Category: News

A note from Shelly Kasprzycki-May 2023

Posted on by Patti Wheater
Posted in A Note From Shelly, News

With the beautiful spring season in full bloom, we are so pleased to welcome two new staff members to our team, Shelly Henderson and Greg Poches.

Shelly grew up in this area and is a former county employee. Her new position with the Community Foundation includes assisting with the grant administration process and supporting our affiliate foundations and supporting organizations.

Greg is our new community investment officer, specializing in community and economic development and natural resources. He is a lifelong Newaygo County resident, loves the outdoors, and has a business and environmental background. Please join me in welcoming Greg and Shelly to the world of philanthropy!

Did you know April was National Financial Literacy Month? A 2021 survey showed that as many as 75 percent of American teens lack confidence in their knowledge of personal finance. In a world barraged with messages about purchasing, teaching children about money is essential. P.T. Barnum said, “Money is good for nothing unless you know the value of it by experience.” The Community Foundation funds an array of programs to support financial literacy. You can also find some practical tips in one of our most recent professional advisor articles.

We are grateful for people like you who make the grants, scholarships, and programs we support possible. Please stop in today or call me if you’d like to be a part of sharing philanthropy. And enjoy the blooms and all Newaygo County has to offer!

Community Foundation holds Spring Donors Luncheon

Posted on by Patti Wheater
Posted in Giving, News

On May 11, Fremont Area Community Foundation hosted more than 70 donors for lunch and a report on the organization’s recently updated strategic framework. The luncheon was held at The Pavilion at Waters Edge in Fremont.

Shelly Kasprzycki, the Community Foundation’s president and CEO, welcomed guests and, after lunch, shared highlights from the new strategic framework. One area Kasprzycki touched on was the organization’s guiding principles of building goodwill, earning trust, and strengthening relationships.

“These guiding principles are absolutely essential to our work,” said Kasprzycki. “A community foundation is nothing unless we have the trust of donors and of the community we serve. We want to be the very best vessel for philanthropic endeavors we can be.”

Kasprzycki also talked about the idea of positive disruption. “It means taking a pro-active approach to creating positive, lasting change,” she said. As an example, Kasprzycki and Lindsay Hager, vice president and chief philanthropy officer, shared that the Community Foundation is exploring a new initiative to help address the local housing shortage.

Following the presentation, those in attendance were given the chance to share their own thoughts on the strategic framework and their ideas for enhancing the Community Foundation’s efforts.

“We are grateful for your contributions,” said Kasprzycki. “Everything we do is made possible by you.”

Ice Mountain Fund celebrates 20 years and awards grants

Posted on by Patti Wheater
Posted in Grants, News

The Ice Mountain Environmental Stewardship Fund is celebrating 20 years of funding programs that protect and enhance the Muskegon River watershed.

The fund was established at Fremont Area Community Foundation in 2002 through the generosity of Great Spring Waters of America, Inc., now BlueTriton Brands. In 2018, Ice Mountain renewed its support with a $2 million commitment over the next 20+ years. As an endowed fund of the Community Foundation, this fund is a permanent, ever-growing resource dedicated to improving the overall health of the watershed.

“We have been proud to partner with Ice Mountain over the last 20 years to support sustaining the waters of the Muskegon River watershed,” said Shelly Kasprzycki, president and CEO of the Community Foundation. “The Muskegon River has always been a critical resource to our communities. Thanks to Ice Mountain’s generosity and the work of partner organizations throughout the watershed, we are striving to ensure that the river and its watershed are protected and enhanced for generations to come.”

More than $800,000 has been awarded from the fund to projects focused on conservation, enhancement, and restoration of the watershed.

Since 2002, grants have supported erosion control and bank stabilization projects, environmental assessments and studies, clean up and waste collection programs, educational programs for local students and property owners, and more. Grant recipients have included multiple school systems, conservation districts, parks commissions, municipalities, and other organizations doing important work in the watershed.

