By: Frank Altman, founding CRF CEO
On my last day serving as CRF CEO, I can’t help but think of my very first day. On July 6th, 1988, alongside two others, I co-founded CRF with the goal of delivering capital to communities with a history of underinvestment. On that day nearly 35 years ago, I vividly recall the nervousness of leaving a steady job while also being incredibly excited and optimistic for the future.
Not every day since has been as pivotal, but when I pause and look back at how far we have come and the work we’ve accomplished over the last three decades, I couldn’t be prouder. Together, we have created innovative products and solutions that respond to urgent and chronic challenges faced by people and communities with a history of underrepresentation. This has resulted in the deployment of nearly $3.6 billion to thousands of communities across all fifty states. This influx of capital has helped communities flourish and provided opportunities to people.
Now, as I transition from leader to follower, I want to assure all of you that I will be a raving fan and cheerleader for CRF and for Matt Roth as CEO of CRF. I am confident that he is the right person at this time and in this place to lead and partner with all of you to take the organization to the next level.
I know you all will do great things and I can’t wait to see what you accomplish together next. I end my time at the helm of CRF with gratitude and hopefulness in what CRF will accomplish.