Mission Economic Development Agency
Mission Economic Development Agency (MEDA) is a public charity based in San Francisco, California. Rooted in the Mission District, it works in partnership to advance economic mobility for Latino communities through community ownership, pathways to opportunity, and lasting systems change.
Mission Economic Development Agency at a glance
In short: Mission Economic Development Agency gave $3.5M across 37 grants in 2024 (avg $94K), mostly in California. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $3,464,183
- +650.4% vs 2023
- Grants made (2024)
- 37
- +208.3% vs 2023
- Average grant
- $93,627
- +143.4% vs 2023
- Median grant
- $45,000
- Total assets
- $238,692,296
- +13.4% vs 2023
- Primary geography
- California (81% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
How to apply to Mission Economic Development Agency
- Contact
Mailing address: 2301 Mission Street 301, San Francisco, CA 94110
Phone: (415) 282-3334
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
1 open opportunity from Mission Economic Development Agency
Who Mission Economic Development Agency funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was RTI International ($425K). Together the top 10 received $2.4M.
Grant Size Distribution
96 grants across all recorded years
The most common grant size was under $50K: 65 grants of 96 (68%).
Geographic Focus
Where this funder awards grants
MEDA is rooted in San Francisco’s Mission District and says its offices are there and its operations cover all nine Bay Area counties. In 2024, 81% of its grant dollars went to recipients in California, 12% to North Carolina, and 6% to Washington, DC.
Grant Distribution by State
Share of 2024 grant dollars across all 37 itemized grants.
Cities
How Mission Economic Development Agency gives
Estimate from itemized grant lists in IRS Form 990 filings (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $10K (2021) to $3.5M (2024). In 2024 it made 37 grants totaling $3.5M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| RTI International Raleigh, NC | California Promise Neighborhood Network | $425,134 |
| Promotoras Activas SF San Francisco, CA | Seed Cooperative and Tax Season Support | $357,004 |
| Homies Organizing the Mission to Empower Youth Homey San Francisco, CA | Building Improvements for Cultural Placekeeper | $313,054 |
| Good Samaritan Family Resource Center San Francisco, CA | Mission Promise Neighborhood Partner Network | $236,805 |
| Mission Graduates San Francisco, CA | Mission Promise Neighborhood Partner Network | $236,000 |
| The Urban Institute Washington, DC | California Promise Neighborhood Network | $217,976 |
| Jamestown Community Center San Francisco, CA | Mission Promise Neighborhood Partner Network | $190,300 |
| Felton Institute Alameda, CA | Mission Promise Neighborhood Partner Network | $154,303 |
| Mission Neighborhood Health Center San Francisco, CA | Mission Promise Neighborhood Partner Network | $135,750 |
| Instituto Familiar De La Raza Inc San Francisco, CA | Mission Promise Neighborhood Partner Network | $115,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $238,692,296 | $24,953,956 | $30,400,580 | $3,464,183 | 37 | $233,696 |
| 2023 | $210,455,685 | $26,474,112 | $31,693,130 | $461,667 | 12 | $155,935 |
| 2022 | $192,408,729 | $26,896,587 | $23,943,298 | $317,528 | 6 | $6,868 |
| 2021 | $193,556,070 | $20,206,962 | $22,929,222 | $10,000 | 1 | $106,156 |
| 2020 | $191,207,226 | $27,796,380 | $20,429,250 | $1,787,341 | 40 | $69,353 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
MEDA states that it is advancing a national equity movement by building Latino prosperity, community ownership, and civic power. Its programs include community real estate; financial capability and asset-building services; business development; housing opportunities and eviction prevention; free tax preparation; workforce development; and Mission Promise Neighborhood, a cradle-to-career initiative.
MEDA’s 2024 grants included organizations working in education, youth and family services, health, and community development. For example, Mission Graduates describes its mission as helping youth and families pursue higher education and fulfilling careers. Jamestown Community Center says it provides educational, recreational, social, and community services to youth and parents in the Mission District and surrounding neighborhoods. Instituto Familiar de la Raza describes providing health and social services to children, youth, adults, and families.
Grantmaking
In filing year 2024, MEDA reported 37 grants totaling $3,464,183. Grants ranged from $15,000 to $425,134, with a median of $45,000. The largest awards included $425,134 to RTI International for the California Promise Neighborhood Network; $357,004 to Promotoras Activas SF for seed cooperative and tax season support; and $313,054 to Homies Organizing the Mission to Empower Youth (HOMEY) for building improvements for a cultural placekeeper.
