Accion Opportunity Fund Inc
Accion Opportunity Fund. Inc. (AOF) was incorporated on december 7, 2011. The mission of AOF is to assist in building world class microfinance institutions in the united states to enhance economic development and individuals' self sufficiency through increasing access to credit and otherwise promoting financial inclusion and financial health through training and mentoring for members of low-to-moderate income communities.
Accion Opportunity Fund Inc at a glance
In short: Accion Opportunity Fund Inc gave $1.1M across 2 grants in 2025 (avg $525K), mostly in California. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $1,050,000
- Grants made (2025)
- 2
- Average grant
- $525,000
- Median grant
- $525,000
- Total assets
- $3,349,201
- -25.0% vs 2024
- Primary geography
- California (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Accion Opportunity Fund Inc funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Accion Opportunity Fund Community Development ($1.0M). Together the top 2 received $1.1M.
Grant Size Distribution
16 grants across all recorded years
The most common grant size was under $50K: 5 grants of 16 (31%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
Cities
How Accion Opportunity Fund Inc gives
- Giving grew 50% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $500K (2023) to $1.2M (2021). In 2025 it made 2 grants totaling $1.1M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Accion Opportunity Fund Community Development San Jose, CA | Program Support | $1,000,000 |
| Learn with AOF Foundation San Jose, CA | Program Support | $50,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $3,349,201 | $207,850 | $1,376,681 | $1,050,000 | 2 | $207,850 |
| 2024 | $4,468,032 | $248,043 | $677,415 | — | — | $240,096 |
| 2023 | $5,704,404 | $196,124 | $1,981,576 | $500,000 | 1 | $175,096 |
| 2022 | $7,253,387 | $4,910,082 | $4,691,949 | $698,967 | 6 | $995 |
| 2021 | $6,172,057 | $6,244,507 | $3,828,061 | $1,155,000 | 7 | $1,038 |
About Accion Opportunity Fund Inc
Based on IRS filings
Accion Opportunity Fund Inc is a public charity focused on Community Improvement & Capacity Building, based in San Jose, CA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $3.3M in total assets. In 2025, it awarded 2 grants totaling $1.1M. Net investment income was $208K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Accion Opportunity Fund Inc is led by Luz De Lourdes Lopez Urrutia, Chief Executive Officer since 2022 (on filings since 2021); none of the 22 officers listed in 2025 report compensation.
Officers on the 2025 filing
Luz De Lourdes Lopez Urrutia
Chief Executive Officer
President & CEO → Chief Executive Officer, 2022
On filings since 2021
2 hrs/week
No compensation reported
Greg Avis
Board Chair
On filings since 2021
1.5 hrs/week
No compensation reported
Brian Graham
Director
On filings since 2021
1.5 hrs/week
No compensation reported
Debra Engel
Director
On filings since 2021
1.5 hrs/week
No compensation reported
Diana Taylor
Director
On filings since 2021
1.5 hrs/week
No compensation reported
Dickson Chu
Director
On filings since 2021
1.5 hrs/week
No compensation reported
Joni Cropper
Director
On filings since 2021
1.5 hrs/week
No compensation reported
Juanita Lott
Director
On filings since 2021
1.5 hrs/week
No compensation reported
Lata Krishnan
Director
On filings since 2021
1.5 hrs/week
No compensation reported
Madeleine Fackler
Director
On filings since 2021
1.5 hrs/week
No compensation reported
Michael Schlein
Director
On filings since 2021
1.5 hrs/week
No compensation reported
Parker Hudnut
Director
On filings since 2021
1.5 hrs/week
No compensation reported
Phil Black
Director
On filings since 2021
1.5 hrs/week
No compensation reported
Solana Cozzo
Director
On filings since 2021
1.5 hrs/week
No compensation reported
Todd Baker
Director
On filings since 2021
1.5 hrs/week
No compensation reported
Gopi Bila
Director
New on the 2025 filing
1.5 hrs/week
No compensation reported
Karthik Venkataraman
Director
New on the 2025 filing
1.5 hrs/week
No compensation reported
Samuel Ramos
Director
New on the 2025 filing
1.5 hrs/week
No compensation reported
Caretha Coleman
Vice Chair
Director → Vice Chair, 2024
On filings since 2021
1.5 hrs/week
No compensation reported
Swati Bhatia
Secretary
Director → Secretary, 2025
On filings since 2021
1.5 hrs/week
No compensation reported
David Coultas
Chief Finanical & Operating Officer
Executive Vice President & CFO → Chief Finanical & Operating Officer, 2025
On filings since 2024
2 hrs/week
No compensation reported
Anna Schember
Chief of Staff
New on the 2025 filing
2 hrs/week
No compensation reported
Former officers (15)
- Former: Esteban Altschul (2021–2024) — Director
- Former: Michael Rapaport (2022–2024) — President & COO
- Former: Sam Ramos (2023–2024) — Director
- Former: Christopher Pilkerton (2024) — Chief Legal & Regulatory Strategy Officer
- Former: Jim Koshland To Aug (2024) — Director
- Former: Mickey Konson To Dec (2024) — Director & Secretary
- Former: Jim Koshland (2021–2023) — Vice Chair & Secretary
- Former: Mickey Konson (2021–2023) — Director
- Former: Nathalie Molina Nino (2022–2023) — Director
- Former: Rolland Jurgens (2022–2023) — Executive Vice President & CFO
- Former: Eric Weaver (2021–2022) — Director
- Former: Mike Torres (2021–2022) — CFO
- Former: Yun-Fang Juan (2021–2022) — Director
- Former: Elizabeth Ross-Ronch (2022) — Director
- Former: Rolland Jurgens - Fr Feb (2021) — Chief Financial Officer
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Accion Opportunity Fund Inc
How much does Accion Opportunity Fund Inc give each year?
Accion Opportunity Fund Inc gave $1.1M across 2 grants in 2025, according to its 2025 IRS Form 990.
How large is Accion Opportunity Fund Inc?
Accion Opportunity Fund Inc reported $3.3M in total assets on its 2025 IRS Form 990. Its revenue that year was $208K.
What is Accion Opportunity Fund Inc?
Accion Opportunity Fund Inc is a public charity focused on Community Improvement & Capacity Building, based in San Jose, CA. It holds $3.3M in total assets as of 2025.
Where does Accion Opportunity Fund Inc operate?
Accion Opportunity Fund Inc has awarded grants in California, Illinois, Massachusetts, New York, Texas.
What is Accion Opportunity Fund Inc's EIN?
Accion Opportunity Fund Inc's EIN (Employer Identification Number) is 45-4127501. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS May 13, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 11, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 9, 2024)
- Added Form 990 for fiscal year 2025 (received by the IRS May 13, 2026)
- IRS filings on file for fiscal years 2021–2024
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