Catalytic Development Funding Corp of
1. IMPROVE QUALITY OF LIFE AND ENVIRONMENT; 2. INCREASE ECONOMIC OPPORTUNITY FOR COMMUNITY RESIDENTS; 3. PROVIDE AFFORDABLE HOUSING CHOICES; 4. ATTRACT AMENITIES THAT ENHANCE COMMUNITY VIBRANCY; 5. GROW LOCAL TAX BASE; 6. CONTRIBUTE TO REGIONAL ECONOMIC DEVELOPMENT.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$29.9M
+8.9% YoY
Annual Giving
$1.5M
Grant Count
5
Avg Grant Size
$293K
About Catalytic Development Funding Corp of
Based on IRS filings
Catalytic Development Funding Corp of is a nonprofit organization focused on Community Improvement & Capacity Building, based in COVINGTON, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $29.9M in total assets. In 2024, it awarded 5 grants totaling $1.5M. Net investment income was $1.3M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $29,906,477 | $27,471,423 | $20,725,291 |
| Revenue | $5,241,748 | $2,578,550 | $2,528,032 |
| Expenses | $3,392,675 | $1,212,274 | $1,667,768 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,266,699 | $710,272 | $460,150 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
16 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JEANNE SCHROER | PRESIDENT & CEO | 40 | $310,000 |
| CHARLES SCHEPER | CHAIRMAN | 0.5 | — |
| MARTIN BUTLER | VICE CHAIRMAN | 0.5 | — |
| MARTHA SKELTON | SECRETARY | 0.5 | — |
| MARK CAESAR | TREASURER | 0.5 | — |
| THOMAS ALLEN | DIRECTOR | 0.5 | — |
| GENE BARBER | DIRECTOR | 0.5 | — |
| MARK BICKER | DIRECTOR | 0.5 | — |
| BRIAN FINLEY | DIRECTOR | 0.5 | — |
| ROBERT LAMOTHE | DIRECTOR | 0.5 | — |
| BOB LUEBBE | DIRECTOR | 0.5 | — |
| BERNIE MCKAY | DIRECTOR | 0.5 | — |
| JASON PAYNE | DIRECTOR | 0.5 | — |
| MATTHEW RANDAZZO | DIRECTOR | 0.5 | — |
| LEE SCHEBEN | DIRECTOR | 0.5 | — |
| JIM UEBEL | DIRECTOR | 0.5 | — |
| PAM WEBER | DIRECTOR | 0.5 | — |
| RHONDA WHITAKER-HURTT | DIRECTOR | 0.5 | — |
| RICK WIRTHLIN | DIRECTOR | 0.5 | — |
| WILL WOODWARD | DIRECTOR | 0.5 | — |
| BRUNO GIACOMUZZI | DIRECTOR (THRU 1/2024) | 0.5 | — |
| SCOTT SMITH | DIRECTOR (THRU 4/2024) | 0.5 | — |
| JOSEPH KLARE | CHIEF OPERATING OFFICER | 40 | $230,000 |
| TRAVIS GYSEGEM | DIRECTOR OF RESEARCH & UNDERWRITING | 40 | $110,000 |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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John T Reis Private Foundation
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Assets
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Total Given
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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