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LISC was founded in December 1979 and formally announced in May 1980, with $10 million in capital from the Ford Foundation, Aetna, Continental Illinois Bank, International Harvester, Levi Strauss & Co., and Prudential Insurance. [9] LISC made its first loans and grants to 27 community organizations in December 1980.
The Trustmark Foundation was established in 1984 to advance the company’s commitment to supporting underserved communities and enhancing health and overall wellbeing. Each year, Trustmark contributes a percentage of pretax earnings to the Foundation. Foundation grants directly support the United Way and community health, safety and education.
One of the oldest nonprofit loan funds in the United States, Enterprise Community Loan Fund - a subsidiary of Enterprise Community Partners has loaned more than $725 million to help build or renovate 91,000 affordable homes. They also offer local funds in Atlanta, Louisiana, Los Angeles, and New York City.
Kiva U.S. trustees can be local non-profits, service organizations, businesses, faith organizations or community leaders. [33] The average loan size for US borrowers is $5,000. [34] US borrowers average about two years to repay loans. [32]
For convenience, all non-profit organizations based in Chicago, Illinois, are included in this category. This includes all articles about legal non-profit organizations (NPO) that have either incorporated or have their headquarters in Chicago. These articles may also be found in the subcategories.
It also oversees funding for the Federal Housing Administration and economic and community development programs, such as Community Development Block Grants. Specific agencies under its jurisdiction are the Federal Aviation Administration , the National Transportation Safety Board , the Surface Transportation Board , and the Washington ...
A food bank is a non-profit, charitable organization that distributes food to those who have difficulty purchasing enough to avoid hunger, usually through intermediaries like food pantries and soup kitchens. Some food banks distribute food directly with their own food pantries.
What is a community bank? Community banks are commonly defined as individual banks that have less than $1 billion in assets, while community banking organizations generally are those with under ...