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    3. Washington Area Community Investment Fund
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    Washington Area Community Investment Fund

    ActiveHousing & ShelterMakes PRIs
    WASHINGTON, DCWebsite2025295505

    About Washington Area Community Investment Fund

    Provide equitable access to capital, coaching, workspace, and resources that empower entrepreneurs and small businesses—particularly those in underserved communities—to grow and build wealth.

    Focus Areas

    small business lendingeconomic developmententrepreneurship supportbusiness incubation / workspaceswomen's business initiativesgreen / sustainable business financinggrants for small and medium businesses

    Funding Style

    general operating supportunrestricted/core operations fundingcapacity supportshort-term/annual operating grants

    Topics

    About Washington Area Community Investment Fund

    Washington Area Community Investment Fund Inc stands out for pairing large operating support with direct business-building services for small enterprises in the Washington, DC region. Its recent grants include a $3,719,845 operating grant to 1231-1235 Good Hope Road Inc and a $621,716 operating grant to Anacostia Entrepreneurship Center Inc, both in Washington, DC. The pattern points to a funder that backs organizations helping entrepreneurs build capacity, access capital, and strengthen day-to-day operations rather than making small one-off awards only. The foundation’s public programs reinforce that approach. Certified Up offers coaching and technical help to earn business certifications, while Ascend provides tailored growth strategies and cohort-based business support. Other active programs extend into term loans, resilience-focused financing, and green business support. Across the grants list, the funded organizations include business and community-serving entities such as Yeleen Beauty LLC, The Fresh Food Factory Market, Nubian Hueman, and The Mahogany Business Group Dba Mahoganybooks. That mix suggests a local strategy centered on entrepreneurship, small business growth, and organizational stability in DC neighborhoods.

    What Washington Area Community Investment Fund Funds

    A clear theme is operating support for organizations that strengthen the small-business ecosystem. Washington Area Community Investment Fund Inc gave $110,000 to The Fresh Food Factory Market for operating support, and $80,000 to Nubian Hueman for the same purpose, indicating attention to businesses that function as neighborhood anchors. The foundation also supports business infrastructure and technical assistance. It awarded $30,000 to The Prep Enrichment Center LLC and $30,000 to Manley Science and Technology Center, both listed as operating support, alongside a $25,855 grant to The Child Center Inc for operating support. These awards fit the organization’s broader emphasis on capacity, administrative stability, and growth support. Another strand is community-based entrepreneurship. Yeleen Beauty LLC received $500,000 in 2023 and $30,000 in 2025, both as operating support, showing continued investment in a local business over time. The Mahogany Business Group Dba Mahoganybooks also received $80,000 in operating support.

    How Washington Area Community Investment Fund Gives

    Financial Snapshot

    Annual Giving

    $652K

    Total Assets

    $12.1M

    Total Revenue

    $4.1M

    Total Expenses

    $6.4M

    Typical Grant Size

    Most grants fall between $7K and $30K, with a median of $14K.

    25th Percentile

    $7K

    Median

    $14K

    75th Percentile

    $30K

    Geographic Reach

    Local3 states funded
    Funding intensity
    Low
    High
    Headquarters

    Leadership

    SHANNAN HERBERT

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    © 2026 Kindora. All rights reserved.

    Privacy PolicyTerms of ServiceYour privacy choicesEnvironmental footprintSystem Status
    EIN (Tax ID): 54-1442466Latest Form 990: 2025Total assets: $12.1M3 filings on recordFind their full 990 filing →
    See If You're a Fit — FreeFree account · instant fit score · similar funders
    organizational capacity/core operationsoperational sustainabilityadministrative infrastructure

    Typical awards are modest-to-mid sized, with a p25 of $7,272, a median grant of $13,750, and a p75 of $30,000. The distribution still includes a few much larger operating grants, indicating both routine support and occasional high-dollar commitments. The grant list also shows repeat support to the same recipients across multiple years, including Anacostia Entrepreneurship Center Inc, 1231-1235 Good Hope Road Inc, Nubian Hueman, and Yeleen Beauty LLC. Washington Area Community Investment Fund Inc also makes program-related investments, and its active programs show both open and invitation-based offerings, with several initiatives accepting unsolicited requests and others not.

    Where Washington Area Community Investment Fund Makes Grants

    Giving is overwhelmingly local. Recipient addresses in Washington, DC account for 84% of grants, and DC is the top giving location by count. Recent grants also reached nearby Maryland communities, including Arlington, Laurel, National Harbor, and Gaithersburg. The country distribution is entirely US-based, with 50 grants recorded in the United States. A number of the larger awards went to Washington, DC recipients such as 1231-1235 Good Hope Road Inc, Anacostia Entrepreneurship Center Inc, and Yeleen Beauty LLC.

