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Olga Estrada dedicated her life to raising her children. She was born in Nicaragua and joined her family in California more than 20 years ago to build a better life. Working in a data entry position, Olga didnít have a lot of money but she always made ends meet.

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Janie Barrera

Ms. Barrera is Founding President and Chief Executive Officer of ACCION Texas. ACCION Texas began in 1994, and is now the largest nonprofit micro-lending organization in Texas. The organization provides small loans and management training to micro-enterprises throughout Texas. As President and CEO, Ms. Barrera is responsible for the organization’s financial management, oversight of its annual budget and the development of methodology and loan delivery procedures. Ms. Barrera has received recognition for her accomplishments including the Small Business Administration Financial Services Advocate of the Year, and the Minority Enterprise Development Consortium's Corporate Advocate of the Year. In addition, Ms. Barrera has served on many national, state and local boards including the Federal Reserve Board, and the National Consumer Advisory Council.

Ms. Barrera holds an M.B.A. from Incarnate Word College. Ms. Barrera began her career as Director of Telecommunications for the Diocese of Corpus Christi in 1977. There, she helped form the area's first nonprofit radio stations, KLUX and KHOY, as well as two television production studios. In 1989, Ms. Barrera was hired as the Marketing Director for the U.S. Air Force Morale, Welfare and Recreation Division.

Angela Glover Blackwell

Angela Glover Blackwell, a lawyer by training, and the founder of PolicyLink, served as senior vice president of The Rockefeller Foundation where, for three and a half years, she oversaw the Foundation's Domestic and Cultural divisions. She also developed Rockefeller's Building Democracy division, which focused on race and policy, and created the Next Generation Leadership program. Ms. Blackwell gained national recognition as founder of the Oakland (CA) Urban Strategies Council, where she pioneered new approaches to neighborhood revitalization. From 1977 to 1987, Blackwell was a partner at Public Advocates, a nationally known public interest law firm.

About PolicyLink
PolicyLink, a national advocacy, research, capacity building, and communications organization, is enlarging the sphere of influence that affects policy so that those closest to the nation's challenges are central to the search for their solutions. PolicyLink believes that the pursuit of equity must be guided by the wisdom, voice and experience of local constituencies.

PolicyLink brings together resources, partners, and information to craft policies and strategies that build the public will for change. Using new tools and mechanisms, PolicyLink bridges the traditional divide between communities and the world of policymakers at the local, state and national levels.

To accomplish its mission, PolicyLink has assembled a diverse and experienced staff of professionals dedicated to the vision of developing and implementing creative policy initiatives. PolicyLink is headquartered in Oakland, California.

Larry Chang

Mr. Chang is a Managing Director at Cambridge Associates LLC, a global investment consulting firm. He advises several endowed non-profit institutions and pension funds on their investments. He also works with private colleges and universities, foundations, libraries, and independent schools across the United States.

Mr. Chang holds a bachelor’s degree from the College of Engineering at the University of Michigan, Ann Arbor. After graduating, he became an engineer and engineering manager with General Electric’s aircraft engines, major appliances, and aerospace businesses. Between 1997 and 2000, Mr. Chang served as a Peace Corps volunteer in Ghana specializing in small enterprise development in rural communities. Mr. Chang interned with CFED in 2001 before receiving his M.B.A. from the Yale School of Management.

David Dodson

David Dodson is president of MDC, Inc, having been appointed in 1999 after serving as executive vice president since 1987. His work at MDC focuses on the design and implementation of program demonstrations in rural development, workforce development, and community capacity building primarily in the South. This includes the Ford Foundation funded Rural Community College Initiative and its expansion into Southern Africa and the Southern Grassroots Leadership Initiative for the Mary Reynolds Babcock Foundation. Prior to MDC, Mr. Dodson served as executive director of the Cummins Engine Foundation and director of corporate responsibility for Cummins Engine Company in Columbus, Indiana. He is also a board member of the Center for Community Self Help, the Center for Law and Social Policy, and the Mary Reynolds Babcock Foundation.

About MDC, Inc.
MDC, Inc. works with public and nonprofit development institutions, policymakers, and opinion leaders in the South to address workforce and economic development challenges that impede progress for the region and its people. By analyzing trends and developing policies, programs, and institutional capacity, MDC helps regional leaders and development institutions respond to economic change, with an emphasis on approaches that benefit poor people and poor places. Established in 1967, MDC is a private nonprofit organization.

Robert Friedman, Chair

Robert Friedman is general counsel, founder and chair of CFED's board.

Since 1979, CFED has worked to foster widely shared and sustainable economic well-being by promoting asset-building and economic opportunity strategies that bring together community practice, public policy and private markets in new and effective ways. Mr. Friedman and CFED have helped lead the U.S. development of innovative economic development strategies including microenterprise, flexible business networks, individual development accounts, and economic health assessments. Mr. Friedman's current work focuses on the Savings for Education, Entrepreneurship, and Downpayment (SEED) Policy and Practice Initiative to assess the potential of long-term savings and investment accounts established at birth.

