LATINO COMMUNITY FOUNDATION OF COLORADO logo

Colorado Communities of Color Loan Fund

LATINO COMMUNITY FOUNDATION OF COLORADO

Funding Amount

$10,000 - $250,000

Deadline

Rolling / Open

Grant Type

foundation

Overview

Colorado Communities of Color Loan Fund

Funder: Latino Community Foundation of Colorado

Type: Revolving loan fund (not a grant)

Fund Size: $3 million initial investment

Geographic Scope: Colorado

Program Duration: Five-year pilot project

Status: CURRENTLY CLOSED - Not accepting applications. LCFC is updating processes and anticipates reopening to applications in Q3 2025.

Purpose

Ensure access to capital to nonprofit organizations led by and serving communities of color. Addresses chronic undercapitalization and financial instability that prevents long-term strategy development and impacts day-to-day nonprofit management.

    Loan Terms

  • Interest Rate: 0% to 2%
  • Loan Amount: Minimum $10,000, Maximum $250,000
  • Payoff Period: 1 to 5 years
  • Maximum Loan Size: Not to exceed 20% of the organization's annual operating budget

    Eligible Uses of Funds

  • Cash flow needs related to reimbursement contracts
  • Social enterprise launch or expansion
  • Capital investments or improvements

    Eligibility

  • Nonprofit organizations led by and/or serving communities of color
  • Colorado-based

Oversight

Community Advisory Committee comprised of community leaders with majority representing communities of color, responsible for loan approvals, vetting, and determining risk tolerance.

Community Advisory Committee Members:

  • Jennifer Lopez

  • Alejandro Monarez

  • Emma Schwarz

  • LaDawn Sullivan
  • Contact Information:

  • Phone: 720.923.7614

  • Email: info@latinocfc.org
  • Focus Areas & Funding Uses

    Fields of Work

    nonprofitsminoritiesbipoc

    Categories

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