Fund

Oregon Community Foundation: Oregon Small Business Stabilization Fund

Host Organization: Oregon Community Foundationmdi-circle-small Portland, OR, United States mdi-circle-small oregoncf.org

About

As we experience this pandemic, we are mindful of its disproportionate impact on communities of color, individuals who experience poverty, individuals who experience disabilities, individuals who experience homelessness, children, and other vulnerable populations. As we advance our mission, vision and values, our equity lens will guide and inform our response as a foundation to address this disproportionate impact.

OCF launched a philanthropic fund to support Oregon’s small business owners as they grapple with the realities of severely constricted economic activity during the Coronavirus pandemic.

Seeded with a $300,000 investment from OCF, the Oregon Small Business Stabilization Fund provides emergency capital to nonprofit community lenders in both urban and rural communities, increasing these lenders’ capacity to offer low-interest and no-interest loans and technical assistance to small businesses. Small businesses dealing with reduced sales and revenue can use the loans to continue to retain employees until economic activity picks up in a few months.

The Oregon Small Business Stabilization Fund will provide funds to nonprofit organizations in Oregon that provide loans or grants to small businesses particularly affected by the outbreak of COVID-19. Small businesses are not eligible to receive grants.

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About the Host

Our mission is to improve the lives of all Oregonians through the power of philanthropy. As a statewide community foundation we work alongside donors, stewarding their priorities into strategic giving to support diverse communities across Oregon, creating lasting, transformative change.

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