
Besides making grants to nonprofit groups, the Marin Community Foundation has also established the Marin Community Foundation Loan Fund to maximize the financial capacity of nonprofit organizations in Marin County. The loan fund provides a financial resource to the community by offering debt financing to organizations that typically cannot access or afford commercial debt.
In this section, you can find out more about how the Marin Community Foundation Loan Fund supports short- and long-term financing for different kinds of projects, including construction efforts and the purchase of land or buildings — often to provide affordable housing — as well to provide lines of credit to local nonprofits.
You can start with an overview of the fund — how it works, what it offers, and what we look for in evaluating loan applications.
You can also find out how to apply for a loan. This is two-step process: completing a Letter of Intent and — if that is accepted — submitting a full proposal.
To help you learn more about financing, the Marin Community Foundation Loan Fund staff offers technical assistance both for current borrowers and for the broader nonprofit community in Marin. The goal of these efforts is to help nonprofits understand the role of debt financing in their overall financial picture. |