Clearinghouse CDFI Recognized as one of the 50 most Community-Oriented Companies in Orange County, California
Orange County, CA – September 30, 2021 – Clearinghouse Community Development Financial Institution (Clearinghouse CDFI) has been named an honoree of The Civic 50 Orange County by OneOC and Points of Light, the world’s largest organization dedicated to volunteer service. The award recognizes Clearinghouse CDFI as one of the most community-minded companies in Orange County, California determined by an independently administered and scored survey. The Civic 50 Orange County initiative, modeled after Points of Light’s national program, provides a standard for superior corporate citizenship, and showcases how companies can use their time, skills, and resources to drive social impact in their company and communities.
The Civic 50 Orange County honorees were officially recognized at the OneOC Civic 50 Orange County Virtual Reception on September 28th, 2021.
“OneOC is honored to work in partnership with Points of Light to celebrate the most community-minded companies in Orange County. Our mission at OneOC is to accelerate nonprofit success and we strongly believe that our corporate community is key to accomplishing this. Our collaboration strengthens not only our mission but enhances the longevity and sustainability of our community.”
The Civic 50 Orange County survey is administered by True Impact, a company specializing in helping organizations maximize and measure their social and business value and consists of quantitative and multiple-choice questions that inform scoring process.
For more information about The Civic 50 Orange County and this year’s honorees, visit www.oneoc.org.
OneOC is an Orange County based nonprofit organization with the mission of accelerating nonprofit success. We are committed to making nonprofits in Orange County as efficient and effective as they are passionate about their missions. Additionally, OneOC serves as a Management Services Organization, providing solutions and support services to nonprofits and companies, helping them to make greater impact and engage with the community. We proudly build bridges between the public and private sectors to make Orange County a better place for all.
About Points of Light:
Points of Light is a global nonprofit organization that inspires, equips, and mobilizes millions of people to take action that changes the world. We envision a world in which every individual discovers the power to make a difference, creating healthy communities in vibrant, participatory societies. Through affiliates in 200 cities across 37 countries, and in partnership with thousands of nonprofits and corporations, Points of Light engages 5 million volunteers in 14 million hours of service each year. We bring the power of people to bear where it’s needed most. For more information, go to www.pointsoflight.org.
About Clearinghouse Community Development Financial Institution
Clearinghouse CDFI addresses unmet credit needs throughout the U.S. and in Indian Country through direct lending, equity investments, and financial assistance. We have helped bridge the gap between conventional lending standards and the needs of low-income, distressed, and communities of color. Clearinghouse CDFI is also a B Corp—a certification received from the nonprofit B Lab. B Corps are companies who meet rigorous standards of social and environmental performance, transparency, and accountability, and use business as a force for good.
Clearinghouse CDFI has funded $1.98 billion in total loans for over 2,250 community projects over the past 24 years. These projects have created or retained more than 23,000 jobs and benefited over 2.7 million people. Clearinghouse CDFI has also funded over 460 PPP loans that have helped save 1,600 jobs across 28 states. 63% of Clearinghouse CDFI’s PPP borrowers are minority- or women-owned businesses.
More information is available at: www.ccdfi.com.
Ron Demeter, Partner
Vectis Strategies on behalf of Clearinghouse CDFI