About Nonprofits Assistance Fund
Since 1980 we have been helping nonprofits thrive. We provide loans that help nonprofits realize their visions, financial management training and resources that promote healthy financial practices, and guidance to nonprofit staff on strategic financial planning and management.
MISSION
At Nonprofits Assistance Fund, our mission is to foster community development and vitality by building financially healthy nonprofit organizations. As a 501(c)(3) Community Development Financial Institution (CDFI), we support nonprofits through transformational lending, encouraging healthy financial practices, and by providing strategic financial guidance. Our partnerships with nonprofits in Minnesota and its adjacent communities allow these organizations to focus their energies on achieving their goals and serving others, rather than worrying about their own financial situation.
As a part of the nonprofit community, we understand the unique issues nonprofits face. Our staff takes the time to get to know you, your organization, and your particular financial needs. By building collaborative partnerships, we are able to provide flexible financial assistance and support to nonprofits as they build a brighter future.
What we do
Transformational Lending
At Nonprofits Assistance Fund, it’s more than a loan; it’s a strategic financial collaboration for stabilization, growth, and transformation. Our staff will work closely with you to find the right solutions for your immediate and long-term financial needs. Through our loans and lines of credit, financing of $5,000 to $450,000 is available to help you achieve your goals. Whether you are expanding your programs, buying much-needed equipment, or facing a cash flow shortage, our flexible financial solutions will be suited to your nonprofit’s situation. Learn more about nonprofit borrowing, our loan guidelines, the application process, and how others have benefited from a financial partnership with Nonprofits Assistance Fund.
Healthy Financial Practices
To encourage healthy financial practices in the nonprofit community we offer a range of skill-building workshops and practical resources. No matter your financial background, we have a workshop that will help you develop and strengthen your financial management skills. The workshops are designed by Nonprofits Assistance Fund to meet the needs, budget, and busy schedule of nonprofit staff. Our trainers will walk you through topics such as budgeting, cash flow, and financial reporting in everyday English, using real world examples. You can sign up instantly for any workshop and download any of our financial management resources for use in your day to day work. These articles, templates, and tools will help you implement healthy financial practices at your organization. Check back regularly for tips and new resources.
Strategic Financial Guidance
As a nonprofit, we understand the complexities of nonprofit
finance and are in a unique position to lend a hand. Nonprofits Assistance Fund can provide practical
advice and assistance if you need help understanding or addressing your
finances. Our staff will sit down with you,
one-on-one, to answer questions and offer guidance on a variety of issues, such
as cash flow, financial reporting, debt restructuring, and budgeting. Contact us for a free Financial Needs Assessment;
we can help you connect your money to your mission and turn your passions into
achievable goals. With strong planning
and management, you will be ready to realize your organizational vision.
VALUES
IMPACT. Our financial tools make a tangible, positive difference for our client organizations and the communities they serve.
INNOVATION. We are dedicated to continuously developing and advancing new and creative approaches to achieve our mission.
OPERATIONAL INTEGRITY. We hold ourselves to the highest standards of operational excellence and discipline both for Nonprofits Assistance Funds long term viability and as a model to our clients.
COLLABORATION. We work in partnership with peer organizations to help promote and sustain the vitality of the nonprofit sector and the communities they serve.
LEADERSHIP. We actively participate in the leadership of the broader community, providing a voice for the financial health of nonprofits.
RESPECT. We work closely and cooperatively with our client organizations and staff to help them achieve their full potential.