Form990
Click to see attachment
Department of the Treasury
Internal Revenue Service
Return of Organization Exempt From Income Tax
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)
MediumBullet Do not enter Social Security numbers on this form as it may be made public. By law, the IRS
generally cannot redact the information on the form.
MediumBullet Information about Form 990 and its instructions is at www.IRS.gov/form990.
OMB No. 1545-0047
2013
Open to Public Inspection
A For the 2013 calendar year, or tax year beginning 01-01-2013 , 2013, and ending 12-31-2013
BCheck if applicable:
CName of organization
THE REINVESTMENT FUND INC
 
Doing Business As
 
 
Number and street (or P.O. box if mail is not delivered to street address)
1700 MARKET STREET 19TH FLOOR
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PHILADELPHIA, PA19103
D Employer identification number

23-2331946
E Telephone number

G Gross receipts $ 34,843,769
F Name and address of principal officer:
DONALD HINKLE-BROWN
1700 MARKET STREET 19TH FLOOR
PHILADELPHIA,PA19103
I
Tax-exempt status: (   ) LeftBullet (insert no.) or
J
Website:MediumBullet
WWW.TRFUND.COM
H(a)
Is this a group return for
subordinates?
H(b)
Are all subordinates
included?
If "No," attach a list. (see instructions)
H(c)
Group exemption number MediumBullet  
K Form of organization:
 
L Year of formation: 1985
M State of legal domicile: PA
Part I
Summary
Activities & Governance 1 Briefly describe the organization’s mission or most significant activities: BUILDS WEALTH AND OPPORTUNITY FOR LOW-WEALTH COMMUNITIES AND LOW TO MODERATE INCOME INDIVIDUALS THROUGH THE PROMOTION OF SOCIALLY AND ENVIRONMENTALLY RESPONSIBLE DEVELOPMENT. THE PRIMARY SERVICE AREA IS THE MID-ATLANTIC, INCLUDING THE STATES OF PENNSYLVANIA, NEW JERSEY, DELAWARE, MARYLAND, VIRGINIA, AND THE DISTRICT OF COLUMBIA. SOME POLICY AND INFORMATION INITIATIVES EXTEND NATIONALLY.
2 Check this box MediumBullet
3 Number of voting members of the governing body (Part VI, line 1a) ........ 3 14
4 Number of independent voting members of the governing body (Part VI, line 1b) ..... 4 14
5 Total number of individuals employed in calendar year 2013 (Part V, line 2a) ...... 5 105
6 Total number of volunteers (estimate if necessary) ............. 6 55
7a Total unrelated business revenue from Part VIII, column (C), line 12 ........ 7a 418,722
b Net unrelated business taxable income from Form 990-T, line 34 ......... 7b -136,737
Revenues Prior Year Current Year
8 Contributions and grants (Part VIII, line 1h) ......... 12,135,158 16,422,032
9 Program service revenue (Part VIII, line 2g) ......... 15,946,161 16,878,132
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d ) .... 454,074 674,081
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) -2,207,368 283,837
12 Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)................... 26,328,025 34,258,082
Expenses; 13 Grants and similar amounts paid (Part IX, column (A), lines 1–3 )... 3,272,551 2,778,341
14 Benefits paid to or for members (Part IX, column (A), line 4)..... 0 0
15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10) 7,594,967 8,518,370
16a Professional fundraising fees (Part IX, column (A), line 11e)..... 0 0
b Total fundraising expenses (Part IX, column (D), line 25) MediumBullet27,000    
17 Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e).... 12,164,146 10,975,236
18 Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25) 23,031,664 22,271,947
19 Revenue less expenses. Subtract line 18 from line 12....... 3,296,361 11,986,135
Net Assets or Fund Balances; Beginning of Current Year End of Year
20 Total assets (Part X, line 16)............. 277,116,129 286,047,297
21 Total liabilities (Part X, line 26)............. 160,372,870 157,459,075
22 Net assets or fund balances. Subtract line 21 from line 20..... 116,743,259 128,588,222
Part II
Signature Block
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.
Sign Here
JumboBullet
Signature of officer Date
JumboBullet
Type or print name and title
Paid Preparer Use Only
Print/Type preparer's name
Preparer's signature
Date
PTIN
Firm's name MediumBullet

Firm's EIN MediumBullet
Firm's address MediumBullet



Phone no.
May the IRS discuss this return with the preparer shown above? (see instructions) ............
For Paperwork Reduction Act Notice, see the separate instructions.
Cat. No. 11282Y
Form 990 (2013)
Form 990 (2013)
Page 2
Part III
Statement of Program Service Accomplishments
Check if Schedule O contains a response or note to any line in this Part III ..............
1
Briefly describe the organization’s mission: BUILDS WEALTH AND OPPORTUNITY FOR LOW-WEALTH COMMUNITIES AND LOW TO MODERATE INCOME INDIVIDUALS THROUGH THE PROMOTION OF SOCIALLY AND ENVIRONMENTALLY RESPONSIBLE DEVELOPMENT. THE PRIMARY SERVICE AREA IS THE MID-ATLANTIC, INCLUDING THE STATES OF PENNSYLVANIA, NEW JERSEY, DELAWARE, MARYLAND, VIRGINIA, AND THE DISTRICT OF COLUMBIA. SOME POLICY AND INFORMATION INITIATIVES EXTEND NATIONALLY.
2
Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? ......................
If "Yes," describe these new services on Schedule O.
3
Did the organization cease conducting, or make significant changes in how it conducts, any program services? ............................
If "Yes," describe these changes on Schedule O.
4
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.
4a (Code:   ) (Expenses $ 10,999,973 including grants of $ 2,501,125 ) (Revenue $ 13,076,828 )
LENDING AND COMMUNITY INVESTING: ENCOMPASSES THE ORGANIZATION'S FINANCING OF HOMES, SCHOOLS, HEALTHY FOOD RETAIL AND OTHER PROJECTS THAT BENEFIT LOW-WEALTH PEOPLE AND PLACES AND IS THE CORE LENDING FUNCTION OF THE ORGANIZATION.
4b (Code:   ) (Expenses $ 3,761,869 including grants of $   ) (Revenue $ 1,721,374 )
POLICYMAP: PROVIDES AN ONLINE DATA ANALYSIS AND MAPPING TOOL THAT PROVIDES BROAD ACCESS TO DATA, REPORTS AND ANALYTICS USEFUL FOR SOCIAL INVESTMENT STRATEGIES.
4c (Code:   ) (Expenses $ 2,073,543 including grants of $   ) (Revenue $ 1,682,695 )
POLICY SOLUTIONS: CONDUCTS POLICY, DATA ANALYSIS AND SOCIAL IMPACT ANALYSES THAT ADVANCE TRF'S MISSION AND EFFECT SYSTEM CHANGE, ON BEHALF OF TRF AS WELL AS PUBLIC AND PHILANTHROPIC CLIENTS.
(Code:   ) (Expenses $ 1,010,833 including grants of $ 277,216 ) (Revenue $ 148,679 )
SUSTAINABLE DEVELOPMENT FUND ("SDF"): REPRESENTS AN ENERGY-RELATED FUND THAT USES LOANS, INVESTMENTS AND GRANTS TO AUGMENT THE ORGANIZATION'S EXISTING ENERGY CONSERVATION AND COMMUNITY INVESTING EFFORTS. SDF WAS CREATED BY THE PARTIES TO THE PECO ENERGY COMPANY ("PECO ENERGY") RESTRUCTURING AND APPROVED BY THE PENNSYLVANIA PUBLIC UTILITY COMMISSION ("PUC") IN MAY 1998.
(Code:   ) (Expenses $ 374,816 including grants of $   ) (Revenue $ 113,671 )
RENTAL ACTIVITIES
4d Other program services (Describe in Schedule O.)
(Expenses $ 1,385,649 including grants of $ 277,216 ) (Revenue $ 262,350 )
4e Total program service expensesMediumBullet18,221,034
Form 990 (2013)
Form 990 (2013)
Page 3
Part IV
Checklist of Required Schedules
Yes
No
1
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete Schedule AClick to see attachment........................
1
Yes
 
2
Is the organization required to complete Schedule B, Schedule of Contributors (see instructions)? Click to see attachment...
2
Yes
 
3
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If "Yes," complete Schedule C, Part IClick to see attachment..........
3
 
No
4
Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part IIClick to see attachment........
4
Yes
 
5
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19? If "Yes," complete Schedule C,
Part IIIClick to see attachment............................
5
 
No
6
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes," complete Schedule D, Part IClick to see attachment........................
6
 
No
7
Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part IIClick to see attachment...
7
 
No
8
Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes," complete Schedule D, Part III Click to see attachment....................
8
 
No
9
Did the organization report an amount in Part X, line 21 for escrow or custodial account liability; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If "Yes," complete Schedule D, Part IVClick to see attachment..............
9
Yes
 
10
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments? If "Yes," complete Schedule D, Part VClick to see attachment......
10
 
No
11
If the organization’s answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X as applicable.
a
Did the organization report an amount for land, buildings, and equipment in Part X, line 10?
If "Yes," complete Schedule D, Part VI.Click to see attachment...................
11a
Yes
 
b
Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIIClick to see attachment.......
11b
 
No
c
Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIIIClick to see attachment.......
11c
 
No
d
Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part IXClick to see attachment............
11d
 
No
e
Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part XClick to see attachment
11e
Yes
 
f
Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, Part XClick to see attachment.........................
11f
Yes
 
12a
Did the organization obtain separate, independent audited financial statements for the tax year?
If "Yes," complete Schedule D, Parts XI and XII Click to see attachment.................
12a
 
No
b
Was the organization included in consolidated, independent audited financial statements for the tax year? If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional Click to see attachment
12b
Yes
 
13
Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E....
13
 
No
14a
Did the organization maintain an office, employees, or agents outside of the United States?.....
14a
 
No
b
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more? If "Yes," complete Schedule F, Parts I and IV.........
14b
 
No
15
Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any foreign organization? If “Yes,” complete Schedule F, Parts II and IV
15
 
No
16
Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to or for foreign individuals? If “Yes,” complete Schedule F, Parts III and IV...
16
 
No
17
Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If "Yes," complete Schedule G, Part I (see instructions)....
17
 
No
18
Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If "Yes," complete Schedule G, Part II............
18
 
No
19
Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If "Yes," complete Schedule G, Part III...................
19
 
No
20a
Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H....
20a
 
No
b
If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return?
20b
 
 
Form 990 (2013)
Form 990 (2013)
Page 4
Part IV
Checklist of Required Schedules (continued)
21
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or government on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II... Click to see attachment
21
Yes
 
22
Did the organization report more than $5,000 of grants or other assistance to individuals in the United States on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III........ Click to see attachment
22
 
No
23
Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5 about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete Schedule J....................... Click to see attachment
23
Yes
 
24a
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer lines 24b through 24d and complete Schedule K. If “No,” go to line 25a................
24a
 
No
b
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...
24b
 
 
c
Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds?......................
24c
 
 
d
Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year?...
24d
 
 
25a
Section 501(c)(3) and 501(c)(4) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If "Yes," complete Schedule L, Part I........
25a
 
No
b
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If "Yes," complete Schedule L, Part I...................
25b
 
No
26
Did the organization report any amount on Part X, line 5, 6, or 22 for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons? If so, complete Schedule L, Part II....................
26
 
No
27
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons? If "Yes," complete Schedule L, Part III.........
27
 
No
28
Was the organization a party to a business transaction with one of the following parties (see Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):
a
A current or former officer, director, trustee, or key employee? If "Yes," complete Schedule L, Part IV ..........................
28a
 
No
b
A family member of a current or former officer, director, trustee, or key employee? If "Yes,"
complete Schedule L, Part IV.....................
28b
 
No
c
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner? If "Yes," complete Schedule L, Part IV...
28c
 
No
29
Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M..
29
 
No
30
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If "Yes," complete Schedule M.............
30
 
No
31
Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N,
Part I...........................
31
 
No
32
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete Schedule N, Part II......................
32
 
No
33
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If "Yes," complete Schedule R, Part I........ Click to see attachment
33
Yes
 
34
Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Part II, III, or IV, and Part V, line 1........................ Click to see attachment
34
Yes
 
