Since 1995, NFF has provided financial and advisory services to nonprofits in Massachusetts, and today serves organizations throughout New England. Learn more below!
Capital Ideas: NFF and the Hauser Center Explore Funding Practices
On March 15, 2007, a symposium co-presented by NFF and the Hauser Center for Nonprofit Organizations at Harvard University examined promising funding practices that address the long term sustainability of nonprofits. Entitled Capital Ideas: Moving from Short Term Engagement to Long Term Sustainability, [17] this symposium brought together funders, researchers, practitioners and other leaders. This small group examined initiatives that support organizational capacity building, financial health and enhanced program performance among nonprofits.
The Worcester Center for Performing Arts (WCPA) undertook a $30 million renovation to transform a historic theatre in downtown Worcester into the Hanover Theatre for the Performing Arts, a new 2,300-seat performing arts space. WCPA sought the help of NFF because of a shortfall in construction costs. NFF first teamed up with WCPA in 2005 to issue a predevelopment loan for the beginning phases of the project. Two years later, NFF is pleased to work with investor Citibank, through the New Markets Tax Credits [18] initiative, to help raise the curtain on Worcester's new theatre. |
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Four years into an ambitious construction project, the Holyoke Health Center (HHC) was faced with construction cost overruns. With a $1.625 million loan commitment from NFF, HHC was able to complete La Plaza de Salud, a full-service, 108,000 square-foot medical center. Located in the central business district of Holyoke, the center will bring much-needed care to a community struggling with the highest death rates in the state from diabetes and heart disease, as well as high incidences of HIV, drug use, and teen pregnancy. |
NFF Workshops in New England:
Read [28] or download [29] our case [30]study on hopeFound: Finding the Way Through Data, Discipline and Dialogue
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To read "Discipline Will Shape Nonprofits' Success in 2010, Leaders Say" in the January, 2010 issue of massnonprofit.org, please click here [31].
Lending to economic development nonprofit organizations in Hartford, CT is supported by funding from The Prudential Foundation.
Links:
[1] http://nonprofitfinancefund.org/northeast/new-england#services
[2] http://nonprofitfinancefund.org/northeast/new-england#hauser
[3] http://nonprofitfinancefund.org/northeast/new-england#clients
[4] http://nonprofitfinancefund.org/northeast/new-england#workshops
[5] http://nonprofitfinancefund.org/northeast/new-england#staff
[6] http://misc.nonprofitfinancefund.org/region-maps/#/geocode_contacts_ne
[7] http://nonprofitfinancefund.org/northeast/new-england-catalyst-fund
[8] http://nonprofitfinancefund.org/loans-financing/loans
[9] http://nonpr