NEW YORK, June 29, 2022 /PRNewswire/ — Nonprofit Finance Fund is thrilled to announce Aisha Benson as its subsequent CEO and President.
Benson, a chief with a substantial keep track of file advancing racial equity in neighborhood enhancement finance, was chosen just after an in depth nationwide search and brings extraordinary sector knowledge, deep networks, and a enthusiasm for social justice to the posture. She will be NFF’s third long term CEO and President in its 42-year heritage.
“Aisha is the suitable chief at the suitable time to aid NFF’s attempts to assist mission-driven corporations attain communities’ aspirations,” claimed Henry A. J. Ramos, NFF Board Chair. “Her vision, working experience and interactions are an enjoyable match as NFF continues its remarkable development.”
Benson will start out on August 8, and will be based in New York. She joins NFF from TruFund Fiscal Companies, where by as Govt Vice President and COO she was instrumental in building strategy, securing new organization, fundraising, and overseeing lending and tax credit rating companies.
Benson serves on various important marketplace boards, which include the Chance Finance Community, NMTC Coalition (Board Chair) and New York CDFI Coalition (founding member and Vice President). She also serves on the advisory boards of the Group Advancement Entities of US Bank and Coastal Enterprises.
“NFF has attained a popularity for demanding status-quo finance and philanthropy and advocating for the nonprofits we rely on for so considerably,” claimed Benson. “I glimpse ahead to leveraging my sector know-how and lived working experience to further more hone NFF’s system and solution to integrating the circulation of funds and advisory solutions in techniques that maximize neighborhood collaboration and produce transformational, sustainable outcomes for communities of shade.”
Benson requires the helm from NFF interim CEO and President Trella Walker, who together with Government Transition Workforce colleagues Kristin Giantris and Andrea Briscoe has been major NFF considering that June 2021 when longtime CEO Antony Bugg-Levine introduced his prepared departure.
Over the earlier 10 yrs, NFF has amplified its mortgage portfolio by 400 per cent, developed a various workforce with a broad selection of expertise, and accrued $54 million in internet belongings with out donor limits (as of Dec. 2021) to invest in its mission. Recent initiatives including the Strategic Innovation Fund, COVID-19 recovery zero-fascination loan money, the Point out of the Nonprofit Sector Study, and Growing Collectively exemplify NFF’s motivation to making use of its belongings and resources in assistance of neighborhood-centered nonprofits, specifically these led by and serving people today of color.
As Walker moves on from NFF she will continue her longstanding consulting exercise targeted on tactic and effect, organizational change administration, and DEI (variety, fairness, inclusion) and belonging—all regions of deep skills she drew on to aid NFF navigate a time of transition.
“It has been a correct honor to assistance go NFF forward by strengthening our capacity to provide communities of colour with team and sources aligned with our technique and now Aisha can progress our determination with terrific fervor and fortitude,” reported Walker. “I am fired up to see NFF’s subsequent chapter.”
“We are deeply grateful to Trella and the Government Transition Group for skillfully guiding NFF in daring pursuit of its method, and know that other mission-pushed businesses will benefit from her sage counsel,” stated Ramos. “To be in these a sturdy posture, specially amid a lot more world changes in our area and in the globe, is a testomony to the talent and willpower of this group in service of NFF’s mission.”
Benson was chosen as aspect of a complete, nationwide search led by NPAG in partnership with NFF’s board.
About Nonprofit Finance Fund
Nonprofit Finance Fund® (NFF®) is a nonprofit loan provider, consultant, and advocate. For extra than 40 several years, we’ve worked to improve nonprofit companies and increase the way revenue flows to social superior. We think that together with others we have to build a extra equitable and just social sector, and are dedicated to assisting local community-centered businesses led by and serving men and women of color accessibility the income and methods they require to comprehend their communities’ aspirations. To master far more, go to https://nff.org/
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