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CHILDRENS INVESTMENT FUND INC

EIN 04-3105358 BOSTON, MA

Revenue 2024
$1,334,242
Expenses 2024
$2,224,085

Program services were 91.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
T99
Classification
1000
Street
18 TREMONT ST STE 500

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

Mission

THE CHILDREN'S INVESTMENT FUND'S (CIF) PRIMARY PURPOSE IS TO IMPROVE THE QUALITY OF AND EXPAND ACCESS TO EARLY LEARNING AND SCHOOL-AGE CHILD CARE PROGRAMS FOR LOW AND MODERATE-INCOME FAMILIES. IN ORDER TO BROADEN THE IMPACT OF ITS WORK CIF ALSO SEEKS TO SUPPORT AFFORDABLE HOUSING FOR LOW-INCOME FAMILIES THROUGH PLACE-BASED TWO-GENERATION AND OTHER STRATEGIES THAT RESULT IN SAFER, HEALTHIER AND MORE STABLE ENVIRONMENTS IN WHICH TO RAISE YOUNG CHILDREN.

  • Withheld by Nonprofiteer: this text may name a private individual.

    Expenses $383,470

  • TECHNICAL ASSISTANCE AND LENDING: CIF PROVIDES A FULL RANGE OF FINANCING, TRAINING, AND TECHNICAL SERVICES OPTIONS FOR EARLY EDUCATION AND OUT-OF-SCHOOL TIME PROVIDERS SEEKING TO CONSTRUCT OR IMPROVE THEIR FACILITIES. CIF'S SIGNATURE TRAINING, THE BUILDING STRONGER CENTERS INSTITUTE, IS A FOUR-DAY, INTENSIVE TRAINING DESIGNED FOR CHILDCARE CENTERS THAT ARE PLANNING A MAJOR RENOVATION OR CONSTRUCTION PROJECT. CONTENT INCLUDES INFORMATION ON THE DEVELOPMENT PROCESS, FINANCING STRATEGIES, HIGH-QUALITY DESIGN, AND EXAMPLES OF SUCCESSFUL PROJECTS. IN ADDITION TO PROVIDING TECHNICAL EXPERTISE AND TRAINING, CIF OFFERS PREDEVELOPMENT, SITE ACQUISITION, CONSTRUCTION LOANS, AND TERM LOANS TO HELP FINANCE THE COST OF DEVELOPING LARGER CAPITAL PROJECTS, LEASEHOLD IMPROVEMENTS, AND EQUIPMENT ON FLEXIBLE LOAN TERMS THAT MEET THE NEEDS OF CHILDCARE PROVIDERS OF ALL SIZES. IN 2018, CIF EXTENDED THIS SUPPORT TO AFFORDABLE HOUSING DEVELOPERS THAT ARE CREATING FAMILY UNITS IN MASSACHUSETTS.

    Expenses $475,819 · Revenue $108,348

  • FACILITY IMPROVEMENT GRANTS: CIF RAISES CAPITAL THAT CAN BE USED FOR GRANTS TO PROVIDERS TO FUND THE COST OF FACILITY IMPROVEMENTS. CIF HAS RECEIVED TOTAL FUNDING OF $2 MILLION FROM THE LIBERTY MUTUAL FOUNDATION TO FUND ACCESSIBILITY IMPROVEMENTS IN BOSTON-BASED EARLY EDUCATION AND OUT-OF-SCHOOL TIME CENTERS. IN FISCAL YEAR 2024, CIF RECEIVED A GRANT FROM THE U.S. DEPARTMENT OF THE TREASURY'S CDFI FUND FOR $986,991 UNDER THE EQUITABLE RECOVERY PROGRAM (ERP). CIF IS USING THESE FUNDS TO PROVIDE CAPITAL GRANTS TO CHILD CARE PROVIDERS LOCATED IN LOW OR MODERATE-INCOME MAJORITY MINORITY CENSUS TRACTS IN MASSACHUSETTS. CIF HAS AWARDED $960,000 OF THE ERP GRANTS TO FIVE PROVIDERS AS OF JUNE 30, 2025.

    Expenses $1,170,654 · Grants $1,137,671

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • AMY O'LEARY

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1.5

  • WAYNE YSAGUIRRE

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1.5

  • KARLEY AUSIELLO

    TREASURER

    Total calculated
    $0
    Hours/week
    1.5

  • SHARON SCOTT-CHANDLER

    BOARD MEMBER/CLERK

    Total calculated
    $0
    Hours/week
    1.5

  • MICHAEL LINDSTROM

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • CARL SUSSMAN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MARGARET SPRAGUE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • RENEE BOYNTON-JARRETT

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • RICHARD MURAIDA

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • LESLIE REID

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • DAWN DISTEFANO

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • CATHERINE DUN RAPPAPORT

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • CHRISTI STAPLES

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JESSICA ANDORS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • DEBORAH HALL

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • KENNETH WILLIS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • ANNE DOUGLASS

    BOARD MEMBER (LEFT DURING FY25)

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $1,334,242
    Expenses
    $2,224,085
    Contributions
    $1,002,298
    Grants paid
    $1,137,671
  • 2023
    Revenue
    $1,898,365
    Expenses
    $2,331,151
    Contributions
    $1,489,917
    Grants paid
    $1,205,922
  • 2022
    Revenue
    $1,965,950
    Expenses
    $1,218,219
    Contributions
    $1,657,431
    Grants paid
    $76,659

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $2,227,532
    Expenses
    $818,004
    Assets (EOY)
    $6,709,396

  • 2020 · 990

    Revenue
    $1,086,730
    Expenses
    $714,324
    Assets (EOY)
    $5,285,362

  • 2019 · 990

    Revenue
    $832,197
    Expenses
    $723,901
    Assets (EOY)
    $4,948,311

  • 2018 · 990

    Revenue
    $2,066,528
    Expenses
    $947,710
    Assets (EOY)
    $4,779,612

  • 2017 · 990

    Revenue
    $393,600
    Expenses
    $900,866
    Assets (EOY)
    $3,825,258

  • 2016 · 990

    Revenue
    $811,987
    Expenses
    $828,842
    Assets (EOY)
    $4,189,484

  • 2015 · 990

    Revenue
    $1,410,884
    Expenses
    $630,516
    Assets (EOY)
    $4,545,740

  • 2014 · 990

    Revenue
    $599,813
    Expenses
    $1,007,182
    Assets (EOY)
    $3,768,002

  • 2013 · 990

    Revenue
    $455,580
    Expenses
    $1,257,807
    Assets (EOY)
    $4,082,067

  • 2012 · 990

    Revenue
    not reported
    Expenses
    $1,101,706
    Assets (EOY)
    $4,862,632

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

The 10 largest by cash amount. The API serves every itemized grant.

Where these grants went next →

Grants received

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 29 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.