PHILANTHROPIC CAPACITY-BUILDING RESOURCES
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Report Title: Intermediary Profile Report
Report Date:

Organization:
 

Opportunity Finance Network

Program ID Number: I-7

Date Profile Created:
 


December 1, 2005

Date Profile
Last Updated:
March 20, 2009


Program Summary:
The Opportunity Finance Network (formerly National Community Capital Association), a network of more than 170 private-sector community development financial institutions (CDFIs), provides financing, training, consulting, and advocacy for CDFIs. Active in all 50 states, the network invests in small businesses, quality affordable housing, and vital community services that benefit economically disadvantaged people and communities. Opportunity Finance Network's mission is to lead the community development finance system to scale through capital formation, policy and capacity development.

Opportunity Finance Network provides loans and investments to CDFIs to increase their capitalization and impact. Opportunity Finance Network also provides monitoring and underwriting services to CDFI investors. A central strategy in OFN's effort to increase the volume of CDFI financing for low-income communities is the CDFI Assessment and Ratings System (CARSTM). CARSTM is a comprehensive, third party analysis of non-depository community development financial institutions that aids investors and donors in their investment decision making while strengthening the performance of CDFIs and providing the transparency investors demand.

Opportunity Finance Network provides a variety of knowledge sharing services. Opportunity Finance Network is a resource for assistance with strategic analysis and strategic planning, mergers and acquisitions, branding and marketing, and market research. Services include paid consulting assistance, an annual national conference for the opportunity finance practitioners, regional events, and publications. Opportunity Finance Network is also the fiscal agent for the CDFI Data Project, an industry collaborative that ensures access to and use of data to improve practice and attract resources to the CDFI field. The CDFI Data Project convenes leading organizations in the CDFI industry.

Opportunity Finance Network also provides advocacy on behalf of the CDFI industry.

Contact Name:

Mark Pinsky

Title:

President and CEO

Phone:

(215) 320-4310

Fax:

(215) 923-4755

E-mail Address:

mpinsky@opportunityfinance.net

URL:

www.opportunityfinance.net

Address:

620 Chestnut Street, Suite 572
Philadelphia, PA 19106


Date Program Began:

1984

Total Funds Awarded for Most Recent Fiscal Year:

$5,300,610

Date Program Scheduled to End:


N/A

Total Capacity-Building Operating Expenses for Most Recent
Fiscal Year:


$543,152


How Program is Operated:

Run internally by the intermediary
Delivered by another organization that the intermediary funds


Number Staff/Consultants:

26/109

Background Materials Available:

Yes


Geographic Areas Served:

National:

Yes

International:

No

 

  Selected States:

N/A

  Geographic Details:

N/A


Types of Capacity-Building Assistance Offered to Nonprofits:

1. Grants:

2. Direct Service:

3. Direct Financial Support:

Categorical
Part of Larger Grant

Assessment of Service Needs
Coaching/Training for Individual Nonprofits
Convening
Education/Training for Groups of Nonprofits
Information and Referral
Infrastructure for Peer Networking
Participation in Community Capacity-Building Initiative
Website with Capacity-Building Assistance

Loans


Grants Offered to Capacity-Building Service
Providers and Intermediaries:

  Support for Services to Nonprofits:

Yes

  General Support:

Yes

Grants Offered to Support Overall Capacity-Building Infrastructure:

National


Areas of Nonprofit Operations Supported:

How Funding/Service Decisions Are Made:

Administration + Finance
Communication (Internal/External)
Evaluation
Facilities Management
Fund Development
Governance (Board/Executive)
Human Resources
Information/Technology Support
Legal/Risk Management
Planning
Staff Development/Training

Application by Potential Recipient – Intermediary Selection
Pro-active Identification of Applicants by Intermediary


Collaborating Organizations: N/A

Capacity-Building Work Evaluated:

Yes

Evaluation Results Available:

Yes

Frequency of Evaluation:

Ongoing

Type of Evaluation:

N/A

Summary of Evaluation Lessons Learned:
N/A

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