    Frequently Asked Questions About Washington Area Community Investment Fund

    What kinds of organizations does Washington Area Community Investment Fund Inc support?

    The foundation supports organizations tied to small business lending, economic development, entrepreneurship support, business incubation and workspaces, women’s business initiatives, and green or sustainable business financing. Its active programs also include coaching for business certifications, term loans, and growth-oriented support for businesses in DC.

    What is the typical grant size?

    The grant-size distribution is centered on relatively small operating awards: p25 is $7,272, median grant size is $13,750, and p75 is $30,000. The recent list also includes several larger operating grants above $100,000.

    Does the foundation fund the same recipients more than once?

    Yes. The recent grants list includes repeat support to Anacostia Entrepreneurship Center Inc, 1231-1235 Good Hope Road Inc, Nubian Hueman, and Yeleen Beauty LLC across multiple years, which suggests ongoing relationships rather than one-time awards only.

    How do recipients engage with the foundation’s programs?

    Some programs accept unsolicited requests, including Certified Up, Term Loans, Ascend, and Resilient Growth Fund. Others, such as the Green Growth Fund, Small & Medium Business Growth Fund Grant Program, and Sustainable DC Project, do not accept unsolicited applications.

    Where are most grants concentrated?

    Grantmaking is concentrated in Washington, DC. The data show 84% of grants going to recipients in DC, with additional awards in nearby Maryland locations such as Arlington, Laurel, National Harbor, and Gaithersburg.

    Latest 990 Filing

    2025

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

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    ANACOSTIA ENTREPRENEURSHIP CENTER INCWASHINGTON, DC$621,7162025OPERATING SUPPORT
    YELEEN BEAUTY LLCWASHINGTON, DC$30,0002025OPERATING SUPPORT
    1231-1235 GOOD HOPE ROAD INCWASHINGTON, DC$3,719,8452024OPERATING SUPPORT
    ANACOSTIA ENTREPRENEURSHIP CENTER INCWASHINGTON, DC$198,1582024OPERATING SUPPORT
    THE FRESH FOOD FACTORY MARKETWASHINGTON, DC$110,0002024OPERATING SUPPORT
    ROCHDALE CAPITAL CORPORATIONARLINGTON, VA$108,4922024OPERATING SUPPORT
    NUBIAN HUEMANWASHINGTON, DC$80,0002024OPERATING SUPPORT
    THE MAHOGANY BUSINESS GROUP DBA MAHOGANYBOOKSWASHINGTON, DC$80,0002024OPERATING SUPPORT
    THE CHILD CENTER INCWASHINGTON, DC$25,8552024OPERATING SUPPORT
    THE CHILD CENTER BA SCHOOL PROGRAMWASHINGTON, DC$15,1822024OPERATING SUPPORT
    BROWN GAINES LLCNATIONAL HARBOR, MD$10,0002024OPERATING SUPPORT
    MARKET SEVEN LLCWASHINGTON, DC$10,0002024OPERATING SUPPORT
