Logo for "THE CAPITAL GOOD FUND"

THE CAPITAL GOOD FUND

THE CAPITAL GOOD FUND

Providence, RI, US
501(c)3
EIN
80-0348382
Logo for "THE CAPITAL GOOD FUND"

THE CAPITAL GOOD FUND

Providence, RI, US
501(c)3
EIN
80-0348382

Overview

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Est.

2009

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Capital Good Fund is a U.S. Treasury certified community development foundation dedicated to addressing the root causes of poverty and environmental injustice through innovative personal loans and financial coaching. With an operating budget of $8.3 million and total revenue of $9.6 million for the filing year 2024, the organization works to create pathways out of poverty and advance a green economy through inclusive financial services. The organization does not rely on a single funder for 50% or more of its revenue. For more information, visit www.capitalgoodfund.org.

Mission Statement

THE CAPITAL GOOD FUND IS A U.S. TREASURY CERTIFIED COMMUNITY DEVELOPMENT FOUNDATION THAT TARGETS ROOT CAUSES OF POVERTY AND ENVIRONMENTAL INJUSTICE THROUGH INNOVATIVE PERSONAL LOANS AND FINANCIAL COACHING. ITS MISSION IS TO CREATE PATHWAYS OUT OF POVERTY AND ADVANCE A GREEN ECONOMY THROUGH INCLUSIVE FINANCIAL SERVICES.
Revenues

$9.6M

Expenses

$8.3M

Net Income:
+$1.3M
Assets

$32.6M

Liabilities

$29.1M

Net Assets:
+$3.5M
Operating Budget

$8.3M

Operating Budget by Year

Due Diligence

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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
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Total No. of Grants

20

Median grant size
$175K
Largest grant received
$2.3M
A
Arthur S Gabinet
Board Member
E
Elina Magaly Santana Esq
Board Member
R
Rahul Gupta
Board Member

Frequently Asked Questions

What is THE CAPITAL GOOD FUND’s budget?
In 2024, THE CAPITAL GOOD FUND reported an annual operating budget of around $8.3 million. More detailed financial information is available to registered users.
What causes does THE CAPITAL GOOD FUND support?
THE CAPITAL GOOD FUND supports work in Community improvement.
Where does THE CAPITAL GOOD FUND operate?
THE CAPITAL GOOD FUND is headquartered in Providence, RI.
Who funded THE CAPITAL GOOD FUND recently?
In 2024, THE CAPITAL GOOD FUND received grants from SOCIAL CAPITAL FUND, Amalgamated Charitable Foundation Inc, and WINDWARD FUND. More information on this organization’s funders is available to registered users.
What is the largest grant THE CAPITAL GOOD FUND received in 2024?
The largest grant to THE CAPITAL GOOD FUND in 2024 exceeds $2.3 million.
Overview
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