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    3. Appalachian Community Capital Development Foundation
    Logo de Appalachian Community Capital Development Foundation

    Appalachian Community Capital Development Foundation

    ActivoPublic CharityPhilanthropy & Voluntarism
    CHRISTIANSBURG, VASitio web

    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
    Intensidad de financiamiento
    Baja
    Alta
    Sede

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    Política de privacidadTérminos de servicioEstado del sistema
    EIN (identificación fiscal): 46-2827486Último Formulario 990: 2023Activos totales: 609 mil US$1 declaraciones registradasEncuentra su declaración 990 completa →
    Descubre si hay afinidad — GratisCuenta gratuita · puntaje de afinidad inmediato · financiadores similares
    Appalachian communitiesrural residentssmall business owners / entrepreneurs

    Funding Style

    place-based/regional focuseconomic developmentcapacity buildingentrepreneurship support

    Topics

    business developmentsmall business growthentrepreneurship ecosystem strengtheningrural economic revitalizationregional investment in Appalachia

    How Appalachian Community Capital Development Foundation Gives

    The foundation’s typical grant size is tightly grouped: p25 is $50,000, median is $62,500, and p75 is $75,000. In 2023, the recent grants list shows a cluster of grants at those levels, with a smaller number at $100,000 and one at $25,000. The pattern also suggests recurring relationships rather than isolated awards. The same 2023 business-development theme appears across multiple lenders and intermediary organizations, and the foundation’s program portfolio includes active initiatives such as Opportunity Appalachia and the Green Bank for Rural America. It is a public charity, not a private family foundation, and it does not fund individuals or make program-related investments. Unsolicited applications are accepted for some listed programs, including Opportunity Appalachia and Green Bank for Rural America.

    Where Appalachian Community Capital Development Foundation Makes Grants

    Grantmaking is regional and heavily concentrated in the Appalachian footprint, with Virginia as the top state by grant count. One-fifth of grants in the recent list go to recipients in the HQ state, and the recipient cities include Christiansburg, Richmond, and Roanoke in Virginia. Outside Virginia, grants land across Appalachian and nearby regional hubs such as Houston, Raleigh, Cleveland, Nashville, Charleston, Birmingham, Asheville, and Ithaca. The recipient country distribution is entirely U.S.-based, with 14 grants in the United States and none abroad.

    Frequently Asked Questions About Appalachian Community Capital Development Foundation

    What types of organizations does Appalachian Community Capital Development Foundation fund?

    It funds mission-aligned lenders, community development finance organizations, and technical assistance efforts tied to business development in Appalachia. Recent recipients include organizations in Virginia, North Carolina, Tennessee, Ohio, South Carolina, and West Virginia, all supported for Appalachian business-development work.

    What is the foundation’s typical grant size?

    Its grant sizes are concentrated in the mid-five-figure range: p25 is $50,000, median is $62,500, and p75 is $75,000. The recent grants list also includes a small number of $100,000 awards and one $25,000 award.

    Does the foundation accept unsolicited applications?

    Yes, for some listed programs. The active program set shows unsolicited access for Green Bank for Rural America and Opportunity Appalachia, while the technical assistance RFP for Green Book Properties is a request-for-proposals process.

    What are the foundation’s main focus areas?

    Its stated focus areas include small business lending, technical assistance, downtown development, housing, manufacturing, information technology, healthcare, education, food systems, clean energy, heritage tourism and recreation, community development, and energy transition and resilience.

    Where does the foundation give most often?

    Virginia is the top state by grant count, and 21% of grants go to recipients in the HQ state. The recent list includes recipients in Christiansburg, Richmond, and Roanoke, alongside organizations in other Appalachian states.

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    Latest 990 Filing

    2023

    Source: IRS Form 990-PF, fiscal year 2023.

