Public Charity

FIRST CHILDREN'S FINANCE

FIRST CHILDREN'S FINANCE is a Public Charity headquartered in MINNEAPOLIS, MN. Financial data from the 2025 filing: $9.3M revenue, $10.0M expenses, $7.0M total assets. 29 publicly reported grants to this organization, totaling roughly $6.1M, appear in IRS filings.

EIN: 411694837 MINNEAPOLIS, MN Latest filing: 2025
Total Revenue$9.3M
Total Expenses$10.0M
Total Assets$7.0M
Grant Records29
Funding Total$6.1M
Filing Years2020–2025

Mission

FIRST CHILDREN'S FINANCE (FCF) GROWS THE SUPPLY AND SUSTAINABILITY OF HIGH-QUALITY CHILD CARE BY STRENGTHENING THE BUSINESS AND FINANCIAL FOUNDATIONS OF THE SECTOR. FOUNDED IN 1991, FCF IS A NATIONAL NONPROFIT HEADQUARTERED IN MINNEAPOLIS, MINNESOTA, WITH STATE OFFICES IN MICHIGAN, MINNESOTA, IOWA, OREGON, AND VERMONT. FCF PROVIDES FINANCING, BUSINESS TRAINING, AND CONSULTING TO CHILD CARE ENTREPRENEURS, WHILE PARTNERING WITH PUBLIC, PRIVATE, AND TRIBAL STAKEHOLDERS TO ADVANCE POLICIES AND FUNDING STRATEGIES THAT CREATE SUSTAINABLE CHILD CARE SYSTEMS.

Officers & Directors

DIRECTOR (FORMER) Alicia Butler Pierre
DIRECTOR OF NATIONAL INIATIVES (FORMER) Anne Mcsweeney
COO Ben Nicholie
CHIEF ADVANCEMENT OFFICER Cheyenne Mcgregor
BOARD CHAIR Dafina Williams
DIRECTOR (FORMER) David Arens

Officer compensation and complete director data available with membership.

Top Grant Purposes

General operating support
$5,000,000 1 grant
HEALTHY INDIVIDUALS AND COMMUNITIES
$175,000 1 grant
OPERATING GRANT
$150,000 1 grant
CHILD CARE BUSINESS TRAINING AND COMMUNITY SUPPORT
$120,000 2 grants
Integrated Capital Recovery Project
$70,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $9.3M $10.0M $7.0M
2024 $30.3M $31.5M $15.8M
2023 $29.3M $23.1M $15.1M
2021 $4.1M $3.0M $8.2M
2020 $4.3M $2.5M $6.8M

Between 2020 and 2025, reported annual revenue grew from $4.3M to $9.3M (+113%), with total assets most recently reported at $7.0M.

Interactive year-over-year charts and full filing details available with membership.

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