“BlueTriton Brands and Ice Mountain are committed to supporting initiatives to protect and enhance the health and natural beauty of the Muskegon River Watershed, which as Michigan’s largest watershed, is important as an ecologic and economic resource,” said Arlene Anderson-Vincent of the company’s commitment to the IMESF. “We value our longstanding partnership with Fremont Area Community Foundation to fund conservation, community, and environmental group projects across the entire stretch of the watershed.”

This year, grants totaling $56,500 were awarded to five projects, including Mecosta Conservation District’s hazardous waste collection, the Dragon Trail at Hardy Dam, and Central Michigan District Health Department’s scanning of septic and well records. A full list of grants awarded can be found on the Community Foundation’s website.

Grant applications for the Ice Mountain Environmental Stewardship Fund are accepted online each year from June 1 until July 15. Individuals and organizations interested in supporting the health of the watershed are also invited to contribute to the fund at any time. More information on the fund, how to donate, and how to apply for a grant can be found at facommunityfoundation.org/icemountain.

A note from Shelly Kasprzycki-March 2023

Posted on by Patti Wheater
Posted in A Note From Shelly, News

Recently, I served as part of the Foundations on the Hill 2023 team in Washington, D.C. This annual event is an opportunity for Council of Michigan Foundations member philanthropists to visit Capitol Hill and share the power of philanthropy in their communities. Our legislators see the charitable sector as a key partner in serving community needs and initiatives. Community foundations in particular are viewed as neutral partners who have excellent data and work closely with grantees, community leaders, and citizens to solve problems.

During the event, teams were devised to meet with various regional representatives. For our area, we met with Senators Debbie Stabenow and Gary Peters, as well as Congressmen John Moolenaar and Bill Huizenga. In addition, we met with two Treasury representatives to talk about reverse scholarships and charitable tax credit issues. Reverse scholarships can be a tool for talent attraction and retention and address student loan reduction as a means to entice young people to return to their home communities to live and work.

Foundations on the Hill 2023 promoted restoration of the charitable tax credit for donations and asked that the federal government not require “spend downs” of donor advised funds. In addition, we promoted the value of the charitable sector as a key to addressing community problems and leading initiatives. Council of Michigan Foundations had the largest delegation of foundation leaders as part of the United Philanthropy Forum.

On a personal note, between briefings and meetings, we enjoyed a visit to the Capitol, but I highly recommend anyone traveling to Washington, D.C. visit the Library of Congress. It has breathtaking architecture and history!

Tips for a great scholarship application

Posted on by Patti Wheater
Posted in News, Scholarships

With the scholarship application deadline rapidly approaching on March 1, Robin Cowles, our senior scholarship and technology officer, offered a few tips for students working on completing their applications. As always, feel free to contact us any time with questions about the scholarship process!

  • The application will ask for your email address—be sure to use a personal email, not your school email address. We may need to contact you after you graduate and no longer have access to the school email account.
  • Don’t wait until the last minute! Give yourself plenty of time to complete a quality application.
  • Check your essay for appropriate spelling, punctuation, and capitalization. Think of it more like an essay you’re writing for English class and not a quick text message to a friend. Find more essay tips HERE.
  • Take enough time to read all questions carefully. For questions with answer options to select, be sure to read through all the options carefully as well to choose the one that best describes your situation or plans.
  • Scholarships can be used for trade schools and apprenticeship programs. In fact, we have several scholarships specifically for students pursuing careers in areas like skilled trades.

Scholarship applications for high school seniors and medical school students are completed online and due March 1. The application for adult students is open year-round; for more information on adult student scholarships, click here.

$3.1 million awarded in fall community grant round

Posted on by Patti Wheater
Posted in Grants, News

Fremont Area Community Foundation recently awarded $3.1 million in its second community grant round of 2022, bringing the total awarded in both rounds in 2022 to more than $5.6 million.