35a
Did the organization have a controlled entity within the meaning of section 512(b)(13)?
35a
Yes
 
b
If ‘Yes’ to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If "Yes," complete Schedule R, Part V, line 2... Click to see attachment
35b
 
No
36
Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If "Yes," complete Schedule R, Part V, line 2............. Click to see attachment
36
 
No
37
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R, Part VIClick to see attachment
37
 
No
38
Did the organization complete Schedule O and provide explanations in Schedule O for Part VI, lines 11b and 19? Note. All Form 990 filers are required to complete Schedule O. ............
38
Yes
 
Form 990 (2013)
Form 990 (2013)
Page 5
Part V
Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response or note to any line in this Part V ..............
Yes
No
1a
Enter the number reported in Box 3 of Form 1096 Enter -0- if not applicable ..
1a
596
b
Enter the number of Forms W-2G included in line 1a. Enter -0- if not applicable .
1b
0
c
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................
1c
Yes
 
2a
Enter the number of employees reported on Form W-3, Transmittal of Wage and
Tax Statements, filed for the calendar year ending with or within the year covered by this return ..................
2a
105
b
If at least one is reported on line 2a, did the organization file all required federal employment tax returns?
Note. If the sum of lines 1a and 2a is greater than 250, you may be required to e-file (see instructions)
2b
Yes
 
3a
Did the organization have unrelated business gross income of $1,000 or more during the year?...
3a
Yes
 
b
If “Yes,” has it filed a Form 990-T for this year? If “No” to line 3b, provide an explanation in Schedule O...
3b
Yes
 
4a
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?..........................
4a
 
No
b
If "Yes," enter the name of the foreign country: MediumBullet
See instructions for filing requirements for Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts.
5a
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?..
5a
 
No
b
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?
5b
 
No
c
If "Yes," to line 5a or 5b, did the organization file Form 8886-T? ............
5c
 
 
6a
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?...
6a
 
No
b
If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?........................
6b
 
 
7
Organizations that may receive deductible contributions under section 170(c).
a
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?....................
7a
 
No
b
If "Yes," did the organization notify the donor of the value of the goods or services provided?.....
7b
 
 
c
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?...........................
7c
 
No
d
If "Yes," indicate the number of Forms 8282 filed during the year ....
7d
 
e
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?............................
7e
 
No
f
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?..
7f
 
No
g
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?............................
7g
 
 
h
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?..........................
7h
 
 
8
Sponsoring organizations maintaining donor advised funds and section 509(a)(3) supporting organizations. Did the supporting organization, or a donor advised fund maintained by a sponsoring organization, have excess business holdings at any time during the year?............
8
 
 
9
Sponsoring organizations maintaining donor advised funds.
a
Did the organization make any taxable distributions under section 4966?..........
9a
 
 
b
Did the organization make a distribution to a donor, donor advisor, or related person?.......
9b
 
 
10
Section 501(c)(7) organizations. Enter:
a
Initiation fees and capital contributions included on Part VIII, line 12 ...
10a
 
b
Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities
10b
 
11
Section 501(c)(12) organizations. Enter:
a
Gross income from members or shareholders .........
11a
 
b
Gross income from other sources (Do not net amounts due or paid to other sources against amounts due or received from them.) ..........
11b
 
12a
Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?
12a
 
 
b
If "Yes," enter the amount of tax-exempt interest received or accrued during the year. ....................
12b
 
13
Section 501(c)(29) qualified nonprofit health insurance issuers.
a
Is the organization licensed to issue qualified health plans in more than one state?
Note. See the instructions for additional information the organization must report on Schedule O.
13a
 
 
b
Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans ....
13b
 
c
Enter the amount of reserves on hand ............
13c
 
14a
Did the organization receive any payments for indoor tanning services during the tax year?.....
14a
 
No
b
If "Yes," has it filed a Form 720 to report these payments? If "No," provide an explanation in Schedule O..
14b
 
 
Form 990 (2013)
Form 990 (2013)
Page 6
Part VI
Governance, Management, and Disclosure For each "Yes" response to lines 2 through 7b below, and for a "No" response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.
Check if Schedule O contains a response or note to any line in this Part VI ..............
Section A. Governing Body and Management
Yes
No
1a
Enter the number of voting members of the governing body at the end of the tax year .....................
1a
14
If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule O.
b
Enter the number of voting members included in line 1a, above, who are independent ...................
1b
14
2
Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................
2
 
No
3
Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? .
3
 
No
4
Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? ...........................
4
 
No
5
Did the organization become aware during the year of a significant diversion of the organization’s assets? .
5
 
No
6
Did the organization have members or stockholders? ................
6
 
No
7a
Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? ....................
7a
 
No
b
Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? ...................
7b
 
No
8
Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:
a
The governing body? .........................
8a
Yes
 
b
Each committee with authority to act on behalf of the governing body? ............
8b
Yes
 
9
Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If "Yes," provide the names and addresses in Schedule O.......
9
 
No
Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.)
Yes
No
10a
Did the organization have local chapters, branches, or affiliates? ............
10a
 
No
b
If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes?
10b
 
 
11a
Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? ............................
11a
Yes
 
b
Describe in Schedule O the process, if any, used by the organization to review this Form 990. .....
12a
Did the organization have a written conflict of interest policy? If "No," go to line 13.......
12a
Yes
 
b
Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ..........................
12b
Yes
 
c
Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," describe in Schedule O how this was done.......................
12c
Yes
 
13
Did the organization have a written whistleblower policy? ...............
13
Yes
 
14
Did the organization have a written document retention and destruction policy? .........
14
 
No
15
Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?
a
The organization’s CEO, Executive Director, or top management official ...........
15a
Yes
 
b
Other officers or key employees of the organization ................
15b
Yes
 
If "Yes" to line 15a or 15b, describe the process in Schedule O (see instructions).
16a
Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................
16a
Yes
 
b
If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization’s exempt status with respect to such arrangements? ............
16b
Yes
 
Section C. Disclosure
17
List the States with which a copy of this Form 990 is required to be filedMediumBullet
PA , NJ , MD , DC , DE , VA
18
Section 6104 requires an organization to make its Form 1023 (or 1024 if applicable), 990, and 990-T (501(c)(3)s only) available for public inspection. Indicate how you made these available. Check all that apply.
19
Describe in Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year.
20
State the name, physical address, and telephone number of the person who possesses the books and records of the organization:
MediumBulletMICHAEL M CRIST1700 MARKET STREET19TH FLOORPHILADELPHIAPA19103 (215) 574-5800
Form 990 (2013)
Form 990 (2013)
Page 7
Part VII
Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Check if Schedule O contains a response or note to any line in this Part VII ..............
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

RoundBullet List all of the organization’s current key employees, if any. See instructions for definition of "key employee."
RoundBullet List the organization’s five current highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the
organization and any related organizations.

RoundBullet List all of the organization’s former officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.

RoundBullet List all of the organization’s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.

List persons in the following order: individual trustees or directors; institutional trustees; officers; key employees; highest
compensated employees; and former such persons.
Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.
(A)
Name and Title 		(B)
Average hours per week (list any hours for related organizations below dotted line) 		(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee) 		(D)
Reportable compensation from the organization (W- 2/1099-MISC) 		(E)
Reportable compensation from related organizations (W- 2/1099-MISC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(1) ANDREA ALLON........................................................................
BOARD MEMBER
 2.00
.......................   		X           0 0 0
(2) SCOTT M JENKINS........................................................................
BOARD MEMBER / TREASURER
 2.00
.......................   		X   X       0 0 0
(3) ARNIE GRAF........................................................................
BOARD MEMBER
 2.00
.......................   		X           0 0 0
(4) ROBERT E KEITH JR........................................................................
BOARD MEMBER / SECRETARY
 2.00
.......................   		X   X       0 0 0
(5) JOHN S SUMMERS........................................................................
CHAIRMAN OF BOARD
 2.00
.......................   		X   X       0 0 0
(6) JEROME SMALLEY........................................................................
BOARD MEMBER
 2.00
.......................   		X           0 0 0
(7) TRINITA LOGUE........................................................................
BOARD MEMBER
 2.00
.......................   		X           0 0 0
(8) WAYNE TROTMAN........................................................................
BOARD MEMBER
 2.00
.......................   		X           0 0 0
(9) MARK ZANDI........................................................................
BOARD MEMBER
 2.00
.......................   		X           0 0 0
(10) SIMRAN SIDHU........................................................................
BOARD MEMBER
 2.00
.......................   		X           0 0 0
(11) ELIZABETH SUR........................................................................
BOARD MEMBER
 2.00
.......................   		X           0 0 0
(12) PATRICIA WELLENBACH........................................................................
BOARD MEMBER
 2.00
.......................   		X           0 0 0
(13) WILLIAM JT STRAHAN........................................................................
VICE CHAIRMAN
 2.00
.......................   		X   X       0 0 0
(14) KATHERINE O'REGAN........................................................................
BOARD MEMBER
 2.00
.......................   		X           0 0 0
(15) DONALD HINKLE-BROWN........................................................................
CORP. PRESIDENT & CEO
 36.00
.......................4.00 		    X       382,301 0 29,139
(16) MICHAEL M CRIST........................................................................
EVP & CORP. TREASURER
 36.00
.......................4.00 		    X       248,507 0 10,761
(17) NANCY HORTON........................................................................
CORP. ASSISTANT SECRETARY
 40.00
.......................   		    X       59,030 0 8,111
Form 990 (2013)
Form 990 (2013)
Page 8
Part VII
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)
(A)
Name and Title 		(B)
Average hours per week (list any hours for related organizations below dotted line) 		(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee) 		(D)
Reportable compensation from the organization (W- 2/1099-MISC) 		(E)
Reportable compensation from related organizations (W- 2/1099-MISC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(18) MICHAEL CAMPBELL........................................................................
CORP. ASSISTANT SECRETARY
 40.00
.......................   		    X       49,047 0 1,661
(19) IRA GOLDSTEIN........................................................................
PRESIDENT OF POLICY SOLUTIONS
 40.00
.......................   		      X     168,933 0 23,301
(20) MAGGIE MCCULLOUGH........................................................................
PRESIDENT OF POLICYMAP
 40.00
.......................   		      X     170,576 0 23,526
(21) SUZANNE ALOI........................................................................
CORPORATE CONTROLLER
 40.00
.......................   		        X   157,868 0 7,022
(22) PATRICIA SMITH........................................................................
SENIOR POLICY ADVISOR
 40.00
.......................   		        X   142,158 0 13,943
(23) NANCY WAGNER-HISLIP........................................................................
EVP, CAPT'L STRUCTURE & LE
 40.00
.......................   		        X   145,875 0 22,441
(24) BARRY POROZNI........................................................................
CIO
 40.00
.......................   		        X   144,556 0 11,768
(25) GERTRUDE THOMAS........................................................................
VP OF SALES
 40.00
.......................   		        X   185,493 0 19,891










1b Sub-Total................MediumBullet
c Total from continuation sheets to Part VII, Section A....MediumBullet
d Total (add lines 1b and 1c)............MediumBullet 1,854,344 0 171,564
2
Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organizationMediumBullet20
Yes
No
3
Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If "Yes," complete Schedule J for such individual ..............
3
 
No
4
For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If "Yes," complete Schedule J for such individual...........................
4
Yes
 
5
Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If "Yes," complete Schedule J for such person ........
5
 
