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Craft3 News

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  • Snack maker Bumble Bar adds co-packing division

    Journal of Business
    February 11, 2021
    Liz Ward, founder and CEO of BumbleBar, says a $1.3 million loan from Craft3 made it possible to relocate operations and upgrade equipment.

  • Using New Markets Tax Credits to Build a Home for Healing for the Coquille Indian Tribe

    Stanford Social Innovation Review
    February 2, 2021
    Twenty years ago, NMTC began transforming underserved communities. While some question the federal program’s impact, one rural Oregon tribe has made them a cornerstone of better health and cultural restoration.

  • Boon Boona Coffee Overcomes Rejection to Bring More Than Just Coffee to Seattle

    U.S. Small Business Administration
    January 28, 2021
    With the help of the Greater Seattle SCORE chapter and Craft3, Efrem Fesaha gained the knowledge to run his business and a SBA loan to open his Renton café.

  • Giving Billions Fast, MacKenzie Scott Upends Philanthropy

    The New York Times
    December 22, 2020
    Through a streamlined operation, Ms. Scott has given away $6 billion this year, much of it to small charities and nonprofits. By disbursing her money quickly, she has pushed the focus away from the giver and onto those she is trying to help.

  • Giving Billions Fast, MacKenzie Scott Upends Philanthropy

    The New York Times
    December 20, 2020
    Through a streamlined operation, Ms. Scott has given away $6 billion this year, much of it to small charities and nonprofits. By disbursing her money quickly, she has pushed the focus away from the giver and onto those she is trying to help.

  • Craft3 receives $10 million donation

    Coast River Business Journal
    December 16, 2020
    Craft3 to use gift from MacKenzie Scott to accelerate work on a new loan program focused on marginalized groups less able to gather the cash equity necessary for traditional financing or access new markets because of systemic racism.

  • MacKenzie Scott says she has given $4.1 billion to charity

    Associated Press
    December 16, 2020
    MacKenzie Scott and her team used data to identify organizations with strong leadership and results, specifically in communities with high food insecurity, racial inequity and poverty rates to select recent grant awardees.

  • MacKenzie Scott gives away $4.1 billion to 384 organizations, including 4 Washington state groups

    The Seattle Times
    December 16, 2020
    Craft3 one of four Washington-based organizations to receive grants from MacKenzie Scott as part of The Giving Pledge.

  • 384 Ways to Help

    https://medium.com/@mackenzie_scott
    December 15, 2020
    Craft3 one of 384 organizations to receive $4,158,500,000 in gifts across all 50 states, Puerto Rico, and Washington D.C.

  • MacKenzie Scott Makes Catalytic $10 Million Gift to Craft3

    Press Release
    December 15, 2020
    Craft3 receives extraordinary $10 million grant from author and philanthropist MacKenzie Scott. The gift will catalyze investments in Black-, Indigenous-, and people of color-owned businesses and communities, as well as efforts to combat climate change.
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    Craft3 is an equal opportunity lender and employer. NMLS ID 390159 NMLS Consumer Access.
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