Grant support was awarded to a variety of organizations serving Newaygo County residents, including programs addressing watershed restoration, post-secondary education opportunities, summer reading, and more. Most grant awards concentrated on the Community Foundation’s focus areas of community and economic development, education, and poverty to prosperity.

More than 50 grants were awarded in total, including a $12,500 grant to Goodwill Industries of West Michigan for their Volunteer Income Tax Assistance (VITA) program. VITA offers free tax preparation services to low- and moderate-income families in Newaygo County. It also helps families identify tax credits they might be eligible for, like the earned income tax credit. For more information, call 2-1-1 or visit vitawestmichigan.org.

Another grant for up to $43,450 was awarded to Newaygo County Regional Educational Service Agency (NC RESA) for their 2023 summer internship program. Local young adults ages 16-21 can apply for paid summer internships at a variety of work sites throughout the area, gaining valuable career-related work experience.

Other grants included more than $53,000 for summer camp scholarships for Newaygo County youth and $59,000 for new materials at several local libraries.

The Community Foundation accepts community grant applications online twice each year. Applications for the first grant round of 2023 are due on March 1.

Scholarship deadline is March 1

Posted on by Patti Wheater
Posted in News, Scholarships

The deadline for high school seniors to apply for scholarships from Fremont Area Community Foundation is March 1.

Each year, the Community Foundation awards hundreds of scholarships to Newaygo County students seeking to continue their educations. In 2022, the Community Foundation awarded more than $644,000 in scholarships. These scholarships are all created by generous donors and are tailored to address a wide variety of experiences and circumstances, from planned fields of study to community involvement and extracurricular activities.

In addition to scholarships for students planning to attend college or university, the Community Foundation has multiple scholarships created specifically to support students interested in apprenticeships, trade school, certification programs, or other job training programs. Scholarships are available for students pursuing careers in HVAC, building trades, machining, automotive services, and much more.

To apply for scholarships, students complete just one general application online. They are then automatically matched for review for any eligible scholarships.

For more information or to apply, visit facommunityfoundation.org/scholarships. Applications must be submitted no later than March 1.

A note from Shelly Kasprzycki-January 2023

Posted on by Patti Wheater
Posted in A Note From Shelly, News

As we kick off 2023, we are delighted to approach philanthropy with a renewed mission and strategic framework. We’ll be sharing details early in the year as we finalize our work plan and partner with donors to fulfill our promise to make our community even more vibrant.

I count my blessings to work with such generous people to make our community a better place. I am so optimistic about our future! Did you know that Newaygo County recently ranked 13th among small counties for talent attraction across the nation? That we saw positive increases from 2017-2021 in educational attainment and availability of jobs? These statistics, from Lightcast’s annual talent attraction scorecard, demonstrate our steadfast commitment to make real progress. That takes all of us working together, and the Community Foundation is proud to be a strong partner in our success.

On a personal note, my heart is warmed through by the strength of services for the most vulnerable in our community. I know we can do even more, and the Community Foundation staff and trustees are more committed than ever to making that happen. Call me anytime with your thoughts. I wish you a safe and happy winter season.

Community Foundation awards $5 million mission-related investment to Great Lakes Energy

Posted on by Patti Wheater
Posted in News

Fremont Area Community Foundation recently awarded a $5 million mission-related investment to Great Lakes Energy to expand local access to broadband internet service in Lake, Mecosta, Newaygo, and Osceola counties.

The investment will support Great Lakes Energy’s expansion of their Truestream fiber network, empowering more rural residents with access to the internet connections they need for work, school, and telehealth. The expansion is slated to impact all four counties served by the Community Foundation, including its three geographic affiliate foundations.

Approximately 53 percent of people in Newaygo County do not have broadband access, according to FCC data. While numbers are more encouraging in Mecosta County, a quarter of the population still lacks access to broadband. In Lake and Osceola counties, the number is over 70 percent. This creates significant barriers to working and studying from home, accessing telehealth services, and completing important tasks like looking for a new job or filing taxes. Affordable access to reliable internet can also create new possibilities for business expansion and increased home sales.

