The Inland Empire Community Foundation has selected NFF as fund manager for a new revolving loan fund designed to support nonprofits that provide critical services, with investments from:
- The City of Riverside Non-Profit Resilience Fund
- The San Bernardino County Nonprofit Revolving Loan Fund
Loans will range from $100,000 to $400,000 and feature affordable interest rates. As loans are repaid, funds will be available to other nonprofit borrowers, extending the impact of the initial investments. Loans will help nonprofits navigate growth, funding disruptions, payment delays, and other hurdles to financial stability and social impact.
This unique partnership between local government, the Foundation, and NFF (a certified Community Development Financial Institution) will support the nonprofit ecosystem and increase access to capital in the Inland Empire, one of the fastest growing and yet underserved regions in the state of California.
Nonprofits interested in applying can complete this assessment survey.