Local business turns investment into philanthopy


Foundation: Blue Mountain Community Foundation

credit:

Sheila Hager's article focuses on Lawson Knight one of a new breed of charitable investors who provide loans for equipment for rural communities rather than providing the usual charitable contributions. This model is new and its provision of low cost loans earns profits for its investors so that a new source of help fueled by investment is available to help others. Many of these new investments are made available to the Pacific Northwest communities like Walla Walla, Washington.

Another location is Valle Lindo where the loans are providing for new housing units. This investment supports and helps the community by allowing residents a better place to live. These are financial arrangements which benefit everyone and so far the response to this new source of investment is quite positive.

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