No
Section B. Independent Contractors
1
Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization’s tax year.
(A)
Name and business address 		(B)
Description of services 		(C)
Compensation
3D-LOCATION INC821 TRACTION AVENUELOS ANGELESCA90013 WEB HOSTING & DVLPMT 830,106
MCGLADREY LLP751 ARBOR WAY STE 200BLUE BELLPA19422 ACCOUNTING SERVICES 234,900
BOXWOOD MEANS INC68 SOUTHFIELD AVENUESTAMFORDCT06902 DATA PURCHASE 181,800
COHN REZNICK LLP500 E PRATT STREET SUITE 200BALTIMOREMD21202 ACCOUNTING SERVICES 179,035
2
Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization MediumBullet4
Form 990 (2013)
Form 990 (2013)
Page 9
Part VIII
Statement of Revenue
Check if Schedule O contains a response or note to any line in this Part VIII .............
(A)
Total revenue 		(B)
Related or
exempt
function
revenue 		(C)
Unrelated
business
revenue 		(D)
Revenue
excluded from
tax under sections
512-514
Contributions, Gifts, GrantAmt and OtherAmt Similar Amounts 1a Federated campaigns..1a  
b Membership dues....1b  
c Fundraising events....1c  
d Related organizations...1d  
e Government grants (contributions)1e 12,460,109
f All other contributions, gifts, grants, and
similar amounts not included above1f 		3,961,923
g Noncash contributions included in lines
1a-1f:$ 		 
h Total. Add lines 1a-1f.......MediumBullet 16,422,032
Program Service RevenueAmt Business Code
2a INTEREST 525990 10,805,762 10,805,762    
b NMTC PLACEMENT FEES 900099 2,090,375 2,090,375    
c ASSET MANAGEMENT FEES 561000 1,703,893 1,703,893    
d LOAN & LEASE FEES 525990 817,741 817,741    
e POLICYMAP REVENUES 900099 333,319   333,319  
f All other program service revenue . 1,127,042 1,041,639 85,403  
g Total. Add lines 2a–2f........MediumBullet 16,878,132
OtherAmt RevenueAmt 3 Investment income (including dividends, interest, and other similar amounts).......MediumBullet 403,810     403,810
4 Income from investment of tax-exempt bond proceeds..MediumBullet        
5 Royalties...........MediumBullet        
(i) Real (ii) Personal
6a Gross rents 113,671  
b Less: rental expenses 374,816  
c Rental income or (loss) -261,145  
d Net rental income or (loss).......MediumBullet -261,145 -261,145    
(i) Securities (ii) Other
7a Gross amount from sales of assets other than inventory   481,142
b Less: cost or other basis and sales expenses 210,871 0
c Gain or (loss) -210,871 481,142
d Net gain or (loss)..........MediumBullet 270,271     270,271
8a Gross income from fundraising events (not including
$  
of contributions reported on line 1c). See Part IV, line 18 ..
a  
b Less: direct expenses ...b  
c Net income or (loss) from fundraising events..MediumBullet      
9a Gross income from gaming activities.
See Part IV, line 19 ...
a  
b Less: direct expenses ...b  
c Net income or (loss) from gaming activities...MediumBullet        
10a Gross sales of inventory, less
returns and allowances .
a  
b Less: cost of goods sold ..b  
c Net income or (loss) from sales of inventory..MediumBullet        
Miscellaneous Revenue Business Code
11a EQUITY GAINS IN SUBSIDIARY 525990 1,164,538 1,164,538    
b LOSSES FROM PARTNERSHIP 525990 -619,556 -619,556    
c            
d All other revenue ....        
e Total. Add lines 11a–11d ...... MediumBullet 544,982
12 Total revenue. See Instructions......MediumBullet 34,258,082 16,743,247 418,722 674,081
Form 990 (2013)
Form 990 (2013)
Page 10
Part IX
Statement of Functional Expenses
Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).Check if Schedule O contains a response or note to any line in this Part IX ...............
Do not include amounts reported on lines 6b,
7b, 8b, 9b, and 10b of Part VIII. 		(A)
Total expenses 		(B)
Program service expenses 		(C)
Management and general expenses 		(D)
Fundraising expenses
1 Grants and other assistance to governments and organizations in the United States. See Part IV, line 21 2,778,341 2,778,341
2 Grants and other assistance to individuals in the United States. See Part IV, line 22    
3 Grants and other assistance to governments, organizations, and individuals outside the United States. See Part IV, lines 15 and 16    
4 Benefits paid to or for members    
5 Compensation of current officers, directors, trustees, and key employees .... 2,025,908 1,260,390 765,518  
6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ....        
7 Other salaries and wages 5,083,830 3,138,390 1,923,940 21,500
8 Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) .... 228,432 143,639 84,028 765
9 Other employee benefits ....... 649,895 438,331 208,618 2,946
10 Payroll taxes ........... 530,305 336,141 192,375 1,789
11 Fees for services (non-employees):        
a Management ......        
b Legal ......... 191,329 90,899 100,430  
c Accounting ........... 250,370 250,370    
d Lobbying ...........        
e Professional fundraising services. See Part IV, line 17    
f Investment management fees ......        
g Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O) ........ 1,129,736 986,576 143,160  
12 Advertising and promotion .... 270,064 250,230 19,834  
13 Office expenses ....... 413,112 282,360 130,752  
14 Information technology ...... 268,533 268,533    
15 Royalties ..        
16 Occupancy ........... 675,021 466,837 208,184  
17 Travel ............ 159,047 96,181 62,866  
18 Payments of travel or entertainment expenses for any federal, state, or local public officials ......        
19 Conferences, conventions, and meetings .... 214,053 102,680 111,373  
20 Interest ........... 4,477,301 4,477,301    
21 Payments to affiliates .......        
22 Depreciation, depletion, and amortization ..... 1,120,394 1,120,394    
23 Insurance .............. 113,111 76,948 36,163  
24 Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a PROVISION FOR LOAN LOSS 1,233,787 1,233,787    
b STAFF DEVELOPMENT/RECRU 107,821 71,950 35,871  
c BANK FEES 76,013 76,013    
d LOAN PROCESSING EXPENSE 37,692 37,692    
e All other expenses 237,852 237,051 801  
25 Total functional expenses. Add lines 1 through 24e 22,271,947 18,221,034 4,023,913 27,000
26 Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here MediumBullet if following SOP 98-2 (ASC 958-720).        
Form 990 (2013)
Form 990 (2013)
Page 11
Part X Balance Sheet Check if Schedule O contains a response or note to any line in this Part X ..............
(A)
Beginning of year 		(B)
End of year
Assets 1 Cash–non-interest-bearing .............   1  
2 Savings and temporary cash investments ......... 40,401,871 2 47,030,627
3 Pledges and grants receivable, net ........... 6,794,858 3 13,896,070
4 Accounts receivable, net ............. 2,394,416 4 2,694,970
5 Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of
Schedule L ..................
  5  
6 Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations (see instructions) Complete Part II of Schedule L
  6  
7 Notes and loans receivable, net ............. 169,345,019 7 181,224,420
8 Inventories for sale or use ..............   8  
9 Prepaid expenses and deferred charges .......... 211,198 9 245,764
10a Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D 10a 7,878,602
b Less: accumulated depreciation ..... 10b 5,035,800 3,193,154 10c 2,842,802
11 Investments—publicly traded securities .......... 40,999,543 11 35,444,445
12 Investments—other securities. See Part IV, line 11 .....   12  
13 Investments—program-related. See Part IV, line 11 .....   13  
14 Intangible assets ...............   14  
15 Other assets. See Part IV, line 11 ........... 13,776,070 15 2,668,199
16 Total assets. Add lines 1 through 15 (must equal line 34)...... 277,116,129 16 286,047,297
Liabilities 17 Accounts payable and accrued expenses ......... 2,775,418 17 2,921,523
18 Grants payable ................. 120,666 18 244,891
19 Deferred revenue ................ 6,627,789 19 4,662,227
20 Tax-exempt bond liabilities .............   20  
21 Escrow or custodial account liability. Complete Part IV of Schedule D.. 2,305,621 21 3,516,842
22 Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified
persons. Complete Part II of Schedule L..........   22  
23 Secured mortgages and notes payable to unrelated third parties .. 20,480,747 23 35,074,263
24 Unsecured notes and loans payable to unrelated third parties .... 119,900,607 24 104,197,437
25 Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D.................... 8,162,022 25 6,841,892
26 Total liabilities. Add lines 17 through 25......... 160,372,870 26 157,459,075
Net Assets or Fund Balance Organizations that follow SFAS 117 (ASC 958), check here MediumBullet and complete lines 27 through 29, and lines 33 and 34.
27 Unrestricted net assets .............. 34,202,951 27 40,232,060
28 Temporarily restricted net assets ........... 33,549,931 28 39,587,151
29 Permanently restricted net assets ........... 48,990,377 29 48,769,011
Organizations that do not follow SFAS 117 (ASC 958), check here MediumBullet and complete lines 30 through 34.
30 Capital stock or trust principal, or current funds ........   30  
31 Paid-in or capital surplus, or land, building or equipment fund .....   31  
32 Retained earnings, endowment, accumulated income, or other funds   32  
33 Total net assets or fund balances ........... 116,743,259 33 128,588,222
34 Total liabilities and net assets/fund balances ........ 277,116,129 34 286,047,297
Form 990 (2013)
Form 990 (2013)
Page 12
Part XI
Reconcilliation of Net Assets
Check if Schedule O contains a response or note to any line in this Part XI ..............
1
Total revenue (must equal Part VIII, column (A), line 12) ............
1
34,258,082
2
Total expenses (must equal Part IX, column (A), line 25) ............
2
22,271,947
3
Revenue less expenses. Subtract line 2 from line 1 ..............
3
11,986,135
4
Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A)) ..
4
116,743,259
5
Net unrealized gains (losses) on investments ...............
5
-204,050
6
Donated services and use of facilities .................
6
 
7
Investment expenses .....................
7
 
8
Prior period adjustments .....................
8
 
9
Other changes in net assets or fund balances (explain in Schedule O) ........
9
62,878
10
Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 33, column (B))
10
128,588,222
Part XII
Financial Statements and Reporting
Check if Schedule O contains a response or note to any line in this Part XII .............
Yes
No
1
Accounting method used to prepare the Form 990:  
If the organization changed its method of accounting from a prior year or checked "Other," explain in
Schedule O.
2a
Were the organization’s financial statements compiled or reviewed by an independent accountant?
2a
 
No
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both:
b
Were the organization’s financial statements audited by an independent accountant?
2b
Yes
 
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were audited on a separate basis, consolidated basis, or both:
c
If "Yes," to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant?
2c
Yes
 
If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.
3a
As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit Act and OMB Circular A-133?
3a
Yes
 
b
If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits.
3b
Yes
 
Form 990 (2013)
Form 990, Special Condition Description:
Special Condition Description
Additional Data


Software ID:  
Software Version:  
SCHEDULE A
(Form 990 or 990EZ)

Department of the Treasury
Internal Revenue Service
Public Charity Status and Public Support
Complete if the organization is a section 501(c)(3) organization or a section 4947(a)(1) nonexempt charitable trust.
right arrow Attach to Form 990 or Form 990-EZ. right arrow See separate instructions.
right arrow Information about Schedule A (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public
Inspection
Name of the organization
THE REINVESTMENT FUND INC
 
Employer identification number

23-2331946
Part I
Reason for Public Charity Status (All organizations must complete this part.) See instructions.
The organization is not a private foundation because it is: (For lines 1 through 11, check only one box.)
1
2
3
4
5
section 170(b)(1)(A)(iv). (Complete Part II.)
6
7
8
9
receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 331/3% of
its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses
acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)
10
11
e
f
g
(i) A person who directly or indirectly controls, either alone or together with persons described in (ii)
Yes
No
and (iii) below, the governing body of the supported organization? ................
11g(i)
 
 
(ii) A family member of a person described in (i) above? ......................
11g(ii)
 
 
(iii) A 35% controlled entity of a person described in (i) or (ii) above? ................
11g(iii)
 
 
h
Provide the following information about the supported organization(s).
(i) Name of supported organization (ii) EIN (iii) Type of organization (described on lines 1- 9 above or IRC section (see instructions)) (iv) Is the organization in col. (i) listed in your governing document? (v) Did you notify the organization in col. (i) of your support? (vi) Is the organization in col. (i) organized in the U.S.? (vii) Amount of monetary support
Yes No Yes No Yes No
Total  

