Ripple Effect Entrepreneurs Fund Inc.
Lakewood Township, NJ Doing business as Reef
- UEI
- ERHFZLK6CM35
- CAGE
- 8UJ32
- Primary NAICS
- Not on record
- SAM.gov registration
- Active through
Company facts
- Self-certified in SAM.gov
- Entity structure
- Corporate Entity (Tax Exempt)
- SAM.gov registration date
- Physical address
- 1750 Cedarbridge Ave #3, Lakewood, NJ 08701, USA
- Website
- reefusa.org
- Industry
-
- Financials
- Diversified Financials
- Diversified Financial Services
- Financial Services
Registration and certifications come from SAM.gov and the SBA; company details from public web sources. Updated .
Grant awards
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About the company
Ripple Effect Entrepreneurs Fund Inc., doing business as Reef, is a non-profit, tax-exempt corporate entity registered in SAM.gov that specializes in community development financial services. As a certified Community Development Financial Institution (CDFI), Reef focuses on providing financial support, investments, and technical assistance to underserved communities, with a particular emphasis on Native American and minority-owned businesses. The organization is dedicated to economic revitalization, job creation, and fostering economic self-determination in low- and moderate-income communities across the United States.
Reef has secured multiple significant federal grant awards from the U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund), including three notable project grants. The first grant, awarded in June 2021 for $683,000, was part of the CDFI Rapid Response Program (CDFI RRP) to address economic impacts of the coronavirus pandemic. A subsequent $500,000 grant in April 2023 came through the Equitable Recovery Program (CDFI ERP), enabling Reef to expand lending and grant-making activities in communities disproportionately impacted by COVID-19. Most recently, in September 2024, Reef received a $550,000 grant under the standard CDFI Program, focused on investing in and building the capacity of certified and emerging CDFIs, with a specific focus on Native American communities. These grants demonstrate Reef's core mission of providing loans, investments, financial services, and technical assistance to underserved populations, helping businesses grow, create jobs, and achieve economic sustainability through targeted financial interventions.
Quick answers
Is Ripple Effect Entrepreneurs Fund Inc. registered in SAM.gov?
Yes. Ripple Effect Entrepreneurs Fund Inc.'s SAM.gov registration is active through May 11, 2027.
What is Ripple Effect Entrepreneurs Fund Inc.'s most recent federal award?
Ripple Effect Entrepreneurs Fund Inc.'s most recent federal grant award is To promote economic revitalization and community development through investment in and financial assistance to… (231FA064221G), from Community Development Financial Institutions Fund, on September 26, 2024.
On GovTribe
See Ripple Effect Entrepreneurs Fund Inc.'s full federal record
- Federal grant awards
- Funding analysis by agency, NAICS and set-aside
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