELOPMENT
    ARIZONA STATE UNIVERSITYTEMPE, AZ$10,0002023COMMUNITY DEVELOPMENT
    LOLA'S TACOS LLCYOUNGTOWN, AZ$10,0002023COMMUNITY DEVELOPMENT
    MARYVALE PREPARATORY ACADEMYPHOENIX, AZ$10,0002023COMMUNITY DEVELOPMENT
    ESPIRITU COMMUNITY DEVELOPMENT CORPORATIONPHOENIX, AZ$10,0002023COMMUNITY DEVELOPMENT
    ACADEMY OF THE CITYWOODSIDE, NY$10,0002023COMMUNITY SUPPORT
    GRAND CANYON UNIVERSITYPHOENIX, AZ$10,0002023COMMUNITY DEVELOPMENT

    MADHOUSE DEVELOPMENT

    $500,000
    AUSTIN, TX2025

    COMMUNITY DEVELOPMENT

    JUNTOS COMMUNITY

    $200,000
    PHOENIX, AZ2025

    COMMUNITY DEVELOPMENT

    VALCOM VENTURES

    $100,000
    SANTE FE SPRINGS, CA2025

    COMMUNITY DEVELOPMENT

    CASA FAMILIAR

    $100,000
    SAN YSIDRO, CA2025

    COMMUNITY DEVELOPMENT

    DREAM ON

    $100,000
    SAN ANTONIO, TX2025

    COMMUNITY DEVELOPMENT

    MARY'S CENTER

    $25,000
    WASHINGTON, DC2025

    COMMUNITY DEVELOPMENT

    TIBURCIO VASQUEZ HC

    $25,000
    UNION CITY, CA2025

    COMMUNITY DEVELOPMENT

    CONGRESO DE LATINOS UNIDOS

    $25,000
    PHILADELPHIA, PA2025

    COMMUNITY DEVELOPMENT

    ESPERANZA HEALTH CENTER

    $25,000
    CHICAGO, IL2025

    COMMUNITY DEVELOPMENT

    VALLE DEL SOL INC

    $25,000
    PHOENIX, AZ2025

    COMMUNITY DEVELOPMENT

    LA CLINICA DEL PUEBLO

    $25,000
    WASHINGTON, DC2025

    COMMUNITY DEVELOPMENT

    LA CLINICA DE LA RAZA

    $25,000
    OAKLAND, CA2025

    COMMUNITY DEVELOPMENT

    ALIVIO MEDICAL CENTER

    $20,000
    CHICAGO, IL2025

    COMMUNITY DEVELOPMENT

    ENTERPRISING LATINAS INC

    $15,000
    WIMAUMA, FL2025

    COMMUNITY DEVELOPMENT

    EMPOWERING LATINA LEADERS IN ARIZONA

    $245,000
    PHOENIX, AZ2024

    COMMUNITY DEVELOPMENT

    EMPOWERING LATINA LEADERS IN ARIZONA

    $245,000
    PHOENIX, AZ2024

    COMMUNITY DEVELOPMENT

    JUNTOS COMMUNITY DEVELOPERS LLC

    $50,000
    PHOENIX, AZ2024

    COMMUNITY DEVELOPMENT

    JUNTOS COMMUNITY DEVELOPERS LLC

    $50,000
    PHOENIX, AZ2024

    COMMUNITY DEVELOPMENT

    OPA-LOCKA COMMUNITY DEVELOPMENT CORPORATION INC

    $500,000
    OPALOCKA, FL2023

    COMMUNITY DEVELOPMENT

    SPANISH SPEAKING UNITY COUNCIL OF ALAMEDA COUNTY INC

    $500,000
    OAKLAND, CA2023

    COMMUNITY DEVELOPMENT

    VISIONARY HOME BUILDERS OF CALIFORNIA INC

    $500,000
    STOCKTON, CA2023

    COMMUNITY DEVELOPMENT

    CASA FAMILIAR

    $500,000
    SAN YSIDRO, CA2023

    COMMUNITY DEVELOPMENT

    METROPOLITAN AREA ADVISORY COMMITTEE ON ANTI-PROVERTY IN SAN DIEGO COUNTY

    $500,000
    CHULA VISTA, CA2023

    COMMUNITY DEVELOPMENT

    COMITE DE BIEN ESTAR INC

    $500,000
    SAN LUIS, AZ2023

    COMMUNITY DEVELOPMENT

    CANAL ALLIANCE

    $250,000
    SAN RAFAEL, CA2023

    COMMUNITY DEVELOPMENT

    CATHOLIC ASSOCIATION OF LATINO LEADERS

    $100,000
    LOS ANGELES, CA2023

    COMMUNITY DEVELOPMENT

    AMBER CHARTER SCHOOL

    $30,000
    BRONX, NY2023

    COMMUNITY SUPPORT

    BRILLA COLLEGE PREPARATORY CHARTER SCHOOL

    $30,000
    BRONX, NY2023

    COMMUNITY SUPPORT

    THE SAGRADO

    $25,000
    PHOENIX, AZ2023

    COMMUNITY DEVELOPMENT

    OUR LADY OF PERPETUAL HELP GLENDALE

    $25,000
    GLENDALE, AZ2023

    COMMUNITY DEVELOPMENT

    MATH ENGINEERING AND SCIENCE ACADEMY CHARTER HIGH SCHOOL

    $25,000
    BROOKLYN, NY2023

    COMMUNITY SUPPORT

    CATHOLIC CHARITIES OF THE RIO GRANDE VALLEY INC

    $25,000
    SAN JUAN, TX2023

    COMMUNITY DEVELOPMENT

    VOCES UNIDAS POR LA VIDA

    $20,000
    PHOENIX, AZ2023

    COMMUNITY DEVELOPMENT

    GREATER PHOENIX LEADERSHIP INC

    $20,000
    PHOENIX, AZ2023

    COMMUNITY DEVELOPMENT

    LEEP DUAL LANGUAGE ACADEMY CHARTER SCHOOL

    $20,000
    BROOKLYN, NY2023

    COMMUNITY SUPPORT

    PROMISE ARIZONA

    $20,000
    PHOENIX, AZ2023

    COMMUNITY DEVELOPMENT

    MEXICAN AMERICAN CULTURAL INSTITUTE

    $15,000
    EL PASO, TX2023

    COMMUNITY DEVELOPMENT

    MARY'S MINISTRIES INC

    $10,000
    PHOENIX, AZ2023

    COMMUNITY DEVELOPMENT

    ARIZONA STATE UNIVERSITY

    $10,000
    TEMPE, AZ2023

    COMMUNITY DEVELOPMENT

    LOLA'S TACOS LLC

    $10,000
    YOUNGTOWN, AZ2023

    COMMUNITY DEVELOPMENT

    MARYVALE PREPARATORY ACADEMY

    $10,000
    PHOENIX, AZ2023

    COMMUNITY DEVELOPMENT

    ESPIRITU COMMUNITY DEVELOPMENT CORPORATION

    $10,000
    PHOENIX, AZ2023

    COMMUNITY DEVELOPMENT

    ACADEMY OF THE CITY

    $10,000
    WOODSIDE, NY2023

    COMMUNITY SUPPORT

    GRAND CANYON UNIVERSITY

    $10,000
    PHOENIX, AZ2023

    COMMUNITY DEVELOPMENT