Community Capital Fund
3200 Wayne Ave.
Kansas City MO 64109-2062
Web and Phone Contact
Telephone (816) 777-9331
Mission Statement

The Community Capital Fund (CCF) supports and promotes innovative and measurable community development by focusing on neighborhood capacity building initiatives that leverage community resources and expertise. We work with neighborhood leaders and organizations that strengthen and develop the financial, social, and knowledge capital of Kansas City’s historically underestimated and under-resourced communities.

Leadership
CEO/Executive Director Megan Crook
Board Chair Ruben Alonso III
Board Chair Company Affiliation AltCap
History and Background
Year of Incorporation 2013
Volunteer Opportunities
Ways to donate, support, or volunteer Contact info@ccfkansascity.org to learn about ways to support neighborhood and community development.
Financial Summary
Revenue Expense Area Graph

Comparing revenue to expenses shows how the organizations finances fluctuate over time.

Source: IRS Form 990

 Breakdown
Net Gain/Loss:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.
Statements
Mission Statement

The Community Capital Fund (CCF) supports and promotes innovative and measurable community development by focusing on neighborhood capacity building initiatives that leverage community resources and expertise. We work with neighborhood leaders and organizations that strengthen and develop the financial, social, and knowledge capital of Kansas City’s historically underestimated and under-resourced communities.

Background Statement
History - UW? 
 
An Advisory Committee was set up by AltCap (KCMO CDE at the time) to explore four potential interest areas where Community Capital Fund could focus: community and economic development, small business development, entrepreneurship training, and nonprofit capacity building. The committee used a strategic planning process to identify a need for nonprofit capacity building funding with the focus on training and educational opportunities that further community and economic development.
 
The Advisory Committee was then brought together again to further define community and economic development. They discussed in depth whether CCF should focus on traditional community and economic development projects, whether CCF should use a more expansive definition of community development, and whether CCF grant programs should provide funding for neighborhood associations and grassroots organizations. The strongest areas of consensus was the desire for CCF grant programs to focus on strengthening neighborhoods, specifically through the increase in capacity of neighborhood associations by supporting activities that strengthen and develop leadership and engage residents.
 
There was also consensus that they wanted to use a broader definition of community development as programs and initiatives that promote “healthy neighborhoods and communities.” The group intentionally identified this as a broad definition so there was room to engage with organizations and allow them to bring forth their needs and wants.
 
The committee also looked at the other funders that were granting in community development space and solicited input on what they perceived as funding gaps. There was a gap in grassroots and neighborhood groups being able to access funding, to develop leaders and strengthen leadership within neighborhoods, and the perception that the same neighborhoods got the same access and the same funding where others did not. Out of that came the desire to create a funding stream and mechanism to allow smaller or less organized neighborhoods to be able to build their capacity and grow where they could then have access to larger resources.
 
The goal of CCF's grants is “helping neighborhoods help themselves” in bringing about whatever they want to see for creating and maintaining their vision for their neighborhood.
Impact Statement

In 2019, CCF awarded $120,223 in Neighborhoods Rising Fund grants to support 48 community-driven and neighborhood-led revitalization projects and initiatives in low- to moderate-income neighborhoods throughout Kansas City, Missouri and Kansas City, Kansas. Since 2015, the Neighborhoods Rising Fund has provided $418,091 for 115 community projects and neighborhood revitalization initiatives.  Additionally, neighborhoods leverage CCF funding to secure additional financial contributions and in-kind donations; since, 2015, the amount of additional investment leveraged through CCF is $270,913.

 
In 2019, CCF hired our first Program Manager, Michael Carmona.  Michael brings great knowledge, experience, and contacts to ensure that Neighborhoods Rising Fund is being delivered as efficiently and effectively as possible.  In the fall of 2019, Michael hosted several "listening sessions" with past grant awardees to hear from the neighborhood level how effective our funding is, how our application process is working for a community who faces a digital divide, and other questions so we can learn how to improve our internal processes.  Information is being gathered and will be implemented in our 2020 grant year.   

CCF hosted the 7th Annual Community Development Workshop for 250 attendees to come together to learn with leaders in community development, collaborate with other neighborhood changemakers, and be empowered to transform their communities.

CCF provided Fiscal Sponsorship for mission-aligned, community development projects to help increase the capacity and impact of the project. CCF currently provides fiscal sponsorship for Rightfully Sewn, a social venture that provides seamstress training for women so they can thrive in a specialized workforce that will reestablish Kansas City as an epicenter of garment manufacturing, while at the same time, propel Kansas City fashion designers to market so they can supply the burgeoning demand for high-quality, American-produced garments.

Needs Statement
The vast majority of homeowner associations are not registered 501c3 charities.  Because of that, they are not able to apply for or receive funding from foundations.  Moreover, many neighborhoods do not receive financial support from various government agencies.  In 2015, Community Capital Fund established Neighborhoods Rising Fund (NRF) to fill this gap.     
 