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990EZ.
Cat. No. 11285F
Schedule A (Form 990 or 990-EZ) 2013
Schedule A (Form 990 or 990-EZ) 2013
Page 2
Part II
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization fails to qualify under the tests listed below, please complete Part III.)
Section A. Public Support
Calendar year (or fiscal year beginning in) right arrow (a) 2009 (b) 2010 (c) 2011 (d) 2012 (e) 2013 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .... 18,284,973 15,761,352 17,490,871 12,135,158 16,422,032 80,094,386
2 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.......            
3 The value of services or facilities furnished by a governmental unit to the organization without charge..            
4 Total. Add lines 1 through 3 18,284,973 15,761,352 17,490,871 12,135,158 16,422,032 80,094,386
5 The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f).. 8,649,180
6 Public support. Subtract line 5 from line 4. 71,445,206
Section B. Total Support
Calendar year (or fiscal year beginning in) right arrow (a) 2009 (b) 2010 (c) 2011 (d) 2012 (e) 2013 (f) Total
7 Amounts from line 4.. 18,284,973 15,761,352 17,490,871 12,135,158 16,422,032 80,094,386
8 Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... 393,678 525,982 1,218,806 1,372,832 517,481 4,028,779
9 Net income from unrelated business activities, whether or not the business is regularly carried on.. -3,263 -104,180 -464 84,575 -136,737 -160,069
10 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part IV.)..            
11 Total support (Add lines 7 through 10). 83,963,096
12
12
69,647,647
13
First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a 501(c)(3) organization, check this box and stop here.................................................right arrow
Section C. Computation of Public Support Percentage
14
14
85.090 %
15
15
83.430 %
16a
b
17a
b
18
Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see
instructions ..................................................... right arrow
Schedule A (Form 990 or 990-EZ) 2013
Schedule A (Form 990 or 990-EZ) 2013
Page 3
Part III
Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 9 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)
Section A. Public Support
Calendar year (or fiscal year beginning in) right arrow (a) 2009 (b) 2010 (c) 2011 (d) 2012 (e) 2013 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .            
2 Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose......            
3 Gross receipts from activities that are not an unrelated trade or business under section 513..            
4 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...            
5 The value of services or facilities furnished by a governmental unit to the organization without charge..            
6 Total. Add lines 1 through 5.            
7a Amounts included on lines 1, 2, and 3 received from disqualified persons...            
b Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.            
c Add lines 7a and 7b..            
8 Public support (Subtract line 7c from line 6.)  
Section B. Total Support
Calendar year (or fiscal year beginning in) right arrow (a) 2009 (b) 2010 (c) 2011 (d) 2012 (e) 2013 (f) Total
9 Amounts from line 6...            
10a Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..            
b Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.            
c Add lines 10a and 10b.            
11 Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on.            
12 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part IV.) ..            
13 Total support. (Add lines 9, 10c, 11, and 12.)..            
14
Section C. Computation of Public Support Percentage
15
15
 
16
16
 
Section D. Computation of Investment Income Percentage
17
17
 
18
18
 
19a
b
20
Schedule A (Form 990 or 990-EZ) 2013
Schedule A (Form 990 or 990-EZ) 2013
Page 4
Part IV
Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; and Part III, line 12. Also complete this part for any additional information. (See instructions).
Facts And Circumstances Test
 
Explanation
 
 
 
 
Schedule A (Form 990 or 990-EZ) 2013

Additional Data


Software ID:  
Software Version:  
Schedule B
(Form 990, 990-EZ,
or 990-PF)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors
Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Name of the organization
THE REINVESTMENT FUND INC
 
Employer identification number

23-2331946
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ





Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......................... Arrow Bullet $  
Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2013)

Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
Page 2
Name of organization
THE REINVESTMENT FUND INC
  		Employer identification number

23-2331946
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
RESTRICTED
RESTRICTED
 

   
RESTRICTED
RESTRICTED
RESTRICTED, RESTRICTEDRESTRICTED

$RESTRICTED


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

   
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

   
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

   
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

   
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

   
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
Page 3
Name of organization
THE REINVESTMENT FUND INC
  		Employer identification number

23-2331946
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
Page 4
Name of organization
THE REINVESTMENT FUND INC
  		Employer identification number

23-2331946
Part III
Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
that total more than $1,000 for the year. Complete columns (a) through (e) and the following line entry.
For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a) No.
from
Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a) No.
from
Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a) No.
from
Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a) No.
from
Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

Additional Data


Software ID:  
Software Version:  
SCHEDULE C
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Political Campaign and Lobbying Activities

For Organizations Exempt From Income Tax Under section 501(c) and section 527
SchCMd Bullet Complete if the organization is described below.SchCMd Bullet Attach to Form 990 or Form 990-EZ.
SchCMd Bullet See separate instructions.SchCMd Bullet Information about Schedule C (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public
Inspection
If the organization answered "Yes" to Form 990, Part IV, Line 3, or Form 990-EZ, Part V, line 46 (Political Campaign Activities), then
Round Bullet Section 501(c)(3) organizations: Complete Parts I-A and B. Do not complete Part I-C.
Round Bullet Section 501(c) (other than section 501(c)(3)) organizations: Complete Parts I-A and C below. Do not complete Part I-B.
Round Bullet Section 527 organizations: Complete Part I-A only.
If the organization answered "Yes" to Form 990, Part IV, Line 4, or Form 990-EZ, Part VI, line 47 (Lobbying Activities), then
Round Bullet Section 501(c)(3) organizations that have filed Form 5768 (election under section 501(h)): Complete Part II-A. Do not complete Part II-B.
Round Bullet Section 501(c)(3) organizations that have NOT filed Form 5768 (election under section 501(h)): Complete Part II-B. Do not complete Part II-A.
If the organization answered "Yes" to Form 990, Part IV, Line 5 (Proxy Tax) or Form 990-EZ, Part V, line 35c (Proxy Tax), then
Round Bullet Section 501(c)(4), (5), or (6) organizations: Complete Part III.
Name of the organization
THE REINVESTMENT FUND INC
 
Employer identification number

23-2331946
Part I-A
Complete if the organization is exempt under section 501(c) or is a section 527 organization.

1
Provide a description of the organization’s direct and indirect political campaign activities in Part IV.
2
Political expenditures ....................................SchCMd Bullet
$  
3
Volunteer hours ........................................
 

Part I-B
Complete if the organization is exempt under section 501(c)(3).
1
Enter the amount of any excise tax incurred by the organization under section 4955 .........SchCMd Bullet
$  
2
Enter the amount of any excise tax incurred by organization managers under section 4955 ......SchCMd Bullet
$  
3
If the organization incurred a section 4955 tax, did it file Form 4720 for this year? ..............
4a
Was a correction made? .........................................
b
If "Yes," describe in Part IV.
Part I-C
Complete if the organization is exempt under section 501(c), except section 501(c)(3).
1
Enter the amount directly expended by the filing organization for section 527 exempt function activities SchCMd Bullet
$  
2
Enter the amount of the filing organization's funds contributed to other organizations for section 527 exempt function activities ...................................SchCMd Bullet

$  
3
Total exempt function expenditures. Add lines 1 and 2. Enter here and on Form 1120-POL, line 17b..SchCMd Bullet

$  
4
Did the filing organization file Form 1120-POL for this year? ..........................
5
Enter the names, addresses and employer identification number (EIN) of all section 527 political organizations to which the filing
organization made payments. For each organization listed, enter the amount paid from the filing organization’s funds. Also enter the amount of political contributions received that were promptly and directly delivered to a separate political organization, such as a separate segregated fund or a political action committee (PAC). If additional space is needed, provide information in Part IV.
(a) Name (b) Address (c) EIN (d) Amount paid from filing organization's funds. If none, enter -0-. (e) Amount of political contributions received and promptly and directly delivered to a separate political organization. If none, enter -0-.










For Paperwork Reduction Act Notice, see the instructions for Form 990 or 990-EZ.
Cat. No. 50084S
Schedule C (Form 990 or 990-EZ) 2013

Schedule C (Form 990 or 990-EZ) 2013
Page 2
Part II-A
Complete if the organization is exempt under section 501(c)(3) and filed Form 5768 (election under section 501(h)).
A Check SchCMd Bulletexpenses, and share of excess lobbying expenditures).
B Check SchCMd Bullet
Limits on Lobbying Expenditures
(The term "expenditures" means amounts paid or incurred.) 		(a) Filing
organization's
totals 		(b) Affiliated group
totals
1a Total lobbying expenditures to influence public opinion (grass roots lobbying) ......    
b Total lobbying expenditures to influence a legislative body (direct lobbying) ....... 100,104  
c Total lobbying expenditures (add lines 1a and 1b) ................... 100,104  
d Other exempt purpose expenditures ........................ 18,120,930  
e Total exempt purpose expenditures (add lines 1c and 1d) ............... 18,221,034  
f Lobbying nontaxable amount. Enter the amount from the following table in both
columns.		 1,000,000  
If the amount on line 1e, column (a) or (b) is:The lobbying nontaxable amount is:
Not over $500,00020% of the amount on line 1e.
Over $500,000 but not over $1,000,000$100,000 plus 15% of the excess over $500,000.
Over $1,000,000 but not over $1,500,000$175,000 plus 10% of the excess over $1,000,000.
Over $1,500,000 but not over $17,000,000$225,000 plus 5% of the excess over $1,500,000.
Over $17,000,000$1,000,000.
g Grassroots nontaxable amount (enter 25% of line 1f) ................. 250,000  
h Subtract line 1g from line 1a. If zero or less, enter -0-. ................ 0  
i Subtract line 1f from line 1c. If zero or less, enter -0-. ................ 0  
j If there is an amount other than zero on either line 1h or line 1i, did the organization file Form 4720 reporting
section 4911 tax for this year? ......................................

4-Year Averaging Period Under Section 501(h)
(Some organizations that made a section 501(h) election do not have to complete all of the five
columns below. See the instructions for lines 2a through 2f on page 4.)
Lobbying Expenditures During 4-Year Averaging Period
Calendar year (or fiscal year
beginning in) 		(a) 2010 (b) 2011 (c) 2012 (d) 2013 (e) Total
2a Lobbying nontaxable amount 580,927 934,517 1,000,000 1,000,000 3,515,444
b Lobbying ceiling amount
(150% of line 2a, column(e)) 		5,273,166
c Total lobbying expenditures   49,819 77,498 100,104 227,421
d Grassroots nontaxable amount 145,232 233,629 250,000 250,000 878,861
e Grassroots ceiling amount
(150% of line 2d, column (e))		 1,318,292
f Grassroots lobbying expenditures          
Schedule C (Form 990 or 990-EZ) 2013


Schedule C (Form 990 or 990-EZ) 2013
Page 3
Part II-B
Complete if the organization is exempt under section 501(c)(3) and has NOT filed Form 5768 (election under section 501(h)).
For each "Yes" response to lines 1a through 1i below, provide in Part IV a detailed description of the lobbying activity.
(a)
No
Yes
(b)
Amount
1
During the year, did the filing organization attempt to influence foreign, national, state or local legislation, including any attempt to influence public opinion on a legislative matter or referendum, through the use of:
a
Volunteers? .........................................
 
 
b
Paid staff or management (include compensation in expenses reported on lines 1c through 1i)? ....
 
 
c
Media advertisements? ....................................
 
 
 
d
Mailings to members, legislators, or the public? .........................
 
 
 
e
Publications, or published or broadcast statements? .......................
 
 
 
f
Grants to other organizations for lobbying purposes? .......................
 
 
 
g
Direct contact with legislators, their staffs, government officials, or a legislative body? ........
 
 
 
h
Rallies, demonstrations, seminars, conventions, speeches, lectures, or any similar means? ......
 
 
 
i
Other activities? ..........................
 
 
 
j
Total. Add lines 1c through 1i ...............................
 
2a
Did the activities in line 1 cause the organization to be not described in section 501(c)(3)? .....
 
 
b
If "Yes," enter the amount of any tax incurred under section 4912 .................
 
c
If "Yes," enter the amount of any tax incurred by organization managers under section 4912 .....
 
d
If the filing organization incurred a section 4912 tax, did it file Form 4720 for this year? .......
 
