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Opportunity Finance Network

Philadelphia, Pennsylvania

Opportunity Finance Network was awarded $30,260,000 between 1992 and 2016, including 11 grants in Impact Investments and Policy Research.


2016 • 1 year, 5 months • Impact Investments

Opportunity Finance Network  is the national network of Community Development Financial Institutions (CDFIs) investing in low-income, low-wealth, and other disinvested communities in the U.S. Its members include community development banks, credit unions, loan funds, and venture capital funds operating in urban, rural, and Native communities. These organizations also spur economic growth and job creation and build stronger and healthier individuals, families, and neighborhoods. Each year, the Opportunity Finance Network presents the NEXT Awards, a competitive program created in 2007, to increase the number of high-impact, top-performing CDFIs. The Foundation has supported this effort since inception providing a $30 million PRI. As part of the tenth anniversary of the NEXT Awards, OFN is creating two videos that highlight the impact and innovation of 13 CDFIs supported through this groundbreaking program. They also describe ways in which investing in CDFIs allows for social impact with a financial return.


2008 • 1 year

In support of the project, The NEXT American Opportunity: Good Policies for a Great America.


2007 • 14 years, 10 months • Impact Investments

Program-Related Investment in support of major funding for ten premier Community Development Financial Institutions that will be selected over the next five years through a new national program conducted in partnership with Wachovia Bank.


2004 • 3 years • Policy Research

In support of general operations (over three years).


2003 • 1 year • Policy Research

In support of the Community Development Financial Institutions Data Project.


2002 • 2 years • Impact Investments

In support of general operations (over two years).


1999 • 2 years

In support of general operations (over two years).


1997 • 1 year

To increase the capacity of the community development financial intermediary industry.


1996 • 10 years • Impact Investments

Program-related investment for programs to provide community development loan funds to economically disadvantaged communities.


1996 • 1 year

To support an annual training program for members.

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