Michigan · Public charity
Opportunity Resource Fund
Opportunity Resource Fund (OppFund) promotes affordable housing, small business ownership, single family mortgages, strong communities, and fosters social and economic justice by providing loans and development services throughout the state of Michigan. By making funds available to those denied access to traditional capital, OppFund is…
- $51k
- Granted FY2023
- 1
- Itemized grants FY2023
- 1
- Organizations funded FY2023
- 100%
- First-time grantees FY2023
- Itemized, FY2023
- $20k
- The rest is grants the schedule does not break out
- Median grant, FY2023
- $20,400
- Largest grant, FY2023
- $20,400
- Organizations funded a year
- 1 to 1
- FY2021 to FY2023
- States reached, FY2023
- 1
- Total assets, FY2023
- $31M
How open it is to new grantees
In FY2023, 100% of the organizations Opportunity Resource Fund funded were first-time grantees, receiving 100% of its grant dollars.
New vs renewed · share of each year
In FY2023, 0% of grant dollars renewed an existing relationship; $20k went to new ones.
How this is measured
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2023 | 1 | $20k | 100% |
| FY2022 | 1 | $38k | 0% |
| FY2021 | 1 | $60k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2021 to 2023.
Top grantees
Largest recipients by total granted, FY2021 to FY2023, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Coalition of Community Development Financial Institutions Inc | $97,665 | 2 | 15% |
| Wimage | $20,400 | 1 | n/a |
Warm introductions · Powered by PlinthPlus
How do I get to Opportunity Resource Fund?
Find your warmest path to Opportunity Resource Fund through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.
Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.
About Opportunity Resource Fund
- How much does Opportunity Resource Fund give?
- Opportunity Resource Fund reported 1 itemized grants totaling $20,400, out of $50,677 in total grant expense reported on the return in its FY2023 IRS filing. It funded between 1 and 1 organizations a year over FY2021 to FY2023.
- What does Opportunity Resource Fund fund?
- By grant dollars over FY2021 to FY2023, its largest causes are Community Improvement (83%), Arts & Culture (17%).
- Who are Opportunity Resource Fund's largest grantees?
- By total granted over FY2021 to FY2023: Coalition of Community Development Financial Institutions Inc ($98k), Wimage ($20k).
- Does Opportunity Resource Fund fund new organizations?
- In FY2023, 100% of the organizations it funded were first-time grantees.
- Where is Opportunity Resource Fund based?
- Opportunity Resource Fund is based in MI.
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