 
Part III-A
Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6).
Yes
No
1
Were substantially all (90% or more) dues received nondeductible by members? ................
1
 
 
2
Did the organization make only in-house lobbying expenditures of $2,000 or less? ................
2
 
 
3
Did the organization agree to carry over lobbying and political expenditures from the prior year? ..........
3
 
 
Part III-B
Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6) and if either (a) BOTH Part III-A, lines 1 and 2, are answered "No" OR (b) Part III-A, line 3, is answered “Yes."
1
Dues, assessments and similar amounts from members .....................
1
 
2
Section 162(e) nondeductible lobbying and political expenditures (do not include amounts of political
expenses for which the section 527(f) tax was paid).
a
Current year .........................................
2a
 
b
Carryover from last year ....................................
2b
 
c
Total ............................................
2c
 
3
Aggregate amount reported in section 6033(e)(1)(A) notices of nondeductible section 162(e) dues .
3
 
4
If notices were sent and the amount on line 2c exceeds the amount on line 3, what portion of the excess does the organization agree to carryover to the reasonable estimate of nondeductible lobbying and political expenditure next year? ................................
4
 
5
Taxable amount of lobbying and political expenditures (see instructions) ..............
5
 
Part IV
Supplemental Information
Provide the descriptions required for Part l-A, line 1; Part l-B, line 4; Part l-C, line 5; Part II-A (affiliated group list); Part II-A, line 2; and Part ll-B, line 1. Also, complete this part for any additional information.
Return Reference Explanation
Schedule C (Form 990 or 990EZ) 2013

Additional Data


Software ID:  
Software Version:  

SCHEDULE D
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Financial Statements
SchDMd Bullet Complete if the organization answered "Yes," to Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b
SchDMd Bullet Attach to Form 990. SchDMd Bullet See separate instructions. SchDMd Bullet Information about Schedule D (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public Inspection
Name of the organization
THE REINVESTMENT FUND INC
 
Employer identification number

23-2331946
Part I
Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" to Form 990, Part IV, line 6.
(a) Donor advised funds (b) Funds and other accounts
1 Total number at end of year .........    
2 Aggregate contributions to (during year) ...    
3 Aggregate grants from (during year) .....    
4 Aggregate value at end of year ........    
5
Did the organization inform all donors and donor advisors in writing that the assets held in donor advised
funds are the organization's property, subject to the organization's exclusive legal control? ............
6
Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be
used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................
Part II
Conservation Easements. Complete if the organization answered "Yes" to Form 990, Part IV, line 7.
1
Purpose(s) of conservation easements held by the organization (check all that apply).
2
Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.
Held at the End of the Year
a Total number of conservation easements ....................... 2a  
b Total acreage restricted by conservation easements .................. 2b  
c Number of conservation easements on a certified historic structure included in (a) ..... 2c  
d Number of conservation easements included in (c) acquired after 8/17/06, and not on a historic structure listed in the National Register .................... 2d  
3
Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during
the tax year SchDMd Bullet  
4
Number of states where property subject to conservation easement is located SchDMd Bullet  
5
Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and
enforcement of the conservation easements it holds? .............................
6
Staff and volunteer hours devoted to monitoring, inspecting, and enforcing conservation easements during the year
SchDMd Bullet  
7
Amount of expenses incurred in monitoring, inspecting, and enforcing conservation easements during the year
SchDMd Bullet $  
8
Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .......................................
9
In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" to Form 990, Part IV, line 8.
1a
If the organization elected, as permitted under SFAS 116 (ASC 958), not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.
b
If the organization elected, as permitted under SFAS 116 (ASC 958), to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:
(i)
Revenues included in Form 990, Part VIII, line 1 ........................SchDMd Bullet $  
(ii)
Assets included in Form 990, Part X ..............................SchDMd Bullet $  
2
If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under SFAS 116 (ASC 958) relating to these items:
a
Revenues included in Form 990, Part VIII, line 1 ..........................SchDMd Bullet $  
b
Assets included in Form 990, Part X ...............................SchDMd Bullet $  
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 52283D
Schedule D (Form 990) 2013

Schedule D (Form 990) 2013
Page 2
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)
3
Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):
a
d
b
e
 
c
4
Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.
5
During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?........
Part IV
Escrow and Custodial Arrangements. Complete if the organization answered "Yes" to Form 990,
Part IV, line 9, or reported an amount on Form 990, Part X, line 21.
1a
Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................
b
If "Yes," explain the arrangement in Part XIII and complete the following table:
Amount
c Beginning balance ................................. 1c 2,305,621
d Additions during the year .............................. 1d 2,101,254
e Distributions during the year ............................. 1e 890,033
f Ending balance ................................... 1f 3,516,842
2a
Did the organization include an amount on Form 990, Part X, line 21? .....................
b
If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ........
Part V
Endowment Funds. Complete if the organization answered "Yes" to Form 990, Part IV, line 10.
(a)Current year (b)Prior year b (c)Two years back (d)Three years back (e)Four years back
1a Beginning of year balance ....          
b Contributions ........          
c Net investment earnings, gains, and losses          
d Grants or scholarships .....          
e Other expenditures for facilities
and programs ........ 		         
f Administrative expenses ....          
g End of year balance ......          
2
Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:
a
Board designated or quasi-endowment SchDMd Bullet  
b
Permanent endowment SchDMd Bullet  
c
Temporarily restricted endowment SchDMd Bullet  
The percentages in lines 2a, 2b, and 2c should equal 100%.
3a
Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes
No
(i) unrelated organizations ........................
3a(i)
 
 
(ii) related organizations ........................
3a(ii)
 
 
b
If "Yes" to 3a(ii), are the related organizations listed as required on Schedule R? .........
3b
 
 
4
Describe in Part XIII the intended uses of the organization's endowment funds.
Part VI
Land, Buildings, and Equipment. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11a. See Form 990, Part X, line 10.
Description of property (a) Cost or other basis (investment) (b)Cost or other basis (other) (c) Accumulated depreciation (d) Book value
1a Land .................      
b Buildings ................        
c Leasehold improvements ............   1,045,593 180,074 865,519
d Equipment ................   374,237 188,477 185,760
e Other .................   6,458,772 4,667,249 1,791,523
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).).......SchDMdBullet 2,842,802
Schedule D (Form 990) 2013

Schedule D (Form 990) 2013
Page 3
Part VII
Investments—Other Securities. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11b. See Form 990, Part X, line 12.
(a) Description of security or category
(including name of security)		 (b)Book value (c) Method of valuation:
Cost or end-of-year market value
(1)Financial derivatives    
(2)Closely-held equity interests    
Other








Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)Small Bullet  
Part VIII
Investments—Program Related. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11c. See Form 990, Part X, line 13.
(a) Description of investment (b) Book value (c) Method of valuation:
Cost or end-of-year market value








Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)Small Bullet  
Part IX
Other Assets. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11d. See Form 990, Part X, line 15.
(a) Description (b) Book value








Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........Small Bullet  
Part X
Other Liabilities. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.
1.(a) Description of liability (b) Book value
Federal income taxes  
RESERVE FUNDS PAYABLE 5,916,525
ACCRUED LEASE INCENTIVE 925,367







Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)Small Bullet 6,841,892
2. Liability for uncertain tax positions In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII ..................................................
Schedule D (Form 990) 2013

Schedule D (Form 990) 2013
Page 4
Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return Complete if the organization answered 'Yes' to Form 990, Part IV, line 12a.
1 Total revenue, gains, and other support per audited financial statements ....... 1  
2 Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a Net unrealized gains on investments .......... 2a  
b Donated services and use of facilities ......... 2b  
c Recoveries of prior year grants ........... 2c  
d Other (Describe in Part XIII.) ............ 2d  
e Add lines 2a through 2d ..................... 2e  
3 Subtract line 2e from line 1..................... 3  
4 Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b . 4a  
b Other (Describe in Part XIII.) ........... 4b  
c Add lines 4a and 4b....................... 4c  
5 Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ...... 5  
Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' to Form 990, Part IV, line 12a.
1 Total expenses and losses per audited financial statements ........... 1  
2 Amounts included on line 1 but not on Form 990, Part IX, line 25:
a Donated services and use of facilities .......... 2a  
b Prior year adjustments .............. 2b  
c Other losses ................ 2c  
d Other (Describe in Part XIII.) ............ 2d  
e Add lines 2a through 2d...................... 2e  
3 Subtract line 2e from line 1..................... 3  
4 Amounts included on Form 990, Part IX, line 25, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b .. 4a  
b Other (Describe in Part XIII.) ............ 4b  
c Add lines 4a and 4b....................... 4c  
5 Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ...... 5  
Part XIII
Supplemental Information
Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b;
Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.
Return Reference Explanation
PART IV, LINE 2B: ESCROW ACCOUNTS FOR LENDING ACTIVITY
PART X, LINE 2: THE ORGANIZATION IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE ORGANIZATION QUALIFIES FOR CHARITABLE CONTRIBUTION DEDUCTIONS AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. INCOME WHICH IS NOT RELATED TO EXEMPT PURPOSES, LESS APPLICABLE DEDUCTIONS, IS SUBJECT TO FEDERAL AND STATE CORPORATE INCOME TAXES. THE ORGANIZATION HAD NO NET UNRELATED BUSINESS INCOME TAX FOR THE YEARS ENDED DECEMBER 31, 2013 AND 2012. MANAGEMENT EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. CONSEQUENTLY, NO ACCRUAL FOR INTEREST AND PENALTIES WAS DEEMED NECESSARY FOR THE YEARS ENDED DECEMBER 31, 2013 AND 2012. THE ORGANIZATION FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. GENERALLY, THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2010.
Schedule D (Form 990) 2013

Additional Data


Software ID:  
Software Version:  




Schedule I
(Form 990)
Department of the Treasury
Internal Revenue Service
Grants and Other Assistance to Organizations,
Governments and Individuals in the United States
Complete if the organization answered "Yes," to Form 990, Part IV, line 21 or 22.
lBullet Attach to Form 990
lBullet Information about Schedule I (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public
Inspection
Name of the organization
THE REINVESTMENT FUND INC
 
