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Fundraising subcommittee eyes land‑trust partnership, banks and foundations; explores online giving
Summary
The trust’s fundraising subgroup reviewed public and private fundraising routes, including partnering with a 501(c)(3) community land trust to access foundation grants, an inventory of local banks, and the possibility of online donations subject to city rules.
Revere — The fundraising subcommittee of the City of Revere Affordable Housing Trust Fund spent its March 12 meeting mapping public‑ and private‑sector fundraising options and potential partners to expand the trust’s capital.
Subcommittee members discussed partnering with a Community Land Trust (CLT) — a 501(c)(3) nonprofit — to access foundation grants and private donations that are difficult for a municipal trust to pursue directly. Board member Anayo Sawicki reported an inventory of local banking institutions, saying there are “about 150 or so banks in the Mass area, and about 50…
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