GrantAuthority

Locus Impact Fund

Grantmaking foundation in Christiansburg, Virginia · EIN 54-1754009

Total giving
$200KTax year 2024
Total assets
$89MLatest reported
Latest IRS filing
2024Form 990 / 990-PF

Mission

OUR MISSION IS TO OFFER INNOVATIVE, FLEXIBLE FINANCIAL PRODUCTS DESIGNED TO SUPPORT HOUSING AND COMMUNITY DEVELOPMENT VENTURES, INCREASE JOBS AND BUILD SUSTAINABLE COMMUNITIES. LOCUS IMPACT FUND OFFERS LOAN CAPITAL THAT IS BROADER THAN BANK LENDING TO PROJECTS THAT HAVE A POSITIVE IMPACT IN LOW TO MODERATE INCOME COMMUNITIES IN UNDERSERVED GEOGRAPHIES AND MARKETS.

Quoted from the foundation's IRS filing.

Giving by year

$440K2020
$1.6M2021
$640K2022
$60K2023
$200K2024

Totals by tax year, rounded to two significant figures. Years without a reported total show the sum of grants itemized on the filing.

Top recipients

RecipientAmountTax year
Cool Lane Apartments$100K2022
Fc Phase 1 LLC$100K2022
Mhv Preservation Partners Lp$100K2022
Poplar Creek$100K2022
Winchester Forrest II$100K2022

Amounts are rounded. The full grantee list is available with a free account.

Website: www.vacommunitycapital.org

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Similar foundations in Virginia

Source: IRS Form 990 and 990-PF filings, tax year 2024. Also see this organization on ProPublica Nonprofit Explorer.