“Rural areas like ours are still not widely served by the reliable, high-speed internet that is now a necessity for most people and businesses,” said Shelly Kasprzycki, president and CEO of the Community Foundation. “We are excited to support the local expansion of broadband service.”

Kasprzycki noted that a mission-related investment is a unique, flexible tool that philanthropic organizations can use to create positive impacts in a community beyond regular grantmaking programs.

“Unlike a typical grant, a mission-related investment is repaid, and because these investments are recovered, it allows our resources to go farther and be used again,” said Kasprzycki. “Great Lakes Energy has an over 85-year history in our state, and we’re proud to partner with them on this important project.”

Great Lakes Energy is the largest member-owned power company in Michigan, serving rural parts of 26 counties in western Michigan. They provide electric service to nearly 29,000 homes and businesses in Lake, Mecosta, Newaygo, and Osceola counties. They launched Truestream, a fiber internet and voice service, in 2018 to provide connections to underserved and unserved rural areas. Nearly 4,000 miles of fiber line has already been installed in 10 counties and nearly 16,000 homes and businesses have been connected.

“This partnership with the Fremont Area Community Foundation furthers our goal to bring internet and voice services to our members,” said Shaun Lamp, president and CEO of Great Lakes Energy and Truestream. “We have already begun expanding the Truestream network in Newaygo County and with this investment will continue the momentum to connect more homes and businesses to life-changing fiber service.”

For more information about Great Lakes Energy’s Truestream network visit truestreamfiber.com.

A note from Shelly Kasprzycki-December 2022

Posted on by Patti Wheater
Posted in A Note From Shelly, News

As we near the holiday season, we are reminded of the oft-spoken quote, “Peace on earth and goodwill to all.” The Community Foundation is celebrating successes in partnership with our donors to improve quality of life for all people in Newaygo County and surrounding communities. We are proud of our staff and trustee team, the grants and scholarships awarded, and the relationships built. But we also know the value of combining goodwill with innovation, of reaching even farther to build and leverage partnerships and resources, and of facilitating change one step at a time.

This year, we embarked on a new strategic planning process. We will be implementing a plan that continues to address poverty, education, and community and economic development, but also prioritizes civility, placemaking, and the environment. We hope to strengthen our community investments through leveraging additional funds from federal, state, and private sources. We look forward to taking a proactive approach to one of our biggest local issues: affordable housing.

Civility and how we embody goodwill will be embraced in our work. We hope you will join us in setting aside differences to work together and lift up our communities. I’m so delighted to lead the Community Foundation, thanks to the wonderful people who make that leadership possible.

I recently read George Washington’s Rules of Civility and Decent Behavior. He copied these rules from French Jesuits at age 16. Some seem silly—“Rule 16:  Do not puff up the cheeks, loll not out the tongue….”—but others carry just as much gravity now. My favorite is the 110th rule: “Labor to keep alive in your breast that little spark of celestial fire called conscience.”

Let us follow that 110th rule and bear goodwill to all this season. We are truly grateful for you, and we wish you and your family a blessed holiday season.

Community Foundation holds grantwriting workshop

Posted on by Patti Wheater
Posted in Grants, News

On November 30, Fremont Area Community Foundation hosted 50 representatives from nonprofit organizations across the region at a grantwriting workshop at the Center for Hope and Healing in White Cloud. The workshop was held in partnership with the Johnson Center for Philanthropy at Grand Valley State University.

Past grant recipients of the Community Foundation and its affiliate foundations in Lake, Mecosta, and Osceola counties were invited to participate in the free learning opportunity led by Tamela Spicer, senior program manager at the Johnson Center. The presentation covered the basics of writing a grant proposal, provided guidance on finding the right voice and writing style, and shared tips for building relationships with potential funders. Organizations were able to submit grant application examples of their own for feedback during a small group peer review exercise.

