National Community Investment Fund
NCIF invests capital and lends with institutions, that increase access to responsible financial products and services, catalyze projects that provide economic opportunities, and improve the quality of life in underserved communities nationally. NCIF complements its investing and lending activities with knowledge transfer and technical assistance to scale impact.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$79.2M
+28.4% YoY
Revenue
$8.2M
-19.9% YoY
Net Investment Income
$2.5M
+293.5% YoY
Expenses
$6.9M
+57.3% YoY
About National Community Investment Fund
Based on IRS filings
National Community Investment Fund is a nonprofit organization focused on Community Improvement & Capacity Building, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $79.2M in total assets. Net investment income was $2.5M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $79,246,172 | $61,723,118 | $57,754,218 |
| Revenue | $8,202,333 | $10,233,986 | $5,340,542 |
| Expenses | $6,858,937 | $4,359,631 | $3,623,277 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $2,472,438 | $628,312 | $1,135,277 |
| 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 0 recipients in 2024
Grant Size Distribution
3 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 |
|---|---|---|---|
| Saurabh Narain | President & CEO | 40 | — |
| Victor Elmore | Chair | 2.5 | $20,000 |
| Brenda Ross-Dulan | Trustee | 2 | $15,000 |
| George Surgeon | Trustee | 2 | $15,000 |
| Robert Schall | Trustee | 2 | $15,000 |
| Tim Schwertfeger | Trustee | 2 | — |
| Weneis Chan | VP & CONTROLLER | 40 | — |
| Kyle Harvey | VP, LENDING & NMTC- TERM | 40 | — |
| Ryan Juhas | ASSISTANT Controller | 40 | — |
| Solanke Shonukan | DIRECTOR, PORTFOLIO MGMT & COMPLIANCE | 40 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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