Neighborhoods Rising Fund (NRF) is a unique funding collaborative that annually provides grants of up to $3,000 for community-driven and neighborhood led revitalization projects and initiatives throughout low- to moderate-income neighborhoods in Kansas City, Kansas and Kansas City, Missouri. The NRF is generously supported by the Hall Family Foundation, Hallmark, AltCap, the Sosland Foundation, JE Dunn, the William T. Kemper Foundation, Commerce Bank, and US Bank. With additional members of the funding collaborative, the NRF could expand the impact of these grants by increasing the grant awards to $5,000 and reaching more neighborhoods.  
 
From 2015-2018, we were able to award 100% of neighborhoods who asked for funds, even if we did not fund the amount they requested.  Starting in 2019, we had to decline good projects from good neighborhoods for the first time.  With additional funding, we would be able to meet the needs of more communities and neighborhoods. 
 
The Community Development Workshop requires $15,000 in sponsorship annually to carry out a free program for neighborhood and community leaders. Funds are used to provide meals at the event, design and print a high-quality program, and bring in keynote speakers. 
 
 
Service Categories
Community & Neighbourhood Development
Fund Raising & Fund Distribution
Urban & Community Economic Development
Areas of Service
MO - Jackson County
MO - Platte County
MO - Clay County
MO - Cass County
KS - Wyandotte County
KS - Leavenworth County
KS - Johnson County
Geographic Area Served Narrative

Our service area encompasses the Kansas City metro area with a specific focus on Jackson, Clay, Platte, and Cass counties in Missouri and Wyandotte, Johnson, and Leavenworth counties in Kansas. Neighborhoods Rising Fund grants are awarded to low- to moderate-income areas in Kansas City, Missouri and Kansas City, Kansas. 

CEO/Executive Director/Board Chair Statement


Programs
Description The Neighborhoods Rising Fund (NRF) is a funding collaborative that annually provides grants up to $3,000 for community projects and neighborhood revitalization initiatives that help build stronger and more effective neighborhood organizations in low to moderate income areas throughout the Greater Kansas City region. The NRF is managed by the Community Capital Fund and Greater Kansas City LISC.
Program Budget $150,000.00
Category Philanthropy, Voluntarism & Grantmaking, General/Other Comprehensive Grantmaking
Population Served Poor,Economically Disadvantaged,Indigent
Program is linked to organization's mssion Yes
Program Frequently Assessed Yes
Short-Term Success Grant funded projects are successfully completed within the grant cycle. 
Program Success Monitored By Grant reports from Neighborhoods Rising Fund recipients.
Examples of Program Success
  • Volunteer hours and numbers indicate community engagement. 
  • NRF award dollars leveraged for additional community investment. 
  • Neighborhood indicates increase in people becoming involved with organization
  • Neighborhood indicates increase in skills, knowledge, access to resources.
  • Neighborhood indicates increase in connections and sense of community.  
Description

The annual Community Development Workshop (CDW) is an opportunity to learn with leaders in community development, collaborate with other neighborhood changemakers, and be empowered to transform your community.

The Community Development Workshop offers neighborhood, government, and nonprofit leaders, residents, grassroots activists, and other community stakeholders from both KS and MO, a free opportunity to learn, collaborate, and build new relationships that support community development.

Program Budget $20,000.00
Category Community Development, General/Other Organizational Development & Training
Population Served Poor,Economically Disadvantaged,Indigent
Program is linked to organization's mssion Yes
Program Frequently Assessed Yes
Examples of Program Success
  • Attendees 
  • Stay engaged 
Description

CCF supports local community development and social entrepreneurship through the Fiscal Sponsorship program. CCF’s Fiscal Sponsorship program, which utilizes a Model C structure, provides an alternative to starting a nonprofit for mission-aligned, community development projects.

Social entrepreneurs or organizations selected for this program are able to seek grants and tax-deductible donations without 501c3 status, thus increasing the capacity and impact of the project. CCF has provided fiscal sponsorship for the following social enterprises and community development projects: Rightfully Sewn (2018-present), Battery Tour (2018), Males to Men (2017).

Rightfully Sewn provides seamstress training for women so they can thrive in a specialized workforce that will reestablish Kansas City as an epicenter of garment manufacturing, while at the same time, propel Kansas City fashion designers to market so they can supply the burgeoning demand for high-quality, American-produced garments.

Category Community Development, General/Other Community Economic Development
Population Served Other Economic Level
Program is linked to organization's mssion Yes
Program Frequently Assessed Yes
Short-Term Success
The following organizations have raised funds under CCF's Fiscal Sponsorship: 
  • Rightfully Sewn (2018-present): $122,280 
  • Battery Tour (2018): $1,400  
  • Males to Men (2017): $30,400
Program Success Monitored By Monthly progress reports are submitted by each sponsored organization to show revenue, upcoming grant requests, impact, and upcoming events or activities that CCF can help promote. 
Examples of Program Success

Rightfully Sewn's Seamstress Training Program is a two-month job training and workforce placement unit. Participants are disadvantaged individuals who have been identified through our social service agency partners. The multi-level program covers safety, machine maintenance, and basic and intermediate sewing and alteration skills on conventional and industrial sewing machines. Upon graduation, Rightfully Sewn hosts a Seamstress Jobs Fair to connect graduates with one of the more than 100 open seamstress positions in the region. After two years of the program, they have a 93% graduation rate, and 79% of graduates are employed at local sewn-product businesses.