Other notable 2024 grants included $236,805 to Good Samaritan Family Resource Center and $236,000 to Mission Graduates for the Mission Promise Neighborhood Partner Network; $217,976 to the Urban Institute for the California Promise Neighborhood Network; and $190,300 to Jamestown Community Center for the Mission Promise Neighborhood Partner Network. The Urban Institute describes its mission as equipping changemakers with evidence and solutions so people and communities can thrive.
MEDA’s San Francisco Women’s Entrepreneurship Fund offers mini-grants of up to $5,000 to San Francisco women-owned small businesses for projects and upgrades intended to support business growth. Eligible project areas include business operations improvements, visual merchandising, space improvements, and marketing. The program page says applications are not being accepted until further notice due to the high number of nominees.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Rafael Yaquian-Illescas as board chair; Teresa Garcia as vice chair; Whitney Jones as treasurer; and Marco Chavarin as secretary. It also lists Rich Gross, Kevin Stein, Ysabel Duron, Ed Cabrera, Manuel Santamaria, and Carina Marquez as members.
Mission Economic Development Agency is led by Luis Granados, CEO on every filing since 2020; 13 of 29 officers listed in 2024 are compensated.
Officers on the 2024 filing
Luis Granados
CEO
On filings since 2020
40 hrs/week
$199K (2020) → $423K (2024)
Rafael Yaquian-Lllescas
Board Chair
Secretary → Board Chair, 2022
On filings since 2020
1 hr/week
No compensation reported
Dolores Terrazas
Vice President of Risk Management & Compliance
President & Chair → Chairperson, 2021
Chairperson → Vice President of Risk Management & Compliance, 2024
On filings since 2020
40 hrs/week
$166K (2024)
Elaine Yee
Vice President of Committee Real Estate
Deputy Director Committee Real Estate → Deputy Director Cre, 2022
Deputy Director Cre → Vice President of Committee Real Estate, 2023
On filings since 2020
40 hrs/week
$120K (2020) → $181K (2024)
Jillian Spindle
Chief Strategy & Advance
COO → Chief Strategy & Advancement Officer, 2023
Chief Strategy & Advancement Officer → Chief Strategy & Advance, 2024
On filings since 2020
40 hrs/week
$156K (2020) → $220K (2024)
Karoleen Feng
Senior Advisor to Cre
Director of Committee Real Estate → Chief Committee Real Estate Officer, 2023
Chief Committee Real Estate Officer → Senior Advisor to Cre, 2024
On filings since 2020
40 hrs/week
$161K (2020) → $206K (2024)
Richard Raya
Cso
On filings since 2020
40 hrs/week
$127K (2020) → $50K (2024)
Berlina Ceguerra
COO
Need Title → Director of Ops, 2022
Director of Ops → COO, 2023
On filings since 2021
40 hrs/week
$130K (2021) → $201K (2024)
Elizabeth Cortez
Vice President of Mpn-Collective Impact
Associate Director → Vice President of Mpn-Collective Impact, 2024
On filings since 2021
40 hrs/week
$122K (2021) → $159K (2024)
Carlos Ramirez
CFO From
Finance Director → CFO From, 2024
On filings since 2023
40 hrs/week
$158K (2023) → $191K (2024)
Pamela Benoit
CFO
CFO From → CFO, 2024
On filings since 2023
40 hrs/week
$73K (2023) → $240K (2024)
Rajni Banthia
Vice President of Data, Analysis & Planning
Vice President of Evaluation → Vice President of Data, Analysis & Planning, 2024
On filings since 2023
40 hrs/week
$158K (2023) → $174K (2024)
Ernesto Martinez
Vice President of Asseet Building Programs
New on the 2024 filing
40 hrs/week
$161K (2024)
Jose Garcia
Chief Cre
New on the 2024 filing
40 hrs/week
$149K (2024)
Ed Cabrera
Member
On filings since 2020
1 hr/week
No compensation reported
Jabari Herbert
Member
On filings since 2020
1 hr/week
No compensation reported
Kevin Stein
Member
On filings since 2020
1 hr/week
No compensation reported
Marco Chavarin
Secretary
Member → Secretary, 2022
On filings since 2020
1 hr/week
No compensation reported
Whitney Jones
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Ysabel Duron
Member
On filings since 2020
1 hr/week
No compensation reported
Carina Marquez
Member
On filings since 2021
1 hr/week
No compensation reported
Teresa Garcia
Vice Chair
On filings since 2022
1 hr/week
No compensation reported
Carolina Martinez
Member
On filings since 2023
1 hr/week
No compensation reported
Teddy Gray King Vasquez
Member
On filings since 2023
1 hr/week
No compensation reported
Antonio Isais
Member
New on the 2024 filing
1 hr/week
