Virginia · Nonprofit
CAPITAL IMPACT PARTNERS
CAPITAL IMPACT PARTNERS (Virginia) receives grants from 28 organizations whose IRS filings report $96,528,597 to it, the largest being The Chicago Community Trust ($60,000,000). 15 of them have funded it in more than one year, and 63% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $76M
- Funders on record
- 28
- Grants received
- $97M
- Net assets
- $170M
What Capital Impact Partners does
Mission
Through capital and commitment, Capital Impact Partners helps build (please go to schedule o) inclusive and equitable communities by providing people access to the capital and opportunities they deserve.
As stated on its FY2025 Form 990.
Programs
General loan program:Capital Impact Partners provides loans and financial services to small business owners, developers, and other local leaders who are the engines of job creation and economic activity in underfunded communities across the country. When these leaders have the opportunity to succeed, their communities, their residents and our country thrive.
$38,516,907 spentof which $1,622 as grants$14,451,782 earned by the program55% of program spendingEdiedi combines capital impact partner's role as a provider of catalytic capital and its development expertise into a program that supports underfunded local developers with formalized technical assistance and development financing. The program aims to build the skills of emerging developers and strengthen their business. As of year end 2025, the program has served over 330 developers from the dmv, detroit atlanta, cleveland, chicago, dallas,,austin, and the san francisco bay area .
$31,196,732 spentof which $1,663,000 as grants45% of program spendingHousing accelerator fellowship: in 2021, cip received $5.2 million from amazon to launch the housing accelerator fellowship (haf). The housing accelerator fellowship is part of amazon's $2 billion housing fund, and its focus is to support developers and to create affordable housing across its hometown communities including the washington d.c. Metro area (dmv), nashville, and seattle. The fellowship will run for two years, with developers meeting monthly to engage in a rich learning series with access to professional advisors in the real estate and housing field. The fellowship supports developers with a pipeline of completed and developing projects in the region. In 2024, the 15 inaugural participants of this program graduated, receiving over $4 million in project-level and capacity building grants. In 2024, Capital Impact Partners received an additional $5.5 million grant from amazon in 2023 and 2025 to launch the second and third cohorts of the fellowship. The investment also provided continued capacity-building support for program alumni.
$509,443 spent1% of program spendingGrowing housing developers program:acting as the lead cdfi, Capital Impact Partners, along with the lowincome investment fund and reinvestment fund, was awarded $30 million by wells fargo in 2021 as part of their growing housing developers initiative. The program kicked off in may of 2022, with the goal to increase the supply of homes that are affordable and to support the sustained growth and financial independence of experienced but underfunded affordable housing development firms, community-centric but underfunded development firms. Over the course of the 4 year program, 27 participants from 6 core geographies (ny, nj/pa, dmv, ga,tx, & ca), receive monthly learning sessions, access to advisors, flexible capital, and increased access to industry connections and resources. These program supports are designed to help experienced development firms grow their capacity and expand their affordable housing production into the future. To date, the program has deployed $15 million in enterprise-level grants, and the cdfi partners have collectively closed more than $125 million in project financing to participants.
$25,692 spentof which $488,889 as grants0% of program spendingAffordable housingCapital Impact Partners bridges the gap between policy and development to improve the lives of communities and individuals across the country. Capital Impact Partners' efforts in affordable housing focus primarily on supporting multifamily developments in markets where affordable housing has been identified as a need. In 2025, Capital Impact Partners disbursed approximately $34 million to aid in the renovation or new construction of 4 communities, consisting of 941 housing units, 54% of which are affordable.
$-54,440 spentof which $2,859,461 as grants$17,202,894 earned by the program0% of program spendingHealthcare:Capital Impact Partners has created innovative solutions to successfully preserve affordable health care for low income communities across the country. Dedicated to delivering value-added service and ease of process, we leverage over 30 years of experience in the market to customize appropriately structured financing for our borrowers. Capital Impact Partners understands the importance of access to mental health services in addition to traditional health care; the community clinics and health centers that we finance focus on substance abuse and rehabilitation/behavioral care in addition to primary care and other physical health services. We also provide financing for adult day health care facilities and assisted living/continuing care facilities. In 2025, Capital Impact Partners disbursed approximately $24.6 million to 4 health facilities that will serve nearly 24,000 patients annually.
$-40,400 spent$6,413,556 earned by the program0% of program spendingEducation:Capital Impact Partners has been a charter school lender for over 20 years and has become a valuable financing source for our nation's charter schools. To ensure that low cost capital is available nationwide, Capital Impact Partners offers (1) construction and renovation loans, (2) real estate acquisition and term loans, equipment loans, and (3) revolving lines of credit. Capital Impact Partners connects its borrowers to institutional investors toimprove the amount and type of financing available. In 2025, disbursements totaled $43.7 million to 4 charter schools, providing over 1600 students with access to high quality education.
