RSF Social Finance Inc logo

RSF Social Finance Inc

Public charity · Grantmaker San Francisco, CA EIN: 13-6082763 Website

RSF Social Finance Inc is a public charity based in San Francisco, California. The organization says it has worked since 1984 to put money toward social and environmental change through investment notes, donor-advised funds, loans, and grants. Its work includes healthier food systems, climate and energy, education, and community impact. The organization’s 2024 filing reports grants to organizations and projects aligned with its charitable mission, as well as mission-related loans to for-profit social enterprises and nonprofit organizations.

Key facts about RSF Social Finance Inc

In short: RSF Social Finance Inc gave $48.2M across 457 grants in 2024 (avg $105K), top state California. 34% of 2024 grantees were new. Source: 2024 IRS Form 990.

EIN
13-6082763
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$48,191,400
Grants made (2024)
457
Average grant
$105,452
Median grant
$25,000
New grantees (estimate)
34% first-time grantees (155 of 457, 2024)
Total assets
$108,388,243
Primary geography
California (22% of itemized 2024 grant dollars)

Data from IRS Form 990, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$108.4M

-16.3% YoY

Annual Giving

$48.2M

+45.7% YoY

Grant Count

457

+7.0% YoY

Avg Grant Size

$105K

+36.1% YoY

Is RSF Social Finance Inc open to new grantees?

34%

first-time grantees, 2024

In 2024, 155 of 457 grantees (34%) were first-time recipients. First grants averaged $78K; repeat grants $120K. How we count

Medians: $24K first-time, $25K repeat.

  • 51% of 2024 grantees were also funded in 2023. Method
  • Giving grew 39% from 2021 to 2024. Method

Estimate from itemized grant lists in IRS Form 990 filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

RSF’s stated mission is to help create a world where all people can use their money to regenerate people, communities, and the planet. Its website identifies food and agriculture, climate and energy, education, and community impact as areas of work. It describes its financing as supporting social enterprises and mission-driven organizations, including through working-capital and term loans.

Examples of grantees’ stated missions illustrate the range of organizations RSF supported in 2024. The National Black Food & Justice Alliance describes itself as a coalition developing Black leadership and building institutions for Black food sovereignty and liberation. EKVNV YefolecvIke says it works to revitalize Maskoke language and culture while advancing ecological sustainability. Quipa says it supports grassroots organizations in the global South to foster healthy social and natural environments. These are the grantees’ descriptions of their own work.

Grantmaking

In filing year 2024, RSF reported 457 grants totaling $48,191,400. Grant amounts ranged from $5,250 to $5,520,632, with a median grant of $25,000. The filing lists the purposes of the largest grants below as general operating support.

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Geographic Focus

Where this funder awards grants

RSF’s 2024 grant dollars went primarily to recipients in California (22%), Maryland (12%), New York (11%), Georgia (8%), and Pennsylvania (6%). These figures describe the locations of recipients, not an exclusive geographic focus.

Grant Distribution by State

52states

Share of 2024 grant dollars across all 457 itemized grants.

Cities

OaklandNew YorkSan FranciscoWashingtonLos AngelesBoulderBostonChicagoBerkeleySeattlePhiladelphiaPortlandBrooklynJacksonNew OrleansAtlantaRichmondAmherstDenverDurham

Giving Over Time

Total grant dollars and number of grants per year

$0$20M$40M$60M439 grants2020 436 grants2021 424 grants2022 427 grants2023 457 grants2024

From 2020 to 2024, annual grant giving ranged from $29.5M (2022) to $48.2M (2024). In 2024 it made 457 grants totaling $48.2M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Impactassets Inc: $5.5MImpactassets Inc$5.5MNational Black Food and Justice Alliance: $3.0MNational Black Food andJustice Alliance$3.0MGlobal Whole Being Fund: $2.6MGlobal Whole Being Fund$2.6MLiving Lands Trust: $2.3MLiving Lands Trust$2.3MNational Philanthropic Trust: $2.3MNational Philanthropic Trust$2.3MNew World Foundation: $1.7MNew World Foundation$1.7MEkvnv Yefolecvlke: $1.3MEkvnv Yefolecvlke$1.3MFwdus Education Fund Inc: $1.3MFwdus Education Fund Inc$1.3MQuipa Inc: $1.0MQuipa Inc$1.0MImpact Charitable: $1.0MImpact Charitable$1.0M

The largest 2024 recipient was Impactassets Inc ($5.5M). Together the top 10 received $22.0M.

