Revolving Loan Fund (RLF)
Funding Amount
Varies
Deadline
Rolling / Open
Grant Type
Foundation
Deadline history & next window
- Cycle
- Rolling — applications accepted year-round
- Tracked since
- April 2026
Source: the cycle recorded on this listing. Confirm dates with the funder.
Overview
Revolving Loan Fund
Program Type: Low-interest loan program
Geographic Scope: Boone Electric Cooperative service area (rural Missouri)
Purpose: To provide low-interest loans to assist with local economic and community development projects
Funding Focus:
- Job creation and retention
- Economic diversification
- Workforce skill development and improvement
- Infrastructure improvements to enhance health, safety, and/or medical care in rural areas
- General economic and community development
Key Features:
- Acts as a funding source for rural development
- Supports continued improvement in quality of life in rural areas
- Low-interest rates
Application Fee: $250
Contact Information:
- Phone: 573-449-4181
- Mailing Address: P.O. Box 797, Columbia, MO 65205
- Website: booneelectric.coop
How to Apply
Application Process
1. Contact Boone Electric for more information and the RLF application
2. Complete the Revolving Loan Fund application
3. Submit application with $250 application fee
Contact for Application:
What Boone Electric Community Trust actually gave
Source: IRS Form 990, 2025
- Grants in 2025
- 24
- Total given
- $246K
- Median grant
- $9,700
- Range
- $5,000–$29K
- By dollars: Missouri 100%. Top recipient cities: Columbia, MO; Clark, MO; Rocheport, MO.
- 0% of grants with a stated purpose were for general or operating support.
- 67% of recipients were new grantees, not repeat recipients.
Example grants
Voluntary Action Center · Columbia, MO
Further the organiztion's mission
$29K
Senior Services of Boone County · Columbia, MO
Further the organiztion's mission
$25K
The Food Bank for Central & Northeast Missouri · Columbia, MO
Further the organiztion's mission
$17K
Primrose Hill Adult & Teen Challenge · Clark, MO
Further the organiztion's mission
$14K
United Community Builders CDC · Columbia, MO
Further the organiztion's mission
$12K
Focus Areas & Funding Uses
Fields of Work
- Community development
- Economic services
- Workforce development
Categories
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