Battery Tour and Males to Men both became nonprofits with 501c3 status and are continuing to operate independently. 

Executive Director/CEO
Executive Director Megan Crook
Senior Staff
Title Program Manager
Title
Staff
Paid Full-Time Staff 2
Staff Diversity (Ethnicity)
Caucasian 1
Hispanic/Latino 1
Staff Diversity (Gender)
Female 1
Male 2
Formal Evaluations
CEO Formal Evaluation Yes
CEO/Executive Formal Evaluation Frequency Annually
Senior Management Formal Evaluation Yes
Senior Management Formal Evaluation Frequency Annually
Non-Management Formal Evaluation Yes
Non-Management Formal Evaluation Frequency Annually
Plans & Policies
Organization Has a Fundraising Plan Yes
Organization Has a Strategic Plan Yes
Management Succession Plan Yes
Organization Policy and Procedures Yes
Nondiscrimination Policy Yes
Whistleblower Policy Yes
Document Destruction Policy No
Collaborations
The Neighborhoods Rising Fund is co-managed in partnership with Greater Kansas City LISC. 
 
The Community Development Workshop is organized in collaboration with UMKC's Center for Neighborhoods, the Unified Government's Livable Neighborhoods, and Greater Kansas City LISC. 
 
 
 
Affiliations
AffiliationYear
Chamber of Commerce2010
AFP (Association of Fundraising Professionals)2015
Independence Economic Development Council2016
Junior Achievement Worldwide2017
Government Licenses
Is your organization licensed by the government? No
Board Chair
Board Chair Ruben Alonso III
Company Affiliation AltCap
Email ruben@alt-cap.org
Board Members
NameAffiliation
Ruben Alonso IIIAltCap
Gary Cortesretired, Hoffman Cortes Contracting Company
Robert GivensRetired, Mazuma Credit Union
Steffany HedenkampRed Quill Communications
Margaret MayRetired, Ivanhoe Neighborhood Council
Lee Ann PiontekUS Bank
Eze RedwoodWings Café
Paige StrackSaint Luke’s Health System
Board Demographics - Ethnicity
African American/Black 2
Caucasian 6
Board Demographics - Gender
Male 4
Female 4
Governance
Board Term Lengths 2
Board Term Limits 2
Written Board Selection Criteria? Under Development
Written Conflict of Interest Policy? Under Development
Constituency Includes Client Representation No
Number of Full Board Meetings Annually 4
Financials
Fiscal Year Start Jan 01, 2019
Fiscal Year End Dec 31, 2019
Endowment Value $250,000
Form 990s
2017 CCF 990
2016 CCF 990
2015 CCF 990
2014 CCF 990
2013 CCF 990
2012 CCF 990
Foundation Comments
  • FY 2017, 2016, 2015: Financial data reported using IRS Form 990.
  • Foundations/corporate revenue line item may include contributions from individuals.
Detailed Financials
 
Expense Allocation
Fiscal Year201720162015
Program Expense$224,705$215,174$163,117
Administration Expense$18,835$16,289$10,134
Fundraising Expense$0$0$0
Payments to Affiliates------
Total Revenue/Total Expenses0.741.251.89
Program Expense/Total Expenses92%93%94%
Fundraising Expense/Contributed Revenue------
Assets and Liabilities
Fiscal Year201720162015
Total Assets$394,666$470,901$401,770
Current Assets$394,666$470,901$401,770
Long-Term Liabilities$0$0$0
Current Liabilities$3,898$15,779$6,656
Total Net Assets$390,768$455,122$395,114
Short-Term Solvency
Fiscal Year201720162015
Current Ratio: Current Assets/Current Liabilities101.2529.8460.36
Long-Term Solvency
Fiscal Year201720162015
Long-Term Liabilities/Total Assets0%0%0%
Top Funding Sources
Fiscal Year201720162015
Top Funding Source & Dollar AmountHall Family Foundation $20,000 -- --
Second Highest Funding Source & Dollar AmountHallmark Corporate Foundation $15,000 -- --
Third Highest Funding Source & Dollar AmountH&R Block Foundation $10,000 -- --
Capital Campaign
Currently in a Capital Campaign? No
Other Documents
CDW Program2019View
NRF Funders Report2018View
Organization Name Community Capital Fund
Address 3200 Wayne Ave.
Kansas City, MO 641092062
Primary Phone (816) 777-9331
Contact Email info@ccfkansascity.org
CEO/Executive Director Megan Crook
Board Chair Ruben Alonso III
Board Chair Company Affiliation AltCap
Year of Incorporation 2013