African American Alliance of CDFI CEOs

Public charity · Grantmaker Orlando, FL EIN: 85-2659114

The African American Alliance of CDFI CEOs is a public charity based in Orlando, Florida. The organization says it serves a nationwide network of Black-led community development financial institutions (CDFIs), supporting their capacity and the Black communities they serve.

African American Alliance of CDFI CEOs at a glance

In short: African American Alliance of CDFI CEOs gave $685K across 15 grants in 2025 (avg $46K). Source: 2025 IRS Form 990.

Annual giving (2025)
$685,000
+2640.0% vs 2024
Grants made (2025)
15
+1400.0% vs 2024
Average grant
$45,667
+82.7% vs 2024
Median grant
$15,000
Total assets
$15,113,990
+4.0% vs 2024
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated October 2026.

How to apply to African American Alliance of CDFI CEOs

Contact

Mailing address: 301 E Pine Street Suite 175, Orlando, FL 32801
Phone: (954) 483-7570

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who African American Alliance of CDFI CEOs funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

First Community Capital-TCL MOBILIZATION: $200KFirst Community Capital-TCLMOBILIZATION$200KAfrican Economic Development Solutions - GRANT: $75KAfrican Economic DevelopmentSolutions - GRANT$75KNeighborhood Development Grant funded by Target: $75KNeighborhood Development Grantfunded by Target$75KFresno Community Capital: $75KFresno Community Capital$75KNector grant reclass to the correct expense: $75KNector grant reclass to thecorrect expense$75KUrban Tilth - TCL: $50KUrban Tilth - TCL$50KCommunity Housing Development Corp of North Richmond: $50KCommunity Housing DevelopmentCorp of North Richmond$50KWindward Fund-WF-12012025-SUBGRANT: $15KWindwardFund-WF-12012025-SUBGRANT$15KHarlem Entrepreneurial Fund LLC - TCL: $10KHarlem Entrepreneurial FundLLC - TCL$10KBeech Capital Venture Corporation - TCL: $10KBeech Capital VentureCorporation - TCL$10K

The largest 2025 recipient was First Community Capital-TCL MOBILIZATION ($200K). Together the top 10 received $635K.

Grant Size Distribution

38 grants across all recorded years

18<$50K19$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $50–100K range: 19 grants of 38 (50%).

Geographic Focus

Where this funder awards grants

The Alliance says it serves Black-led CDFIs nationwide. The filing’s grant-recipient state information is not specified clearly enough to identify a geographic distribution of grantmaking.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$250K$500K$750K$1MTotal only2021 22 grants2023 1 grant2024 15 grants2025

From 2021 to 2025, annual grant giving ranged from $25K (2024) to $998K (2023). In 2025 it made 15 grants totaling $685K.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
First Community Capital-TCL MOBILIZATION Unrestricted$200,000
African Economic Development Solutions - GRANT Unrestricted$75,000
Neighborhood Development Grant funded by Target Unrestricted$75,000
Fresno Community Capital Unrestricted$75,000
Nector grant reclass to the correct expense Unrestricted$75,000
Urban Tilth - TCL Unrestricted$50,000
Community Housing Development Corp of North Richmond Unrestricted$50,000
Windward Fund-WF-12012025-SUBGRANT Unrestricted$15,000
Harlem Entrepreneurial Fund LLC - TCL Unrestricted$10,000
Beech Capital Venture Corporation - TCL Unrestricted$10,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$15,113,990$5,636,061$6,945,253$685,00015$115,951
2024$14,539,403$8,592,780$5,831,021$25,0001$16,867
2023$12,206,534$9,148,814$7,663,902$997,50022$252
2021$1,872,955$2,895,905$1,765,894$997,500Total only$522

"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The Alliance states that its mission is to support and grow Black-led CDFIs and the Black communities they serve. Its Programs & Strategic Initiatives work includes learning, capacity-building, technical assistance, peer learning, and initiatives involving certification readiness, capital access, housing, technology infrastructure, and leadership development.

The Alliance’s filing describes the Black Renaissance Fund as a way to address an asset gap between Black-led CDFIs and their counterparts. It aims to raise $125 million in low-cost, patient debt and unrestricted grant capital for reinvestment in Alliance members and operating support for the Alliance. The filing says the fund made its first loan in December 2024 and had $7.1 million in loans receivable as of December 2025. It also reports that the Alliance provided $500,000 in grants to support capacity and operational needs of CDFI members.

Grantmaking

In filing year 2025, the Alliance reported 15 grants totaling $685,000. Grant amounts ranged from $10,000 to $200,000, with a median of $15,000. Listed recipients included First Community Capital-TCL Mobilization ($200,000); African Economic Development Solutions, Neighborhood Development Grant funded by Target, Fresno Community Capital, and Nector grant reclass to the correct expense ($75,000 each); Urban Tilth-TCL and Community Housing Development Corp of North Richmond ($50,000 each); and several recipients receiving $10,000 to $15,000.

Leadership & Key People

Leadership team and compensation from IRS filings

Officers and directors listed on the 2025 filing are Donna Grambrell, Chair; Vandell Hampton Jr, Secretary; Watchen Bruce, Vice Chair; Marshall Crawfoard, Treasurer; Ron Brooks, Hilda Kennedy, Dr Gene Gelgelu, Tate Hill, and Paul Jones, Directors; and Calvin Holmes, Member Emeritus.

African American Alliance of CDFI CEOs is led by Lenwood V Long Sr., CEO & Administrator since 2024 (on filings since 2021); 6 of 17 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Lenwood V Long Sr.

