Equity Investments — CFDA 87.004 obligation totals

Twenty-six awards carrying $535.7M

USAspending.gov records $535.7M in obligations on assistance awards tagged 87.004. Twenty-six rows at that dollar scale is a compact file. Individual lines on the hub may be large relative to formula programs. The packet has no per-award amounts. Do not divide $535.7M by 26 and publish the quotient as a typical equity investment. Amount-sort on the 26-row table is immediate.

No fiscal year is attached. The listing title is Equity Investments; the extract does not split sectors, instruments, or rounds inside the $535.7M. This guide will not invent that split. If a development-finance report cites a different equity total, match the CFDA number before adding that report to $535.7M. Other credit or guarantee listings are other catalog rows.

An equity-investment listing on USAspending still appears here as assistance-award obligations. That is a catalog fact, not a valuation model. Share counts, ownership percentages, and exit proceeds are not in the packet. SpendingVault reprints the obligation sum so CFDA 87.004 can be compared with other assistance listings on the same metric.

18 recipients on a short investment file

Eighteen recipients hold 26 awards. That is a concentrated identifier list. Repeat names can mean follow-on awards or amendments. The packet does not classify the 18 as funds, companies, or intermediaries. Recipient count is distinct identifiers, not a count of portfolio companies beneath a fund.

An 18-name list is short enough to read in full on the program hub. Repeat appearance is a fact about identifiers, not a finding about investment performance. Due-diligence memos and capitalization tables are not in this extract and are not inferred here.

No state count in the 87.004 rollup

The extract’s state count is 0 in the packet, which this guide reads as: no state geography is supplied in the rollup, not as a claim that the investments operate nowhere. Do not treat a missing state count as proof of overseas-only activity or of a domestic program without local projects. Location, if it exists, lives on award-level records on the program hub.

Missing stateCount also means this rollup cannot support a regional map. Equity deals are geographically specific; this four-field extract is not. The honest geographic tool is the 26-row table, which may still have country or city fields on individual awards. If those fields are blank, this guide will not fill them.

Equity obligations are not investment outlays

Fair-value marks, dividend receipts, and loan-guarantee exposures are different ledgers. CFDA 87.004’s $535.7M is USAspending assistance-award obligations on this listing. Mixing a portfolio valuation into $535.7M would mix ledgers. SpendingVault keeps the assistance-award definition.

Outlays are payments. Obligations are commitments. An equity commitment can sit as an obligation before funds are disbursed. This extract does not report outlays or ownership stakes. Cite $535.7M as recorded commitments on 26 awards. Do not describe the sum as cash already in a fund account.

Not a combined development-finance catalog

Other finance and credit listings can sit near 87.004 on the all-programs index because their obligation totals occupy a similar band. Dollar proximity is not a shared instrument. Do not add this $535.7M to a different CFDA to build a homemade “all federal equity” figure. Keep Equity Investments on its own catalog row.

Opening the 87.004 table

The Equity Investments program page lists the 26 awards and 18 recipients behind $535.7M. The missing state count will not be filled in here; use award-level location fields if they exist. Agency pages are a different USAspending cut; this packet does not name the awarding agency, so the $535.7M stays on the CFDA card. Shareholder reports remain a different file than this obligation rollup. Cite $535.7M only as the CFDA 87.004 obligation total on SpendingVault. Shareholder reports and mark-to-market files are not this CFDA rollup. Cite $535.7M only as the CFDA 87.004 obligation total on SpendingVault. This extract does not name the investment vehicles.

Questions

How much is obligated under Equity Investments CFDA 87.004?

CFDA 87.004 shows $535.7M in USAspending.gov obligations in SpendingVault’s extract. The figure is a sum of assistance-award commitments, not Treasury outlays and not a portfolio valuation or ownership stake. USAspending.gov obligations on CFDA 87.004 are recorded commitments, not Treasury outlays.

How many equity-investment awards are in the extract?

The file lists 26 awards and 18 recipients. Award count is a row count; recipient count is distinct identifiers. The packet does not classify those recipients as funds or companies. USAspending.gov obligations on CFDA 87.004 are recorded commitments, not Treasury outlays.

Which states received CFDA 87.004 awards?

This extract does not include a state count for CFDA 87.004. Missing geography in the rollup is not a claim that awards have no locations. Use the 26-row program table for any location fields USAspending recorded. USAspending.gov obligations on CFDA 87.004 are recorded commitments, not Treasury outlays.

Is $535.7M the amount already invested in cash?

No. Obligations are commitments. Outlays are payments. The $535.7M on CFDA 87.004 is the obligation total. Marks, exits, and disbursement dates are not in this packet. USAspending.gov obligations on CFDA 87.004 are recorded commitments, not Treasury outlays.