Employer identification number
23-2331946
Part I
General Information on Grants and Assistance
1
Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ....................................
2
Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.
Part II
Grants and Other Assistance to Governments and Organizations in the United States. Complete if the organization answered "Yes" to
Form 990, Part IV, line 21, for any recipient that received more than $5,000. Part II can be duplicated if additional space is needed.
(a) Name and address of organization
or government		 (b) EIN (c) IRC Code section
if applicable		 (d) Amount of cash grant (e) Amount of non-cash
assistance		 (f) Method of valuation
(book, FMV, appraisal,
other)		 (g) Description of
non-cash assistance		 (h) Purpose of grant
or assistance
(1) JR MARKETS INC
508 HURFFVILE CROSSKEYS ROAD
SEWELL,NJ08080 		45-5033187   7,307   FMV - CASH   RWJ - NJ FRESH FOOD FINANCING
(2) BADEN ACADEMY CHARTER SCHOOL
1016 STATE STREET
BADEN,PA15005 		46-4841230 501(C)(3) 37,632   FMV - CASH   DCED PA OPPORTUNITY
(3) GREENSGROW PHILADELPHIA PROJECT INC
2503 E FIRTH STREET
PHILADELPHIA,PA19125 		23-2989249 501(C)(3) 36,856   FMV - CASH   DCED PA OPPORTUNITY
(4) SOUTH PHILLY FOOD CO-OP
1315 WALNUT STREET SUITE 522
PHILADELPHIA,PA19147 		27-3627049   19,520   FMV - CASH   DCED PA OPPORTUNITY
(5) WELCOMING CENTER FOR NEW PENNSYLVANIANS
1617 JOHN F KENNEDY BLVD SUITE 555
PHILADELPHIA,PA19103 		23-3001411 501(C)(3) 27,709   FMV - CASH   DCED PA OPPORTUNITY
(6) SEDA- COG HOUSING DEVELOPMENT CORPORATION
201 FURNANCE ROAD
LEWISBURGH,PA17873 		23-2782149   7,950   FMV - CASH   DCED PA OPPORTUNITY
(7) PENNSYLVANIA INTERFAITH COMMUNITY PROGRAM INC
40 EAST HIGH STREET
GETTYSBURGH,PA17325 		23-2015671   31,415   FMV - CASH   DCED PA OPPORTUNITY
(8) SOLAR GRID STORAGE
3931 SAWMILL ROAD
DOYLESTOWN,PA18902 		46-1449783   55,000   FMV - CASH   RENEWABLE ENERGY
(9) MALLUE MARKETS
108 LACEY ROAD
WHITING,NJ08759 		46-0923544   38,000   FMV - CASH   RWJ - NJ FRESH FOOD FINANCING
(10) CLARK MARKET
104 DRIFT ROAD
FREEHOLD,NJ07728 		45-3765671   25,062   FMV - CASH   RWJ - NJ FRESH FOOD FINANCING
(11) COLONIAL FARMS FOOD MARKET
DWB PROPERTIES 137 WEST STATE
STREET
TRENTON,NJ08608 		22-2864299   10,330   FMV - CASH   RWJ - NJ FRESH FOOD FINANCING
(12) MICHAELS DEVELOPMENT COMPNAY
3 EAST STOW ROAD SUITE 100 PO BOX
994
MARLTON,NJ08053 		22-3230337   8,900   FMV - CASH   RWJ - NJ FRESH FOOD FINANCING
(13) AUTISM'S HOUSING DEVELOPMENT CORPORATON OF PITTSBURGH
11676 PERRY HIGHWAY
WEXFORD,PA15090 		45-2692263   25,379   FMV - CASH   DCED PA OPPOURNITY
(14) BROAD STREET MINISTRY
315 SOUTH BROAD STREET
PHILADELPHIA,PA19107 		20-2760310 501(C)(3) 28,000   FMV - CASH   DCED PA OPPOURNITY
(15) CAPITAL AREA SCHOOL FOR THE ARTS CHARTER SCHOOL
150 STRAWBERRY SQUARE
HARRISBURG,PA17101 		30-0767388 501(C)(3) 75,742   FMV - CASH   DCED PA OPPOURNITY
(16) CHESTER HOUSING AUTHORITY
1111 AVENUE OF THE STATES 3RD FLOOR
FLOOR
CHESTER,PA19013 		23-6000831   46,400   FMV - CASH   DCED PA OPPOURNITY
(17) CIRCLE OF SEASONS CHARTER SCOOL
8380 MOHR LANE
FOGELSVILLE,PA18051 		27-4031788   95,000   FMV - CASH   DCED PA OPPOURNITY
(18) COMMON MARKET PHILADELPHIA INC
428 E ERIE AVENUE
PHILADELPHIA,PA19134 		51-0375688   75,000   FMV - CASH   DCED PA OPPOURNITY
(19) COMMUNITY VENTURES
1501 CHERRY STREET
PHILADELPHIA,PA19102 		23-2462126 501(C)(3) 50,000   FMV - CASH   DCED PA OPPOURNITY
(20) GAUDENZIA FOUNDATION INC
106 WEST MAIN STREET
NORRISTOWN,PA19401 		23-2141307   50,000   FMV - CASH   DCED PA OPPOURNITY
(21) GENESIS HOUSING CORPORATION
PO BOX 1170 208 DEKALB PIKE SUITE
212
NORRISTOWN,PA19404 		23-2785337 501(C)(3) 50,000   FMV - CASH   DCED PA OPPOURNITY
(22) HOUSING VISIONS CONSULTANTS INC
1201 E FAYETTE STREET
SYRACUSE,NY13210 		16-1598458   37,500   FMV - CASH   DCED PA OPPOURNITY
(23) INTERCOMMUNITY ACTION INC
6012 RIDGE AVENUE
PHILADELPHIA,PA19128 		23-1875249   50,000   FMV - CASH   DCED PA OPPOURNITY
(24) KENSINGTON COMMUNITY FOOD CO-OP
PO BOX 15234
PHILADELPHIA,PA19125 		27-0659917   25,000   FMV - CASH   DCED PA OPPOURNITY
(25) MEMPHIS STREET ACADEMY CHARTER SCHOOL
4 GREENTREE CENTER 13000 LINCOLN DR
WEST SUITE 302
MARLTON,NJ08053 		45-5441135 501(C)(3) 95,000   FMV - CASH   DCED PA OPPOURNITY
(26) MISSION FIRST HOUSING DEVELOPMENT CORPORATION
1330 NEW HAMPSHIRE AVE NW 116
WASHINGTON,DC20036 		27-1824650 501(C)(3) 61,931   FMV - CASH   DCED PA OPPOURNITY
(27) PATHSTONE ALLIANCE FOR BETTER HOUSING
648 BUENA VISTA DRIVE
KENNETT SQUARE,PA19248 		23-2754537 501(C)(3) 43,669   FMV - CASH   DCED PA OPPOURNITY
(28) PENNSYLVANIA ASSOCIATION FOR SUSTAINABLE AGRICULTURE (PASA)
PO BOX 419 ATTN CARRIE RYAN
MILLHEIM,PA16854 		25-1685497 501(C)(3) 19,797   FMV - CASH   DCED PA OPPOURNITY
(29) PEOPLE'S EMERGENCY CENTER COMMUNITY DEVELOPMENT CORPORATION
325 N 39TH STREET
PHILADELPHIA,PA19104 		23-2687223   50,000   FMV - CASH   DCED PA OPPOURNITY
(30) PHI DBA PRESBYTERIAN SENIOR LIVING
1 TRINITY DRIVE EAST SUITE 201
DILLSBURG,PA17019 		23-1381404 501(C)(3) 75,000   FMV - CASH   DCED PA OPPOURNITY
(31) PHILADELPHIA CHARTER SCHOOLS FOR ARTS AND SCIENCES AT HR EDMUNDS
13000 LINCOLN DRIVE WEST SUITE 302
MARLTON,NJ08053 		45-5446616 501(C)(3) 95,000   FMV - CASH   DCED PA OPPOURNITY
(32) PREMIER ARTS AND SCIENCE CHARTER SCHOOL
500 N 17TH STREET
HARRISBURG,PA17103 		45-5028992 501(C)(3) 95,000   FMV - CASH   DCED PA OPPOURNITY
(33) SUSQUEHANNA SUSTAINABLE BUSINESS NETWORK
PO BOX 42
MARIETTA,PA17547 		75-3235798   19,562   FMV - CASH   DCED PA OPPOURNITY
(34) WOMEN'S COMMUNITY REVITALIZATION PROJECT
407-11 FAIRMOUNT AVENUE
PHILADELPHIA,PA19123 		22-2840188 501(C)(3) 35,383   FMV - CASH   DCED PA OPPORTUNITY
(35) SMUCKER'S MEATS LLC
735 PINKERTON ROAD
MOUNT JOY,PA17552 		23-1499738   41,487   FMV - CASH   WP - PA FRESH FOOD PROGRAM
(36) WILLSTOWN CONSERVATION TRUST
925 PROVIDENCE ROAD
NEWTOWN SQUARE,PA19073 		23-2841453 501(C)(3) 30,000   FMV - CASH   WP - PA FRESH FOOD PROGRAM
(37) HERITAGE SHELLFISH
200 TRINITY ROAD
YORK,PA17408 		46-3946442   30,862   FMV - CASH   WP - PA FRESH FOOD PROGRAM
(38) FARM TO CITY
1315 WALNUT STREET SUITE 1526
PHILADELPHIA,PA19107 		37-1567679   24,500   FMV - CASH   WP - PA FRESH FOOD PROGRAM
(39) SEED FARM
4184 DORNEY PARK ROAD SUITE 107
ALLENTOWN,PA18104 		27-4659716 501(C)(3) 36,554   FMV - CASH   WP - PA FRESH FOOD PROGRAM
(40) LITTLE BABIES
2311 FRANKFORD AVENUE
PHILADELPHIA,PA19125 		45-0668495   28,500   FMV - CASH   WP - PA FRESH FOOD PROGRAM
(41) PARTNERS FOR SACRED PLACES
1700 SANSOM STREET 10TH FLOOR
PHILADELPHIA,PA19103 		23-2560361 501(C)(3) 35,000   FMV - CASH   WP - PA FRESH FOOD PROGRAM
(42) FAIR FOOD
1315 WALNUT STREET SUITE 522
PHILADELPHIA,PA19107 		27-0656350 501(C)(3) 41,415   FMV - CASH   WP - PA FRESH FOOD PROGRAM
(43) SAINT FRANCIS
SMALL BUSINESS DEVELOPMENT CENTER
PO BOX 600
LORETTO,PA15940 		23-2865643   179,966   FMV - CASH   RENEWABLE ENERGY
(44) OPEN SKY ENERGY
407 DARTMOUTH AVENUE
SWARTHMORE,PA19081 		26-3159780   20,000   FMV - CASH   RENEWABLE ENERGY
(45) PA DEPARTMENT OF CONSERVATION AND NATURAL RESOURCES
PO BOX 8451
HARRISBURG,PA17105 		25-1773197   16,000   FMV - CASH   RENEWABLE ENERGY
2
Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................ Bullet Image
22
3
Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image
23
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50055P
Schedule I (Form 990) 2013

Schedule I (Form 990) 2013
Page 2
Part III
Grants and Other Assistance to Individuals in the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 22.
Part III can be duplicated if additional space is needed.
(a)Type of grant or assistance (b)Number of
recipients		 (c)Amount of
cash grant		 (d)Amount of
non-cash assistance		 (e)Method of valuation (book,
FMV, appraisal, other)		 (f)Description of non-cash assistance












Part IV
Supplemental Information. Provide the information required in Part I, line 2, Part III, column (b), and any other additional information.
Return Reference Explanation
PART I, LINE 2: APPLICATIONS FOR GRANTS ARE RECEIVED AND PROCESSED BY THE APPLICABLE PROGRAM MANAGER. ONCE APPROVED, GRANT DISBURSEMENTS ARE PROCESSED BY THE FINANCE DEPARTMENT. ONGOING COMPLIANCE WITH THE GRANT TERMS ARE MONITORED AND MAINTAINED BY THE APPLICABLE PROGRAM MANAGER AND THE FINANCE DEPARTMENT.
Schedule I (Form 990) 2013


Additional Data


Software ID:  
Software Version:  


Schedule J
(Form 990)
Department of the Treasury
Internal Revenue Service
Compensation Information
For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
SchJMediumBullet Complete if the organization answered "Yes" to Form 990, Part IV, line 23.
SchJMediumBullet Attach to Form 990. SchJMediumBullet See separate instructions.
SchJMediumBullet Information about Schedule J (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public Inspection
Name of the organization
THE REINVESTMENT FUND INC
 
Employer identification number

23-2331946
Part I
Questions Regarding Compensation
Yes
No
1a
Check the appropiate box(es) if the organization provided any of the following to or for a person listed in Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.
b
If any of the boxes in line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain....
1b
 
No
2
Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked in line 1a? ..
2
Yes
 
3
Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.
4
During the year, did any person listed in Form 990, Part VII, Section A, line 1a with respect to the filing organization or a related organization:
a
Receive a severance payment or change-of-control payment? ................
4a
 
No
b
Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........
4b
 
No
c
Participate in, or receive payment from, an equity-based compensation arrangement? .........
4c
 
No
If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.
Only 501(c)(3) and 501(c)(4) organizations only must complete lines 5-9.
5
For persons listed in Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:
a
The organization? ...........................
5a
 
No
b
Any related organization? .........................
5b
 
No
If "Yes," to line 5a or 5b, describe in Part III.
6
For persons listed in Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:
a
The organization? ...........................
6a
 
No
b
Any related organization? .........................
6b
 
No
If "Yes," to line 6a or 6b, describe in Part III.
7
For persons listed in Form 990, Part VII, Section A, line 1a, did the organization provide any non-fixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............
7
 
No
8
Were any amounts reported in Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III .............................
8
 
No
9
If "Yes" to line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................
9
 
 
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50053T
Schedule J (Form 990) 2013

