Just Funded — Ventura County Community Foundation
(Read the full story below or on the Clearinghouse CDFI website)
Ventura County Community Foundation (VCCF) is a nonprofit organization that connects charitable resources with community needs to promote regional philanthropy via scholarships, grant making, and collaborative partnerships.
Clearinghouse CDFI provided $4.6 million in long-term financing to help VCCF achieve financial stability & continue offering below-market rent for sixteen other nonprofits at the VCCF Nonprofit Center. Nonprofit tenants include:
• Big Brothers Big Sisters • Gold Coast Veterans Foundation • Kids and Families Together • Make-A-Wish Tri-Counties • New West Symphony • Interface Children and Family Services / 2-1-1 Ventura County |
• Congress of California Seniors • Ventura County Military Collaborative • Arrow Child and Family Ministries • Ventura Center for Dispute Settlement • United Way of Ventura County • Areas Christians Taking Initiative on Need (ACTION) |
Clearinghouse was there for us at such a critical time. The long-term financing with a favorable fixed-rate secured our future and was instrumental in providing the stability we so desired. We are grateful to the team at Clearinghouse for being a true partner in every sense of the word.– Vanessa Bechtel, President/CEO, Ventura County Community Foundation
Financing Provided:
- $4.6 Million
Location:
- Camarillo, CA
Impact:
- Preserves Access to Below-Market Rent for Over 16 Local Nonprofits
- Promotes Local Philanthropy
Purpose:
- Long-Term Financing Helps a Nonprofit Achieve Financial Stability