Among Mr. Friedman's other major publications are:

Mr. Friedman was founding chair of the Association for Enterprise Opportunity; and currently serves on the board of Levi Strauss & Co., Ecotrust, Friedman Family Foundation, and the Rosenberg Foundation. Mr. Friedman is a graduate of Harvard College and Yale Law School.

Fred T. Goldberg, Jr.

Fred Goldberg is a partner at Skadden, Arps, Slate, Meagher & Flom LLP where he manages the tax policy practice. He previously served as Assistant Secretary
on Tax Policy to the Department of the Treasury, and as Commissioner and Chief Counsel at the Internal Revenue Service.

Mr. Goldberg has authored several publications on tax policy reform and asset building. These works include “Reforming Social Security: How To Implement a
Practical and Workable System of Personal Retirement Accounts” (2000); “From FDR to W: The IRS As Financial Intermediary” (2002); “The Universal Piggy Bank:
Designing and Implementing A System of Savings Accounts for Children” (2000); and “Filling the Void: Can the IRS Restructuring Bring Purpose and Meaning to
the Random World of Tax Litigation?” (1999).

Mr. Goldberg previously served as Executive Director of the Bipartisan Commission on Entitlement and Tax Reform. He is currently a trustee at the American
Tax Policy Institute and the D2D Fund, Inc.

Ronald Grzywinski

Ronald Gryzwinski is Chairman and a co-founder of ShoreBank, established in 1973.  Before creating ShoreBank Corporation, Mr. Gryzwinski had been president of the Hyde Park Bank and Trust Company and of the First National Bank of Lockport, Illinois, and served as a U.S. Army officer.

Along with sitting on the Board of CFED, Mr. Gryzwinski is a board member of the Center for Community Change, the Enterprise Foundation, Ecotrust, and various ShoreBank affiliates.

About ShoreBank
ShoreBank, with total assets of $1.6 billion, is America's first and leading community development and environmental banking corporation.  It provides financial services and information to create economic equity and a healthy environment. 

Headquartered in Chicago, ShoreBank has banks and affiliated nonprofits in Chicago; Cleveland; Detroit; Ilwaco, Washington; and Portland, Oregon; business development services in Michigan's Upper Peninsula; and provides consulting services around the world through ShoreBank Advisory Services.


Ellen Lazar

Ellen Lazar is senior vice president of Housing and Community Initiatives at the Fannie Mae Foundation. In this capacity, she directs many of the Foundation's grantmaking initiatives and manages the Foundation's five regional offices. Ms. Lazar also leads the Foundation's programs to provide financial literacy and home-buyer education to underserved communities, and she guides the Foundation's community development efforts in Washington, D.C.

Before joining the Foundation, Ms. Lazar was executive director of Neighborhood Reinvestment Corporation (NRC). Under her leadership, NRC launched several national programs and developed a long-term strategy to raise the visibility of the NeighborWorks® network of community-based organizations across the nation.

Before joining NRC, Ms. Lazar was director of the U.S. Treasury Department's Community Development Financial Institutions (CDFI) Fund. As director of the Fund, Ms. Lazar expanded the Fund's scope, launched initiatives to increase the capacity of CDFIs, and strengthened the Fund's congressional support. Previously, Ms. Lazar was executive director of the National Association of Affordable Housing Lenders, a national membership organization that promotes private investment in affordable housing. She also served as vice president and general counsel of The Enterprise Foundation. Before that, she was assistant general counsel to the National Corporation for Housing Partnerships and served in the Office of the General Counsel of the U.S. Department of Housing and Urban Development.

Ms. Lazar serves on the boards of a variety of nonprofit organizations, including Nonprofit Finance Fund, Community Wealth Ventures, and the National Fund for Enterprise Development. Ms. Lazar is a graduate of Queens College of the City University of New York, and of the Indiana University School of Law at Bloomington.

Dan Letendre

Daniel Letendre is the Director of Lending and Investing at Merrill Lynch Community Development Company. Here he manages a team of finance professionals that provide capital, liquidity and technical assistance to community development financial intermediaries that expand access to capital in underserved markets.  His team has extended over $1 billion in loans and investments to finance housing, small businesses and community facilities providing health care, education, childcare and other needed social services in low- and moderate- income communities

Prior to working at Merrill Lynch, Letendre was a Vice President at JPMorgan Chase’s Community Development Corporation.  There he directed the banks lending and investing activities with Community Development Financial Institutions (CDFIs), expanding the CDFI’s access to capital for businesses and projects located in low-income communities.

