RAZA DEVELOPMENT FUND INC
AI Summary
RAZA Development Fund Inc. (EIN: 52-1954196) is a community development financial institution dedicated to fostering lasting prosperity in communities across America through its focus on education, entrepreneurship, and health. Since its inception in 1999, RDF has invested over $1.6 billion in 38 states, leveraging more than $7 billion in additional capital to provide responsible financial solutions to community-based organizations. With an operating budget of $22.4 million and total revenue of $25.7 million for the 2024 filing year, RDF does not rely on a single funder for 50% or more of its revenue. For more information, visit www.razafund.org.
Mission Statement
RDF IS A MISSION DRIVEN COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) DEDICATED TO UNLOCKING LASTING PROSPERITY IN COMMUNITIES ACROSS AMERICA. SINCE ITS FOUNDING IN 1999, RDF HAS PROVIDED RESPONSIBLE, ATTAINABLE FINANCIAL SOLUTIONS TO COMMUNITY-BASED ORGANIZATIONS WORKING IN HEALTH, EDUCATION, AFFORDABLE HOUSING, HOMEOWNERSHIP, ENTREPRENEURSHIP, AND COMMUNITY RESILIENCE. RDF IS ONE OF THE FEW CDFIS TO HOLD A PRESTIGIOUS AA- RATING FROM S&P, A REFLECTION OF ITS EXCEPTIONAL FINANCIAL STRENGTH AND IMPACT. TO DATE, RDF HAS INVESTED MORE THAN $1.6 BILLION ACROSS 38 STATES, LEVERAGING OVER $7 BILLION IN ADDITIONAL CAPITAL.
Cause Areas
3
Education
Health
Entrepreneurship
Explore this org's ecosystem
See similar nonprofits by cause and location, their funders, and their grants.
Explore this org's ecosystem
See similar nonprofits by cause and location, their funders, and their grants.
Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
Frequently Asked Questions
What is RAZA DEVELOPMENT FUND INC’s budget?
In 2024, RAZA DEVELOPMENT FUND INC reported an annual operating budget of around $22.4 million. More detailed financial information is available to registered users.
What causes does RAZA DEVELOPMENT FUND INC support?
RAZA DEVELOPMENT FUND INC supports work in Education, Health, and Entrepreneurship.
Where does RAZA DEVELOPMENT FUND INC operate?
RAZA DEVELOPMENT FUND INC is headquartered in Phoenix, AZ.
Who funded RAZA DEVELOPMENT FUND INC recently?
In 2025, RAZA DEVELOPMENT FUND INC received grants from Virginia G Piper Charitable Trust, GREAT RIVERS COMMUNITY TRUST, and CAPITAL ONE FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant RAZA DEVELOPMENT FUND INC received in 2024?
The largest grant to RAZA DEVELOPMENT FUND INC in 2024 exceeds $159 thousand.
What is RAZA DEVELOPMENT FUND INC’s reliance on government grants?
RAZA DEVELOPMENT FUND INC relied on government grants for less than 5% of their total revenue in 2024.