COOPERATIVE DEVELOPMENT FUND OF CDS
To help start and grow cooperatively owned enterprises.
About COOPERATIVE DEVELOPMENT FUND OF CDS
Cooperative Development Fund of CDS (EIN 39-1540529) is the 501(c)(3) charitable subsidiary of Cooperative Development Services (CDS), headquartered in Eagan, Minnesota. The Fund serves as a fiscal sponsor and grant-making vehicle that channels philanthropic and public support to cooperative startups, co-op conversions, and community-based economic development projects. In fiscal year 2024 the Fund maintained a portfolio of active fiscal sponsorship agreements, distributed roughly $1.5 million in grants to support cooperative ventures, and began administering a $750,000 congressional appropriation (via a HUD grant) to support construction of a food co-op in Illinois. The Fund publishes public Form 990 filings and is included in CDS’s audited financial statements, enabling donor-facing activity and transparent stewardship of contributed funds. As the charitable arm of CDS, the Fund complements CDS’s technical assistance, education, and capitalization services and helps cooperatives access philanthropic resources and formal fiscal sponsorship arrangements regionally and nationally.
Notable achievements
Managed $750,000 HUD appropriation (FY24)
In FY24 the Fund received and began administering a $750,000 congressional appropriation—disbursed via the U.S. Department of Housing and Urban Development—to support construction of a community food co-op in Illinois.
Active fiscal sponsorship portfolio (FY24)
The Fund reported 16 active fiscal sponsorship agreements in FY24 and distributed approximately $1.5 million in grants and charitable contributions to support startup co-ops and cooperative projects.
Sustained cooperative development impact
As the 501(c)(3) subsidiary of Cooperative Development Services, the Fund contributes to CDS’s multi-decade work supporting cooperative enterprise development; CDS has participated in the development, restructuring, or expansion of hundreds of cooperatives since 1985.
At a glance
- Total assets
- $356K
- Annual revenue
- $789K
- Tax status
- 501(c)(3)Public charity
- EIN
- 39-1540529
- Location
- Eagan, MN
- Website
- www.cdsus.coop
- On Mahalo since
- May 2026
Financial figures from the IRS Business Master File, the IRS’s registry of tax-exempt organizations.
Recognition
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