Schedule J (Form 990) 2013
Page 2
Part II
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.
For each individual whose compensation must be reported in Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.
(A) Name and Title (B) Breakdown of W-2 and/or 1099-MISC compensation (C) Retirement and other deferred compensation (D) Nontaxable
benefits		 (E) Total of columns
(B)(i)-(D) 		(F) Compensation
reported as deferred
in prior Form 990
(i) Base compensation (ii) Bonus & incentive compensation (iii) Other reportable compensation
(1)DONALD HINKLE-BROWNCORP. PRESIDENT & CEO (i)
(ii)		 320,220
0 		52,000
0 		10,081
0 		10,200
0 		18,939
0 		411,440
0 		0
0
(2)MICHAEL M CRISTEVP & CORP. TREASURER (i)
(ii)		 227,840
0 		0
0 		20,667
0 		10,026
0 		735
0 		259,268
0 		0
0
(3)IRA GOLDSTEINPRESIDENT OF POLICY SOLUTIONS (i)
(ii)		 168,440
0 		0
0 		493
0 		6,820
0 		16,481
0 		192,234
0 		0
0
(4)MAGGIE MCCULLOUGHPRESIDENT OF POLICYMAP (i)
(ii)		 169,840
0 		0
0 		736
0 		7,029
0 		16,497
0 		194,102
0 		0
0
(5)SUZANNE ALOICORPORATE CONTROLLER (i)
(ii)		 143,150
0 		0
0 		14,718
0 		6,525
0 		497
0 		164,890
0 		0
0
(6)PATRICIA SMITHSENIOR POLICY ADVISOR (i)
(ii)		 135,754
0 		0
0 		6,404
0 		5,826
0 		8,117
0 		156,101
0 		0
0
(7)NANCY WAGNER-HISLIPEVP, CAPT'L STRUCTURE & LE (i)
(ii)		 145,440
0 		0
0 		435
0 		6,017
0 		16,424
0 		168,316
0 		0
0
(8)BARRY POROZNICIO (i)
(ii)		 136,060
0 		0
0 		8,496
0 		5,852
0 		5,916
0 		156,324
0 		0
0
(9)GERTRUDE THOMASVP OF SALES (i)
(ii)		 169,916
0 		0
0 		15,577
0 		3,410
0 		16,481
0 		205,384
0 		0
0
Schedule J (Form 990) 2013

Schedule J (Form 990) 2013
Page 3
Part III
Supplemental Information
Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II.
Also complete this part for any additional information.
Return Reference Explanation
PART I, LINE 1A ALTHOUGH THE ORGANIZATION DOES NOT HAVE A WRITTEN POLICY, IT IS OUR PRACTICE FOR COMPANION TRAVEL COST PURCHASED ON CORPORATE CREDIT CARD, AS A CONVENIENCE, BE REIMBURSED BY THE STAFF PERSON THROUGH THE NEXT SCHEDULED SEMI-MONTHLY PAYROLL.
Schedule J (Form 990) 2013

Additional Data


Software ID:  
Software Version:  
SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
MediumBullet Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public
Inspection
Name of the organization
THE REINVESTMENT FUND INC
 
Employer identification number

23-2331946
Return Reference Explanation
FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION HAS ENGAGED OUR INDEPENDENT ACCOUNTANTS MCGLADREY LLP. TO PREPARE FORM 990 IN ACCORDANCE WITH OUR AUDITED FINANCIAL STATEMENTS. THE FORM 990 IS THEN REVIEWED BY MANAGEMENT, TRF'S FINANCE AND AUDIT COMMITTEE (WHICH IS A SUB-COMMITTEE OF THE FULL BOARD WITH FISCAL AND FIDUCIARY OVERSIGHT) AND IS MADE AVAILABLE TO THE FULL GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 12C COMPREHENSIVE CONFLICT OF INTEREST QUESTIONNAIRE IS DISTRIBUTED ANNUALLY TO ALL BOARD AND COMMITTEE MEMBERS. UPON RECEIPT OF THE QUESTIONNAIRE, ALL BOARD, COMMITTEE MEMBERS AND STAFF HAVE 60 DAYS TO RETURN THE COMPLETED QUESTIONNAIRE TO THE ORGANIZATION'S HUMAN RESOURCE DEPARTMENT. THE COMPLETED QUESTIONNAIRES ARE REVIEWED AND MONITORED BY THE HUMAN RESOURCE DEPARTMENT AND ANY POTENTIAL CONFLICTS ARE COMMUNICATED TO THE ORGANIZATION'S MANAGEMENT AND BOARD.
FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS DETERMINES THE COMPENSATION OF THE ORGANIZATION'S CEO THROUGH A VARIETY OF SOURCES, INCLUDING COMPETITOR DATA AND SURVEYS. ADDITIONALLY, THE ORGANIZATION HAS ENGAGED THE SERVICES OF AN INDEPENDENT CONSULTANT TO PROVIDE AN OPINION ON THE REASONABLENESS OF THE COMPENSATION PLAN FOR THE CEO AND THREE TOP MANAGEMENT OFFICIALS USING COMPARATIVE DATA AND SURVEY DATA. THE OPINION LETTER FOR THE CEO COMPENSATION IS SENT DIRECTLY TO THE CHAIRMAN OF THE BOARD. THE OPINION LETTER FOR THE THREE TOP MANAGEMENT OFFICIALS IS SENT DIRECTLY TO THE CEO.
FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST STATEMENT, FORM(S) 1023, 990 & 990T AND FINANCIAL STATEMENT AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST THROUGH ITS OFFICES AT 1700 MARKET STREET, 19TH FLOOR, PHILADELPHIA, PA 19103. GOVERNING DOCUMENT REQUESTS ARE EVALUATED AND PROVIDED ON A CASE BY CASE BASIS. THE ORGANIZATION'S FINANCIAL STATEMENTS ARE ALSO AVAILABLE ON THE ORGANIZATION'S WEBSITE.
FORM 990, PART XI, LINE 9: PRIOR PERIOD ADJUSTMENT/DIFFERENCE 62,878.
FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR PERIOD.
FORM 990, PART IV, LINE 26: THE ORGANIZATION OFFERS PROMISSORY NOTES TO THE GENERAL PUBLIC THROUGH A PROSPECTUS OFFERING REGISTERED WITH THE PENNSYLVANIA SECURITIES COMMISSION. THE TERMS AND CONDITIONS OF THE PROMISSORY NOTES ARE SET BY THE PROSPECTUS AND ARE THE SAME FOR EVERYONE. THE PROSPECTUS IS AVAILABLE TO THE GENERAL PUBLIC, INCLUDING BOARD MEMBERS, OFFICERS AND EMPLOYEES OF THE ORGANIZATION. AT YEAR END, VOTING BOARD MEMBERS AND OFFICERS OF THE ORGANIZATION HAD LOANS OUTSTANDING UNDER THE PROSPECTUS. BASED ON GUIDEANCE, PROVIDED FROM THE IRS, REGARDING DEBT OFFERED ON THE SAME TERMS AS OFFERED TO THE GENERAL PUBLIC, WE HAVE ANSWERED THIS QUESTION AS "NO" AND DID NOT COMPLETE SCHEDULE L. AS PART OF OUR PROMISSORY NOTE PROGRAM, OUR DIRECTORS, OFFICERS, TRUSTEE, ETC MAKE UP $244,689 OFOUR PROMISSORY NOTE PROGRAM OF $13,960,536.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2013

Additional Data


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SCHEDULE R
(Form 990)
Department of the Treasury
Internal Revenue Service
Related Organizations and Unrelated Partnerships
MediumBulletComplete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
MediumBulletAttach to Form 990. MediumBullet See separate instructions.
MediumBullet Information about Schedule R (Form 990) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047
2013
Open to Public Inspection
Name of the organization
THE REINVESTMENT FUND INC
 
Employer identification number

23-2331946
Part I
Identification of Disregarded Entities Complete if the organization answered "Yes" on Form 990, Part IV, line 33.
(a)
Name, address, and EIN (if applicable) of disregarded entity


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Total income


 		(e)
End-of-year assets


 		(f)
Direct controlling
entity
(1) TRF EDUCATION FUNDING LLC
1700 MARKET STREET 19TH FLOOR
PHILADELPHIA,PA19103
23-2331946 		INVESTMENT IN CHARTER SCHOOL FINANCING DE 44,145 118,724 N/A
(2) TRF NMTC FUND LLC
1700 MARKET STREET 19TH FLOOR
PHILADELPHIA,PA19103
02-0730746 		INVESTMENT IN NMTC PARTNERSHIPS DE 422,855 504,344 N/A
(3) REINVESTMENT I LLC
1700 MARKET STREET 19TH FLOOR
PHILADELPHIA,PA19103
27-2769688 		OREO PA 0 100 N/A
(4) REINVESTMENT III UCCC LP
1700 MARKET STREET 19TH FLOOR
PHILADELPHIA,PA19103
27-3283900 		HOTEL AND RENTAL OPERATION PA 272,508 0 N/A
(5) TRF NMTC FUND MANAGER LLC
1700 MARKET STREET 19TH FLOOR
PHILADELPHIA,PA19103
27-3090164 		INVESTMENT IN NMTC PARTNERSHIPS DE 51,135 86,778 N/A
(6) REINVESTMENT III LLC
1700 MARKET STREET 19TH FLOOR
PHILADELPHIA,PA19103
27-2781162 		INVESTMENT HOLDING COMPANY PA 0 100 N/A
(7) REINVESTMENT IV LLC
1700 MARKET STREET 19TH FLOOR
PHILADELPHIA,PA19103
27-2781284 		OREO PA 172,423 100 N/A
Part II
Identification of Related Tax-Exempt Organizations Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.
(a)
Name, address, and EIN of related organization


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Exempt Code section


 		(e)
Public charity status
(if section 501(c)(3))

 		(f)
Direct controlling
entity

 		(g)
Section 512(b)(13) controlled entity?
Yes No
(1) COLLABORATIVE LENDING INITIATIVE INC

1700 MARKET STREET 19TH FLOOR

PHILADELPHIA,PA19103
23-2765410 		LENDING AND COMMUNITY INVESTING PA 501(C)(3) 9 N/A
Yes
 
(2) TRF ENTERPRISE FUND INC

1700 MARKET STREET 19TH FLOOR

PHILADELPHIA,PA19103
23-3010796 		LENDING AND COMMUNITY INVESTING PA 501(C)(3) 9 N/A
Yes
 
(3) TRF PRIVATE EQUITY INC

1700 MARKET STREET 19TH FLOOR

PHILADELPHIA,PA19103
31-1481669 		PRIVATE EQUITY PA 501(C)(3) 9 N/A
Yes
 
(4) TRF DEVELOPMENT PARTNERS INC

1700 MARKET STREET 19TH FLOOR

PHILADELPHIA,PA19103
23-2671667 		REAL ESTATE PA 501(C)(3) 9 N/A
Yes
 






For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50135Y
Schedule R (Form 990) 2013
Schedule R (Form 990) 2013
Page 2
Part III
Identification of Related Organizations Taxable as a Partnership Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a partnership during the tax year.
(a)
Name, address, and EIN of
related organization



 		(b)
Primary activity




 		(c)
Legal
domicile
(state or foreign
country)


 		(d)
Direct controlling
entity



 		(e)
Predominant income(related, unrelated, excluded from tax under sections 512-514)

(f)
Share of total income




 		(g)
Share of end-of-year
assets



 		(h)
Disproprtionate allocations?




 		(i)
Code V-UBI
amount in box 20 of
Schedule K-1
(Form 1065)
 		(j)
General or
managing
partner?