During the workshop, Community Foundation staff members also provided information for making future grant applications more successful. They shared tips specific to Community Foundation grant rounds and talked about reporting impact. Staff members also answered questions about the grant application and decision-making processes.

“This capacity building workshop was designed to help our community partners and grant recipients be better equipped to secure support not only through the Community Foundation’s grant rounds but through other funding sources as well,” said Lindsay Hager, vice president and chief philanthropy officer at the Community Foundation. “We look forward to hosting more learning opportunities in 2023.”

The Community Foundation’s next grant application deadlines are February 1 for Bridging Generations Fund grants and March 1 for Youth Advisory Committee and community grants. For more information, visit facommunityfoundation.org/grants.

A note from Shelly Kasprzycki-November 2022

Posted on by Patti Wheater
Posted in A Note From Shelly

Autumn is upon us! Thank you to the many people and organizations who have given us feedback as we engage in strategic planning. Trustees and staff are listening to the community and finding innovative ways to enhance our philanthropy. The Community Foundation belongs to Newaygo County, and we are very cognizant of the legacy we hold and the future we can impact.

A hallmark of the Community Foundation is being a trusted steward of community funds. We value that trust, and we are thoroughly examining what we’ve done well in grantmaking and convening and seeking to enhance our role in a more innovative way in coming years. We’ve learned that grantees appreciate when we are flexible and able to address community needs quickly. We also know that the pandemic changed our perspective on how to attain real and lasting positive change.

We plan to wrap up our strategic planning process and have new goals to share by year’s end. Please look for further information about this unfolding process coming soon.

This summer, we were pleased to welcome Todd DeKryger, Ken DeLaat, and Julie Tatko to our Board of Trustees. You can read more about them here. We are delighted to have their collective wealth of experience join our board.

On another note, we were excited to once again partner on College and Career Night Out at the end of September. Our trustees and staff are so proud of our commitment to educational success. Another example of this commitment is our scholarship program. The online application for high school seniors opened October 1. To learn more, please visit our website or call us at 231.924.5350.

My first year as president and CEO has been the most rewarding of my career. My family has fallen in love with Newaygo County. Thank you for making us feel welcomed as community members, and for the joy and privilege of serving as president and CEO of your Community Foundation.

Community Foundation holds Fall Donors Luncheon

Posted on by Patti Wheater
Posted in Giving, News

On October 6, Fremont Area Community Foundation hosted more than 60 donors for lunch and an update on the organization’s strategic planning. The luncheon was held at The Shack Country Inn on Robinson Lake in White Cloud.

Shelly Kasprzycki, the Community Foundation’s president and CEO, welcomed guests and, after lunch, shared updates on what the organization has learned through its strategic planning process. Data gathering to begin the process included analyzing research on local needs as well as interviews and focus groups with donors, nonprofit leaders, and other community members.

Data showed that while poverty has fallen since 2010, the pandemic and inflation have increased food insecurity. Affordable housing continues to be an issue as well, with estimates showing our area is around 250 houses short of the local need.

Kasprzycki noted that feedback from donors highlighted the Community Foundation’s stewardship and integrity. “For staff and trustees, that’s the highest compliment,” she said. She also shared feedback from grantees, which included interest in a proactive response to big issues and creating a more streamlined, transparent grantmaking process.

“We’re thinking about these emerging themes and how we build them in,” said Kasprzycki, who expects trustees to approve a final strategic plan by year’s end. “We’re always listening and always interested in what you need from us.  We’re so grateful for people like you.”

College and Career Night Out celebrates post-secondary opportunities

Posted on by Patti Wheater
Posted in Community, News

More than 50 colleges, job training programs, military organizations, and community resources were represented at College and Career Night Out on September 29 at Fremont High School.

The annual event drew hundreds of students and families from across Newaygo County to learn more about post-secondary education and job training, financial aid, and more. WE CAN! Newaygo County—the local career and college access network—and Fremont Area Community Foundation partnered on the event.