    THE T10 GROUP LLCGAITHERSBURG, MD$10,0002024OPERATING SUPPORT
    MANE RHODESWASHINGTON, DC$6,5002024OPERATING SUPPORT
    DC PLANNER JOURNAL CONSILVER SPRING, MD$6,0002024OPERATING SUPPORT
    YELEEN BEAUTY LLCWASHINGTON, DC$500,0002023OPERATING SUPPORT
    1231-1235 GOOD HOPE ROAD INCWASHINGTON, DC$188,2002023OPERATING SUPPORT
    NUBIAN HUEMANWASHINGTON, DC$67,5002023OPERATING SUPPORT
    ANACOSTIA ENTREPRENEURSHIP CENTER INCWASHINGTON, DC$48,1732023OPERATING SUPPORT
    GROWTH SPURTS CHILD LEARNING CENTERWASHINGTON, DC$30,0002023OPERATING SUPPORT
    MANLEY SCIENCE AND TECHNOLOGY CENTERWASHINGTON, DC$30,0002023OPERATING SUPPORT
    SEMILLITAS EARLY LEARNING CENTERWASHINGTON, DC$30,0002023OPERATING SUPPORT
    CHILDREN OF THE FUTUREWASHINGTON, DC$30,0002023OPERATING SUPPORT
    RAINBOW CHILD LEARNING CENTER INCWASHINGTON, DC$30,0002023OPERATING SUPPORT
    THE PREP ENRICHMENT CENTER LLCWASHINGTON, DC$30,0002023OPERATING SUPPORT
    A STEP ABOVE CHILD DEVELOPMENT CENTERWASHINGTON, DC$30,0002023OPERATING SUPPORT
    BABY EINSTEIN CDC LLCWASHINGTON, DC$30,0002023OPERATING SUPPORT
    MILESTONES ENRICHMENT CENTER INCLAUREL, MD$30,0002023OPERATING SUPPORT
    THE 18TH STREET EARLY LEARNING CHILD DEVELOPMENT CENTERWASHINGTON, DC$30,0002023OPERATING SUPPORT
    SMITH & SONS LLCWASHINGTON, DC$15,0002023OPERATING SUPPORT
    MANE RHODESWASHINGTON, DC$12,5002023OPERATING SUPPORT
    LISTING CENTRAL LLCNATIONAL HARBOR, MD$12,2722023OPERATING SUPPORT
    COMMERCE DEPARTMENT CHILD DEVELOPMENT CENTERWASHINGTON, DC$10,0002023OPERATING SUPPORT
    NAILBED & BAR LLCWASHINGTON, DC$8,3332023OPERATING SUPPORT
    TSUNAMI HAIR STUDIOWASHINGTON, DC$8,3332023OPERATING SUPPORT
    JUSTINA'S HAIR GALLERYWASHINGTON, DC$8,3332023OPERATING SUPPORT
    BLACK DIGITALWASHINGTON, DC$7,2722023OPERATING SUPPORT
    MELANIE BATES CONSULTING LLCWASHINGTON, DC$7,2722023OPERATING SUPPORT
    1727 MASS AVE LLCCABIN JOHN, MD$7,2722023OPERATING SUPPORT
    BUNIFU LLC - LEARNING FOR LIFEWASHINGTON, DC$7,2722023OPERATING SUPPORT
    THE WELL-VERSED INTERPRETERWASHINGTON, DC$7,2722023OPERATING SUPPORT
    ENVY US BEAUTY SUPPLYALEXANDRIA, VA$7,2722023OPERATING SUPPORT
    AURORA MARKETWASHINGTON, DC$7,2722023OPERATING SUPPORT
    RESULTS ONE LLCWASHINGTON, DC$7,2722023OPERATING SUPPORT
    ARIDAI CONSULTING LLCWASHINGTON, DC$7,2722023OPERATING SUPPORT
    KAVLE CONSULTING LLCWASHINGTON, DC$7,2722023OPERATING SUPPORT
    HOUSE OF DAVID LEARNING SPACEWASHINGTON, DC$7,0002023OPERATING SUPPORT
    CHASE COUNSELING AND CONSULTING LLCWASHINGTON, DC$6,9602023OPERATING SUPPORT
    MAGNOLIA MENTAL HEALTHWASHINGTON, DC$6,0002023OPERATING SUPPORT
    ELLESIPEA LLCWASHINGTON, DC$5,3332023OPERATING SUPPORT

