Raza Development Fund Inc
RDF IS UNLOCKING LASTING PROSPERITY IN COMMUNITIES ACROSS AMERICA.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$363.1M
+8.3% YoY
Annual Giving
$1.2M
+105.1% YoY
Grant Count
14
+250.0% YoY
Avg Grant Size
$86K
-41.4% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $363,067,878 | $335,227,129 | $296,838,353 |
| Revenue | $25,660,512 | $26,318,340 | $48,137,884 |
| Expenses | $23,615,314 | $20,725,703 | $24,595,544 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $3,192,211 | $2,172,984 | $279,354 |
| 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
138 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Raza Development Fund Inc fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARY ANN DONOVAN | PRESIDENT & CEO | 40 | $526,911 |
| DANIEL ORTEGA | BOARD CHAIR | 1 | — |
| BRENDA LOYA | VICE CHAIR | 1 | — |
| KENNETH I TRUJILLO | SECRETARY (BEG 5/17/24) | 1 | — |
| JOSEPH F REILLY | SECRETARY (THRU 5/16/24) | 1 | — |
| AARON DOMINGUEZ | BOARD MEMBER | 1 | — |
| DONNA GAMBRELL | BOARD MEMBER | 1 | — |
| LUIS GRANADOS | BOARD MEMBER | 1 | — |
| MARIA S SALINAS | BOARD MEMBER | 1 | — |
| J REYMUNDO OCANAS | BOARD MEMBER | 1 | — |
| JANET MURGUIA | BOARD MEMBER | 1 | — |
| ANTONIO LOPEZ | CHIEF FINANCIAL OFFICER | 40 | $227,229 |
| MELISSA MCDONALD | CHIEF PEOPLE & OPERATIONS OFFICER | 40 | $327,428 |
| DAVID CLOWER | EVP STRATEGIC INVEST (THRU 2/15/24) | 40 | $318,489 |
| SCOTT RICHTER | CHIEF CREDIT OFFICER | 40 | $213,974 |
| ADRIAN RUIZ | CHIEF INVESTMENT OFFICER | 40 | $227,493 |
| ERIK HARTMAN | CHIEF IT OFFICER (BEG 5/13/24) | 40 | — |
| JUAN MADRID | DEPUTY CFO & CONTROLLER | 40 | $210,291 |
| PEDRO CHAVES | DEPUTY CHIEF CREDIT OFFICER | 40 | $164,998 |
| AMANDA SANCHEZ | VP OF EDUCATION | 40 | $182,957 |
| CATHERINE KES | SR DIRECTOR OF SPECIALTY FINANCE | 40 | $150,413 |
| SIMA THAKKAR | SVP COMMUNITY INNOVATIONS | 40 | $150,021 |
| RODRIGO VELA | FORMER CFO (THRU 6/30/23) | 40 | $381,866 |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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