The National Foundation for Credit Counseling (NFCC) is a 501(c)(3) public charity headquartered in Washington, DC. Founded in 1951, it is the oldest nonprofit financial counseling organization in the United States. The NFCC operates as a trusted network of credit counseling agencies with nearly 250 member offices staffed by 1,215 certified credit counselors serving all 50 states and U.S. territories.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.3M
-17.7% YoY
Annual Giving
$1.5M
-54.2% YoY
Grant Count
38
-5.0% YoY
Avg Grant Size
$40K
-51.8% YoY
Mission & Focus Areas
The NFCC's mission is to help all Americans gain control of their finances and ensure better financial futures for all. The organization operates on three core principles:
- Common Good: Operating in the interest of the consumer first while promoting inclusive and comprehensive initiatives
- Comprehensive Approach: Providing proven solutions to improve financial health of individuals and families
- Accessible Solutions: Ensuring services are available and accessible to all Americans regardless of background
Primary focus areas include education, human services, and health care.
Grantmaking
According to the most recent IRS Form 990 filing (2024), the NFCC reported total giving of $1,538,301. Typical grant awards range from $5,046 to $451,068.
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Geographic Focus
Where this funder awards grants
The NFCC's grant-making focuses primarily on North Carolina, Florida, and Pennsylvania, though the organization serves all 50 states and U.S. territories through its member agency network.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2023:
- Total Assets: $7.69 million
- Total Revenue: $9.66 million
- Total Expenses: $11 million
- Total Liabilities: $3.61 million
As of 2024 (most recent filing):
- Total Assets: $6,325,266
- Total Giving: $1,538,301
The organization has been tax-exempt since July 1974 (EIN: 53-0132493).
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,325,266 | $7,689,049 | $9,402,187 |
| Revenue | $8,621,347 | $9,663,493 | $9,648,541 |
| Expenses | $8,989,733 | $10,982,606 | $9,984,405 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $124,486 | $-59,882 | $861 |
| 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
199 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Board of Trustees and Key Leadership:
- Mike Croxson — Chief Executive Officer, NFCC
- Christopher Camaione-Lind — Chief Administrative Officer, CCCS of Rochester
- Genger Charles — Managing Director, Head of External Affairs and Impact Strategy, Amherst
- Jay DesMarteau — Head of Commercial Banking, Northwest Bank
- Jill Feldman — Chief Executive Officer, Navicore Solutions
- Sarah Goldfrank — Head of U.S. Personal Banking Legal, Citibank, N.A.
- Michael Grossberg — Executive Vice President, Head of Operations (Credit Card, Unsecured and Small Business), Wells Fargo
- Amy Hellen — Advisor, Capital One
- Sam Hohman — Chief Executive Officer, Credit Advisors Foundation
- Kristen Holt — President and Chief Executive Officer, GreenPath Financial Wellness
- George Janas — President, Consumer Debt Counselors
- Kavita Kamdar — Head of Strategy and Business Development for Community Banking, JP Morgan Chase & Co.
- Wesley Perkins — Managing Vice President, Head of US Card Collections & R
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JAY DESMARTEAU | CHAIR AS OF 08/2024 | 1 | — |
| DEBBIE BIANUCCI | CHAIR UNTIL 08/2024 | 1 | — |
| GENGER CHARLES | VICE CHAIR | 1 | — |
| JIM TRIGGS | SECRETARY | 1 | — |
| FAISAL UDDIN | TREASURER | 1 | — |
| GLORIA BANKS | TRUSTEE UNTIL 05/2024 | 1 | — |
| GARY VOLLMER | TRUSTEE | 1 | — |
| CHRISTOPHER CAMAIONE-LIND | TRUSTEE | 1 | — |
| GEORGE JANAS | TRUSTEE | 1 | — |
| CHRISTOPHER VIALE | TRUSTEE | 1 | — |
| SARAH GOLDFRANK | TRUSTEE | 1 | — |
| ELEANOR HOHMAN | TRUSTEE | 1 | — |
| AMY HELEN | TRUSTEE | 1 | — |
| JILL FELDMAN | TRUSTEE | 1 | — |
| MICHAEL GROSSBERG | TRUSTEE | 1 | — |
| KAVITA KAMDAR | TRUSTEE | 1 | — |
| KRISTEN HOLT | TRUSTEE | 1 | — |
| MICHAEL CROXSON | CEO | 50 | $508,543 |
| ELLEN GOURY | VP, FINANCE & HR | 50 | $178,831 |
| JENNIFER LANDIS PIZI | COO | 50 | $314,205 |
| KRISTIN ALEXANDER | CDO - UNTIL 11/2024 | 50 | $196,477 |
| BRUCE MCCLARY | SVP, MEDIA RELATIONS & MEMBERSHIP | 50 | $142,606 |
| MATTHEW RIBE | GENERAL COUNSEL | 50 | $178,640 |
| HERMOND PALMER | VP, OUTREACH & INCLUSION | 50 | $193,287 |
| JESSICA BLAIS | SVP, MARKETING | 50 | $136,908 |
Recent News & Activity
Recent developments and announcements
The NFCC has been active in recent initiatives including:
**FICO Score Open Access Program**: The NFCC network empowered consumers and recovered $1 billion in debt using the FICO Score Open Access Program, with increased debt relief program eligibility
NFCC Network Empowers Consumers and Recovers $1 Billion in Debt Using FICO\xAE\**US Bank Foundation Grant**: The NFCC received a $150,000 grant from the US Bank Foundation's Opportunity Fund
**Wells Fargo Partnership**: Collaboration on eviction and foreclosure prevention initiatives
**Foster Youth Empowerment**: Participation in grant programs awarding funds to credit unions across the United States to empower foster youth
Credit Unions across United States Awarded Grant Funds to Empower Foster\The organization employs 16 people and maintains an active presence through its member agency network, providing services to millions of consumers annually.
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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1
Total Given
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2
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$50K
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Assets
$18.3M
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Total Given
$4.2M
Partnership for a Healthier America
WASHINGTON, DC
Assets
$10.8M
Grants
12
Total Given
$350K
Association of Schools of Allied Health
WASHINGTON, DC
Assets
$2.3M
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2
Total Given
$60K
Fulcrum Foundation Inc
WASHINGTON, DC
Assets
$53K
Grants
10
Total Given
$13K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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