http://www.theworkingworld.org/us/
USA: 228 Park Ave S # 27395 / New York, NY – 10003 /

Tel: +1-646-257-4144

HEARTLAND CAPITAL STRATEGIES
Tom Croft, Managing Director
c/o Steel Valley Authority
1112 South Braddock Avenue,Suite 300
Swissvale, PA 15218
phone: 412-342-0534 fax: 412-342-0538
email: t.w.croft at steelvalley.org|heartland@steelvalley.org

CUTTING EDGE CAPITAL
436 14th Street, Suite 1120
Oakland, CA 94612
info@cuttingedgecapital.com
(510) 834-4530
http://www.cuttingedgecapital.com/

POTENTIAL SOURCES OF [[#|GRANTS]], INVESTMENTS, AND LOANS
FOR COOPERATIVE BUSINESSES
Compiled by Mary HoyerSOURCES OF EQUITY
1- Membership fees are an important source of income for cooperatives. Membership fees that are too high for members to pay all at once may be subsidized by a Co-op Fund of NE loan. Member fees that come in prior to operations should be put in an [[#|escrow account]] until all funds are committed and available.
2- Donations (from family friends, community)
3- Event fundraising
4- Grants

• Adrian Dominican Sisters Adrian, MI 517-266-3521
• Annie E. Casey Foundation
• Ben and Jerry’s Foundation
• CHS Foundation
• Co-op Charitable Trust Somerville, MA 617-629-0678
• Co-op Development Foundation www.cdf.coop / www.cooperativedevelopment.coop
• Economic Development Administration Revolving Loan Funds www.nado.org
• Employee Ownership Foundation http://www.employeeownershipfoundation.org/
• Enterprise Community Partners www.enterprisecommunity.org
• Equal Exchange http://www.equalexchange.coop/equal-exchange-fundraising
• Social Entrepreneurship Fund www.ncoa.org
• Kagawa Fund for Student Co-ops www.cdf.coop
• Linking Economic Development and Child Care Technical Assistance Project

www.early childhoodfinance.org

• Mutual Service Foundation www.countryfinancial.com
• Nationwide Foundation www.nationwide.com
• North Coast Cooperative Community Fund http://community.coop/ccf/participate.php?id=25
• Twin Pines Cooperative Foundation http://community.coop/ccf/
• USDA Cooperative Development Division Washington, DC 202-690-2434

5- On line funders

• LikeMinded
• Kickstarter
• FundRazr
• Chipin

6- Business profits when available

SOURCES OF EQUITY-LIKE CAPITAL
1- Preferred stock purchased by family, friends, community institutions.
2- Subordinated loans from members, family, friends, community institutions.
3- Cooperative Capital Fund www.cooperativefund.org New England and adjacent portions of New York State only

SOURCES OF LOANS AND [[#|LINES OF CREDIT]]
1- Community Loan Funds

• Boston Community Loan Fund www.bostoncommunitycapital.org
• Cooperative Fund of New England www.cooperativefund.org
• Capital District Community Loan Fund Albany, NY www.cdclf.org
• Commonwealth Revolving Loan Fund (Ohio Employee Ownership Center) http://www.commonwealthinc.org/new_page_4.htm
• Community Economic Development Fund Hartford, CT 860-249-3800
• Community Reinvestment Fund www.crfusa.com
• Fairfield County Loan Fund Bridgeport, CT 203-333-7585
• Franklin County CDC www.fccdc.org
• Greater New Haven Community Loan Fund www.GNHCLF.org
• Hartford Economic Development Corporation Hartford, CT 860-527-1301
• Leviticus 25:23 Alternative Fund wwsw.leviticusfund.org
• Local Enterprise Assistance Fund www.leaffund.org
• Marianist Sharing Fund Baltimore, MD 410-366-1300
• McAuley Institute www.mcauley.org
• New Hampshire Community Loan Fund Concord, NH 603-224-6669
• Northcountry Cooperative Development Fund http://www.ncdf.coop/
• Northcountry Worker Ownership Fund http://ncdf.coop/WorkerOwnershipFund.html
• Northeast Entrepreneur Fund Virginia, MN 800-422-0374
• Northern Community Investment Corporation 802-748-5101
• Partners for the Common Good San Antonio, TX 210-431-0616
• SeedCo www.seedco.org
• Twin Pines Fund
• Vermont Community Loan Fund Montpelier, VT 802-223-1448
• Western Massachusetts Enterprise Fund www.wmef.org

2- Banks

• Your local banks (often will lend only if the co-op has established a track record with a community lender, but it doesn’t hurt to try)
• Amalgamated Bank Washington, DC 202-293-9800
• CoBank www.cobank.com
• National Cooperative Bank www.ncb.com

3- Government

• Your local government
• Your regional government
• The federal government– USDA Cooperative Development Division Washington, DC 202-690-2434

4- Sellers (occasionally, a building seller will extend credit to the purchaser much like a bank will)