During his 13 year career with the Community Development Corporation, Mr. Letendre functioned in various lending capacities, focusing on commercial real estate, multifamily housing and small businesses in low- and moderate-income communities. He managed the product development team of the bank’s affordable mortgage business as well as the research, analysis and reporting function of the Community Reinvestment Act compliance Unit.

Before working at Chase, Mr. Letendre was a management consultant with Booz Allen & Hamilton in their Financial Institutions Practice and a research analyst with Paine Webber, focusing on financial institutions in developing countries in the Asia-Pacific Region.

Mr. Letendre received a MBA from Harvard Business School and a BS from Manhattan College.

Andrea Levere, President

Andrea Levere is president of CFED in Washington, D.C. and has overall management responsibilities for the consistent pursuit of CFED's mission, for its long-term strategies and its day-to-day operations. Under Ms. Levere’s energetic direction, CFED has thrived in its mission to expand economic opportunity for low-income people and disadvantaged communities.

At the helm of CFED, Ms. Levere has developed an unprecedented partnership with the Federal Reserve System to address the inability of many Americans to build personal savings and assets.  Together CFED and the Federal Reserve System have held a series of forums highlighting innovations in asset-building policy, products and programs and continue to identify long-term initiatives with national impact.

Ms. Levere has also launched CFED’s new initiative to address the challenges faced by the 10 million American families who live in manufactured homes.  She also oversees CFED’s largest program, a 10-year initiative to test and promote children’s savings accounts called SEED (Saving for Education, Entrepreneurship and Downpayment).

Ms. Levere has added staff and resources to CFEDs policy and communications efforts, leading to a number of policy victories in state legislatures and growing attention to the issue of asset-building in the national media.  Her leadership has been recognized by donors who have contributed more than $2 million toward CFED’s endowment fund and are making multi-year commitments to CFED’s policy change efforts.

She received a bachelor’s degree in 1977 from Brown University and a master’s degree in public and private management from the Yale School of Management in 1983. She was awarded the Alumni Recognition Award from the Yale School of Management in 2001 for exemplary commitment to the field of economic development and the mission of the Yale School of Management. 

Brandee McHale

Ms. McHale has a long history in business management and philanthropy.  She holds a Master’s Degree in Urban Policy and has served on the boards of a variety of institutions. These include the NY Regional Association of Grantmakers, the NYC LISC Advisory Board, the Asset Funders Network and Partners for Livable Communities.

Ms. McHale is currently the Director of Programs at the Citi Foundation, and is responsible for strategic grant making.  Previously, she was the Director of Operations for Citi Community Capital (CCC) the largest, private-sector, affordable housing and community development financing entity in the United States.  Other assignments with the Citi Foundation have included positions in the Community Relations, Corporate CRA and Community Development arenas. In 2005 Brandee left Citi to spend two years with the Ford Foundation developing a portfolio of investments that support low-income households.

Elsie Meeks

Elsie Meeks is the Executive Director of First Nations Oweesta Corporation. First Nations Oweesta Corporation is a subsidiary corporation of First Nations Development Institute. FNOC provides technical assistance and training to help start community development financial institutions. It also provides investment capital to community development financial institutions. In addition, FNOC focuses on financial literacy. FNOC, along with Fannie Mae Foundation, has developed a curriculum, Building Native Communities: Financial Skills for Families.


Elsie is currently chairperson and was active for 15 years in the development and management of The Lakota Fund, a small business and microenterprise development loan fund on the Pine Ridge Reservation in South Dakota. Elsie is currently serving as a board member of National Community Capital Association. Elsie also serves as a board member of the Oglala Sioux Tribe Partnership for Housing and is Chairperson of the Lakota Fund. She was appointed by Senate Minority Leader Tom Daschle to serve on the U.S. Commission on Civil Rights in 1999. Elsie has recently been appointed to the Federal Reserves Board's Consumer Advisory Council. Elsie is an enrolled member of the Oglala Lakota Tribe and the first Native American to serve on the Commission.

Elsie presently chairs the Native Financial Education Coalition, spearheaded by FNOC and was recently appointed to the Federal Reserve Board's Consumer Advisory Council.

Mary Mountcastle

Mary Mountcastle is president and trustee of the Z. Smith Reynolds Foundation and serves on the boards of the Mary Reynolds Babcock and Triangle Community Foundations, the Neighborhood Funders Group and the National Center for Family Philanthropy.  From 1996 – mid 2004, she served on the board of the Council on Foundations, the last two years as board chair. 

Ms. Mountcastle is a Senior Associate at Self-Help, a nonprofit community development lender that has made $3.5 billion in loans to over 40,000 low-wealth families across the U.S.  She previously was Vice President of Economic Development for MDC Inc, a nonprofit policy research center, and Director of the Social Investment Program for MetLife Insurance Co. She has also worked at various levels of government.  In 1992, she received the Scrivner Award for Creative Grantmaking from the Council on Foundations.  

