Emergency Loan Fund
The Emergency Loan Fund (ELF) is a collaborative program of the members of NCG. It provides quick-turnaround, low-cost financial assistance to nonprofit organizations located in Alameda, Contra Costa, Marin, San Mateo, and San Francisco counties.
The ELF was established in 1973 in response to the unique cash flow needs of nonprofit organizations, especially nonprofits whose services are in jeopardy due to cash-flow problems created by delays in the contracting or payment schedules of public and private funding sources and the absence of a substantial cash reserve.
The ELF makes short-term, low-interest loans and gives small grants (up to $5,000) for technical assistance that builds financial infrastructure. So far the ELF has provided 1,289 low-interest bridge loans and 264 grants totaling over $31 million, a huge investment in the health of the Bay Area nonprofit community.
In This Area
- ELF History and Leadership
Learn about the grantmakers behind this uncommon collaboration - Apply for a Loan
For nonprofit and fiscally sponsored organizations - Return to your Loan Application
Materials
- ELF Staff
- ELF Funders
- ELF Cash Flow Template
a mandatory attachment to ELF loan applications - ELF List of Pending & Confirmed Funds
another mandatory attachment to ELF loan applications - ELF Board Resolution
the final mandatory attachment to ELF loan applications
Links
- Are funder collaboratives good for grantees?
GrantCraft asked 1,200 readers this question and came up with interesting results plus five lessons - The Emergency Loan Fund Website
The public website of the Fund