New York, NY, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Nonprofit Finance Fund (NFF) has received a $22 million grant from philanthropist MacKenzie Scott. It is the second grant NFF has received from Ms. Scott and will deepen NFF's long-term impact and near-term support for nonprofits led by and serving people of color.

'Our aspirations are big: to advance community wealth and well-being, build more just and anti-racist financial systems, and fuel the nonprofits providing critical services in our neighborhoods,” said Aisha Benson, President and CEO of NFF. 'These ambitious goals require collaboration, innovation, and action - and significant flexible support like Ms. Scott's grants.”