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Monday, July 27, 2009

Kresge Foundation: Community Relief Fund

Deadline: Ongoing
Interest-free program-related investment fund offering bridge loans to high-performance organizations so that they may be better able to meet the ever-increasing demand for their services. The fund is designed for applicant organizations that provide comprehensive front-line services, have been in operation for three years, have a solid base of net assets or net worth (or long-term history of recurring revenue), can provide evidence of stable operating performance (net operating surplus over the past three to five years), and possess audited financial statements for the past two years.