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.
According to America’s Charities’ Snapshot 2017 report, nearly 71 percent of workplace donors say that they want to work for employers who have missions and values that align with their own personal values. What’s more, nearly 6 in 10 workplace donors say they want to work for companies where the culture supports giving and volunteering.
To accommodate these interests, and to recruit and keep a talented workforce, many companies offer the chance for employees to take part in seasonal giving campaigns or in an annual day of service. But for companies that are truly committed to building a culture that is focused on giving back, a once-a-year event or campaign often isn’t enough.
When it comes to annual check-ups we make it a priority to visit the doctor, dentist or even a vehicle inspection. Although many of us put it off as long as we can, or even avoid it all together. Why? Fear of bad news, fear of being judged, fear of costs, fear of change…the list goes on. But check-ups are necessary and good for us. The same holds true with your employee giving program. No better time than now to get started.
America’s Charities can help your company design and implement a program centered on supporting nonprofits through workplace giving campaigns, employee fundraising, cause-focused signature programs, volunteerism, donation drives, matching gifts, Dollars-for-Doers, In-Kind Giving and other employee engagement and philanthropic initiatives.
Christian Appalachian Project (CAP) is a nonprofit, interdenominational organization in Appalachia committed to serving people in need through self-help human service programs. They are creating a community of care through a network of programs and services.
Much of the work accomplished by CAP is made possible by the generosity, support, and service of community and corporate partners like Louisville-based Texas Roadhouse. A valued corporate partner for the past seven years, Texas Roadhouse enjoys giving back and working in the community, and has sent volunteer teams annually to complete an array of projects.
CAP and the local Texas Roadhouse leadership realized they share the same passion for making an impact in the lives of children and their families in Appalachia.
Those living in poverty in Eastern Kentucky, and Central Appalachia generally, deal with chronic and serious challenges. Much progress has been made in tackling poverty in Appalachia over the past 50 years, but pockets of severe rural poverty remain, particularly in Eastern Kentucky. While the average poverty rate in the 54 counties of Appalachian Kentucky fell from 60% in 1960 to 26% in 2010, rates are still high compared to the national average of 16%. Rates exceed 30% in more than a dozen counties, including those served by Christian Appalachian Project’s (CAP) programs.
While it often feels like one individual’s actions doesn't have an impact on the big picture, the truth is that we all have the power to make a difference and influence change. In fact, the majority of giving (at least 71% of total annual donations) is from individuals. Through our work at America’s Charities, we empower individuals and organizations to support causes they care about, and we do this to bring more resources to the nonprofits that are changing our world.
People ask us all the time why Fairfax County needs a food bank. Just do the math. In 2015, Fairfax County had a median family income of $129,538 a year. The average housing rental cost was $1687 a month. The poverty level for a family of four is now $24,600 a year. And, of course, the national minimum wage is still $7.25 an hour.
Every day, millions of Americans have to sacrifice food, education, and healthcare because the cost of housing is so high. The numbers are grim: only one out of every four households who needs housing assistance gets it; more than one in four renters pays more than half of their income on housing costs; and nationwide waiting lists for affordable housing are years long. Many lists aren’t even open to new applicants because the backlog is so enormous.
At the beginning of every school year, many eager children sit in the front of the classroom armed with No. 2 pencils, wide-ruled paper and all of the other supplies needed for success. Some students never have to worry about not having access to the materials needed for class. However, that is not the case for many children around the U.S.
Visa has made a three-year financial commitment to help the Universal Postal Union, which is the primary forum for cooperation in the global postal system, advance financial inclusion through its new Financial Inclusion Technical Assistance Facility. Of the world’s 661,000 post offices, 91 percent offer some form of financial services, and the UPU aims to increase the number of payment accounts held by posts by 250 million by 2020.
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