The Disability Fund Inc, also known as the Disability Opportunity Fund (DOF), is a nationally certified Community Development Financial Institution (CDFI) and 501(c)(3) public charity based in Rockville Centre, New York. Founded in April 2007, the organization operates nationally to address the financial needs of people with disabilities and organizations serving this population. As the first and only CDFI in the United States focused specifically on providing access to financing for the development of affordable housing and related services for people with disabilities, DOF fills a critical gap in an underserved market.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$70.6M
-1.5% YoY
Annual Giving
$1.8M
-6.6% YoY
Grant Count
33
-5.7% YoY
Avg Grant Size
$55K
-0.9% YoY
Mission & Focus Areas
The mission of the Disability Opportunity Fund is to provide financial products, technical assistance, equity investment, and financial advisory services that improve the quality of life and build personal wealth for people with disabilities and their families, while supporting organizations serving this population.
The organization's vision is to create a society where financing is readily available to address the gap in housing and related services for people with disabilities and their families.
Primary focus areas include:
- Affordable Housing for people with disabilities
- Education and schools serving people with disabilities
- Vocational Training and employment services
- Community Centers and related services
Grantmaking
The Disability Opportunity Fund provides financing through multiple mechanisms:
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Geographic Focus
Where this funder awards grants
The Disability Opportunity Fund operates nationally throughout the United States, with particular focus on:
- New York
- West Virginia
- California
The organization has expanded its impact to over 35 states.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total Assets: $70,573,996
- Total Revenue: $8,314,371
- Total Expenses: $5,849,203
- Total Liabilities: $53,000,000
- Total Giving: $1,907,073
The organization has completed 17 consecutive full years of operations without a loss.
Staffing: 1 employee (as of 2024)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $70,573,996 | $71,678,926 | $63,283,408 |
| Revenue | $8,314,371 | $8,141,002 | $4,939,746 |
| Expenses | $5,849,203 | $6,453,138 | $5,448,918 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,003,356 | $67,949 | $99,358 |
| 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
160 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Schoolhouse Hotel ($1,000,000), Dif Management ($80,000), Floreo ($70,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ABBY DOVER, DE | SUPPORT WHEELCHAIR COMPANY | $25,000 |
| AKIM WEST ORANGE, NJ | SUPPORT EMPLOYMENT OF PEOPLE WITH DISABILITIES | $18,000 |
| ALLEGRO FOUNDATION CHARLOTTE, NC | SUPPORT EDUCATION FOR CHILDREN WITH DISABILITIES | $10,000 |
| AMERICAN HEART ASSOCIATION MELVILLE, NY | MEDICAL RESEARCH | $10,000 |
| ANGEL BUTTONS MELROSE, MA | SUPPORT EMPLOYMENT OF PEOPLE WITH DISABILITIES | $25,000 |
| CHABAD OF BROOMFIELD CO BROOMFIELD, CO | SUPPORT SOCIALIZATION FOR PEOPLE WITH DISABILITIES | $25,000 |
| DIF MANAGEMENT ROCKVILLE CENTRE, NY | ECONOMIC DEVELOPMENT AND EMPLOYMENT OF PEOPLE WITH DISABILITIES | $80,000 |
| FAISON CENTER RICHMOND, VA | SUPPORT HOUSING FOR PEOPLE WITH DISABILITIES | $25,000 |
| FLOREO WASHINGTON, DC | AUTISM EDUCATION RESEARCH | $70,000 |
| FOUNDATION COMMUNITIES (ZILKER) AUSTIN, TX | SUPPORT HOUSING FOR PEOPLE WITH DISABILITIES | $10,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Charles D Hammerman serves as the Principal Officer and Sole Member of the organization.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LARUE GIBSON | CHAIR | 1 | — |
| LUIS DONOSO | VICE CHAIR | 1 | — |
| JUSTIN MANASTER | ASSISTANT SECRETARY | 1 | — |
| CINNAMON CHAMBERS LEWIS | SECRETARY | 1 | — |
| DIANA TUROFF | TREASURER | 1 | — |
| JAZMINE DA COSTA | BOARD MEMBER | 1 | — |
| DAVID SWEENY | BOARD MEMBER | 1 | — |
| D EDWARD GREENE | BOARD MEMBER | 1 | — |
| CARL JENKINS | BOARD MEMBER | 1 | — |
| ISAAC WELLS | BOARD MEMBER | 1 | — |
| ANNE C FLANNERY | BOARD MEMBER | 1 | — |
| PETER SCHAEFFING | BOARD MEMBER | 1 | — |
| CHARLES D HAMMERMAN | PRESIDENT & CEO | 40 | $537,055 |
Recent News & Activity
Recent developments and announcements
The organization reported conflict of interest transactions in its December 2024 tax filing. The Disability Opportunity Fund received a $750,000 senior unsecured debt investment from The Rockefeller Foundation to help grow the fund's balance sheet and increase its lending to organizations serving people with disabilities.
The Disability Inclusion Fund Moves Over $4.75 Million to Disabled-Led OrganizationsSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Disability Fund Inc fund?
The mission of the Disability Opportunity Fund is to provide financial products, technical assistance, equity investment, and financial advisory services that improve the quality of life and build personal wealth for people with disabilities and their families, while supporting organizations serving this population. The organization's vision is to create a society where financing is readily available to address the gap in housing and related services for people with disabilities and their famil…
How do I apply for a grant from The Disability Fund Inc?
The Disability Opportunity Fund provides financing through multiple mechanisms: • **Co-lending, direct lending, bridge and term loans** • **Gap, predevelopment, acquisition, and rehabilitation financing** • **Sophisticated, customized advisory services** Recent grants made include: • Trillium Collective: $45,000 for Education Children With Autism (2024) • WSS Stride: $30,000 for Rural Economic Development and Employment of People With Disabilities (2024) Typical award ranges are $5,000–$1,000,0…
Where does The Disability Fund Inc make grants?
The Disability Opportunity Fund operates nationally throughout the United States, with particular focus on: • New York • West Virginia • California The organization has expanded its impact to over 35 states.
What size grants does The Disability Fund Inc award?
In 2024, The Disability Fund Inc awarded 33 grants totaling $1.8M — an average of about $55K per grant, based on its IRS Form 990 filings.
What is The Disability Fund Inc's EIN?
The Disability Fund Inc's EIN (Employer Identification Number) is 26-0283588. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Disability Fund Inc's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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