The Fountain Fund provides low-interest loans to formerly incarcerated people who identify areas where a loan would help to provide the elevation they need. Examples of loan fund uses include: Repay court-imposed fees, costs, or other obligations, Purchase specialized equipment necessary for particular jobs, Start small businesses, Purchase an automobile, First month’s rent and deposit to secure stable housing

To be considered for a loan, applicants must show the following: A record of past incarceration, Ability to pay back the loan, and A potential elevation in their personal circumstances as a result of the loan. The Fountain Fund does not discriminate based on type of conviction or length of incarceration.

The Fund’s loans have ranged from as little as $250 to as much as $15,000. Loan amounts are determined on a case-by-case basis with the goal of setting up our Client Partners for success. We typically offer our loans for a 3-year term at a low 5.0% interest rate. We have an incentive that provides a 3.0% interested rate for Automatic Clearing House (ACH) participation, which automatically withdraws funds from a checking account.

No, the Fountain Fund does not provide assistance with debt consolidation.

Please complete our online form to make sure you’re eligible. Once your information has been reviewed, a staff member will be in touch to start the process.

You can make an individual or recurring donation or contact us if your company or organization would like to participate on a larger scale.