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Causes: Community & Neighborhood Development, Economic Development, Nonprofit Management, Philanthropy
Mission: The mission of nonprofits assistance fund is to strengthen the community by investing capital and expertise in nonprofits.
Programs: As a community development financial institution (cdfi) certified by the us treasury, nonprofits assistance fund makes loans to nonprofit organizations to expand programs and services, bridge cash flow gaps, consolidate debt, and make capital improvements. We make loans as large as $1 million and as small as $10,000. Our borrowers are nonprofits of all sizes and stages of development. In fy2015, we made 103 new loans totaling $16,144,689. Our lending impacted organizations working in health care, human services, arts and humanities, charter schools, community development, and affordable housing.
nonprofits assistance fund provides high-quality training and extensive resources to the board and staff of nonprofit organizations across minnesota, surrounding states, and nationwide. Our trainers presented in-person workshops, live webinars, conference sessions, and speaking engagements that impacted over 3,200 people at 112 events in fy2015. Our website is visited by tens of thousands of individuals each year, accessing our impressive array of downloads, articles, blog posts, and other nonprofit financial management tools.
nonprofits assistance fund provides technical assistance and financial management advice in the form of one on one meetings and consultation. This expertise is shared in-person, over the phone, and by email. Our team of nonprofit financials experts make themselves available to executive directors, board members, staff, and volunteers of nonprofit organizations in all fields and of all sizes. In fy2015, we provided over 1350 hours of free financial advice to individuals representing 449 different organizations.