Our Mission East Oakland Youth Development Center Oakland, CA Our mission is to advance economic justice and opportunity by partnering with organizations that provide access to capital for low income people and communities. 2
Our Stories Investing in Educational Equity Greater Heights Academy Flint, MI Building Healthy Communities Pioneer Community Hospital Stuart, VA 3
Our Stories Advancing Affordable Housing WHEDCo Bronx, NY Supporting Small Business Murphy’s Market San Diego, CA 4
Our Stories Fostering Economic Empowerment Abroad Global Partnerships Latin America & Caribbean 5
Our Lending Program Lending • For FY 2014 we project to originate $7.5 million in loans to high-impact borrowers. • Our loan portfolio has more than doubled from $8.6 million (12/31/2006) to $18.2 Partners million (12/31/2013). for the • We have built 37 lending partnerships (35 with certified CDFIs). Common Good Serving Borrowers • Currently 78% of borrowers are nonprofit organizations and 22% are double bottom line businesses. • 100% of borrowers create benefits for or provide services to low income individuals and families. • 72% of projects are located in low income census tracts. PCG, Inc. 1444 Eye Street, NW Suite 201 Washington, DC 20005 202.689.8935 6
Our Accomplishments Members • Sisters of the Precious Blood of Dayton, OH joined PCG as a new Permanent Member in September 2013. • Congregation of St. Joseph of Cleveland, OH transitioned from Term Member to Partners Permanent Member in March 2014. for the Common CARS Rating Good • Achieved AAA2+ rating under the CDFI Assessment Rating Systems (CARS) – an improved rating from 2010 AAA = best IMPACT rating 2 = second best FINANCIAL rating + = designation of significant work in PUBLIC POLICY • Annual review for FYE 2013 designated PCG as stable for financial and impact performance. CDFI Fund Grant Awards • Awarded $100,000 technical assistance grant from the U.S. Department of Treasury’s CDFI Fund in Sept 2013. • Awarded a $1 million grant from the U.S. Department of Treasury’s CDFI Fund in Fall PCG, Inc. 1444 Eye Street, NW 2014. Suite 201 Washington, DC 20005 202.689.8935 7
Our Impact (2011-2013) 11,400 students 460 jobs created or received high quality Partners maintained for the education Common Good 135,650 patients 1,530 affordable housing units received affordable constructed, rehabilitated, or health care preserved ~ 33.9 million micro-entrepreneurs served PCG, Inc. 1444 Eye Street, NW Suite 201 Washington, DC 20005 202.689.8935 8
Our Borrowers Arizona (3) Hopi Credit Association (Keams Canyon) Comite de Bien Estar (San Luis) (2002-present) Indiana (3) Pennsylvania (4) West Virginia (1) Navajo Partnership for Housing (St. Anderson Preparatory Academy Childspace (Philadelphia) Appalachian by Design Michaels) (Anderson) Spectrum Health Center (Philadelphia) (Lewisburg) Mississippi (1) Deer Run Apartments (Lawrenceburg) TCB Central PA (York/Lancaster) Carpenter Estates (Greenwood) Arkansas (2) Washington St. Senior Residences Wisconsin (15) Sheridan Heights Apartments (Little (Kokomo) Texas (3) SWCAP (Dodgeville) Missouri (2) Rock) Merced Housing (San Antonio) Western Dairyland (Eau Claire) Gateway Science Academy (St. Delta Memorial Hospital (Dumas) Louisiana (3) El Puente CDC (El Paso) Habitat for Humanity Louis) Clearview Estates (Lutcher) Central Dallas CDC (Dallas) (Oshkosh) Wyman Center (Eureka) Clear Head Learning Center (New Orleans) Couleecap (Westby) California (6) South Broad Community Health Center Utah (1) Madison Key Community Housing (Alhambra) New Hampshire (2) (New Orleans) Rural Collaborative (Park City) Family Centers Inc. MIND Institute (Costa Mesa) Exeter River Manufactured Omega School Lifelong Medical Care (Berkeley) Housing Cooperative (Exeter) Maryland (5) Vermont (3) Milwaukee Community Housing Works (Azusa) Montgomery Housing Partnership Burlington Jo’s Day Care East Oakland Youth Development New Jersey (2) (Takoma Park) Champlain Housing Trust Legacy Midwest Center (Oakland) Granny’s Child Care (Vineland) Baltimore Hartland Group Redevelopment Corporation Murphy's Market (San Diego) Leaguers Inc. (Newark) St. Ambrose Housing Aid Center Twin Pines Housing Trust (White River) Parklawn Assembly of God Memorial Apartments Church Colorado (1) New Mexico (1) People’s Community Health Center Virginia (7) Riverwest Investment Colorado Early Springs College (Denver) Navajo (Gallup) TuT’s