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    BRIDGEWAY CAPITALHOUSTON, TX$100,0002023BUSINESS DEVELOPMENT IN APPALACHIA
    VIRGINIA COMMUNITY CAPITALCHRISTIANSBURG, VA$100,0002023BUSINESS DEVELOPMENT IN APPALACHIA
    FINANCE FUND CAPITAL CORPORATIONCOLUMBUS, OH$100,0002023BUSINESS DEVELOPMENT IN APPALACHIA
    CAROLINA SMALL BUSINESS DEVELOPMENT FUNDRALEIGH, NC$75,0002023BUSINESS DEVELOPMENT IN APPALACHIA
    ACCESS TO CAPITAL TO ENTREPRENEURS INCCLEVELAND, GA$75,0002023BUSINESS DEVELOPMENT IN APPALACHIA
    SOUTHEAST COMMUNITY CAPITAL CORPNASHVILLE, TN$75,0002023BUSINESS DEVELOPMENT IN APPALACHIA
    NATIONAL CAPITAL INVESTMENT FUNDCHARLES TOWN, WV$75,0002023BUSINESS DEVELOPMENT IN APPALACHIA
    SOUTH CAROLINA COMMUNITY FUNDCHARLESTON, SC$50,0002023BUSINESS DEVELOPMENT IN APPALACHIA
    COMMUNITY WORKSCHARLESTON, WV$50,0002023BUSINESS DEVELOPMENT IN APPALACHIA
    ALTERNATIVES FEDERAL CREDIT UNIONITHACA, NY$50,0002023BUSINESS DEVELOPMENT IN APPALACHIA
    SABRE FINANCEBIRMINGHAM, AL$50,0002023BUSINESS DEVELOPMENT IN APPALACHIA
    MOUNTAIN BIZCAPITALASHEVILLE, NC$50,0002023BUSINESS DEVELOPMENT IN APPALACHIA
    FOODSHED CAPITALRICHMOND, VA$30,0002023BUSINESS DEVELOPMENT IN APPALACHIA
    TOTAL ACTION AGAINST POVERTY - RKE VALLEYROANOKE, VA$25,0002023BUSINESS DEVELOPMENT IN APPALACHIA

    BRIDGEWAY CAPITAL

    $100,000
    HOUSTON, TX2023

    BUSINESS DEVELOPMENT IN APPALACHIA

    VIRGINIA COMMUNITY CAPITAL

    $100,000
    CHRISTIANSBURG, VA2023

    BUSINESS DEVELOPMENT IN APPALACHIA

    FINANCE FUND CAPITAL CORPORATION

    $100,000
    COLUMBUS, OH2023

    BUSINESS DEVELOPMENT IN APPALACHIA

    CAROLINA SMALL BUSINESS DEVELOPMENT FUND

    $75,000
    RALEIGH, NC2023

    BUSINESS DEVELOPMENT IN APPALACHIA

    ACCESS TO CAPITAL TO ENTREPRENEURS INC

    $75,000
    CLEVELAND, GA2023

    BUSINESS DEVELOPMENT IN APPALACHIA

    SOUTHEAST COMMUNITY CAPITAL CORP

    $75,000
    NASHVILLE, TN2023

    BUSINESS DEVELOPMENT IN APPALACHIA

    NATIONAL CAPITAL INVESTMENT FUND

    $75,000
    CHARLES TOWN, WV2023

    BUSINESS DEVELOPMENT IN APPALACHIA

    SOUTH CAROLINA COMMUNITY FUND

    $50,000
    CHARLESTON, SC2023

    BUSINESS DEVELOPMENT IN APPALACHIA

    COMMUNITY WORKS

    $50,000
    CHARLESTON, WV2023

    BUSINESS DEVELOPMENT IN APPALACHIA

    ALTERNATIVES FEDERAL CREDIT UNION

    $50,000
    ITHACA, NY2023

    BUSINESS DEVELOPMENT IN APPALACHIA

    SABRE FINANCE

    $50,000
    BIRMINGHAM, AL2023

    BUSINESS DEVELOPMENT IN APPALACHIA

    MOUNTAIN BIZCAPITAL

    $50,000
    ASHEVILLE, NC2023

    BUSINESS DEVELOPMENT IN APPALACHIA

    FOODSHED CAPITAL

    $30,000
    RICHMOND, VA2023

    BUSINESS DEVELOPMENT IN APPALACHIA

    TOTAL ACTION AGAINST POVERTY - RKE VALLEY

    $25,000
    ROANOKE, VA2023

    BUSINESS DEVELOPMENT IN APPALACHIA