The Disability Fund, Inc.

United States of America

Last updated 12 May 2020, by Impactyield.

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The Disability Opportunity Fund exists to finance solutions for people with disabilities and their families. Investment in this largely untapped market yields double bottom line results – a reasonable financial return backed by sound state-of-the-art CDFI management and industry knowledge, and the social return of increasing access to housing and other services for historically hard to reach and underserved markets.

The disability market is an ever-present, ever-growing opportunity: One in five people -- twenty percent of the U.S. population (nearly 60 million Americans) -- identify themselves as people with mental or physical disabilities, making this the single largest minority group in the United States. Currently the world of service and support organizations for people with disabilities remains inefficient. It is a non-intuitive patchwork of private and public entities, with little direct involvement beyond charitable support from the general business community.

The Disability Opportunity Fund (“The DOF”) is changing that by providing innovative yet practical solutions for people with disabilities.

Asset class


Fund style

Financial description

Portfolio Performance: Our portfolio is performing exactly as we budgeted since inception of The DOF. Our cost of capital has been in the 0-3% range and our clients are borrowing our funds at an average of 6%. In addition, in our three years of lending, we have experienced neither a default nor a delinquency on any of our loans. Finally, five of our loans have been repaid in full.
Our accomplishments and methodology have provided us the opportunity to develop a strategy to achieve “self-sufficiency” as an organization by steadily growing our loan capacity while maintaining a conservative balance sheet, encouraging participation in our loans by additional CDFIs and continually managing the pipeline of demand for our funds.

15 years

of track record


the year funded

20,000,000 USD


SDG goals

SDG targets

Equal rights to ownership basic services technology and economic resources

Safe and affordable housing

Free primary and secondary education

Develop sustainable, resilient and inclusive infrastructures

Key performance indicators

Fund overview

Asset manager: The Disability Opportunity Fund

Product track record: Fund has 15 years of track record

Target IRR: 3%

Committed Capital: 10,000,000 USD (US Dollar)

Target return category: Below risk-adjusted market-rate of return

Fund domicile:

Product status:


Inception year: 2008

Vintage year: 2009

Target region: , , ,

Target close date: n.a.

Product term: 3 - 10 year promissory notes or loan agreements

Assets under management: 20,000,000 USD (US Dollar)

Investment size: Min: 50,000; Max: 3,000,000; Avg: 450,000

Co-investment policy:

Currency of investments:

Currency for fund / product figures:

Fund investments to date: 26

Fund investments to date exited or repaid: 5

Management fee: n.a.

Carried interest: n.a.

Hurdle rate: n.a.

GIIN Investors' Council Investment: Yes

Limited Partners / Investors: Prudential, Bank of America, Rockefeller Foundation, Deutsche Bank, Capital One, Harris Bank, Capital One, Mercy Partnership, RCIF, Seton Enablement Fund, Dignity Health, Trinity Health, Basilian Fathers of Toronto, Sisters of St. Francis, Unitarian Universalist Congregation Shelter Rock,Adrian Dominican Sisters and Wells Fargo.

Limited Partner / Investor Type: Family Office, Other Institutional Investors, Retail Investors




Phone number: (516) 465 3741

If you wish to have your details removed from this database please email

Charles Hammerman

President & CEO

Nanci Freiman

Director Administration

Impact Performance


Impact thesis

A major consideration of the high impact an investment will provide is the ultimate beneficiaries of our financing. The DOF typically lends to families, non-profit and for-profit developers, service providers and other entities which are creating the many services low income people with disabilities require, such as housing, schools and vocational training centers. As excited as we are when we close a loan, which helps our “bottom-line,” the ultimate passion of our work comes from seeing the people we help live in the community, have an appropriate school setting to learn and to have a community center where young adults with developmental disabilities learn to transition from a school setting to the next stage of their lives.
As a result of our lending activities, there are an additional 130 units of housing, one school and a community facility which have been either created and/or renovated. And while these are important barometers of success, the premise of The DOF is to be “change agents.”
Another impact of our activities is the successful introduction of our Target Market/Population to the CDFI Industry and the financial community. We did not create The DOF to be an “island onto ourselves.” Rather, since our Target Market/Population constitutes the poorest of the poor in the United States, we wanted to introduce the disability community to the CDFI industry through financings and through development services.

Impact Management


Financial benchmark

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