Place Arlington Partnership for Affordable Cooperative Housing (Arlington) Greater Mt. Sinai Church Delaware (3) New York (6) Massachusetts (1) CCDC Fox Hill (Hampton) Riverwest Artists Association Dover Interfaith (Dover) Greyston Foundation (Yonkers) Neighborhoods of Affordable Housing One Partner (Duffield) United Methodist Children's La Red Health Center (Georgetown) Interfaith Council for Action (Boston) Buchanan Gardens (Arlington) Services First State Montessori Academy (Ossining) Suburbia Fairfax (Fairfax) Jewish Family Services Housing (Wilmington) RHDFC (Rochester) Michigan (4) Pioneer Health (Stuart) Council for the Spanish Sea to Table (Brooklyn) SW Housing Solutions (Detroit) Savoy Apartments (Norfolk) Speaking Florida (2) YWCA (White Plains) Auburn Invest. Fund (Detroit) Tampa Bay CDC (Tampa) Whedco (Bronx) Greater Heights Academy (Flint) Washington (1) International (13) Telesis (Bradenton) Heartfelt Impressions Learning Center Seattle Equal Exchange North Carolina (1) (Rochester) Washington Assistive Technology Fund Pro Mujer Self Help Ventures Fund Georgia (2) SosteNica (Durham) Cooperative Resources Center (Atlanta) Minnesota (8) Washington D.C. (10) EcoLogic Finance Cooperative Coffee (Americus) Neighborhood Development Corporation CentroNia DWM Ohio (4) (St. Paul) Bates Street Tenant Cooperative Katalysis Bootstrap Fund Northeast NDC (Cleveland) Illinois (6) Minneapolis 1106 Columbia Road Shared Interest ACENet Ventures (Athens) Lessie Bates Davis House (East St. Louis) Northcountry Cooperative Development Social Enterprise Alliance Global Partnerships Foundation for the Challenged Chicago Fund Bethany, Inc. NICA Fund (Dublin) Avenues to Independence Seward Square Cooperative Wheeler Creek CDC Root Capital Lofts At Hoover (Dayton) Common Ground WISE Charter School Randle Heights Tenant Association E+Co LEARN Charter School Lincoln International Charter School First Book Sustainable Harvest Oregon (1) Oakwood Blvd CDC Excell Academy Father & Sons LLC Microvest 9 Proud Ground (Portland) Urban Green Global Academy E.L. Haynes Public Charter School
Our Borrowers (Historical locations) AK VT WA ME ND MT NH Partners MN OR MA NY for the WI SD ID RI Common MI CT WY PA Good IA OH NJ NE DE NV IL IN WV CA UT VA MD CO KS DC MO KY NC HI TN OK AR SC AZ NM MS GA AL LA TX FL PCG, Inc. 1444 Eye Street, NW Suite 201 Washington, DC 20005 202.689.8935 10
Our Network Mile High Community Loan Fund Denver, CO SeaChange Capital Partners New York, NY Northern California Community Loan Fund Fresno, CA
Our Newest Initiative: CapNexus Partners for the Common Good PCG, Inc. 1444 Eye Street, NW Suite 201 Washington, DC 20005 202.689.8935 12
Community Meets Capital CapNexus is an online tool to match project or Partners funding needs to the best available resources for the Common Good PCG, Inc. 1444 Eye Street, NW Suite 201 Washington, DC 20005 202.689.8935 13
Who Is Using CapNexus? Partners 12% for the CDFIs Common Good 14% Impact Investors and Foundations Banks & Institutional 62% 62% Investors 12% 2% Government & Nonprofits PCG, Inc. 1444 Eye Street, NW Suite 201 Washington, DC 20005 202.689.8935 14
What Do Users Post? Volume me of Loans ns by Asset Type Total Funding ng Needed by Asset Type (# of loans ns) ($ of loans) Partners 30 $60,000,000 for the 25 $50,000,000 Common 20 $40,000,000 Good 15 $30,000,000 10 $20,000,000 5 $10,000,000 0 $0 PCG, Inc. 1444 Eye Street, NW Suite 201 Washington, DC 20005 202.689.8935 15
Our Performance FY FY FY FY FY FY FY FY FY FY FY FY 6/30/14 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Partners $6.4 $7.6 $10.0 $11.1 $12.3 $13.9 $16.5 $20.1 $24.0 $24.5 $26.0 $27.4 $27.7 Total MM MM MM MM MM MM MM MM MM MM MM MM for the MM Assets Common Good $5.8 $6.0 $7.4 $8.0 $8.9 $10.1 $11.7 $14.4 $17.6 $17.9 $18.1 $18.7 18.8 Total Loan MM MM MM MM MM MM MM MM MM MM MM MM MM Capital 17% 17% 23.3% 26% 27% 25% 27% 27% 26% 26% 29% 31% 31% Net Asset Ratio 29% 38% 44% 71% 62% 84% 72% 69% 75% 73% 68% 80% 67% Self Sufficiency Audit No findings or material weakness N/A PCG, Inc. 1444 Eye Street, NW Suite 201 Washington, DC 20005 202.689.8935 16
Our Balance Sheet (in $ millions) $30 $25 Partners for the Common $20 Good $15 $10 $5 $0 PCG, Inc. 1444 Eye Street, NW Net Assets Total Loan Capital Loans Outstanding Total Assets Suite 201 Washington, DC 20005 202.689.8935 17
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