We are investing locally in our shared work to build a resilient region. 

Loans and loan guarantees with low-to-no interest are available, as an investment from our endowment. We are interested in making investments that will create a measurable community impact toward a fair, thriving and resilient region. Proposals are encouraged in which our investment can help leverage additional funding.

The maximum amount available is $250,000, and the length of term may not exceed 9 years. The amount of funds made available will be determined by the balance in the restricted Community Investment Program. Applications will go through a formal loan approval process.

Initiatives must meet the following eligibility requirements: 

  • Nonprofit Corporations, Units of Government, Educational Institutions or Libraries 

  • Benefit the residents of Antrim, Benzie, Grand Traverse, Kalkaska or Leelanau Counties 

  • Demonstrate organizational capacity to successfully repay the loan 

  • Demonstrate momentum toward our grant criteria 

  • Create a measurable community impact  

These initiatives are not eligible: 

  • Projects that rely upon fundraising campaigns for re-payment of the loan  

  • Loans to individuals 

  • Religious activities or programs that serve, or appear to serve, specific religious groups or denominations 

If you meet the requirements above, you're welcome to connect with Sakura Takano to discuss a potential partnership.

Investments at work

Millions loaned to Goodwill

In response to the need caused by Covid-19, we leveraged $250,000 from our endowed assets to accompany a $2.75 million loan from Northern Trust to Goodwill Northern Michigan. Read the press release here.