Meet Our Team

Tom Raffa is Co-Founder of Raffa Investment Advisers and a long-standing leader in nonprofit financial governance and advisory services. In 1984, he founded and led Raffa, P.C., a nationally recognized public accounting and consulting firm focused exclusively on nonprofit organizations and associations. In 2005, he co-founded Raffa Investment Advisors to help nonprofits and associations align their reserve management with their governance responsibilities and long-term sustainability.

Through decades of advising nonprofit boards, audit committees, and executive leaders, Tom developed deep insight into the financial health and governance structures that allow organizations to thrive. In that work, he observed a consistent gap in the professional management of nonprofit reserves, including limited transparency, inconsistent alignment with governance best practices, and insufficient support for fiduciary oversight.  Recognizing the need for a more disciplined and nonprofit specific approach to investment advisory services, Tom co-founded Raffa Investment Advisers. The firm was purpose-built to prioritize clarity, accountability, and fiduciary partnership, reflecting the standards he believed nonprofit and association boards deserved.

In addition to Raffa, PC and Raffa Investment Advisers, Tom founded Raffa Financial Services to provide employee benefits and risk management services to nonprofit organizations. He continues to advocate for strong governance, financial transparency, and effective stewardship throughout the sector.