KeyBank Community Development Lending and Investment (CDLI) provided $16.6 million in low income housing tax credit equity (state and federal), a $21.3 million construction loan and $6.3 million taxable equity bridge for the construction of Silos Apartments.
Whole Planet Foundation focuses on microloans, which the organization has designed for ease of access; the way in which this program works is critical because acquiring seed money is a formidable task for anyone in poverty. TriplePundit’s Tina Casey recently showcased how Whole Planet Foundation is partnering with several food companies to make a global impact for the better.
Regardless of political leanings, companies understand that climate change presents a significant risk to the American economy and recognize the urgent need for action. “One of the most important things that companies can do is to continue to elevate the voices that say ‘this is beyond politics,’” says Anthony Leiserowitz, Director of the Yale Program on Climate Change Communication in a recent Ceres webinar.
KeVita, a PepsiCo. brand, has joined the Supplier Alliance for Microcredit, pledging $50,000 in 2019 to alleviate global poverty through Whole Planet Foundation.
The brand has been a proud supporter of Whole Planet Foundation since 2012, donating more than $460,000 to alleviate global poverty through microcredit and renewing their membership in the $100,000 Fund in 2019.
A future where disclosure of the taxes paid by businesses is common international practice is one step closer, following widespread and trans-national support received through a GRI consultation on creating a new reporting standard for corporate tax.
Those of us who work for or support the nonprofit sector have always known how important it is to the nation’s health, environment, safety net, creativity and quality of life. From churches to cultural centers to food banks, schools and humanitarian organizations, the nonprofit sector feeds the nation’s soul, its heart and its body. But, it’s also critically important to the nation’s economy and job market.
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