Massachusetts · Nonprofit
CHILDREN'S INVESTMENT FUND INC
CHILDREN'S INVESTMENT FUND INC (Massachusetts) receives grants from 10 organizations whose IRS filings report $3,250,416 to it, the largest being LIBERTY MUTUAL FOUNDATION INC ($2,000,000). 6 of them have funded it in more than one year.
- Revenue FY2025
- $1.3M
- Funders on record
- 10
- Grants received
- $3.3M
- Net assets
- $6.1M
What Children's Investment Fund Inc does
Mission
The children's investment fund's (cif) primary purpose is to improve the quality of and expand access to early learning and school-age child care programs for low and moderate-income families. In order to broaden the impact of its work cif also seeks to support affordable housing for low-income families through place-based two-generation and other strategies that result in safer, healthier and more stable environments in which to raise young children.
As stated on its FY2025 Form 990.
Programs
Early education and out of school time (eeost) capital fund and early education and care provider capital grant program (eecpcg): the eeost program was first authorized by the massachusetts legislature as part of the 2013 community development capital bond bill. In may 2018, eeost was reauthorized by the legislature as part of the housing capital bond bill. Each of those bond bills authorized the issuance of up to $45 million in general obligation bonds, subject to annual allocations determined by the executive office for administration and finance. In august 2024, the legislature reauthorized the program for up to $50 million, subject to annual allocations determined by the executive office of administration and finance. The purpose of eeost is to provide capital grants to licensed center-based nonprofit early education and out-of-school time programs to fund facility acquisition, design, construction and/or renovation. Eecpcg is designated for for-profit centers to develop and/or rehabilitate eligible facilities in which a certain number of slots are reserved to serve low-income families. Cif, under contract with cedac, underwrites, closes and disburses the grant funds awarded…
$383,470 spent19% of program spendingTechnical assistance and lending: cif provides a full range of financing, training, and technical services options for early education and out-of-school time providers seeking to construct or improve their facilities. Cif's signature training, the building stronger centers institute, is a four-day, intensive training designed for childcare centers that are planning a major renovation or construction project. Content includes information on the development process, financing strategies, high-quality design, and examples of successful projects. In addition to providing technical expertise and training, cif offers predevelopment, site acquisition, construction loans, and term loans to help finance the cost of developing larger capital projects, leasehold improvements, and equipment on flexible loan terms that meet the needs of childcare providers of all sizes. In 2018, cif extended this support to affordable housing developers that are creating family units in massachusetts.
$475,819 spent$108,348 earned by the program23% of program spendingFacility improvement grants: cif raises capital that can be used for grants to providers to fund the cost of facility improvements. Cif has received total funding of $2 million from the liberty mutual foundation to fund accessibility improvements in boston-based early education and out-of-school time centers. In fiscal year 2024, cif received a grant from the u.s. Department of the treasury's cdfi fund for $986,991 under the equitable recovery program (erp). Cif is using these funds to provide capital grants to child care providers located in low or moderate-income majority minority census tracts in massachusetts. Cif has awarded $960,000 of the erp grants to five providers as of june 30, 2025.
$1,170,654 spentof which $1,137,671 as grants58% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $2,029,943.
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 2021 to 2022, from $5.3M to $6.7M (+27%).
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: 2019 15% · 2020 76% · 2021 67% · 2022 46% · 2023 22% · 2024 73% · 2025 54%. Grants only. Government contracts and fees sit inside program revenue.
75% of CHILDREN'S INVESTMENT FUND INC’s revenue is contributions — about as donation-reliant as the typical peer (82% 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.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 4 funders, grant income rose $15k → $140k.
2 of 10 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 1% 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 CHILDREN'S INVESTMENT FUND INC’s funders (the co-funder graph). 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
CHILDREN'S INVESTMENT FUND INC leans on a few funders — its largest provides 62% of grant income and the top three 95%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2017 100% · 2018 100% · 2019 59% · 2020 47% · 2021 98% · 2022 89% · 2023 71% — 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
14% of CHILDREN'S INVESTMENT FUND INC's funders are still giving 3 years after their first grant; 60% 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
97% of CHILDREN'S INVESTMENT FUND INC's grant income comes from Massachusetts funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $35k arriving through sponsors registered in 2 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
CHILDREN'S INVESTMENT FUND INC holds deeper cash reserves than three-quarters of the 1,504 philanthropy nonprofits its size.
this organization peer median middle 50% of peers· 1,504 philanthropy nonprofits $1M–$10M, FY2025
Government funding CHILDREN'S INVESTMENT FUND INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $2.5M on record.
- Department of the Treasury$2.5M
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 CHILDREN'S INVESTMENT FUND INC
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 Massachusetts
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
91% 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 1 state
Screen this organization
A dated, signed PDF of the compliance screen for CHILDREN'S INVESTMENT FUND INC: 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 CHILDREN'S INVESTMENT FUND INC?
- CHILDREN'S INVESTMENT FUND INC (Massachusetts) receives grants from 10 organizations whose IRS filings report $3,250,416 to it, the largest being LIBERTY MUTUAL FOUNDATION INC ($2,000,000). 6 of them have funded it in more than one year.
- How many funders does CHILDREN'S INVESTMENT FUND INC have?
- IRS filings report 10 organizations giving $3,250,416 in grants to CHILDREN'S INVESTMENT FUND INC, 6 of which have funded it in more than one year.
- Who is the largest funder of CHILDREN'S INVESTMENT FUND INC?
- LIBERTY MUTUAL FOUNDATION INC is the largest funder on record, with $2,000,000 in grants. The full list of funders is on this page.
- How can an organization like CHILDREN'S INVESTMENT FUND INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. 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 10 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 14, 2026. What this page cannot tell you · view filing