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Leveraging Loan Programs to Support Nonprofits and Businesses

Throughout the pandemic, foundations have been rapidly responding to community needs in a variety of ways. We have seen an emerging theme across the funder landscape when it comes to relief efforts: the use of loan programs to support nonprofits and small businesses.

The Community Foundation for Muskegon County announced on Thursday that it has partnered with Grand Rapids Opportunities for Women (GROW), a nonprofit focused on supporting entrepreneurs, to create a loan program for businesses in Muskegon County that have been directly impacted by COVID-19. The Muskegon County Recovery Loans

Throughout the pandemic, foundations have been rapidly responding to community needs in a variety of ways.

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