    CEO & Administrator

    CEO President → Key Employees, 2023

    Key Employees → CEO & Administrator, 2024

    On filings since 2021

    1 hr/week

    $290K (2023) → $342K (2025)

  • Amber Banks

    President & Administrator

    New on the 2025 filing

    1 hr/week

    $263K (2025)

  • Donna Grambrell

    Chair

    Board Chair → Chair, 2023

    On filings since 2021

    120 hrs/week

    No compensation reported

  • Gene Gelgelu

    Director

    New on the 2025 filing

    120 hrs/week

    No compensation reported

  • Hilda Kennedy

    Director

    New on the 2025 filing

    120 hrs/week

    No compensation reported

  • Paul Jones

    Director

    New on the 2025 filing

    120 hrs/week

    No compensation reported

  • Ron Brooks

    Director

    New on the 2025 filing

    120 hrs/week

    No compensation reported

  • Tate Hill

    Director

    New on the 2025 filing

    120 hrs/week

    No compensation reported

  • Chavella Sangokoya

    Senior Vice President, Programs & Strategic

    Key Employees → Senior Vice President, Programs & Strategic Initiative, 2024

    Senior Vice President, Programs & Strategic Initiative → Senior Vice President, Programs & Strategic, 2025

    On filings since 2023

    1 hr/week

    $168K (2023) → $184K (2025)

  • Ryan Gremillion

    Vice President, Policy & Research

    Key Employees → Vice President, Policy & Research, 2024

    On filings since 2023

    1 hr/week

    $158K (2023) → $183K (2025)

  • Erica Lynn Mcpherson

    Senior Vice President & Economic Development

    Senior Vice President, Economic Development & Lending → Senior Vice President & Economic Development, 2025

    On filings since 2024

    1 hr/week

    $179K (2024) → $186K (2025)

  • Awamary Khan

    CFO & Administrator

    New on the 2025 filing

    1 hr/week

    $216K (2025)

  • Calvin Holmes

    Member Emeritus

    Vice Chair → Member Emeritus, 2024

    On filings since 2021

    120 hrs/week

    No compensation reported

  • Vandell Hampton Jr.

    Secretary

    On filings since 2021

    120 hrs/week

    No compensation reported

  • Victor Elmore

    Member Emeritus

    Treasurer → Member Emeritus, 2024

    On filings since 2021

    120 hrs/week

    No compensation reported

  • Marshall Crawfoard

    Treasurer

    Director → Treasurer, 2024

    On filings since 2023

    120 hrs/week

    No compensation reported

  • Watchen Bruce

    Vice Chair

    Director → Vice Chair, 2024

    On filings since 2023

    120 hrs/week

    No compensation reported

Former officers (2)
  • Former: Amber Bond (2023) — Key Employees
  • Former: Inez Long (2021) — Assistant Treasurer

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.

Compensation Overview

From 2025 IRS filing

Lenwood V Long Sr — CEO/Admin: $342KLenwood V Long SrCEO/Admin$342KAmber Banks — President/Admin: $263KAmber BanksPresident/Admin$263KAwamary Khan — CFO/Admin: $216KAwamary KhanCFO/Admin$216KErica Lynn Mcpherson — SVP/ Economic development: $186KErica Lynn McphersonSVP/ Economic development$186KChavella Sangokoya — SVP / Programs & Strategic: $184KChavella SangokoyaSVP / Programs & Strategic$184KRyan Gremillion — VP/ Policy & Research: $183KRyan GremillionVP/ Policy & Research$183K

The highest reported compensation on the 2025 filing was $342K, to Lenwood V Long Sr (CEO/Admin). 6 officers or directors reported compensation on that filing.

Frequently asked questions about African American Alliance of CDFI CEOs

How much does African American Alliance of CDFI CEOs give each year?

African American Alliance of CDFI CEOs gave $685K across 15 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $25K across 1 grant.

What is African American Alliance of CDFI CEOs's typical grant size?

African American Alliance of CDFI CEOs's median grant in 2025 was $15,000, and its average grant was $45,667, across 15 grants on its 2025 IRS Form 990.

Does African American Alliance of CDFI CEOs give general operating support?

Yes: 100% of African American Alliance of CDFI CEOs's 2025 grants with a stated purpose (15 of 15) were for general or operating support, per its 2025 IRS Form 990.

Who are African American Alliance of CDFI CEOs's largest grantees?

African American Alliance of CDFI CEOs's largest 2025 grantees include First Community Capital-TCL MOBILIZATION ($200,000), African Economic Development Solutions - GRANT ($75,000) and Neighborhood Development Grant funded by Target ($75,000), according to its 2025 IRS Form 990. Together they received 51% of its itemized 2025 grant dollars.

How large is African American Alliance of CDFI CEOs?

African American Alliance of CDFI CEOs reported $15.1M in total assets on its 2025 IRS Form 990. Its revenue that year was $5.6M.

What does African American Alliance of CDFI CEOs fund?

The Alliance states that its mission is to support and grow Black-led CDFIs and the Black communities they serve. See mission & focus areas ↑

How do I apply for a grant from African American Alliance of CDFI CEOs?

African American Alliance of CDFI CEOs has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.

Where does African American Alliance of CDFI CEOs make grants?

The Alliance says it serves Black-led CDFIs nationwide. The filing’s grant-recipient state information is not specified clearly enough to identify a geographic distribution of grantmaking.

What is African American Alliance of CDFI CEOs's EIN?

African American Alliance of CDFI CEOs's EIN (Employer Identification Number) is 85-2659114. IRS Form 990 filing data is available on this page for 2021–2025.

Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.

Data update history

(4)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2021 (received by the IRS May 13, 2022)
  2. Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
  3. Updated Form 990 for fiscal year 2024 (received by the IRS August 11, 2025)
  4. Added Form 990 for fiscal year 2025 (received by the IRS July 9, 2026)

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from African American Alliance of CDFI CEOs's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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