Congratulations to our first three nonprofit loan recipients!

illustrated nonprofit concept

We’re excited to share the first three nonprofits that have received San Diego County COVID-19 Small Business & Nonprofit Loan Program (SBNLP) funding to continue serving their communities.

The National Foundation for Autism Research | $150,000

The National Foundation for Autism Research (NFAR) works to reverse autism related unemployment. They create a much-needed talent pool for tech and other industries in San Diego by preparing young adults with autism for sustainable employment and connecting them with local jobs that align with their strengths. Due to COVID-19, NFAR has faced significant loss of revenue from suspended services, cancelled fundraisers, and declines in individual donations. NFAR will use this loan to maintain facilities and staffing during the pandemic. It will put the organization in a better position to increase services once shutdowns end, allowing them to continue meeting the needs of San Diegans with autism.

Angels Foster Family Network | $150,000

Angel Foster Family Network provides safe, stable, loving homes for infants and toddlers in foster care in San Diego County. Angels trains dedicated families to protect, heal, and nurture the lives of children in foster care. This ensures they have the best opportunity to develop into healthy, productive and confident adults. Due to COVID-19, Angels has lost donor revenue from their large annual gala and other events for raising funds. Angels expect to use SBNLP funds to provide cash flow to bridge gaps from lost donor revenue.

Rise Up Industries | $100,000

Rise Up Industries supports formerly gang-involved and at-risk individuals in their quest for a better, more meaningful life. They provide free job training and work ethic development through three social enterprises: A machine shop, a venture that roasts and sells fair-trade coffee, and a screen printing and embroidery business. COVID-19 has affected Rise Up Industries’ services and revenue. Rise Up Industries intends to use the SBNLP loan to increase shop capacity, and increase their impact by enrolling and training more people in their re-entry program.