Melissa Miller, administrator of career and college readiness for the Newaygo County Regional Educational Service Agency, said that the event was designed to spark curiosity and connection regarding college and career opportunities for local students.

“With so many factors that can influence a student’s decision to pursue higher education or training after high school, this event continues to serve families by bringing numerous career and college resources and representatives under one roof,” said Miller. “Families are able to make connections, get their questions answered, and hopefully realize there are many resources to support them as they navigate this selection process.”

Attendees enjoyed pizza and were able to attend informational sessions on financial aid, choosing a college, the Promise Zone, and career preparation through apprenticeships. After informational sessions concluded, a college and career fair in the gym allowed students to speak with representatives from a wide variety of public and private colleges and universities, military branches, trade schools, and career training programs.

Representatives from Early College Newaygo County, Gerber Foundation, Michigan Works! West Central, Michigan Student Aid, Newaygo County Area Promise Zone, Newaygo County Career-Tech Center, Telamon, and the Community Foundation were also available to share more about the resources their organizations offer to students and families.

Event organizers extend their thanks to their hosts at Fremont High School, the community members and students who volunteered during the event, session presenters, and the local businesses who supported food and beverages, including Biggby Coffee, Family Fare, and Walmart.

A note from Shelly Kasprzycki-September 2022

Posted on by Patti Wheater
Posted in A Note From Shelly, Community, News, Scholarships

As summer closes and the crisp air begins, we are delighted at the Community Foundation to see many exciting endeavors taking place. Thank you to the many individuals who gave us feedback as we engage in strategic planning. The trustees and staff are hard at work listening to the community and finding innovative ways to enhance our philanthropy. The Community Foundation belongs to Newaygo County, and we are very cognizant of the legacy we hold and how our work can impact the future. Stay tuned as we will share what we’ve learned and what we have planned as the trustees approve new goals by year’s end.

One another note, it is once again time for College and Career Night Out coming up on September 29. Our scholarship application will open just a few days later on October 1. The Community Foundation trustees and staff are so proud of our commitment to educational success. To learn more about our scholarships, please visit facommunityfoundation.org/scholarships or call us today at 231.924.5350.

And now for a moment of gratitude: “Appreciation is a wonderful thing: It makes what is excellent in others belong to us as well.”-Voltaire. My first year as president and CEO is nearly complete, and it has been the most rewarding of my career. My family has fallen in love with Newaygo County. Thank you for making us feel welcomed as community members, and for the joy and privilege of serving as president and CEO.

Nearly $2.5 million awarded in spring grant round

Posted on by Patti Wheater
Posted in Grants, News

Fremont Area Community Foundation recently awarded nearly $2.5 million in its first community grant round of 2022.

Grant support was awarded to a variety of organizations serving Newaygo County residents, including programs addressing economic growth, literacy, housing, food insecurity, and more. Most grant awards concentrated on the Community Foundation’s three focus areas of community and economic development, education, and poverty to prosperity.

More than 40 grants were awarded in total, including a $25,550 grant to The Right Place Foundation. The grant will support the development of a strategic plan to preserve and showcase the communities of Woodland Park and Idlewild and promote economic development. An experienced consultant will be hired to lead the collaborative project. In addition to the grant, three donors contributed a total of $4,450 from their donor advised funds.

Grant Public Schools received a $3,809 grant, along with contributions totaling $1,500 from two donor advised funds, for their Salmon in the Classroom program. This hands-on learning opportunity will allow Grant third graders to observe and study the life cycle of salmon, raising them from eggs until the fish are released into the Muskegon River.

A $39,200 grant was awarded to Hope 101 Ministry’s transitional housing program. The organization serves individuals and families in Newaygo County experiencing homelessness and provides mentors and case management to help residents set goals and achieve self-sufficiency.

