Appalachian Community Capital Development Foundation
ActivePublic CharityPhilanthropy & Voluntarism
CHRISTIANSBURG, VAWebsite
About Appalachian Community Capital Development Foundation
To increase small business lending and expand access to capital in underserved Appalachian and similar rural/energy-impacted communities by raising and directing capital through a network of mission-aligned lenders, and by providing technical assistance and investment facilitation.
Focus Areas
small business lendingtechnical assistancedowntown developmenthousingmanufacturinginformation technologyhealthcareeducationfood systemsclean energyheritage tourism and recreationcommunity developmentenergy transition and resilience
Who They Fund
About Appalachian Community Capital Development Foundation
Appalachian Community Capital Development Foundation centers its grantmaking on business development in Appalachia, directing capital through a network of mission-aligned lenders rather than making grants to individuals. In 2023, it awarded multiple six-figure grants to lenders working in the region, including $100,000 to Bridgeway Capital, $100,000 to Virginia Community Capital, and $100,000 to Finance Fund Capital Corporation. Those awards reflect a foundation focused on expanding small business lending and access to capital in underserved Appalachian and similar rural and energy-impacted communities. The foundation’s work is place-based and tied to economic development, with support reaching community lenders, technical assistance efforts, and investment facilitation. Its stated focus areas include small business growth, entrepreneurship ecosystem strengthening, and rural economic revitalization, alongside housing, manufacturing, healthcare, education, clean energy, and community development. In the recent grant list, recipients range from regional development finance organizations to community funds and credit-focused intermediaries. The pattern points to a funder that uses grants to strengthen the capital pipeline for local businesses and community projects, especially where traditional financing is harder to access.
What Appalachian Community Capital Development Foundation Funds
Small business lending is the clearest through line in the foundation’s grantmaking. In 2023, it gave $75,000 to Carolina Small Business Development Fund, $50,000 to Alternatives Federal Credit Union, and $50,000 to Mountain Bizcapital, all under the same business development in Appalachia purpose. The foundation also backs community development finance organizations that can channel capital into local economies. It awarded $75,000 to National Capital Investment Fund, $50,000 to Community Works, and $50,000 to Sabre Finance for the same Appalachian business-development work. Technical assistance is another part of the model. Opportunity Appalachia is part of the foundation’s active program set, and the related technical assistance RFP for Green Book Properties in Bluefield, West Virginia, covers architectural and engineering support, market research, and investment prospectus preparation. The foundation also names downtown development, housing, manufacturing, information technology, healthcare, education, food systems, clean energy, heritage tourism and recreation, and community development among its focus areas.
Financial Snapshot
Annual Giving
$905K
Total Assets
$609K
Total Revenue
$957K
Total Expenses
$1.3M
Typical Grant Size
Most grants fall between $50K and $75K, with a median of $63K.
25th Percentile
$50K
Median
$63K
75th Percentile
$75K
Geographic Reach
Regional10 states funded
Funding intensity
LowHigh
Headquarters
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