Archive for April, 2015

Community Foundation CEO named one of Top 50 Women in Business

News, Storieson April 13th, 2015No Comments Leave a comment

Community Foundation CEO named one of Top 50 Women in Business

Heidi H. McPherson is a 2015 honoree

SAN LUIS OBISPO, CA The Community Foundation San Luis Obispo County (CFSLOCO) is pleased to announce that Chief Executive Officer Heidi H. McPherson has been named one of the Top 50 Women in Business in the tri-counties of San Luis Obispo, Santa Barbara, and Ventura by the Pacific Coast Business Times. (PDF)

NATIONWIDE COALITION OF COMMUNITY FOUNDATIONS URGES ACTION TO FIGHT PAYDAY LENDING ABUSES

News, Storieson April 10th, 2015No Comments Leave a comment

NATIONWIDE COALITION OF COMMUNITY FOUNDATIONS URGES ACTION TO FIGHT PAYDAY LENDING ABUSES Fifty-seven nonprofit community foundations advocate with federal Consumer Financial Protection Bureau MOUNTAIN VIEW — Marking the first time a group of community foundations has joined together to advocate for a national public policy issue, 57 of the nonprofit organizations have signed a letter urging the head of the Consumer Financial Protection Bureau to adopt rules to curb payday lending practices that routinely draw consumers into long-lasting debt. (PDF)

Letter Regarding Payday Lending Regulations

News, Stories, Uncategorizedon April 10th, 2015No Comments Leave a comment

Dear Director Cordray:

See full letter:

http://lccf.org/wp-content/uploads/2015/04/cordray-letter-updated-04-06-15-sent-on-04-03-15.pdf

 

Opportunity Fund Loan by Community Foundation Santa Cruz County

News, Stories, Uncategorizedon April 7th, 2015No Comments Leave a comment

March 31, 2015 (Aptos) – Community Foundation Santa Cruz County has made a $350,000 charitable investment loan to Opportunity Fund to support the development of new small business opportunities in the county.

The loan to Opportunity Fund provides capital for microloans to nonprofit and for-profit entrepreneurs in Santa Cruz County. The loan carries a 3% annual rate of interest, due to be repaid in full by 2020. (PDF)