Community Finance Corporation
At a glance
This funder does not accept unsolicited applications. The foundation chooses the organisations it funds itself.
Key takeaways
- Community Finance Corporation funds work with disadvantaged youth and economic development, and describes its purpose as lessening the burdens of government and nonprofit organisations, so a strong fit with one of these themes is the starting point for any approach.
- The foundation states that it does not accept unsolicited requests and works by invitation only, so organisations without an existing connection to it should not apply directly.
- A realistic request would be modest: grants typically range from $10,000 to $39,500, with a median grant of $17,000.
- Giving looks relationship-led rather than open to new applicants, as 85% of its grant dollars went to organisations it had also funded the previous year.
- No geographic focus is stated in the foundation's own terms, so location alone should not be taken as a rule about who may apply.
Overview
Community Finance Corporation is a US private foundation based in Tucson, AZ.
What they fund
Profile derived from the foundation's IRS Form 990-PF filings (TY2023, TY2022) and its website, with every statement checked against those sources. Sources read on 7 October 2026.
Priority Areas
Community Finance Corporation directs excess revenues back into the community and says its recipient organisations are carefully chosen, focusing on disadvantaged youth and/or advancing economic development. It describes its charitable purpose as lessening the burdens of government and nonprofit organisations. Its work also includes public-private partnerships that offer an alternative to traditional financing for municipalities, state governments and other jurisdictions seeking major infrastructure. It says it evaluates project opportunities against its charitable mission and the benefits a project will bring or maintain in the community it serves; proactive communication, collaboration and integrity are core values.
Themes
- Disadvantaged youth
- Economic development
Geographic Focus
No geographic focus is stated; the filings show grants mainly in Arizona.
How to apply
The foundation states that it does not accept unsolicited requests.
Application success factors
- Repeat giving: In its TY2023 filing, 85% of its grant dollars to organisations went to organisations it had also funded in its TY2022 filing.
- Grant size: Across its TY2022 and TY2023 filings, half of its 18 grants to organisations were $17,000 or less.
What the foundation says:
- The board carefully chooses recipient organisations, focusing on disadvantaged youth and/or advancing economic development.
Where grants go
From grants to organisations in the foundation’s filings for tax years 2022–2023.
Grant dollars by state
- The largest single recipient received 30% of grant dollars to organisations.
- In tax year 2023, 85% of grant dollars went to organisations Community Finance Corporation had funded in earlier filings.
- No grants were paid directly to organisations outside the US.
Grants
How much do they typically give?
Share of 11 grants in tax year 2023 by size
Median $15,000 (tax year 2023)
The largest grants to organisations in the foundation’s latest filing:
- University of Arizona Foundation · See attached schedule k$39,2672023 tax year
- Ua-College Of Engineering Davinci Scholarship · See attached schedule k$25,0002023 tax year
- University of Arizona Foundation · See attached schedule k$25,0002023 tax year
- YMCA of Southern Arizona · See attached schedule k$25,0002023 tax year
- Southern Arizona Research Science and Engineering Foundation · See attached schedule k$20,0002023 tax year
- El Groupo Youth Cycling · See attached schedule k$15,0002023 tax year
- Tucson Unified School District Education Enrichment Foundation · See attached schedule k$15,0002023 tax year
- Flowing Wells School District · See attached schedule k$15,0002023 tax year
Grants to organisations listed in the foundation’s Form 990-PF filings. Grants to individuals are not shown.
Officers and directors
- Kenneth Abrahams — Board Member
- Kathleen Perkins — Vice-Preside
- Michael Arnold — Treasurer
- Kendall Bert — Secretary
- Michael Hammond — President
- Gary Molenda — Des Rep
From the latest Form 990-PF filing
2 years of tax filings
| Year | Total expenses | Grants paid | Assets | Filing document |
|---|---|---|---|---|
| 2022 tax year | $84,927,861 | $146,267 | $835,661,961 | Filing for 2022 tax year |
| 2023 tax year | $87,621,549 | $204,267 | $966,947,621 | Filing for 2023 tax year |
Figures from the foundation’s IRS Form 990-PF filings. Assets are at fair market value at year end. The document icon links to each year’s filing on ProPublica Nonprofit Explorer.
Sources
Registers and filings
Other sources
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At a glance
Applying to Community Finance Corporation?
Hinchilla drafts your answers around this funder's priorities, using your organisation's own documents.
No credit card required
Contact
- Tucson, AZ
- communityfinancecorp.org
Applying to Community Finance Corporation?
Hinchilla drafts your answers around this funder's priorities, using your organisation's own documents.
No credit card required
Contact
- Tucson, AZ
- communityfinancecorp.org