 		(k)
Percentage
ownership
Yes No Yes No
(1) TRF URBAN GROWTH PARTNERS LP

1700 MARKET STREET 19TH FLOOR
PHILADELPHIA,PA19103
23-3095855 		REDEVELOPMENT INVESTMENTS DE  
RELATED / INVESTMENT 40,036     No     No 3.820 %
(2) PA ADVANCED INDUSTRIAL TECH LP

40 WEST EVERGREEN AVENUE
PHILADELPHIA,PA19118
37-1432679 		RENEWABLE / CLEAN ENERGY INVESTMENTS / DEVELOPMENT PA  
RELATED -619,665     No     No 90.400 %
(3) OH BEL-AIR PARTNERS LP

150 S INDEPENDENCE MALL WEST ST 102
PHILADELPHIA,PA19106
20-0459281 		REDEVELOPMENT ACTIVITIES INCLUDING RENTAL FACILITIES PA  
RELATED -26,398 898,749   No     No 80.250 %
(4) OH CHELTEN PARTNERS LP

150 S INDEPENDENCE MALL WEST ST 102
PHILADELPHIA,PA19106
20-0459342 		REDEVELOPMENT ACTIVITIES INCLUDING RENTAL FACILITIES PA  
RELATED -26,121 891,630   No     No 80.250 %
(5) TRF NMTC FUND III LP

1700 MARKET STREET 19TH FLOOR
PHILADELPHIA,PA19103
20-2319640 		REDEVELOPMENT ACTIVITIES PA  
RELATED 3     No   Yes   0.010 %
(6) TRF NMTC FUND IV LP

1700 MARKET STREET 19TH FLOOR
PHILADELPHIA,PA19103
20-2319705 		REDEVELOPMENT ACTIVITIES PA  
RELATED 230 400,559   No   Yes   0.010 %
(7) TRF NMTC FUND V LP

1700 MARKET STREET 19TH FLOOR
PHILADELPHIA,PA19103
20-8485396 		REDEVELOPMENT ACTIVITIES PA  
RELATED -506     No   Yes   0.010 %
(8) TRF NMTC FUND VI LP

1700 MARKET STREET 19TH FLOOR
PHILADELPHIA,PA19103
26-1523632 		REDEVELOPMENT ACTIVITIES PA  
RELATED 50 68,875   No   Yes   0.010 %
(9) TRF NMTC FUND VII LP

1700 MARKET STREET 19TH FLOOR
PHILADELPHIA,PA19103
02-0730767 		REDEVELOPMENT ACTIVITIES PA  
RELATED 30 9,035   No   Yes   0.010 %
(10) TRF NMTC FUND VIII LP

1700 MARKET STREET 19TH FLOOR
PHILADELPHIA,PA19103
26-3748346 		REDEVELOPMENT ACTIVITIES PA  
RELATED 11 12,140   No   Yes   0.010 %
(11) TRF NMTC FUND IX LP

1700 MARKET STREET 19TH FLOOR
PHILADELPHIA,PA19103
26-3748406 		REDEVELOPMENT ACTIVITIES PA  
RELATED 5 3,863   No   Yes   0.010 %
(12) TRF NMTC FUND X LP

1700 MARKET STREET 19TH FLOOR
PHILADELPHIA,PA19103
26-3748452 		REDEVELOPMENT ACTIVITIES PA  
RELATED 75 9,998   No   Yes   0.010 %
(13) TRF NMTC FUND XI LP

1700 MARKET STREET 19TH FLOOR
PHILADELPHIA,PA19103
26-3748520 		REDEVELOPMENT ACTIVITIES PA  
RELATED 1 983   No   Yes   0.010 %
(14) TRF NMTC FUND XII LP

1700 MARKET STREET 19TH FLOOR
PHILADELPHIA,PA19103
26-3748706 		REDEVELOPMENT ACTIVITIES PA  
RELATED 8 6,695   No   Yes   0.010 %
(15) TRF NMTC FUND XIV LP

1700 MARKET STREET 19TH FLOOR
PHILADELPHIA,PA19103
26-3748814 		REDEVELOPMENT ACTIVITIES PA  
RELATED 57 9,280   No   Yes   0.010 %
(16) TRF NMTC FUND XV LP

1700 MARKET STREET 19TH FLOOR
PHILADELPHIA,PA19103
26-3749993 		REDEVELOPMENT ACTIVITIES PA  
RELATED 176 57,263   No   Yes   0.010 %
(17) TRF NMTC FUND XVI LP

1700 MARKET STREET 19TH FLOOR
PHILADELPHIA,PA19103
26-3750073 		REDEVELOPMENT ACTIVITIES PA  
RELATED 38 9,954   No     No 0.010 %
(18) TRF NMTC FUND XVII LP

1700 MARKET STREET 19TH FLOOR
PHILADELPHIA,PA19103
26-3750138 		REDEVELOPMENT ACTIVITIES PA  
RELATED 12 6,766   No     No 0.010 %
(19) TRF NMTC FUND XVIII LP

1700 MARKET STREET 19TH FLOOR
PHILADELPHIA,PA19103
45-5056256 		REDEVELOPMENT ACTIVITIES PA  
RELATED 30 11,493   No     No 0.010 %
(20) TRF NMTC FUND XIX LP

1700 MARKET STREET 19TH FLOOR
PHILADELPHIA,PA19103
45-5056381 		REDEVELOPMENT ACTIVITIES PA  
RELATED 5 4,174   No     No 0.010 %
(21) TRF NMTC FUND XX LP

1700 MARKET STREET 19TH FLOOR
PHILADELPHIA,PA19103
45-5056470 		REDEVELOPMENT ACTIVITIES PA  
RELATED 23 4,762   No     No 0.010 %
(22) TRF NMTC FUND XXI LP

1700 MARKET STREET 19TH FLOOR
PHILADELPHIA,PA19103
45-5056693 		REDEVELOPMENT ACTIVITIES PA  
RELATED 5 4,051   No     No 0.010 %
(23) TRF NMTC FUND XXII LP

1700 MARKET STREET 19TH FLOOR
PHILADELPHIA,PA19103
45-5057215 		REDEVELOPMENT ACTIVITIES PA  
RELATED 17 4,949   No     No 0.010 %
(24) 481 PHILABUNDANCE INVESTMENT FUND LLC

1700 MARKET STREET 19TH FLOOR
PHILADELPHIA,PA19103
46-1083048 		REDEVELOPMENT ACTIVITIES PA  
RELATED -4 3,395   No     No 0.010 %
(25) CHASE NMTC TRF 2011 INVESTMENT FUND LLC

100 W 10TH STREET SUITE 1005
PHILADELPHIA,PA19103
45-3506939 		REDEVELOPMENT ACTIVITIES PA  
RELATED   2,173   No     No 0.010 %
(26) CHASE NMTC PHN INVESTMENT FUND LLC

100 W 10TH STREET SUITE 1005
PHILADELPHIA,PA19103
46-0750788 		REDEVELOPMENT ACTIVITIES PA  
RELATED   2,571   No     No 0.010 %
(27) TRF NMTC FUND XXIII LP

1700 MARKET STREET 19TH FLOOR
PHILADELPHIA,PA19103
45-5062436 		REDEVELOPMENT ACTIVITIES PA  
RELATED 12 16,885   No     No 0.010 %
(28) TRF NMTC FUND XXIV LP

1700 MARKET STREET 19TH FLOOR
PHILADELPHIA,PA19103
46-2447476 		REDEVELOPMENT ACTIVITIES PA  
RELATED   600   No     No 0.010 %
(29) TRF NMTC FUND XXV LP

1700 MARKET STREET 19TH FLOOR
PHILADELPHIA,PA19103
46-2458105 		REDEVELOPMENT ACTIVITIES PA  
RELATED 2 4,142   No     No 0.010 %
(30) TRF NMTC FUND XXVI LP

1700 MARKET STREET 19TH FLOOR
PHILADELPHIA,PA19103
46-2469813 		REDEVELOPMENT ACTIVITIES PA  
RELATED   2,005   No     No 0.010 %
(31) TRF NMTC FUND XXVII LP

1700 MARKET STREET 19TH FLOOR
PHILADELPHIA,PA19103
46-2485795 		REDEVELOPMENT ACTIVITIES PA  
RELATED 1 3,530   No     No 0.010 %
(32) TRF NMTC FUND XXVIII LP

1700 MARKET STREET 19TH FLOOR
PHILADELPHIA,PA19103
46-2496766 		REDEVELOPMENT ACTIVITIES PA  
RELATED   600   No     No 0.010 %
(33) CHASE NMTC LIBERTY HEIGHTS INVESTMENT FUND LLC

1700 MARKET STREET 19TH FLOOR
PHILADELPHIA,PA19103
46-1191778 		REDEVELOPMENT ACTIVITIES PA  
RELATED -1 2,080   No     No 0.010 %
(34) TRF NMTC FUND XIII LP

100 W 10TH STREET SUITE 1005
PHILADELPHIA,PA19103
26-3748763 		REDEVELOPMENT ACTIVITIES PA  
RELATED 46 7,418   No     No 0.010 %
(35) HEALTHCO PARTICIPANT LLC

1700 MARKET STREET 19TH FLOOR
PHILADELPHIA,PA19103
46-4147984 		LOAN ADMINISTRATION PA  
RELATED   500   No     No 33.330 %
(36) FSCLF HOLDING LLC

100 W 10TH STREET SUITE 1005
WILMINGTON,DE19801
45-3833176 		HOLDING COMPANY DE  
RELATED -16,965 273,819   No     No 50.000 %
Part IV
Identification of Related Organizations Taxable as a Corporation or Trust Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.
(a)
Name, address, and EIN of
related organization
 		(b)
Primary activity
 		(c)
Legal
domicile
(state or foreign
country)
 		(d)
Direct controlling
entity
 		(e)
Type of entity
(C corp, S corp,
or trust) 		(f)
Share of total income
 		(g)
Share of end-of-year
assets
 		(h)
Percentage
ownership
 		(i)
Section 512(b)(13) controlled entity?
Yes No
(1) REINVESTMENT II LLC

1700 MARKET STREET 19TH FLOOR
PHILADELPHIA,PA19103
27-2769757 		RENTAL PROPERTY PA  
C 2,235,911 100 100.000 %   No












Schedule R (Form 990) 2013
Schedule R (Form 990) 2013
Page 3
Part V
Transactions With Related Organizations Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.
Note. Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.
Yes
No
1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?
a Receipt of (i) interest (ii) annuities (iii) royalties or (iv) rent from a controlled entity . . . . . . . . . . . . . . . . . . . . . . .
1a
Yes
 
b Gift, grant, or capital contribution to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1b
 
No
c Gift, grant, or capital contribution from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1c
 
No
d Loans or loan guarantees to or for related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1d
Yes
 
e Loans or loan guarantees by related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1e
 
No
f Dividends from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1f
 
No
g Sale of assets to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1g
 
No
h Purchase of assets from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1h
 
No
i Exchange of assets with related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1i
 
No
j Lease of facilities, equipment, or other assets to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1j
 
No
k Lease of facilities, equipment, or other assets from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . .
1k
 
No
l Performance of services or membership or fundraising solicitations for related organization(s) . . . . . . . . . . . . . . . . . . . .
1l
 
No
m Performance of services or membership or fundraising solicitations by related organization(s) . . . . . . . . . . . . . . . . . . . .
1m
 
No
n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) . . . . . . . . . . . . . . . . . . . . .
1n
 
No
o Sharing of paid employees with related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1o
 
No
p Reimbursement paid to related organization(s) for expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1p
Yes
 
q Reimbursement paid by related organization(s) for expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1q
 
No
r Other transfer of cash or property to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1r
Yes
 
s Other transfer of cash or property from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1s
 
No
2
If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.
(a)
Name of related organization 		(b)
Transaction
type (a-s) 		(c)
Amount involved 		(d)
Method of determining amount involved
(1) COLLABORATIVE LENDING INITIATIVE

 P 170,928 CASH TRANSFER
(2) TRF ENTERPRISE FUND INC

 A 20 CASH TRANSFER
(3) TRF ENTERPRISE FUND INC

 D 37,086 CASH TRANSFER
(4) TRF ENTERPRISE FUND INC

 P 23,811 CASH TRANSFER
(5) RE II LLC

 D 984,558 CASH TRANSFER
(6) RE II LLC

 A 76,524 CASH TRANSFER
(7) TRF DEVELOPMENT PARTNERS INC

 P 1,020,247 CASH TRANSFER
(8) TRF NMTC FUND LLC

 P 564 CASH TRANSFER
(9) RE II LLC

 R 1,198,101 CASH TRANSFER
Schedule R (Form 990) 2013
Schedule R (Form 990) 2013
Page 4
Part VI
Unrelated Organizations Taxable as a Partnership Complete if the organization answered "Yes" on Form 990, Part IV, line 37.
Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.
(a)
Name, address, and EIN of entity 		(b)
Primary activity 		(c)
Legal domicile
(state or foreign
country) 		(d)
Predominant income (related, unrelated, excluded from tax under sections 512-514)

(e)
Are all partners
section
501(c)(3)
organizations? 		(f)
Share of total income




 		(g)
Share of
end-of-year
assets 		(h)
Disproprtionate allocations? 		(i)
Code V?UBI
amount in box 20
of Schedule K-1
(Form 1065) 		(j)
General or
managing
partner? 		(k)
Percentage
ownership
Yes No Yes No Yes No






























Schedule R (Form 990) 2013
Schedule R (Form 990) 2013
Page 5
Part VII
Supplemental Information
Provide additional information for responses to questions on Schedule R (see instructions).
Return Reference Explanation
Schedule R (Form 990) 2013
Additional Data


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