    ANACOSTIA ENTREPRENEURSHIP CENTER INC

    $621,716
    WASHINGTON, DC2025

    OPERATING SUPPORT

    YELEEN BEAUTY LLC

    $30,000
    WASHINGTON, DC2025

    OPERATING SUPPORT

    1231-1235 GOOD HOPE ROAD INC

    $3,719,845
    WASHINGTON, DC2024

    OPERATING SUPPORT

    ANACOSTIA ENTREPRENEURSHIP CENTER INC

    $198,158
    WASHINGTON, DC2024

    OPERATING SUPPORT

    THE FRESH FOOD FACTORY MARKET

    $110,000
    WASHINGTON, DC2024

    OPERATING SUPPORT

    ROCHDALE CAPITAL CORPORATION

    $108,492
    ARLINGTON, VA2024

    OPERATING SUPPORT

    NUBIAN HUEMAN

    $80,000
    WASHINGTON, DC2024

    OPERATING SUPPORT

    THE MAHOGANY BUSINESS GROUP DBA MAHOGANYBOOKS

    $80,000
    WASHINGTON, DC2024

    OPERATING SUPPORT

    THE CHILD CENTER INC

    $25,855
    WASHINGTON, DC2024

    OPERATING SUPPORT

    THE CHILD CENTER BA SCHOOL PROGRAM

    $15,182
    WASHINGTON, DC2024

    OPERATING SUPPORT

    BROWN GAINES LLC

    $10,000
    NATIONAL HARBOR, MD2024

    OPERATING SUPPORT

    MARKET SEVEN LLC

    $10,000
    WASHINGTON, DC2024

    OPERATING SUPPORT

    THE T10 GROUP LLC

    $10,000
    GAITHERSBURG, MD2024

    OPERATING SUPPORT

    MANE RHODES

    $6,500
    WASHINGTON, DC2024

    OPERATING SUPPORT

    DC PLANNER JOURNAL CON

    $6,000
    SILVER SPRING, MD2024

    OPERATING SUPPORT

    YELEEN BEAUTY LLC

    $500,000
    WASHINGTON, DC2023

    OPERATING SUPPORT

    1231-1235 GOOD HOPE ROAD INC

    $188,200
    WASHINGTON, DC2023

    OPERATING SUPPORT

    NUBIAN HUEMAN

    $67,500
    WASHINGTON, DC2023

    OPERATING SUPPORT

    ANACOSTIA ENTREPRENEURSHIP CENTER INC

    $48,173
    WASHINGTON, DC2023

    OPERATING SUPPORT

    GROWTH SPURTS CHILD LEARNING CENTER

    $30,000
    WASHINGTON, DC2023

    OPERATING SUPPORT

    MANLEY SCIENCE AND TECHNOLOGY CENTER

    $30,000
    WASHINGTON, DC2023

    OPERATING SUPPORT

    SEMILLITAS EARLY LEARNING CENTER

    $30,000
    WASHINGTON, DC2023

    OPERATING SUPPORT

    CHILDREN OF THE FUTURE

    $30,000
    WASHINGTON, DC2023

    OPERATING SUPPORT

    RAINBOW CHILD LEARNING CENTER INC

    $30,000
    WASHINGTON, DC2023

    OPERATING SUPPORT

    THE PREP ENRICHMENT CENTER LLC

    $30,000
    WASHINGTON, DC2023

    OPERATING SUPPORT

    A STEP ABOVE CHILD DEVELOPMENT CENTER

    $30,000
    WASHINGTON, DC2023

    OPERATING SUPPORT

    BABY EINSTEIN CDC LLC

    $30,000
    WASHINGTON, DC2023

    OPERATING SUPPORT

    MILESTONES ENRICHMENT CENTER INC

    $30,000
    LAUREL, MD2023

    OPERATING SUPPORT

    THE 18TH STREET EARLY LEARNING CHILD DEVELOPMENT CENTER

    $30,000
    WASHINGTON, DC2023

    OPERATING SUPPORT

    SMITH & SONS LLC

    $15,000
    WASHINGTON, DC2023

    OPERATING SUPPORT

    MANE RHODES

    $12,500
    WASHINGTON, DC2023

    OPERATING SUPPORT

    LISTING CENTRAL LLC

    $12,272
    NATIONAL HARBOR, MD2023

    OPERATING SUPPORT

    COMMERCE DEPARTMENT CHILD DEVELOPMENT CENTER

    $10,000
    WASHINGTON, DC2023

    OPERATING SUPPORT

    NAILBED & BAR LLC

    $8,333
    WASHINGTON, DC2023

    OPERATING SUPPORT

    TSUNAMI HAIR STUDIO

    $8,333
    WASHINGTON, DC2023

    OPERATING SUPPORT

    JUSTINA'S HAIR GALLERY

    $8,333
    WASHINGTON, DC2023

    OPERATING SUPPORT

    BLACK DIGITAL

    $7,272
    WASHINGTON, DC2023

    OPERATING SUPPORT

    MELANIE BATES CONSULTING LLC

    $7,272
    WASHINGTON, DC2023

    OPERATING SUPPORT

    1727 MASS AVE LLC

    $7,272
    CABIN JOHN, MD2023

    OPERATING SUPPORT

    BUNIFU LLC - LEARNING FOR LIFE

    $7,272
    WASHINGTON, DC2023

    OPERATING SUPPORT

    THE WELL-VERSED INTERPRETER

    $7,272
    WASHINGTON, DC2023

    OPERATING SUPPORT

    ENVY US BEAUTY SUPPLY

    $7,272
    ALEXANDRIA, VA2023

    OPERATING SUPPORT

    AURORA MARKET

    $7,272
    WASHINGTON, DC2023

    OPERATING SUPPORT

    RESULTS ONE LLC

    $7,272
    WASHINGTON, DC2023

    OPERATING SUPPORT

    ARIDAI CONSULTING LLC

    $7,272
    WASHINGTON, DC2023

    OPERATING SUPPORT

    KAVLE CONSULTING LLC

    $7,272
    WASHINGTON, DC2023

    OPERATING SUPPORT

    HOUSE OF DAVID LEARNING SPACE

    $7,000
    WASHINGTON, DC2023

    OPERATING SUPPORT

    CHASE COUNSELING AND CONSULTING LLC

    $6,960
    WASHINGTON, DC2023

    OPERATING SUPPORT

    MAGNOLIA MENTAL HEALTH

    $6,000
    WASHINGTON, DC2023

    OPERATING SUPPORT

    ELLESIPEA LLC

    $5,333
    WASHINGTON, DC2023

    OPERATING SUPPORT