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The Omaha Community Foundation has launched the Community Loan Fund with the aim of accelerating positive social outcomes within our community through impact investing.
The Community Loan Fund differs from the standard grant-based philanthropy championed through the Omaha Community Foundation. The fund makes flexible, affordable loans to qualified nonprofits with the dual objectives of significant community impact together with a financial return.
The Community Loan Fund facilitates the local investment of additional charitable capital in response to community needs, where the organization or project being financed has repayment capacity.
The Community Loan Fund has already made local investments in the Nebraska Enterprise Fund, Native360 Loan Fund, and Midwest Housing Development Fund.
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A customized collection of news from foundations from around the Web.
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Foundation: Foundation to Promote Open Society, Open Society Institute, Silicon Valley Community Foundation, Ford Foundation, Fidelity Investments Charitable Gift Fund
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Foundation: California Community Foundation, San Diego Foundation
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Kids can earn prizes during Winter Break Reading Challenge; IDignity Osceola to transition to Hope Identification.Kids can use Beanstack reading app at home or anywhere they can connect.Children ages...more
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Social Entrepreneurship
Spotlight
Keeping Half the Profits Beats Non-profits for Social Impact
Melbourne social enterprise Who Gives A Crap sold nearly 3 million rolls of toilet paper in 2014/15 and gave half the proceeds to WaterAid Australia, but co-founder Simon Griffiths says the donation would have been less had the startup adopted a non-profit model when it launched two years ago.