THE CONTACT FUND

Ultimately, Contact Fund is based on a very straightforward concept: private investors would be willing to invest their capital in local NYC neighborhoods while also receiving a financing return if there was a simple, low risk way to do it. Contact Fund is committed to fostering a community of private investors who share similar values... Since 2005, Contact Fund has raised more than $5 million in additional capital from individual investors. Contact Fund made its first loan to Acción - New York in 2005 and has since made 23 other loans. To date, Acción - New York, Asian Americans for Equality (AAFE) - Community Development Fund, Women's Housing and Economic Development Corporation, Local Initiatives Support Corporation NYC The Lantern Organization, Green City Force, and the Disability Opportunity Fund have repaid their loans in full... In February 2013, Contact Fund and SeaChange Capital Partners formed an alliance to enable better access to mission-driven capital for New York..

Also known as: The Contact Fund, LLC

Registration numbers: IC006510 (CH)

Primary location: New York United States