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North Dakota · Nonprofit

RURAL DEVELOPMENT FINANCE CORPORATION

RURAL DEVELOPMENT FINANCE CORPORATION (North Dakota) receives grants from 1 organization whose IRS filings report $150,000 to it, the largest being THE BUSH FOUNDATION ($150,000). 0 of them have funded it in more than one year.

Revenue FY2024
$2.6M
Funders on record
1
Grants received
$150k
Net assets
$11M
0/1 repeat funders
01What it does

What Rural Development Finance Corporation does

Mission

Rdfc encourages economic diversification and community vitality through the generation of funding that supports sustainable asset building.

As stated on its FY2024 Form 990.

Programs

  1. To encourage economic diversification and revitalization of rural communities in north dakota and adjacent states, create employment and increase income for displaced farmers and low-income persons, and to enhance essential community services and facilities.to act as an intermediary lender and to develop a sustainable revolving loan pool for rural development lending pursuant to federal regulations and statutes and to provide technical assistance for rural economic development projects.to do all things necessary, suitable, and proper for the accomplishment of any of the purposes or the attainment of the objectives hereinabove stated, either alone or with other corporations, cooperatives, associations, firms or individuals, and to every other act or thing incidental to or growing out of such purpose.

    $221,322 spent$572,067 earned by the program
    70% of program spending
  2. The rdfc grant program helped rural communities in north dakota achieve economic diversification and revitalization.

    $96,250 spentof which $96,250 as grants
    30% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $317,572.

02The organization over time

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.

100 = 20172017 Revenue 100 ($418k) Expenses 100 ($74k) Net assets 100 ($4.9M)2018 Revenue 260 ($1.1M) Expenses 210 ($155k) Net assets 119 ($5.8M)2019 Revenue 339 ($1.4M) Expenses 219 ($162k) Net assets 145 ($7.1M)2020 Revenue 213 ($891k) Expenses 404 ($298k) Net assets 157 ($7.7M)2021 Revenue 113 ($473k) Expenses 211 ($156k) Net assets 163 ($8.0M)2022 Revenue 126 ($526k) Expenses 212 ($157k) Net assets 171 ($8.4M)2023 Revenue 254 ($1.1M) Expenses 299 ($221k) Net assets 182 ($8.9M)2024 Revenue 634 ($2.6M) Expenses 505 ($373k) Net assets 229 ($11M)
'17'18'19'20'21'22'23'24
Revenue (634)Expenses (505)Net assets (229)

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 $8.9M to $11M (+27%).

$4.9M
$5.8M
$7.1M
$7.7M
$8.0M
$8.4M
$8.9M
$11M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2023 1% · 2024 75%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.

$344k
’17
$931k
’18
$1.3M
’19
$593k
’20
$317k
’21
$370k
’22
$840k
’23
$2.3M
’24
56
months of
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.

'17'18'19'20'21'22'23'24
Listed119888888
Joined·+1+0+1+2+1+0+1
No longer listed·3112101
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'24*
total
funders
1

From the IRS filings of RURAL DEVELOPMENT FINANCE CORPORATION’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.

Where its funders are

RURAL DEVELOPMENT FINANCE CORPORATION draws 100% of its grant income from funders outside North Dakota, across 1 state in all.

MN

Funder states come from each funder’s own filing. 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.

04Its place in the field

Government funding RURAL DEVELOPMENT FINANCE CORPORATION receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $10.0M on record.

Federal$10.0M
grants $10.0Mcontracts $0
Top agencies
  • Department of Agriculture$10.0M

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 RURAL DEVELOPMENT FINANCE CORPORATION

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 North Dakota

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

85% of spending goes to programs.

Program 85%Management 15%Fundraising 0%

Governance

8
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Screen this organization

A dated, signed PDF of the compliance screen for RURAL DEVELOPMENT FINANCE CORPORATION: 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.

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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 RURAL DEVELOPMENT FINANCE CORPORATION?
RURAL DEVELOPMENT FINANCE CORPORATION (North Dakota) receives grants from 1 organization whose IRS filings report $150,000 to it, the largest being THE BUSH FOUNDATION ($150,000). 0 of them have funded it in more than one year.
How many funders does RURAL DEVELOPMENT FINANCE CORPORATION have?
IRS filings report 1 organization giving $150,000 in grants to RURAL DEVELOPMENT FINANCE CORPORATION.
Who is the largest funder of RURAL DEVELOPMENT FINANCE CORPORATION?
THE BUSH FOUNDATION is the largest funder on record, with $150,000 in grants. The full list of funders is on this page.
How can an organization like RURAL DEVELOPMENT FINANCE CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Dakota. 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 FY2024 (financials across 2017–2024), and the filings of 1 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