National Council for Community
The National Council for Community Development, operating as Grow America, is a 501(c)(3) nonprofit organization based in New York, NY. Established in 1973, the organization operates two Community Development Financial Institutions (CDFIs): Grow America Fund and NDC Community Impact Loan Fund. The organization works to create economic opportunities, affordable housing, and strengthen communities in underserved areas across the United States, with particular focus on five of the ten most distressed cities in America: Cleveland, Buffalo, Newark, Cincinnati, and San Bernardino.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$32.3M
-17.8% YoY
Annual Giving
$10.6M
+29.0% YoY
Grant Count
745
+29.1% YoY
Avg Grant Size
$14K
-0.1% YoY
Mission & Focus Areas
The National Council for Community Development has three primary exempt purposes:
Encourage and foster business ownership by members of disadvantaged groups — Through advisory services and small business lending units, the organization assists nonprofits and small businesses owned by disadvantaged individuals or those located in low-income census tracts. Services include SBA-guaranteed 7A loans, SBA-guaranteed PPP loans, COVID recovery grants, non-guaranteed loans, training, and business counseling services.
Conduct programs to inform and aid communities in obtaining and utilizing governmental and other funds — Supporting local economic development initiatives.
Provide quality housing for low-income persons — Addressing affordable housing needs in underserved communities.
Grantmaking
The organization has extended over $609 million in COVID recovery financing through grants and loans at below-market interest rates with attractive terms. Services are provided at no cost to clients, including business counseling and advisory services.
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Geographic Focus
Where this funder awards grants
The organization operates nationally, with particular concentration in distressed communities. Specific service areas include Cleveland, Buffalo, Newark, Cincinnati, and San Bernardino. As of 2021, the organization expanded technical assistance to Hartford, CT, Lewisville and Irving, TX, and the State of Connecticut.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
The organization has extended over $609 million in COVID recovery financing through grants and loans at below-market interest rates with attractive terms. Services are provided at no cost to clients, including business counseling and advisory services.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $32,344,820 | $39,325,806 | $46,688,940 |
| Revenue | $31,068,119 | $33,620,104 | $35,945,507 |
| Expenses | $34,891,766 | $35,143,999 | $31,712,139 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $47,602 | $27,845 | $18,915 |
| 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 10 recipients in 2024
Grant Size Distribution
158 grants across all recorded years
Open Grants
1 open opportunity from National Council for Community
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Daniel Marsh III — Principal Officer
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DANIEL MARSH III | PRESIDENT & CEO | 44 | $531,397 |
| GARY PERLOW | BOARD MEMBER | 1.71 | — |
| JAMIE BLOSSER | BOARD MEMBER | 1.71 | — |
| JESSICA COSTELLO | BOARD MEMBER/SECRETARY | 1.71 | — |
| JESSICA ZIMBABWE | BOARD MEMBER | 1.71 | — |
| NICOLE HUDSON | BOARD MEMBER | 1.71 | — |
| PATRICK DUGGAN | BOARD MEMBER | 1.71 | — |
| REGINA MONTOYA | BOARD MEMBER | 1.71 | — |
| SETH BONGARTZ | CHAIRMAN | 1.71 | — |
| STUART COMSTOCK-GAY | BOARD MEMBER | 1.71 | — |
| TOMASITA DURAN | BOARD MEMBER | 1.71 | — |
| ADAM ENNIS | COO/ASSISTANT SECRETARY | 20.5 | $351,274 |
| DANIEL CHOI | CFO | 12.5 | $271,108 |
| RAQUEL FAVELA | SENIOR DIRECTOR | 47 | $293,881 |
| DAVID TREVISANI | PRODUCT MANAGER | 25 | $284,339 |
| KEVIN GREMSE | REGIONAL MANAGER | 47 | $274,418 |
| MICHAEL GRIFFIN | FUND MANAGER | 2.5 | $366,362 |
| STEPHANIE DUGAN | PRODUCT MANAGER | 10 | $250,665 |
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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