CULTURAL HERITAGE FINANCE ALLIANCE INC

CULTURAL HERITAGE FINANCE ALLIANCE INC

New York, NY, US
501(c)3
EIN
83-4438628

CULTURAL HERITAGE FINANCE ALLIANCE INC

New York, NY, US
501(c)3
EIN
83-4438628

Overview

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Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
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Cultural Heritage Finance Alliance Inc (EIN: 83-4438628) is a nonprofit organization dedicated to promoting heritage-led regeneration through innovative financing solutions that stimulate local economies and strengthen communities. With an operating budget of $266.5K and total revenue of $769.6K for the filing year 2024, CHIFA aims to build a global marketplace focused on capital investment in historic places, emphasizing the importance of preserving cultural heritage amid global challenges. The organization does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission. More information can be found on their website at www.heritagefinance.org.

Mission Statement

THE CULTURAL HERITAGE FINANCE ALLIANCE (CHIFA) PROMOTES HERITAGE-LED REGENERATION THROUGH COLLABORATIVE AND INNOVATIVE FINANCING SOLUTIONS. CHIFA AIMS TO BUILD A GLOBAL MARKETPLACE AND A SUPPORTIVE ECOSYSTEM OF EXPERTISE AND CIVIC INTERESTS PREMISED ON OPPORTUNITIES FOR CAPITAL INVESTMENT IN HISTORIC PLACES. HERITAGE-LED REGENERATION STIMULATES LOCAL ECONOMIES AND STRENGTHENS COMMUNITIES. AT A TIME WHEN ACCELERATING CLIMATE CHANGE, CATASTROPHIC NATURAL DISASTERS, SUSTAINED CONFLICTS AND A GLOBAL HEALTH PANDEMIC ARE RAPIDLY CHANGING THE WORLD AS WE KNOW IT, HISTORIC ENVIRONMENTS PROVIDE CULTURAL GROUNDING, REINFORCE WELL-BEING, AND FOSTER A SENSE OF COMMON HUMANITY AND COLLECTIVE IDENTITY. IT IS IMPORTANT FOR HERITAGE PLACES TO SURVIVE AND PROSPER AND IT IS WITHIN OUR COLLECTIVE ABILITY TO SEE THAT THEY DO. CHIFA MAKES THE CASE THAT HISTORIC PLACES ARE UNIQUE ASSETS THAT EMBODY MANY OF THE VALUES THAT SUSTAINABLE DEVELOPMENT SEEKS TO CAPTURE.
Revenues

$769.6K

Expenses

$266.5K

Net Income:
+$503.1K
Assets

$649.6K

Liabilities

$114.8K

Net Assets:
+$534.8K
Operating Budget

$266.5K

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

4

Median grant size
$16.3K
Largest grant received
$400K
B
Bonnie Burnham
Board Member
L
Laurie Beckelman
Board Member
K
Keith Wright
Board Member

Frequently Asked Questions

What is CULTURAL HERITAGE FINANCE ALLIANCE INC’s budget?
In 2024, CULTURAL HERITAGE FINANCE ALLIANCE INC reported an annual operating budget of around $267 thousand. More detailed financial information is available to registered users.
What causes does CULTURAL HERITAGE FINANCE ALLIANCE INC support?
CULTURAL HERITAGE FINANCE ALLIANCE INC supports work in Historical activities.
Where does CULTURAL HERITAGE FINANCE ALLIANCE INC operate?
CULTURAL HERITAGE FINANCE ALLIANCE INC is headquartered in New York, NY.
Who funded CULTURAL HERITAGE FINANCE ALLIANCE INC recently?
In 2025, CULTURAL HERITAGE FINANCE ALLIANCE INC received grants from NORTHERN PIEDMONT COMMUNITY FOUNDATION, THE ANDREW W MELLON FOUNDATION, and NATIONAL PHILANTHROPIC TRUST. More information on this organization’s funders is available to registered users.
What is the largest grant CULTURAL HERITAGE FINANCE ALLIANCE INC received in 2024?
The largest grant to CULTURAL HERITAGE FINANCE ALLIANCE INC in 2024 exceeds $400 thousand.
Overview
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