Become a Donor
Habitat for Neighborhood Business® is a tax exempt 501(c)(3) nonprofit corporation, Your gift is tax deductible as allowed by law. We take seriously our responsibility for good stewardship of the funds you provide on behalf of our entrepreneurs and support of the under-served neighborhoods we strive to improve.
We welcome and appreciate your gift, large or small, and invite you to select a program below that you wish to support. If you do not designate a preference we will add your gift to support our Adopt an Entrepreneur program.
Give a “Hand-Up” Program
Entrepreneurs and their mentor team may apply for a matching capital improvement or program grant. We currently have a maximum distribution for any single client of $1,000 in any 24 month period.
Fair Lending 50/50 Fund
Our entrepreneurs often have limited business experience; smaller loan needs and operate in locations within under-served neighborhoods which result in higher rates or refusals to lend. HNB is building a specific reserve fund to “collateralize” and if necessary share loan losses 50/50 with local banks who agree to offer business loans at “reasonable” terms and rates for entrepreneurs HNB has vetted as acceptable.
Adopt an Entrepreneur
This program provides for the general support for each entrepreneur which we budget at $3,000 per year. Our entire mentor team consists of what we call “our volunteer army” of business professionals and students, but we do have a paid program director, modest administrative expenses and occasionally provide stipends for student interns. We are proud of our efficiency and invite you to check our Federal Form 990 online or call us for a copy.
It is HNB’s goal that every university affiliate creates a financially sound program. To support that goal, should you prefer to donate to an affiliate university’s Habitat for Neighborhood Business endowment, 100% will pass directly through to the affiliate University of your choice.
University Business Plan or Capstone Project
Professional business planning is financially out of reach for most minority entrepreneurs operating in under-served neighborhoods, but Habitat for Neighborhood Business’ affiliation with fine universities permits a quality mentorship program to reach a superior level of value with Faculty directed, Capstone or Business Plan projects.*
The HNB program at Saint Louis University previously performed several high quality projects, but the entrepreneurs had inadequate resources and were unable to fully execute which frustrated the entrepreneur and the students. Well, we’ve learned from this at HNB, what we often call “paying our dumb tax” towards success.
We invite you to join in building our new fund for future projects for entrepreneurs selected by the HNB team and school faculty which will now include a grant for the execution of the team’s plans. Having advance knowledge of these funds will give the entrepreneur added incentive to more fully support and participate in the effort and the faculty/student team a target budget which will require careful balance between what is wished for and what is possible; a real world reality check.
HNB grants will be for $2,500 per plan. Affiliate University HNB programs and the entrepreneur may increase the budget.
*Masters level, typically semester long for credit course, usually conducted by a small student team during their final year. The plan will consist of a full marketing plan, a write-up of consumer/market research, a portfolio of brand development, and an extensive, executable business plan.