New Hampshire Community Loan Fund is proud to share that our organization received an unsolicited donation of $14 million from philanthropist MacKenzie Scott. This extraordinary contribution empowers us to accelerate and strengthen our work.

“We extend deep gratitude to MacKenzie Scott for this powerful gift of unrestricted funds,” said Community Loan Fund President and CEO Steve Saltzman. “This grant is a recognition of the hard work our team puts forth every day delivering tangible impact in communities across New Hampshire and beyond. Our commitment to expanding equitable access to capital enables everyone we serve to build their own American dream. Until all people can fully participate in the economy, our work is not done. Community minded partners like Ms. Scott are the lifeblood of our impact, we simply could not do what we do without generous people like her.”

“We are honored to be recognized alongside many of our peers in the CDFI industry who are driving positive change in their communities,” said Community Loan Fund COO Sarah Marchant. “Ms. Scott’s support of and consistent contribution to the CDFI network is an important boost to Community Development Finance and the economic independence of people with low incomes across the nation.” 

Community Loan Fund is working closely with its Board of Directors to determine how to maximize the impact of this incredible funding opportunity. “The Community Loan Fund staff and board take the responsibility of being stewards of the dollars that our donors and investors entrust to us and maximizing the good that they can do incredibly seriously.” said Community Loan Fund Board Chair Jamie Richardson. “We strive to continuously improve as an organization, and Ms. Scott’s gift will allow us to take our work to another level.  We are incredibly grateful to her and to all our donors and investors, whose generosity enables us to expand our impact and help more of our neighbors.”

Community Loan Fund is a nonprofit Community Development Financial Institution founded in 1983 that provides loans and coaching to people, businesses, organizations, and communities excluded from traditional financial systems. Our services enable them to own and preserve affordable homes, grow small businesses, and access clean energy. 

In its 2024 Fiscal Year, Community Loan Fund financed $31.8 million in lending to communities across NH and VT and administered $183.6 million in grant funding across the US. Community loan Fund provided over 17,000 hours of business, homeownership, and cooperative ownership coaching and guidance. 

To learn more about:

• Community Loan Fund and its impact please visit CommunityLoanFund.org.
• Yield Giving, the philanthropic work of MacKenzie Scott, please visit Yield Giving.