Neighborhood Impact Investment Fund Inc
Neighborhood Impact Investment Fund, inc. (NIIF) mobilizes capital and leverages partnerships to support community development, drive economic opportunity, and promote equity in baltimore's disinvested neighborhoods.
Neighborhood Impact Investment Fund Inc at a glance
In short: Neighborhood Impact Investment Fund Inc gave $3.1M across 5 grants in 2025 (avg $619K), mostly in Maryland. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $3,093,254
- -17.2% vs 2024
- Grants made (2025)
- 5
- -54.5% vs 2024
- Average grant
- $618,651
- +82.2% vs 2024
- Median grant
- $23,819
- Total assets
- $65,279,260
- +3.6% vs 2024
- Primary geography
- Maryland (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Neighborhood Impact Investment Fund Inc funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2025
The largest 2025 recipient was Medco Madison Park North LLC ($3.0M). Together the top 5 received $3.1M.
Grant Size Distribution
17 grants across all recorded years
The most common grant size was under $50K: 13 grants of 17 (76%).
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2025, annual grant giving ranged from $100K (2023) to $3.7M (2024). In 2025 it made 5 grants totaling $3.1M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Medco Madison Park North LLC Baltimore, MD | DHCD Core Grants | $3,002,660 |
| Druid Heights Community Development Corporation Inc Baltimore, MD | Niif Small Developers Grant Program | $25,000 |
| Tamir Ezzat - 101 E Trenton Street Loan Baltimore, MD | Niif Small Developers Grant Program | $23,819 |
| PHG - E 22ND Street Note a Loan Baltimore, MD | Niif Small Developers Grant Program | $23,783 |
| Venroy July - 1339 W Baltimore Street Loan Baltimore, MD | Niif Small Developers Grant Program | $17,992 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $65,279,260 | $8,474,230 | $5,947,138 | $3,093,254 | 5 | $2,168,718 |
| 2024 | $63,033,777 | $10,363,482 | $6,077,976 | $3,735,950 | 11 | $1,084,483 |
| 2023 | $57,985,292 | $3,569,338 | $2,255,647 | $100,000 | 1 | $1,264,400 |
| 2022 | $56,038,192 | $3,451,759 | $1,376,135 | — | — | $663,497 |
| 2021 | $54,089,021 | $858,196 | $1,469,587 | — | — | $683,073 |
About Neighborhood Impact Investment Fund Inc
Based on IRS filings
Neighborhood Impact Investment Fund Inc is a public charity focused on Community Improvement & Capacity Building, based in Baltimore, MD. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $65.3M in total assets. In 2025, it awarded 5 grants totaling $3.1M. Net investment income was $2.2M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Neighborhood Impact Investment Fund Inc is led by Mark A. Kaufman, President & CEO since 2024 (on filings since 2021); 4 of 19 officers listed in 2025 are compensated.
Officers on the 2025 filing
Mark A. Kaufman
President & CEO
President & Chief Executive Officer → President & CEO, 2024
On filings since 2021
40 hrs/week
$159K (2022) → $194K (2025)
Lori M. Glass
Member & Investment Chair
Chief Lending Officer → Member, 2024
Member → Member & Investment Chair, 2025
On filings since 2021
1 hr/week
$134K (2022) → $0 (2025)
Arnold Williams
Board Chair
Chairman → Board Chair, 2024
On filings since 2021
2 hrs/week
No compensation reported
John Hamilton
Member & Nominating Chair
Treasurer & Governance Chair → Member, 2024
Member → Member & Nominating Chair, 2025
On filings since 2021
1 hr/week
No compensation reported
Marc Broady
Member & Diversity Equity Inclusion Chair
Member → Member & Diversity Equity Inclusion Chair, 2025
On filings since 2021
1 hr/week
No compensation reported
Paul Taylor
Member & Small Business Chair
Member → Member & Small Business Chair, 2025
On filings since 2021
1 hr/week
No compensation reported
Ryan Rattanni
Chief Loan Officer
Chief Lending Officer & Vice President → Chief Loan Officer, 2025
On filings since 2024
40 hrs/week
$124K (2024) → $145K (2025)
Sammy Ndiyo
Chief Finance Officer
Controller → Chief Finance Officer, 2025
On filings since 2024
40 hrs/week
$121K (2024) → $130K (2025)
Heidi Hansen
General Counsel & Loan Officer
New on the 2025 filing
32 hrs/week
$139K (2025)
Augie Chiasera
Member
On filings since 2021
1 hr/week
No compensation reported
Colin Tarbert
Member
On filings since 2021
1 hr/week
No compensation reported
Jalal Jay Greene
Treasurer & Audit Co-Chair
Member → Treasurer, 2024
Treasurer → Treasurer & Audit Co-Chair, 2025
On filings since 2021
2 hrs/week
No compensation reported
Mary John Miller
Member
Audit Chair → Member, 2024
On filings since 2021
2 hrs/week
No compensation reported
Ft Burden
Member
On filings since 2023
1 hr/week
No compensation reported
Linda Sorden
Secretary
Member → Member & Secretary, 2024
Member & Secretary → Secretary, 2025
On filings since 2023
2 hrs/week
No compensation reported
Sonja Wells
Member
On filings since 2023
1 hr/week
No compensation reported
Annie Milli
Member
On filings since 2024
1 hr/week
No compensation reported
Michael Gaines
Secretary
Member → Secretary, 2025
On filings since 2024
2 hrs/week
No compensation reported
Michael Porkorny
Member
On filings since 2024
1 hr/week
No compensation reported
Former officers (14)
- Former: Ernst Valery (2021–2024) — Member
- Former: Joyce Moskovitz (2021–2024) — Secretary
- Former: Patricia Chandler (2024) — Chief Financial Officer & Treasurer
- Former: Dana Johnson Left In March (2023) — Investment Chair
- Former: Fagan Harris Left In January (2023) — Member
- Former: Patti Chandler (2023) — Chief Financial Officer Started Board Approved Cf
- Former: Rodney Boyd Left In March (2023) — Member
- Former: Dana Johnson (2021–2022) — Investment Chair
- Former: Fagan Harris Joined September (2022) — Member
- Former: Lori Chatman July - September (2022) — Member
- Former: Rodney Boyd July (2022) — Member
- Former: Sonja Wells Joined September (2022) — Member
- Former: Lori Chatman (2021) — Member
- Former: Rodney Boyd (2021) — Member
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $194K, to Mark Kaufman (President and CEO). 4 officers or directors reported compensation on that filing.
