Still vibrant as it goes into its 100th year in 2017, the YWCA of Southern Arizona is as entrepreneurial today as it was nearly a century ago when it was the first organization to provide full-day daycare and housing for women going to work and school. Today, with supportive financing from the Nonprofit Loan Fund of Tucson and… Read more »
“There are several reasons investors value NPLF,” said Maura Grogan, NPLF executive director. “One is philanthropic. Unlike a straight donation, investors get their money back after a period of time and can redeploy it either back with NPLF or for other purposes. They also earn a modest return that exceeds what those funds would get if… Read more »
Providing loans as a “hand up” is core to Habitat for Humanity Tucson‘s business model, and one of the reasons Habitat Tucson is an investor in the Nonprofit Loan Fund of Tucson and Southern Arizona (NPLF). “The inability to obtain a traditional loan is the biggest problem for our home buyers, so Habitat Tucson makes the loans… Read more »
Board and staff of the Nonprofit Loan Fund were delighted when our borrower True Concord Voices & Orchestra won a GRAMMY last month for a composition by Stephen Paulus performed on its first internationally released album “Far in the Heavens.” It was a fitting honor for this Tucson-based nonprofit with a global reputation. “We were thrilled to get a GRAMMY win… Read more »
In September 2015, Tucson Botanical Gardens (TBG) celebrated the grand opening of its new Visitors Center and exhibit Nature Connects – Art with LEGO Bricks thanks, in part, to funding from the Nonprofit Loan Fund. Nature Connects – Art with LEGO Bricks featured 13 larger than life nature sculptures, including a giant hummingbird, that were made with as many as 65,000 individual LEGOs. The new Visitors Center and major exhibits… Read more »
Inside Tucson Business: Nonprofit Loan Fund Announces New Board Members
Arizona Daily Star: Resources abound for business funding in Tucson
BeachFleischman PC Newsletter: A New Funding Source for Southern Arizona Nonprofits,
BizTucson: Loan Fund a Bridge for Nonprofits – Market-level rates relieve cash-flow gaps
Inside Tucson Business: “Nonprofits need relief from accountability red tape