Grant Size Distribution

2,183 grants across all recorded years

1466<$50K337$50–100K247$100–250K85$250–500K23$500K–1M23$1–5M2$5M+

The most common grant size was under $50K: 1,466 grants of 2,183 (67%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Impactassets Inc Bethesda, MDGeneral Operating Support$5,520,632
National Black Food and Justice Alliance Atlanta, GAGeneral Operating Support$3,008,514
Global Whole Being Fund Alameda, CAGeneral Operating Support$2,650,000
Living Lands Trust Burlington, WIGeneral Operating Support$2,338,139
National Philanthropic Trust Jenkintown, PAGeneral Operating Support$2,283,054
New World Foundation New York, NYGeneral Operating Support$1,663,198
Ekvnv Yefolecvlke Weogufka, ALGeneral Operating Support$1,310,315
Fwdus Education Fund Inc Washington, DCGeneral Operating Support$1,250,000
Quipa Inc Albany, NYGeneral Operating Support$1,020,000
Impact Charitable Denver, COGeneral Operating Support$1,000,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants Grant count
2024 $108,388,243 $40,993,452 $62,270,525 $48,191,400 457
2023 $129,532,472 $51,926,640 $48,338,952 $33,078,751 427
2022 $128,983,791 $35,449,259 $44,402,782 $29,459,621 424
Revenue
Expenses
Net Investment Income
$0$20M$40M$60M$80M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$108,388,243$129,532,472$128,983,791
Revenue$40,993,452$51,926,640$35,449,259
Expenses$62,270,525$48,338,952$44,402,782
Net Investment Income$2,095,860$1,984,411$-213,574

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 12, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS February 13, 2023)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS November 14, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS September 30, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Jasper J. van Brakel as CEO/trustee; Elissa Sangalli and Lee Merkle-Raymond as board co-chairs; and CJ Callen, Taylor Jordan, Amir Kirkwood, Dr. David E. McClean, and Derek E. Peebles as trustees. JC Lionti’s trustee service began in May 2024, and Konda Mason served through May 2024. Derek E. Peebles’s trustee service began in November 2024.

RSF Social Finance Inc is led by Jasper J. Van Brakel, CEO & Trustee on every filing since 2020; 12 of 24 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Jasper J. Van Brakel

    CEO & Trustee

    On filings since 2020

    16 hrs/week

    $378K (2020) → $483K (2024)

  • Amy Bird

    Director & Lending

    Senior Relationship Manager & Lending → Senior Relationship Manager Lending, 2023

    Senior Relationship Manager Lending → Director & Lending, 2024

    On filings since 2021

    16 hrs/week

    $118K (2021) → $129K (2024)

  • Michael Bart

    Director, Loan & Investment Operations

    Director & Operations → Director, Loan & Investment Operations, 2024

    On filings since 2023

    16 hrs/week

    $117K (2023) → $138K (2024)

  • Ben Gordon

    Director & Credit

    New on the 2024 filing

    16 hrs/week

    $145K (2024)

  • Amir Kirkwood

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Cj Callen

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • David E. McClean

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Stephanie Rynas

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Ingrid Ryan

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Konda Mason

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Taylor Jordan

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Anne J. White

    Trustee Start

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Derek E. Peebles

    Trustee Start

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Jc Lionti

    Trustee Start

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Sylvia Lee

    Treasurer & Vice President of Finance

    Vice President, Finance & Treasurer Start → Vice President, Finance & Treasurer, 2023

    Vice President, Finance & Treasurer → Treasurer & Vice President of Finance, 2024

    On filings since 2021

    16 hrs/week

    $186K (2021) → $247K (2024)

  • Dana Stranz

    Vice President, Credit & Risk

    On filings since 2022

    16 hrs/week

    $168K (2022) → $225K (2024)

  • Erika Williams

    Vice President & Integrated Capital

    Vice President & Client Development → Vice President & Integrated Capital, 2023

    On filings since 2022

    16 hrs/week

    $207K (2022) → $126K (2024)

  • Jon Webb

    Senior Manager & Accounting

    Manager & Finance → Senior Manager - Fp & A, 2023

    Senior Manager - Fp & A → Senior Manager & Accounting, 2024

    On filings since 2022

    16 hrs/week

    $114K (2022) → $138K (2024)

  • Michael Jones

    Vice President & Lending Business Development

    On filings since 2022

    16 hrs/week

    $170K (2022) → $207K (2024)

  • Michelle Bruno

    Chief Operating Officer

    Vice President, Operations & Secretary → Chief Operating Officer, 2023

    On filings since 2022

    16 hrs/week

    $188K (2022) → $332K (2024)

  • Kathleen Paylor

    Vice President, Impact Investing & Philanthropy

    Vice President & Investor Relations → Vice President, Impact Investing & Philanthropy, 2024

    On filings since 2023

    16 hrs/week

    $63K (2023) → $240K (2024)

  • Amy Hersman

    Executive Assistant

    New on the 2024 filing

    16 hrs/week

    $117K (2024)

  • Lee Merkle-Raymond

    Board Co-Chair

    Trustee → Board Co-Chair Start, 2023

    Board Co-Chair Start → Board Co-Chair, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Elissa Sangalli

