Neighborhood Funders Group
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Neighborhood Funders Group (NFG) is a network of national and local grantmakers throughout the U.S. Our mission is to organize philanthropy to support grassroots power building so that communities of color and low-income communities thrive. We bring together funders to learn, connect, and mobilize resources with an intersectional and place-based focus.
- Income
- $17.3 million
- Spending
- $17.5 million
- Spent on programs
- 89%
- Reserves
- 6.2 months of spending
- Largest source of income
- donations and private grants, 97%
- Employees
- 33
- Volunteers
- 17
- Highest pay
- $226,154, interim president
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 81 out of 100.
Reserves
28 of 35Spendable reserves would cover 6.2 months of spending.
Debt
20 of 20It owes 2% of what it owns.
Living within its means
8 of 15Spending exceeded income by 1% of income.
Income trend
10 of 15Income fell 9% on the year before.
Spending floor
15 of 1589% of spending went to programs and raising each dollar of donations cost 2 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100.
Independent board
25 of 2517 of 17 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $8.4 million spent. NFG is the fiscal sponsor of the LIFT Fund. The LIFT Fund connects labor unions and philanthropy to coordinate resources, strategies and funding that support worker organizing and power building.
- $5.5 million spent. The Amplify Fund is a funder collaborative that supports BIPOC and low-income communities to build power and to influence decisions about the places they live and work. Together with our funding partners, Amplify leads a place-based strategy and collaborates directly with movement leaders in each place (California, Missouri, Nevada, North Carolina, Pennsylvania, Puerto Rico, South Carolina, and Tennessee) to make grantmaking decisions.
- $538,844 spent. Integrated Rural Strategies Group (IRSG) elevates the importance of philanthropic support for organizing and power-building work with a racial justice lens in rural areas.
- $1.3 million spent. Across all of NFG's programs, we focus on lifting up community voices and place-based strategies. Our work in place builds and strengthens relationships between national grantmakers, local and regional funders, and community organizations for our long-term outcome: philanthropic assets are liberated so that BIPOC communities and low-income communities have power to self-determine.NFG's National Convenings are currently designed for staff and board members at foundations and grantmaking organizations whose primary activity is funding racial, gender, economic, disability, and climate justice.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 1993.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.