City Fund
TO SUPPORT CITY-BASED NON-PROFIT ORGANIZATIONS IN THEIR EFFORTS TO IMPROVE PUBLIC EDUCATION OUTCOMES FOR LOCAL CHILDREN, AND TO MAKE INVESTMENTS TO INCREASE THE NUMBER OF HIGH-PERFORMING PUBLIC SCHOOLS IN CITIES.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$118.7M
+9.2% YoY
Annual Giving
$78.0M
+32.8% YoY
Grant Count
119
+75.0% YoY
Avg Grant Size
$656K
-24.1% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $118,681,087 | $108,692,498 | $118,722,969 |
| Revenue | $118,596,237 | $55,405,330 | $115,823,271 |
| Expenses | $98,489,750 | $55,448,793 | $86,900,051 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $3,905,755 | $2,071,997 | $52,438 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
310 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does City Fund fund?
Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.
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- 11M+ connections in GrantGraph™
Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN ARNOLD | CHAIR | 1 | — |
| REED HASTINGS | TREASURER | 1 | — |
| ROMY DRUCKER | DIRECTOR | 1 | — |
| ELISA VILLANUEVA BEARD | DIRECTOR | 1 | — |
| MARLON MARSHALL | CEO | 36 | $482,605 |
| NATASHA WILLIAMS | CFO | 32 | $329,513 |
| KEVIN SHAFER | PRESIDENT | 38 | $452,754 |
| JESSICA PENA | PARTNER | 39 | $400,010 |
| NAEHA DEAN | PARTNER | 38 | $386,891 |
| ETHAN LAWRENCE GRAY | PARTNER | 37 | $385,039 |
| GARY VERNON BORDEN | PARTNER | 37 | $377,118 |
| TYLER WHITMIRE | PARTNER | 35 | $355,257 |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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