Your support matters
Tax Deductible Donation
PODER Emma Community Ownership has 501(c)3 fiscal sponsorship from CIMA, a regional immigrant rights organization. If you would like to support our operational work, you may make a tax deductible donation by check or online.
Become a Part of our Neighborhood Economy
SHARE/CD Secured Loans
Through a collaboration with Self-Help Credit Union, lenders may make loans to cooperatives in our network. The lender deposits the amount for the loan into their own account at Self-Help Credit Union, which may be a 5-year CD or at least 7 year Savings Account, and Self-Help makes the funds available to the Cooperative through a Share/CD Secured Loan. The loan bears an interest rate for the borrower of 4% in addition to the interest generated by the lenders account. For example, if the lender has a savings account at Self-Help Credit Union that generates 0.25% interest, the Share/CD Secured Loan would have an interest rate of 4.25%. Share/CD Secured Loans are a critical lending tool for cooperative members that may have little or no credit history or face barriers to traditional lending, but have built incredible social capital through their community involvement and leadership.
Donor Advised Fund
A Donor Advised Fund, or DAF, is a giving vehicle established at a public charity. It allows donors to make a charitable contribution, receive an immediate tax deduction and then recommend grants or loans from the fund over time. If you already have a DAF or you are interested in this flexible approach to be able to provide both operational support and loans to the cooperatives in our network please reach out to us.