Ms. Mountcastle holds a MBA from the Yale School of Management and a BA from Williams College.

Torod Neptune

Torod Neptune is a Senior Vice President for Waggener Edstrom Worldwide, where he directs high-profile public affairs, public policy, regulatory and crisis communications strategies for a broad range of private and governmental organizations. Before joining Waggener Edstrom Worldwide, Mr. Neptune was the chief communications strategist for the U.S. House of Representatives, responsible for developing the first post-Sept. 11 and anthrax crisis communications programs in the U.S. Congress. He also lead the House’s organizational communications program, with oversight for the primary communications processes,
channels and tools used to communicate to the more than 11,000-employee House staff.

Prior to working on Capitol Hill, Torod was senior vice president for corporate communications and public affairs with Bank of America Corp., responsible for providing strategic counsel and management of corporate communications and public affairs resources, including directing the teams responsible for internal and external communications, charitable giving, government relations, issues management, and public policy for the company's Worldwide Consumer
Products Division. He was also responsible for overseeing headquarters communications and geographic public relations for the company during its brand transition from NationsBank Corp. to Bank of America Corp. - the largest corporate brand transition in U.S. business history. Neptune also served on the Chief Public Affairs Officers’ Council of the Financial Services Roundtable, directing industry issues management and public policy positioning efforts for high-profile legislative and regulatory issues.

Before Bank of America Corp., Neptune was group director with Washington, D.C., public affairs firm Powell Tate/Weber Shandwick, where he provided public affairs counsel to Fortune 500 companies and industry coalitions undergoing profound change under intense public and regulatory scrutiny. He also lead issues management campaigns for some of the world’s leading brands including DuPont, Nike, General Mills, Delta Air Lines, MCI, KPMG and Nasdaq.

A former reporter, Neptune has a bachelor’s degree in international relations and journalism from The University of South Carolina. A member of the International Association of Business Communicators (IABC), he also serves on the board of directors of CFED, HOPE worldwide, and the U.S. Congressional Philharmonic Society.

Chris Page

Chris Page is a philanthropic advisor in the Philanthropy Department of Rockefeller Financial Services, Inc. in New York, where he coordinates charitable giving by a range of individuals and institutions. Prior to joining RFS, he was a program officer at the Ford Foundation and executive director of the Economic Development Council of Northern Vermont. Mr. Page holds Bachelor of Science and Masters of Science degrees, with a specialization in community economic development, from the New Hampshire College School of Business Administration.

About Rockefeller Financial Services
The Philanthropy Department at Rockefeller Financial Services is designed to assist individual and institutional clients in pursuing philanthropic interests and goals. Staff assists clients in developing missions, guidelines, and strategic plans as well as in the research and evaluation of proposals or programming concepts. Services include site visits, grantmaking, grant monitoring and management, creation and management of private and family foundations and charitable trusts, involvement of the next generation, and succession planning. Areas of special expertise include the environment, health care, population, arts and culture, education, housing, community development, and youth services.

Charles M. 'Chuck' Parrish

Charles M. 'Chuck' Parrish, formerly co-founder and executive vice president of Openwave Systems, Inc. in Redwood City, California, is now a private investor and advisor to several technology companies. Before founding Openwave, Mr. Parrish was vice president of marketing and general manager of wireless data services for GTE Mobile Communications. Prior to that, he was senior vice president, operations at Contel Cellular, Inc. and co-founder and CEO of AmeriCom Corporation in Atlanta.

Mr. Parrish served as chief of staff in the US Department of Interior during the Carter Administration, Carter/Mondale Texas campaign manager during the 1976 general election and national field director during the 1979-1980 Carter/Mondale primary campaign. Mr. Parrish served as a division director in the Georgia Department of Natural Resources during the terms of Governors Jimmy Carter and George Busbee.

Mr. Parrish served on the Clark for President National finance committee and the Kerry for President National Finance Committee. He is a member of the board of CFED in Washington, DC and the Peninsula Youth Sailing Foundation in Palo Alto, California.

Mr. Parrish and his wife, Nancy, have two children and divide their time between San Francisco, California and Martha’s Vineyard, Massachusetts.

Douglas Rosen

Douglas Rosen is Executive Vice President of Alco Investment Company, a Seattle, WA based company in the real estate and private equity business.  Alco also owns and operates Alaskan Copper Companies Inc., a diversified industrial company which has wholesale metal distribution and custom fabrication businesses on the west coast.

Mr. Rosen has served on a number of community boards in the Seattle area.  He is the past Board President of the Stroum Jewish Community Center of Greater Seattle, and is currently the incoming Board President of the Kline Galland Center, a non-profit community organization offering high quality skilled nursing care, assisted living, and adult day care services.

Mr. Rosen received an MBA from Harvard Business School in 1976 and a Bachelor of Science from the University of Washington in 1970.