Frequently asked questions about Neighborhood Impact Investment Fund Inc
How much does Neighborhood Impact Investment Fund Inc give each year?
Neighborhood Impact Investment Fund Inc gave $3.1M across 5 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $3.7M across 11 grants.
What is Neighborhood Impact Investment Fund Inc's typical grant size?
Neighborhood Impact Investment Fund Inc's median grant in 2025 was $23,819, and its average grant was $618,651, across 5 grants on its 2025 IRS Form 990.
Where does Neighborhood Impact Investment Fund Inc give grants?
Neighborhood Impact Investment Fund Inc gives mostly in Maryland: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Baltimore, MD (5 grants).
Does Neighborhood Impact Investment Fund Inc give general operating support?
Not in 2025: none of the 5 grants with a stated purpose on Neighborhood Impact Investment Fund Inc's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Niif Small Developers Grant Program" (4 grants).
Who are Neighborhood Impact Investment Fund Inc's largest grantees?
Neighborhood Impact Investment Fund Inc's largest 2025 grantees include Medco Madison Park North LLC ($3,002,660), Druid Heights Community Development Corporation Inc ($25,000) and Tamir Ezzat - 101 E Trenton Street Loan ($23,819), according to its 2025 IRS Form 990. Together they received 99% of its itemized 2025 grant dollars.
How large is Neighborhood Impact Investment Fund Inc?
Neighborhood Impact Investment Fund Inc reported $65.3M in total assets on its 2025 IRS Form 990. Its revenue that year was $8.5M.
What is Neighborhood Impact Investment Fund Inc?
Neighborhood Impact Investment Fund Inc is a public charity focused on Community Improvement & Capacity Building, based in Baltimore, MD. It holds $65.3M in total assets as of 2025.
What is Neighborhood Impact Investment Fund Inc's EIN?
Neighborhood Impact Investment Fund Inc's EIN (Employer Identification Number) is 83-2643429. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2023 (received by the IRS November 8, 2023)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 15, 2024)
- Updated Form 990 for fiscal year 2025 (received by the IRS November 14, 2025)
- IRS filings on file for fiscal years 2021–2025
Live grants for the work Neighborhood Impact Investment Fund Inc funds
Community Improvement & Capacity Building Open opportunities, soonest deadline first.
- Leveling-Up Award $1,000 · Due October 25, 2026
- Arnold F. Keller, Jr. Grant for New Initiatives/Program Expansion $25,000 · Due October 27, 2026
- Wausau Marathon County Impact Grants (Community Foundation of North Central Wisconsin) $1,000 to $100,000 depending on the scope of the project · Due October 27, 2026
Explore Open Grants
Browse active grant opportunities in Neighborhood Impact Investment Fund Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Baltimore Civic Fund Inc
Baltimore, MD
The Baltimore Civic Fund administers city-agency and partner-funded programs focused on Baltimore residents, including arts and culture, neighborhood improvements, workforce development, education, and community support; it says it does not make direct grants to organizations or individuals. Its 2025 filing reports 46 subgrants ranging from $5,200 to $612,786, with a median of $11,250, mostly supporting work in Maryland. It does not state whether it accepts unsolicited requests.
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R Scott Rosenberger Charitable Foundation Inc
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The Batza Family Foundation supports preselected 501(c)(3) organizations conducting direct charitable work, including education, health, human services, and religious activities, primarily in Maryland and New York. Its 2025 grants ranged from $250 to $155,500, with a median of $32,500; it does not accept unsolicited funding requests.
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The Devito Family Trust
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The Devito Family Trust supports a range of charitable organizations, including programs for children and families, people with disabilities, anti-trafficking efforts, emergency services, and land conservation. In 2025, its 23 grants ranged from $500 to $135,000, with a median of $5,000, and most funding went to Maryland, followed by North Carolina and New York. It funds preselected organizations and does not accept unsolicited requests.
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France-Merrick Foundation Inc
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The Foundation funds one-time, project-based work in civic and culture, community and economic development, conservation, education, health and human services, and historic preservation, mainly in greater Baltimore and elsewhere in Maryland. Its 2025 grants ranged from $100 to $305,000, with a median of $22,370. It accepts unsolicited requests through a rolling letter-of-inquiry process; proposals are by invitation.
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