Appalachian Community Capital Development Foundation
Appalachian Community Capital is a public charity based in Christiansburg, Virginia. It is a nonprofit community development financial institution that raises capital for member CDFIs and other mission-aligned lenders, which provide financing and support to small businesses and underserved communities.
Key facts about Appalachian Community Capital Development Foundation
- EIN
- 46-2827486
- Latest 990 filing
- Form 990, 2025
- Total assets
- $2,068,368
- How to apply
- The program page says applications must be submitted through its online application form to be considered for program support. Full details ↓
- Deadline
- The listed deadline of April 12, 2026, has passed.
Data from IRS Form 990, 2025; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$2.1M
-88.7% YoY
Revenue
$52.1M
+755.3% YoY
Net Investment Income
$3K
Expenses
$52.1M
+759.8% YoY
Mission & Focus Areas
The organization’s stated mission is to increase small business lending by providing Appalachian member institutions serving underserved people and communities with new sources of capital. Its 2025 filing says its member network helps finance small businesses, affordable housing, community facilities, and other place-led economic development. The website says ACC raises capital for its members rather than lending directly to businesses.
Opportunity Appalachia supports community real estate development projects in underinvested Central Appalachian communities. Its stated focus areas include downtown development, housing, manufacturing, IT and broadband, healthcare, education, food systems, clean energy, heritage tourism and recreation, and addiction treatment and recovery.
Examples of organizations that received support in 2022 include Finance Fund Capital Corporation, which describes its mission as providing flexible financing for economic development and job creation in low-income communities; Carolina Small Business Development Fund, which says it provides capital, business services, and policy research to support small businesses in underserved communities; and Foodshed Capital, which says it provides financial stewardship to farms and businesses promoting an equitable and regenerative local food economy.
Grantmaking
The 2025 filing reports a grant count of zero. The available examples of grants given are from 2022: Finance Fund Capital Corporation received $100,000; Carolina Small Business Development Fund and Southeast Community Capital Corporation each received $75,000; Mountain BizCapital and SABRE Finance each received $50,000; and Foodshed Capital received $30,000.
Review Cycle
The listed deadline of April 12, 2026, has passed.
Ready to take the next step with Appalachian Community Capital Development Foundation?
Geographic Focus
Where this funder awards grants
ACC’s lending mission centers on Appalachia and underserved communities. Its website also describes a national membership class for aligned organizations working in energy communities. Opportunity Appalachia serves Central Appalachia: Kentucky, North Carolina, Ohio, Tennessee, Virginia, and West Virginia.
Grant Distribution by State
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2022, annual grant giving ranged from $600K (2021) to $905K (2022). In 2022 it made 14 grants totaling $905K.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
17 grants across all recorded years
The most common grant size was in the $50–100K range: 9 grants of 17 (53%).
Giving History
Grant recipients and amounts by year
No grants recorded for 2025.
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grant count |
|---|---|---|---|---|
| 2025 | $2,068,368 | $52,094,798 | $52,065,120 | 0 |
| 2024 | $18,336,441 | $6,090,540 | $6,055,725 | 0 |
| 2023 | $273,759 | $6,500 | $10,008 | 0 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $2,068,368 | $18,336,441 | $273,759 |
| Revenue | $52,094,798 | $6,090,540 | $6,500 |
| Expenses | $52,065,120 | $6,055,725 | $10,008 |
| Net Investment Income | $3,283 | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS November 7, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS July 13, 2023)
- Updated Form 990-EZ for fiscal year 2020 (received by the IRS October 19, 2021)
- Added Form 990 for fiscal year 2023 (received by the IRS September 16, 2024)
- Added Form 990 for fiscal year 2025 (received by the IRS August 14, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Donna Gambrell as President & CEO; Clinton B. Gwin as Chair; Marten Jenkins as Treasurer; and Neill S. Wright as Secretary. It also lists Raymond Christman, Clyde Cornett, Grace Fricks, and Matt Raker as directors, and Shauna Yeldell as Chief Lending Officer.
Appalachian Community Capital Development Foundation is led by Donna Gambrell, President & CEO on every filing since 2020; none of the 9 officers listed in 2025 report compensation.
Officers on the 2025 filing
Donna Gambrell
President & CEO
On filings since 2020
1 hr/week
No compensation reported
Clinton B. Gwin
Chair
On filings since 2020
1.5 hrs/week
No compensation reported
Clyde Cornett
Director
On filings since 2020
1.5 hrs/week
No compensation reported
Grace Fricks
Director
On filings since 2020
1.5 hrs/week
No compensation reported
Matt Raker
Director
On filings since 2020
1.5 hrs/week
No compensation reported
Raymond Christman
Director
On filings since 2023
1.5 hrs/week
No compensation reported
Marten Jenkins
Treasurer
On filings since 2020
1.5 hrs/week
No compensation reported
Neill S. Wright
Secretary
Director → Secretary, 2023
On filings since 2020
1.5 hrs/week
No compensation reported
Shauna Yeldell
Chief Lending Officer
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (3)
- Former: Julia J. Parker (2023–2024) — Chief Lending Officer
- Former: Lori Chatman (2020–2023) — Director
- Former: Ray Chrisman (2020–2022) — Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Mailing address: 110 Peppers Ferry Road Nw, Christiansburg, VA 24073
Phone: (202) 547-5155
Website: https://appalachiancommunitycapitalcdfi.org
Frequently asked questions about Appalachian Community Capital Development Foundation
How large is Appalachian Community Capital Development Foundation?
Appalachian Community Capital Development Foundation reported $2.1M in total assets on its 2025 IRS Form 990. Its revenue that year was $52.1M.
What does Appalachian Community Capital Development Foundation fund?
The organization’s stated mission is to increase small business lending by providing Appalachian member institutions serving underserved people and communities with new sources of capital. See mission & focus areas ↑
How do I apply for a grant from Appalachian Community Capital Development Foundation?
The program page says applications must be submitted through its online application form to be considered for program support. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
Where does Appalachian Community Capital Development Foundation make grants?
ACC’s lending mission centers on Appalachia and underserved communities. Its website also describes a national membership class for aligned organizations working in energy communities. Opportunity Appalachia serves Central Appalachia: Kentucky, North Carolina, Ohio, Tennessee, Virginia, and West Virginia.
What is Appalachian Community Capital Development Foundation's EIN?
Appalachian Community Capital Development Foundation's EIN (Employer Identification Number) is 46-2827486. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Here's the math on researching Appalachian Community Capital Development Foundation by hand.
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