From public IRS filings
WASHINGTON AREA COMMUNITY INVESTMENT FUND INC
WASHINGTON, DC
Mission
TO INCREASE EQUITY AND ECONOMIC OPPORTUNITY BY INVESTING KNOWLEDGE, SOCIAL, AND FINANCIAL CAPITAL IN LOW- AND MODERATE-INCOME WASHINGTON AREA ENTREPRENEURS.
Financials (IRS Form 990)
Total revenue
$4.1M
Total expenses
$6.4M
Total assets
$12.1M
Program expense ratio
64%
Source: IRS Form 990, tax year 2024.
Who funds WASHINGTON AREA COMMUNITY INVESTMENT FUND INC
$7.5M in foundation grants on record from 22 funders — matched from IRS 990 grant line items. Some matches may be approximate.
| Funder | Total given | Grants |
|---|---|---|
| Greater Washington Community Foundation | $3.1M | 4 |
| Jpmorgan Chase Foundation | $1.2M | 4 |
| Fidelity Investments Charitable Gift Fund | $617K | 3 |
| Capital One Foundation | $550K | 2 |
| Tides Foundation | $360K | 1 |
| Capital Impact Partners | $325K | 3 |
| Opportunity Finance Network | $250K | 1 |
| National Community Reinvestment Coalition | $198K | 2 |
| Wells Fargo Foundation | $175K | 1 |
| Surdna Foundation Inc Att Marc de Venoge | $150K | 2 |
Leadership
SHANNAN HERBERT — CHIEF EXECUTIVE OFFICER (Principal officer)
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