Overview

Revolve Fund increases affordable capital access for small businesses owned or tax-exempt organizations led by historically marginalized entrepreneurs who have difficulty securing capital from traditional sources.  

Revolve offers recoverable grants and other supports to organizations using an investor-like approach to ensure that Revolve's funders maximize their funding and leverage impact. This includes conducting due diligence, drafting investment recommendations, and executing investment committee reviews. 

Revolve provides its recoverable grantee partners straightforward grant agreements with clear financial or impact milestones, no financial covenants, and no financial consequences if agreed upon milestones are not met.

Revolve invests in organizations headquartered or principally doing business in select communities and geographies in the United States.

Revolve is grant funded, securing philanthropic funding from institutions and individuals. Funders and donors do not earn a financial return as all returned capital from Revolve's investments is recycled for new investments. 

Funding to Revolve is tax-deductible for eligible donors through the following ways:

• Institutional funders may rely on Revolve's fiscal sponsorship with Maryland Philanthropy Network (MPN), the statewide philanthropy serving organization. 
• Individual donors may rely on Revolve Fund, Inc.'s 501(c)3 tax-exempt status and donate via PayPal. Donors may also use MPN's donation page via DonorBox.

Revolve's charitable purpose is to increase affordable access to capital to small businesses owned by low-income, minority and/or other disadvantaged entrepreneurs or tax-exempt organizations who historically have difficulty securing capital from traditional sources, in furtherance of the charitable, exempt purposes, as described in Section 170(c}(2}(B) of the Code, of eliminating prejudice and discrimination, providing relief to the underprivileged, or combatting community deterioration.