Applications for the Prudential Loan Fund, which offers no-interest loans to help Dodge arts organizations bridge cash gaps, are due April 14, 2017.
A required information session and cash-flow workshop led by facilitator Hilda Polanco for those that intend to apply was held April 5. The workshop will be held from 10 a.m. to 1 p.m. in the Third Floor Training Room of the Geraldine R. Dodge Foundation at 14 Maple Avenue in Morristown.
Organizations must receive funding from the Dodge Foundation to apply for a loan and applicants are required to have completed this workshop (if you've taken it previously, there's no need to sign up again).
The workshop will cover:
- Overview of the Prudential Loan Fund
- Strategic financial management
- Understanding nonprofit financial health
- Cash-flow projections
- Financial reports
Attendees should bring their organization's audited financial statements (or Form 990 if they don’t have an audit).
Refreshments will be served.
Applications are made available to those who have attended the Prudential Loan Fund Information Session.
About the Prudential Loan Fund
The Prudential Loan Fund offers no-interest, no-fee loans of up to $50,000 to help Dodge arts organizations bridge cash gaps or cover upfront expenses.
Please contact Richard Simon at rsimon(at)grdodge(dot)org.