The Fountain Fund

Description

• Providing Low-Interest Loans to Formerly Incarcerated People. Many people return from prison with onerous court-imposed financial obligations fees, costs, fines, and restitution obligations. They cannot obtain a drivers license or access government benefits until these debts are paid. A felony conviction also presents a significant barrier to obtaining gainful employment. These financial barriers make it extremely difficult for people to successfully reenter communities upon release from periods of incarceration. To help our neighbors who are faced with this predicament, we have established The Fountain Fund, a loan program exclusively for formerly incarcerated citizens. The Fund will make low-interest loans to individuals who would not qualify for traditional lines of credit, but have viable job prospects or entrepreneurial ventures. Loan funds may be used to repay fees, costs, restitution and other court-imposed obligations, purchase job-related clothing and equipment, or provide start-up funding for small businesses. We will provide financial literacy training to our recipients, and help connect them to a broader array of services that exist in our community. The goal of The Fountain Fund is to empower formerly incarcerated people by investing in their independent financial success. Doing so supports individual ex-offenders, and their families and communities as well.
• 

  Headquarters:233 4th Street Northwest , Charlottesville, Virginia, United States

  More
• 

  Phone Number: +1 434-234-3600

• 

  Website: https://www.fountainfund.org

• 

  Employees:6

• 

  Revenue:$1 - 10M

• 

  Legal Name:The Fountain Fund

• The Fountain Fund's Social Media

  
• Is this data correct?

• |  NAICS Code: 523110  |

  Show More