The Reinvestment Fund Inc
The Reinvestment Fund is a mission-driven nonprofit financial institution based in Philadelphia, Pennsylvania, established in 1985. Operating as a 501(c)(3) public charity, the organization functions as a national financial institution that brings capital, analytical tools, and expertise to partnerships working to ensure equitable access to essential opportunities for underserved communities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$698.4M
+4.3% YoY
Annual Giving
$10.1M
-30.6% YoY
Grant Count
170
+6.9% YoY
Avg Grant Size
$59K
-35.1% YoY
Mission & Focus Areas
Mission: The Reinvestment Fund creates opportunity for underserved people and places through partnerships. It marshals the capital, analytics, and expertise necessary to build strong, healthy, and more equitable communities.
Primary Focus Areas:
Lending: The organization's core function, financing homes, schools, healthy food retail, healthcare facilities, and other projects benefiting low-wealth people and places. In 2024, the organization lent $248 million across 20 states, which constructed, rehabilitated, or preserved 3,061 homes, 4 healthcare facilities, 6 food retail and supply chain projects, 12 community facilities, 2 K-12 schools, and 1 university.
Capacity Building & Capital Access: Uses grants and technical assistance to make access to capital more equitable for low-wealth individuals and communities, particularly in early childhood education, food, and social determinants of health.
Policy Solutions & Research: Conducts rigorous research and builds analytic tools to support strategic decision-making by government, philanthropic, nonprofit, and civic leaders. The team develops quantitative, spatial, and qualitative data analyses to understand communities, markets, and impediments to opportunity.
Key Analytical Tools Developed:
- Market Value Analysis (MVA) for housing opportunities
- Early Learning Access Analytics (ELA) for high-quality childcare access
- Limited Supermarket Access Analysis (LSA) for healthy food access
Grantmaking
Ready to take the next step with The Reinvestment Fund Inc?
Geographic Focus
Where this funder awards grants
The organization operates nationally across 20 states, with particular activity in Pennsylvania, the District of Columbia, and New Jersey. Recent initiatives have included work in Florida, Georgia (metro Atlanta), and the Southeastern United States.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total assets: $698,442,334
- Total revenues: $56,470,670
- Total expenses: $49,646,075
- Number of employees: 119
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $698,442,334 | $669,610,468 | $609,720,317 |
| Revenue | $56,470,670 | $78,044,764 | $54,478,225 |
| Expenses | $49,646,075 | $51,306,065 | $40,371,633 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $4,894,249 | $2,527,001 | $-2,420,870 |
| 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
250 grants across all recorded years
Open Grants
4 open opportunities from The Reinvestment Fund Inc
America’s Healthy Food Financing Initiative: Partnerships Program
THE REINVESTMENT FUND INC
Amount
Varies
Deadline
Rolling / Open
Food Access and Retail Expansion (FARE) Fund Grant
THE REINVESTMENT FUND INC
Amount
Varies
Deadline
Rolling / Open
Philadelphia Food Justice Initiative Grant
THE REINVESTMENT FUND INC
Amount
Varies
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
President & CEO: Donald Hinkle-Brown
Fundraising Contact: Emma Garcia, Manager
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CYNTHIA FIGUEROA | BOARD MEMBER | 1.5 | — |
| DANIEL HAYES | BOARD MEMBER | 2 | — |
| DUDLEY BENOIT | BOARD MEMBER, FINANCE COMM | 2 | — |
| LISA DETWILER | BOARD MEMBER, AUDIT COMMITTEE CHAIR | 2 | — |
| IVY DENCH-CARTER | BOARD MEMBER | 1.5 | — |
| KATHERINE O'REGAN | BOARD MEMBER, POLICY ADVISORY CHAIR | 1.5 | — |
| MARLAND BUCKNER | BOARD MEMBER | 2 | — |
| MELISSA WEILER GERBER | BOARD MEMBER | 1.5 | — |
| MICHAEL DAVIS | BOARD MEMBER, GOVERNANCE C | 2 | — |
| PHYLLIS CATER | BOARD MEMBER, COMMUNITY ADVISORY CHAIR | 1.5 | — |
| RAQUEL FAVELA | BOARD MEMBER | 1.5 | — |
| RAYMOND SKINNER | BOARD MEMBER, LOAN COMMITT | 2.5 | — |
| SANDEEP WADHWA | BOARD MEMBER | 1.5 | — |
| SAUL BEHAR | BOARD CHAIR, COMPENSATION | 3 | — |
| VICKI LUNDY-WILBON | BOARD MEMBER | 1.5 | — |
| WENDELL PRITCHETT | BOARD MEMBER | 1.5 | — |
| AMANDA HIGH | OUTGOING-CSO | 37.5 | $289,478 |
| CHEILA FERNANDEZ | COO & CORPORATE SECRETARY | 37.5 | $489,732 |
| CHRISTINA SZCZEPANSKI | PRESIDENT, LENDING & INVES | 37.5 | $342,060 |
| DONALD HINKLE-BROWN | PRESIDENT & CEO | 37.5 | $648,910 |
| KAREEM THOMAS | CHIEF CREDIT OFFICER | 37.5 | $391,195 |
| RHONDA SMITH | ASSISTANT CORPORATE SECRET | 37.5 | $107,052 |
| TIFFANY CANADY | CHIEF FINANCIAL OFFICER | 37.5 | $270,794 |
| EMILY DOWDALL | PRESIDENT, POLICY SOLUTION | 37.5 | $240,877 |
| SARA VERNON STERMAN | CHIEF PROGRAMS OFFICER | 37.5 | $286,667 |
| TIFFANY PATTERSON | CC & MISSION OFFICER | 37.5 | $278,569 |
| CHARLES LICHTENWALNER | MD, INFORMATION TECHNOLOGY | 37.5 | $220,366 |
| IRA GOLDSTEIN | SENIOR ADVISOR, POLICY SOL | 37.5 | $290,981 |
| ROBERT COX | MD, COMMUNITY LENDING | 37.5 | $271,252 |
| TROY SPENCE | MD, RISK AND COMPLIANCE | 37.5 | $230,606 |
| TRACY MURRAY MOORE | CHIEF HUMAN RESOURCES OFFI | 37.5 | $269,261 |
Recent News & Activity
Recent developments and announcements
**New Markets Tax Credit Awards:** The organization received $50 million and $60 million in separate New Markets Tax Credit (NMTC) allocations to drive equity and revitalize underserved communities nationwide. Notable investments include financing a campus in Florida providing services to families experiencing homelessness and a revitalizing investment in Wilberforce University (an HBCU).
Reinvestment Fund Receives $50 Million New Markets Tax Credit Award to Drive**Early Childhood Education Expansion:** Launched the $1.2 million Rising Futures Expansion Fund to increase early childhood education access across metro Atlanta.
Reinvestment Fund Awards $5.8 Million in Grants to Boost Healthy Food Access**Charter School Facilities:** Announced initiatives focused on expanding access to charter school facilities and building stability at the start of children's educational journeys.
**Research Publications:** Released research on estimating changes in the supply of and demand for child care in Philadelphia and published an op-ed on strengthening HBCU impact.
**Leadership Transition:** Announced CEO transition and succession planning.
**Community-Based Solar:** Established partnerships with experienced developers of community-based solar projects across the country.
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with The Reinvestment Fund Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities