Business / Working Capital

Community Development Bankers Association

Since 2001, Partners for the Common Good has played a leadership role in facilitating the growth and development of the community development banking sector by managing the Community Development Bankers Association (CDBA). CDBA is the national trade association of the CDFI bank sector. CDFI banks are focused on providing access to capital and responsible financial services in low-income urban, rural and Native American communities. All members are double bottom line enterprises that balance margin and mission.

Financials

Partners for the Common Good relies on support from our investors and funders. Therefore, each year we disclose our financial statements to the public. Below you will find our most recent audited financial statements and IRS 990 tax documents.

 

Partner

Together we finance community development and encourage community engagement.

Our model of a participation network directly benefits our borrower organizations and the people they serve by providing more capital than individual financial institutions could on their own. Our participation lending network builds the capacity and expertise of local CDFIs committed to serving nonprofits and double bottom line businesses.

PCG Named Finalist for $2.75 million Wells Fargo NEXT Award

(August 10, 2010) The nation’s largest and most prestigious awards program for community development financial institutions (CDFIs) announced today that Partners for the Common Good (PCG) is a finalist for an award of $2.75 million in the highly competitive 2010 Wachovia Wells Fargo NEXT Awards for Opportunity Finance. Awardees will be announced prior to an awards celebration at Opportunity Finance Network’s (OFN’s) 26th Annual Conference in San Francisco, CA.

Pages

Our NMTC Projects

Community Facilities, Healthcare, NMTC
Philadelphia, Pennsylvania
Impact Summary

$5 million NMTC allocation funds medical center for low-income Philadelphia seniors.

Participating Lenders:
None
Community Facilities, NMTC
Chicago, Illinois
Impact Summary

$6 million NMTC allocation helps build new small food business incubator in Chicago.

Participating Lenders:
None
Community Facilities, Education, NMTC
Little Rock, Arkansas
Impact Summary

$7 million NMTC allocation helps construct Little Rock charter elementary and middle school for 1,245 students.

Participating Lenders:
None

Pages