    Board Co-Chair

    Trustee → Board Co-Chair Start, 2023

    Board Co-Chair Start → Board Co-Chair, 2024

    On filings since 2021

    1 hr/week

    No compensation reported

Former officers (25)
  • Former: Ron Alston (2020–2023) — Chair
  • Former: Alicia Peman-Dupier (2022–2023) — Senior Relationship Manager Lending
  • Former: Ogechukwu Nwankwo (2023) — Assistant Manager - Credit
  • Former: April Hines (2020–2022) — CFO & Treasurer
  • Former: Jocelyn Romero Demirbag (2020–2022) — Trustee
  • Former: Jovial King (2020–2022) — Trustee
  • Former: Rachael Flug (2020–2022) — Trustee
  • Former: Scott Williams (2020–2022) — Trustee
  • Former: Mindy Christensen (2021–2022) — Vice President & Lending
  • Former: Ellen Pickrell (2022) — Senior Relationship Manager & Lending
  • Former: Melinda Larsen (2022) — Senior Director & Marketing
  • Former: Deborah Nelson (2020–2021) — Vice President, Client & Committee Eng
  • Former: Mark Finser (2020–2021) — Trustee
  • Former: Tim Green (2020–2021) — Secretary & General Counsel
  • Former: Carrie Stallings (2021) — Director & Info Systems
  • Former: Melinda Cheel (2021) — Senior Director & Marketing
  • Former: Donna Daniels (2020) — Vice President & Philanthropic Services
  • Former: John Bloom (2020) — Vice President & Organizational Culture
  • Former: Katrina Steffek (2020) — COO
  • Former: Kelley Buhles (2020) — Senior Director & Philanthropic Services
  • Former: Malinda Christensen (2020) — Vice President & Lending
  • Former: Neil Blomquist (2020) — Trustee
  • Former: Shu Dar Yao (2020) — Director & Investments
  • Former: Siegfried Finser (2020) — Trustee
  • Former: Vincent Siciliano (2020) — Trustee

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Jasper J Van Brakel — CEO/Trustee: $483KJasper J Van BrakelCEO/Trustee$483KMichelle Bruno — Chief Operating Officer: $332KMichelle BrunoChief Operating Officer$332KSylvia Lee — Treasurer and VP of Finance: $247KSylvia LeeTreasurer and VP of Finance$247KKathleen Paylor — VP, Impact Investing & Philanthropy: $240KKathleen PaylorVP, Impact Investing &…$240KDana Stranz — VP, Credit and Risk: $225KDana StranzVP, Credit and Risk$225KMichael Jones — VP, Lending Business Development: $207KMichael JonesVP, Lending Business Development$207KBen Gordon — Director, Credit: $145KBen GordonDirector, Credit$145KMichael Bart — Director, Loan & Investment Operations: $138KMichael BartDirector, Loan & Investment…$138KJon Webb — Senior Manager, Accounting: $138KJon WebbSenior Manager, Accounting$138KAmy Bird — Director, Lending: $129KAmy BirdDirector, Lending$129KErika Williams — VP, Integrated Capital Thru 2/2024: $126KErika WilliamsVP, Integrated Capital Thru…$126KAmy Hersman — Executive Assistant: $117KAmy HersmanExecutive Assistant$117K

The highest reported compensation on the 2024 filing was $483K, to Jasper J Van Brakel (CEO/Trustee). 12 officers or directors reported compensation on that filing.

Contact

Mailing address: PO Box 2007, San Francisco, CA 94126
Phone: (415) 561-3900
Website: https://rsfsocialfinance.org

Frequently asked questions about RSF Social Finance Inc

How much does RSF Social Finance Inc give each year?

RSF Social Finance Inc gave $48.2M across 457 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $33.1M across 427 grants.

What is RSF Social Finance Inc's typical grant size?

RSF Social Finance Inc's median grant in 2024 was $25,000, and its average grant was $105,452, across 457 grants on its 2024 IRS Form 990. Organizations receiving their first grant from RSF Social Finance Inc that year got $78K on average.

Where does RSF Social Finance Inc give grants?

RSF Social Finance Inc's top state is California, with 22% of the grant dollars itemized on its 2024 IRS Form 990. The next largest states were Maryland (12%) and New York (11%). The most frequent recipient cities were New York, NY (26 grants), San Francisco, CA (20 grants), Oakland, CA (16 grants) and Washington, DC (13 grants).

Does RSF Social Finance Inc give general operating support?

Yes: 100% of RSF Social Finance Inc's 2024 grants with a stated purpose (456 of 457) were for general or operating support, per its 2024 IRS Form 990.

Who are RSF Social Finance Inc's largest grantees?

RSF Social Finance Inc's largest 2024 grantees include Impactassets Inc ($5,520,632), National Black Food and Justice Alliance ($3,008,514) and Global Whole Being Fund ($2,650,000), according to its 2024 IRS Form 990. Together they received 23% of its itemized 2024 grant dollars.

How large is RSF Social Finance Inc?

RSF Social Finance Inc reported $108.4M in total assets on its 2024 IRS Form 990. Its revenue that year was $41.0M.

What does RSF Social Finance Inc fund?

RSF’s stated mission is to help create a world where all people can use their money to regenerate people, communities, and the planet. Its website identifies food and agriculture, climate and energy, education, and community impact as areas of work. See mission & focus areas ↑

How do I apply for a grant from RSF Social Finance Inc?

RSF Social Finance Inc has no public application process in the sources Grantable reviewed. Check rsfsocialfinance.org for current guidelines, or contact the foundation directly before submitting a request.

What is RSF Social Finance Inc's EIN?

RSF Social Finance Inc's EIN (Employer Identification Number) is 13-6082763. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.

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