The Community Foundation accepts community grant applications online twice each year. Applications for the second grant round of 2022 are due on September 1.

View a full list of grants awarded, as well as information on how to apply for a grant, at facommunityfoundation.org/grants.

Trustees elected at Community Foundation’s annual meeting

Posted on by Patti Wheater
Posted in News, Trustees

Fremont Area Community Foundation recently held its annual meeting where members elected three new trustees. New board officers were also elected.

Todd DeKryger, Ken DeLaat, and Julie Tatko were each elected by the members to join the Community Foundation board. Members of the Community Foundation are chosen by virtue of their leadership positions in the community, and their primary responsibility is to meet annually to elect trustees.

DeKryger is the regional manager for sustainable agricultural development at Nestlé Nutrition North America. He holds undergraduate and graduate degrees from Michigan State University, including a PhD in resource development.

“I’m excited for this opportunity to serve the community,” said DeKryger of joining the board. “I’ve always been impressed with the Community Foundation and what it has been able to support. I look forward to serving.”

DeLaat is a freelance writer and creator of Near North Now. He has also spent his career working in mental health in various capacities and leadership positions.

“I worked in nonprofit organizations for most of my life,” said DeLaat. “Coming from the nonprofit sector, I always admired the work of the Community Foundation. It’s a real honor to be asked to serve. I hope I can be part of the solutions for issues we face in our community.”

Tatko has a background in community health. She is currently president and CEO of Baldwin Family Health Care, which has facilities in White Cloud and Grant.

“I’m looking forward to seeing how we can look at healthcare as part of the Community Foundation’s poverty to prosperity work,” said Tatko. “I am excited to get to know other people and sectors here. I love the area and appreciate how people here work together to improve the community.”

The new trustees were elected to fill vacancies, including those left as Joseph Roberson and Carolyn Hummel retired from the board. Roberson was first elected in 2012 and most recently served as chair of the board. Hummel was elected in 2013. She was formerly chair of the Community Foundation’s Education Committee and continues to serve on the committee.

Following the members meeting, the Board of Trustees met and elected officers. Dr. Lori Tubbergen Clark was elected chair of the board, with Lola Harmon-Ramsey named vice chair and Mikhail Salacina named secretary. Bill Alsover will remain as treasurer and Dr. Susan Wente will serve as trustee-at-large.

Community Foundation and MSUFCU expand loan program

Posted on by Patti Wheater
Posted in Community, News

Fremont Area Community Foundation recently expanded their small business loan program through Michigan State University Federal Credit Union (MSUFCU) to support businesses in Newaygo, Lake, Mecosta, and Osceola counties.

The Community Foundation created the Small Business Recovery Loan Program with MSUFCU in 2020 to help small businesses in Newaygo County impacted by the pandemic. Now, the Community Foundation is broadening that assistance to business start-ups and expansions as well as pandemic-related needs. Loans will also be available to businesses in the counties served by the Community Foundation’s three affiliate foundations.

“Local small businesses are crucial to the economy in our region,” said Shelly Kasprzycki, Community Foundation president and CEO. “Through our partnership with MSUFCU, we are excited to increase our support of local businesses.”

“MSUFCU recognizes the role small businesses play in communities—they create opportunities, energize the economic base, and cultivate a spirit of entrepreneurialism,” said April Clobes, president and CEO of MSUFCU. “We are pleased to partner with Fremont Area Community Foundation to provide small businesses access to affordable financing through this program.”

Through the partnership with MSUFCU, loans of up to $50,000 are available at a low interest rate. For-profit and nonprofit businesses with 50 or fewer full-time employees are eligible to apply. The business must be headquartered in Lake, Mecosta, Newaygo, or Osceola counties.

To inquire about eligibility, start the application process, or get more information, contact Dan Wheat, community investment officer, at 231.924.7616 or email loan@facommunityfoundation.org.

Newsletter Signup Signup

  • Facebook
  • Instagram
  • LinkedIn