$-50,420 spent$6,256,148 earned by the program0% of program spendingHealthy food: Capital Impact Partners provides loans and investments to community based organizations, grocery stores, and food markets to improve the access to fresh, health foods in food deserts and other underfunded areas. In 2024, Capital Impact Partners provided nearly $3 million in financing to projects supporting food access. The financing is focused on developing and expanding grocery stores, healthy food markets, and creating access to healthy food across communities. In 2021, the nourish dc collaborative was created in partnership with washington d.c. Local government to support the development of a robust ecosystem of locally owned food businesses especially in neighborhoods lacking grocery stores and other food businesses. Since its launch, nourish dc has provided deployed over $20 million in financing, $935,000 in grants, and technical assistance to over 1,500 food businesses in dc.
$-59,140 spentof which $2,535,798 as grants$7,256 earned by the program0% of program spendingNew market tax credits:Capital Impact Partners is a 12-time nmtc recipient, allowing the organization to deploy more than $768 million to 99 projects to provide health care providers, healthy food grocery stores, charter schools, and other community organizations affordable financing nationwide. Nmtc allows Capital Impact Partners to offer borrowers more flexible terms such as longer amortization periods, interest-only payments for as long as seven years, higher loan-to-value ratios and potential equity benefit at the end of the loan term.
$14,227 spent$1,870,933 earned by the program0% of program spendingEntrepreneurs & opportunity community fund (eocf):in 2018, Capital Impact Partners received $3.3 million in grant funding from jpmorgan chase to manage the dc-area eocf, allowing Capital Impact Partners to partner with wacif and ledc, dc-area cdfis, to provide capital and capacity building to entrepreneurs in the region. In 2021, Capital Impact Partners received an additional $2 million contribution from jp morgan chase to continue managing eocf. In addition to wacif and ledc, capital impact partnered with city first enterprises (cfe) and the coalition for nonprofit housing and economic development (cnhed) for the second grant round. The partner organizations have leveraged the eocf to deploy over $53 million, assisting over 2,300 small businesses.
$26,157 spent0% of program spending
The 10 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $70,084,758.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $692M to $807M (+17%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2021 9% · 2022 6%. Grants only. Government contracts and fees sit inside program revenue.
23% of CAPITAL IMPACT PARTNERS’s revenue is contributions — more donation-reliant than the typical peer (23% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Ellis Carr
President & CEO
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 6 funders to 13 funders, grant income rose $2.8M → $5.8M.
4 of 28 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 63% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of CAPITAL IMPACT PARTNERS’s funders (the co-funder graph). Top 27 of 28 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
CAPITAL IMPACT PARTNERS leans on a few funders — its largest provides 62% of grant income and the top three 76%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
64% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund CAPITAL IMPACT PARTNERS.
Largest funder’s share by year: 2017 66% · 2018 60% · 2019 67% · 2020 78% · 2021 56% · 2022 29% · 2023 45% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
42% of CAPITAL IMPACT PARTNERS's funders are still giving 3 years after their first grant; 54% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
62% of CAPITAL IMPACT PARTNERS's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $36M that is directly attributable, 100% of it comes from funders outside Virginia, across 12 states.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $60M arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
CAPITAL IMPACT PARTNERS holds deeper cash reserves than three-quarters of the 144 public benefit nonprofits its size.
this organization peer median middle 50% of peers· 144 public benefit nonprofits $10M–$100M, FY2025
Government funding CAPITAL IMPACT PARTNERS receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $29.9M on record.
- Department of the Treasury$29.9M
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like CAPITAL IMPACT PARTNERS
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Virginia
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
81% of spending goes to programs.
Governance
Public support
64%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 2 states
Part of a family of 41 related entities
- Ncbci Education Conduit LLC · disregarded
- Detroit Neighborhood Fund LLC · disregarded
- Fpif LLC · disregarded
- Community Solutions Group LLC · disregarded
- Momentus Fund 1 Gp LLC · disregarded
Screen this organization
A dated, signed PDF of the compliance screen for CAPITAL IMPACT PARTNERS: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds CAPITAL IMPACT PARTNERS?
- CAPITAL IMPACT PARTNERS (Virginia) receives grants from 28 organizations whose IRS filings report $96,528,597 to it, the largest being The Chicago Community Trust ($60,000,000). 15 of them have funded it in more than one year, and 63% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does CAPITAL IMPACT PARTNERS have?
- IRS filings report 28 organizations giving $96,528,597 in grants to CAPITAL IMPACT PARTNERS, 15 of which have funded it in more than one year.
- Who is the largest funder of CAPITAL IMPACT PARTNERS?
- The Chicago Community Trust is the largest funder on record, with $60,000,000 in grants. The full list of funders is on this page.
- How can an organization like CAPITAL IMPACT PARTNERS find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 28 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing