Along with the rest of the market the endowment of The Massena Foundation experienced a significant decline in the fall of 2008, cutting the annual grant budget to approximately 85,000. At this rate, consistent with the foundation's organization, the foundation will spend out around 2015.
Seattle
Economic Development Association http://expresscu.org/
Grant restricted to the Express Credit Untion program. ($10,000.00)
The Express Credit Union
seeks to be certified as a Low Income Credit Union and
serve the underbanked
citizens of King County.
Solid Ground http://www.povertyaction.org
Grant restricted to the Poverty Action program. ($10,000.00)
Poverty Action is a
diverse statewide network of people
working to help our state
understand how to eliminate
the root causes of poverty in Washington and ensure a
better future for
everyone.
Opportunity
Fund www.opportunityfund.org
Grant restricted to the Teamworks Capital Fund program. ($30,000.00)
Opportunity Fund advances
the economic well-being of working people by helping
them earn, save, and
invest in their future.
Seattle Business Assistance Center www.seattleccd.com
($10,000.00)
The Seattle Business
Assistance Center (SBAC) provides small business consulting
services, training and
networking.
Central District Forum for Arts & Ideas www.cdforum.org
($10,000.00)
The CD Forum offers
progressive programs that encourage thought and debate on the
role of African-Americans in American culture.
Seattle Economic Development Association www.seattleccd.com
($5,000.00)
SEDA is the
administrative arm of Community Capital Development, a group of non-
profits providing small
business technical assistance and loans.
UW Business and Economic Development Center http://foster.washington.edu/bedc
($10,000.00)
Creating synergies for
the benefit of all by connecting the University of Washington
Business School community
with a racially and ethnically diverse business and
nonprofit community.
Total $85,000.00
