Williams & Russell CDC
The williams and russell development corporation's mission is to create an energetic community that supports the economic and community growth of black portlanders. Through the development of high-quality townhomes and apartments and an energetic business and community hub.
Williams & Russell CDC at a glance
In short: Williams & Russell CDC gave $7K across 1 grant in 2025 (avg $7K), mostly in Illinois. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $6,915
- Grants made (2025)
- 1
- Average grant
- $6,915
- Median grant
- $6,915
- Total assets
- $39,345,048
- +820.7% vs 2024
- Primary geography
- Illinois (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated November 2026.
Who Williams & Russell CDC funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Council on Tall Buildings and Urban Habitat ($7K).
Grant Size Distribution
1 grant across all recorded years
The most common grant size was under $50K: 1 grant of 1 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2025 it made 1 grant totaling $7K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Council on Tall Buildings and Urban Habitat Chicago, IL | Table Sponsorship | $6,915 |
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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 | $39,345,048 | $30,753,344 | $1,069,057 | $6,915 | 1 | $2,070,129 |
| 2024 | $4,273,341 | $3,628,806 | $1,831,396 | — | — | $1,439 |
| 2023 | $1,222,249 | $1,125,111 | $126,241 | — | — | $1 |
About Williams & Russell CDC
Based on IRS filings
Williams & Russell CDC is a public charity focused on Community Improvement & Capacity Building, based in Portland, OR. IRS filing data is available from 2023 through 2025. As of 2025, the organization holds $39.3M in total assets. In 2025, it awarded 1 grant totaling $7K. Net investment income was $2.1M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Williams & Russell CDC is led by Azalea Renfield, Executive Director on every filing since 2024; 1 of 9 officers listed in 2025 is compensated.
Officers on the 2025 filing
Azalea Renfield
Executive Director
On filings since 2024
100 hrs/week
$137K (2024) → $175K (2025)
Jt Flowers
Chair
Director → President, 2024
President → Chair, 2025
On filings since 2023
10 hrs/week
No compensation reported
Anthony Deloney
Director
On filings since 2023
10 hrs/week
No compensation reported
Dana Shepard
Director
On filings since 2023
10 hrs/week
No compensation reported
Ebony Amato
Director
On filings since 2023
10 hrs/week
No compensation reported
James Faison
Director
On filings since 2023
10 hrs/week
No compensation reported
Justice Rajee
Secretary
On filings since 2023
10 hrs/week
No compensation reported
Karis Stoudmire Phillips
Vice Chair
Director → Vice Chair, 2025
On filings since 2023
10 hrs/week
No compensation reported
Tai Dunson-Strain
Treasurer
Vice President → Director, 2024
Director → Treasurer, 2025
On filings since 2023
10 hrs/week
No compensation reported
Former officers (2)
- Former: Bryan Davis (2023–2024) — President
- Former: Joy Alise Davis (2023) — Director
Data from IRS Form 990 filings, 2023–2025. "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 $175K, to Azalea Renfield (Executive Director).
Frequently asked questions about Williams & Russell CDC
How much does Williams & Russell CDC give each year?
Williams & Russell CDC gave $7K across 1 grant in 2025, according to its 2025 IRS Form 990.
How large is Williams & Russell CDC?
Williams & Russell CDC reported $39.3M in total assets on its 2025 IRS Form 990. Its revenue that year was $30.8M.
What is Williams & Russell CDC?
Williams & Russell CDC is a public charity focused on Community Improvement & Capacity Building, based in Portland, OR. It holds $39.3M in total assets as of 2025.
Where does Williams & Russell CDC operate?
Williams & Russell CDC has awarded grants in Illinois.
What is Williams & Russell CDC's EIN?
Williams & Russell CDC's EIN (Employer Identification Number) is 86-3566788. IRS Form 990 filing data is available on this page for 2023–2025.
Data last updated November 2026. Sourced from IRS Form 990 filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2025 (received by the IRS September 1, 2026)
Live grants for the work Williams & Russell CDC funds
Community Improvement & Capacity Building Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Williams & Russell CDC's focus areas in our free grants database
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