LOCUS combines the skills and experience of VCC, a $255-million regulated, certified CDFI bank, and CRE, a national nonprofit with almost two decades of field-tested expertise and resources in economic development and community philanthropy. With LOCUS as a partner, place-based foundations are supported from start to finish, providing a complete continuum of services focused on building prosperous, vibrant communities.
Why Partner with LOCUS
Foundation leaders who care about place are looking for an “on-ramp” to local investing for impact. Increasingly, place-focused foundations are looking to complement traditional grantmaking with direct community investments, and they seek to do so smartly and in a way that manages risk. LOCUS can help by:
- Providing research and philanthropic analytic tools including Transfer of Wealth™
- Assessing the landscape for deals
- Conducting due diligence
- Servicing and monitoring these community investments.
The LOCUS team understands the complexity of community foundations and can help them be responsive to donors, board members and the broader community.
LOCUS gives foundations greater peace of mind and a supportive partner as they embark on local investing for impact. With this support, place-focused foundations will be better equipped to make community investments (PRIs & MRIs) and to partner with Community Development Financial Institutions (CDFIs). Working together with these partners, direct mission-aligned investing can be transformational for communities.
Explore the value that LOCUS can bring through...