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. 6 publicly reported grants to this organization, totaling roughly $46.4M, appear in IRS filings.

EIN: 822351889 NEW YORK, NY Latest filing: 2024
Total Revenue$134.9M
Total Expenses$51.7M
Total Assets$1.9B
Grant Records6
Funding Total$46.4M
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.

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
2023
NEVADA FACILITY FUND
$13,760,932
2023
UNRESTRICTED GENERAL SUPPORT
$1,000,000
2023
PUBLIC, SOCIETAL BENEFIT
$100,000

Showing up to 5 of 6 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

For grant recipient's exempt purposes
$27,500,000 2 grants
NEVADA FACILITY FUND
$13,760,932 1 grant
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 1 grant
UNRESTRICTED GENERAL SUPPORT
$1,000,000 1 grant
PUBLIC, SOCIETAL BENEFIT
$100,000 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.

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