Public Charity

EQUITABLE FACILITIES FUND INC

EQUITABLE FACILITIES FUND INC, of NEW YORK, NY, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $134.9M in revenue, $51.7M in expenses, $1.9B in total assets. 7 publicly reported grants to this organization, totaling roughly $46.9M, appear in IRS filings.

EIN: 822351889 NEW YORK, NY Single Organization Support NTEE: B11 Latest filing: 2024
Total Revenue$134.9M
Total Expenses$51.7M
Total Assets$1.9B
Grant Records7
Funding Total$46.9M
Filing Years2018–2024

Mission

EFF IS A NONPROFIT SOCIAL IMPACT FUND THAT BELIEVES ALL CHILDREN DESERVE A QUALITY EDUCATION. WE EMPOWER HIGH-PERFORMING PUBLIC CHARTER SCHOOLS WITH EQUITABLE ACCESS TO LOW-COST, LONG-TERM FINANCING BY INNOVATIVELY COMBINING MISSION-RELATED INVESTMENTS AND CAPITAL MARKETS.

Where $100 goes at Equitable Facilities Fund Inc

How Equitable Facilities Fund Inc divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$93 Programs the work itself
$6 Management running the organization
$1 Fundraising raising the next dollar

Inside the $93 for programs

$93
The Equitable Facilities Fund leverages donations and other philanthropic monies it receives and holds to enable charter schools to borrow more cheaply and effectively
All program spending
Share on LinkedIn Share on Facebook
Add this to your website

Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2024
For grant recipient's exempt purposes
$25,000,000
2024
TO SUPPORT LOW-COST FACILITY FINANCING FOR HIGH-PERFORMING AND HIGH-POTENTIAL CHARTER SCHOOLS ACROSS MISSOURI SEEKING TO GROW, REPLICATE, OR LAUNCH.
$4,000,000
2024
NV OPS FUND GRANT
$500,000
2023
NEVADA FACILITY FUND
$13,760,932
2023
UNRESTRICTED GENERAL SUPPORT
$1,000,000

Showing up to 5 of 7 total records — full history available with membership.

Officers & Directors

DIRECTOR Aarthi Sowrirajan
CEO Anand Kesavan
CHAIRMAN Buddy Philpot
CHIEF OF STAFF Jon Mcintosh
TREASURER Kevin Hall
INVESTMENT PRINCIPAL Marc Wancer

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$42,860,932 6 grants
Education
$4,000,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $134.9M $51.7M $1.9B
2023 $73.8M $31.8M $1.5B
2022 $109.6M $24.6M $1.2B
2020 $48.3M $9.6M $575.5M
2018 $154.0M $1.9M $152.6M

Between 2018 and 2024, reported annual revenue declined from $154.0M to $134.9M (-12%), with total assets most recently reported at $1.9B.

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

See the full picture for EQUITABLE FACILITIES FUND INC

Complete financials, all 7 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 880,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports
7-day free trial Cancel any time