LOWELL COMMUNITY LOAN FUND INC
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The Lowell Community Loan Fund Inc is a 501(c)(3) grantmaking organization that operates on a relationship-based, invitation-only engagement model and does not accept unsolicited proposals. In 2024, the fund awarded a total of $542.5K across 9 grantees. Nonprofits interested in connecting with this funder can explore warm-introduction pathways through Impala's Funder Prospecting.
Mission Statement
TO ADVANCE COMMUNITY REVITALIZATION AND DEVELOPMENT IN THE MERRIMACK VALLEY BY PROVIDING APPROPRIATE LOAN PROGRAMS AND TECHNICAL ASSISTANCE TO LOW AND MODERATE INCOME COMMUNITIES.
Cause Areas
1
Housing development
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Explore this org's ecosystem
See top causes for this funder's grantees, who else funds them, and their grants.
Grantee
Total Funding
Funding Share
ESSEX COUNTY COMMUNITY FOUNDATION, INC
$400K
19%
Boston Foundation, Inc
$240K
11%
TLE CENTER FOR URBAN ENTREPRENEURSHIP
$150K
7%
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Total No. of Grants
6
Median 1st year grant
$58.3K
Median 2nd year grant
$120K
Top 3 Grants
Matched grants only
Grantee
Grant Size
Frequently Asked Questions
Can I submit an unsolicited grant proposal to LOWELL COMMUNITY LOAN FUND INC?
No. LOWELL COMMUNITY LOAN FUND INC does not accept unsolicited proposals. Funding is by invitation only.
Where does LOWELL COMMUNITY LOAN FUND INC give?
LOWELL COMMUNITY LOAN FUND INC primarily gives to organizations located in Massachusetts, New Mexico, and Louisiana. These states represent the largest share of the foundation’s grantmaking by dollars awarded. Additional geographic details are available to registered users.
What size are LOWELL COMMUNITY LOAN FUND INC’s grants?
The largest share of grants from LOWELL COMMUNITY LOAN FUND INC fall in the $50 thousand to $100 thousand range. The median first-year grant is about $58 thousand. More detailed grant size data is available to registered users.
How many grants does LOWELL COMMUNITY LOAN FUND INC make each year?
In 2024, LOWELL COMMUNITY LOAN FUND INC awarded about 6 grants, totaling nearly $543 thousand. More detailed grant metrics are available to registered users.
Who did LOWELL COMMUNITY LOAN FUND INC fund recently?
In 2024, LOWELL COMMUNITY LOAN FUND INC awarded grants to about 9 grantees. Recent grantees include ESSEX COUNTY COMMUNITY FOUNDATION, INC, Boston Foundation, Inc, and TLE CENTER FOR URBAN ENTREPRENEURSHIP. More detailed information on all recent recipients is available to registered users.
How do we apply to LOWELL COMMUNITY LOAN FUND INC?
LOWELL COMMUNITY LOAN FUND INC does not accept unsolicited proposals. Funding is by invitation only.