No compensation reported
Bianca Lopez
Member
New on the 2024 filing
1 hr/week
No compensation reported
Joyce Slen
Member
New on the 2024 filing
1 hr/week
No compensation reported
Manuel Santamaria
Member
New on the 2024 filing
1 hr/week
No compensation reported
Rich Gross
Member
New on the 2024 filing
1 hr/week
No compensation reported
Former officers (15)
- Former: Priscilla Chen-Ok (2020–2023) — CFO
- Former: Rebeca Patino (2021–2023) — Member
- Former: Lucy Porras (2022–2023) — Vice President of Development & Communications
- Former: Pablo Solares-Rowbury (2023) — Vice President & Fondo Adelante
- Former: Norma Garcia (2020–2022) — Director of Policy & Advocacy
- Former: Tyler Adams (2022) — Director of Finance
- Former: M. Teresa Garcia (2020–2021) — Vice Chairperson
- Former: John Oliver (2021) — Associate Director Real Estate
- Former: Graciela Aponte (2020) — Member
- Former: Johnny Oliver (2020) — Associate Director Real Estate
- Former: Jonathan Segarra (2020) — Director of Devl. & Communications
- Former: Laurie Scolari (2020) — Member
- Former: Miriam Chion (2020) — Member
- Former: Nathaniel Owen (2020) — Director of Loan Fund
- Former: Paul Monge (2020) — Member
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $423K, to Luis Granados (CEO). 13 officers or directors reported compensation on that filing.
Frequently asked questions about Mission Economic Development Agency
How much does Mission Economic Development Agency give each year?
Mission Economic Development Agency gave $3.5M across 37 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $462K across 12 grants.
What is Mission Economic Development Agency's typical grant size?
Mission Economic Development Agency's median grant in 2024 was $45,000, and its average grant was $93,627, across 37 grants on its 2024 IRS Form 990.
Where does Mission Economic Development Agency give grants?
Mission Economic Development Agency gives mostly in California: 81% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The next largest states were North Carolina (12%) and District of Columbia (6%). The most frequent recipient cities were San Francisco, CA (20 grants) and Oakland, CA (2 grants).
Does Mission Economic Development Agency give general operating support?
Not in 2024: none of the 37 grants with a stated purpose on Mission Economic Development Agency's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Mission Promise Neighborhood Partner Network" (16 grants), "Small Business Coalition for Racial Justice" (11 grants) and "Seed Cooperative Program" (3 grants).
Who are Mission Economic Development Agency's largest grantees?
Mission Economic Development Agency's largest 2024 grantees include RTI International ($425,134), Promotoras Activas SF ($357,004) and Homies Organizing the Mission to Empower Youth Homey ($313,054), according to its 2024 IRS Form 990. Together they received 32% of its itemized 2024 grant dollars.
How large is Mission Economic Development Agency?
Mission Economic Development Agency reported $238.7M in total assets on its 2024 IRS Form 990. Its revenue that year was $25.0M.
What does Mission Economic Development Agency fund?
MEDA states that it is advancing a national equity movement by building Latino prosperity, community ownership, and civic power. See mission & focus areas ↑
How do I apply for a grant from Mission Economic Development Agency?
Mission Economic Development Agency has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.
What is Mission Economic Development Agency's EIN?
Mission Economic Development Agency's EIN (Employer Identification Number) is 51-0187791. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Mission Economic Development Agency's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Mission Economic Development Agency funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/mission-economic-development-agency-morg_fd223133ebfa4666a70b41d021b374ac
BibTeX
@misc{grantable_510187791_2026,
author = {{Grantable}},
title = {{Mission Economic Development Agency funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/mission-economic-development-agency-morg_fd223133ebfa4666a70b41d021b374ac},
note = {Accessed 2026-10-16. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Mission Economic Development Agency'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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