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ANGEL FUND

Funding Hope and More to Rutherfordton Businesses

Are you a business affected by COVID-19? Do you know a business that is struggling from the effects of the new mandates? Would you like to help provide support and assistance to your local community? The Angel Fund is here to offer an opportunity! 

Developed by Rutherford Town Rising (RTR), the ANGEL FUND is a way of paying it forward as a means to provide critical assistance to businesses located in Rutherfordton that have been hit hard by the effects of the coronavirus pandemic. Our downtown businesses are being crushed by either closing completely or having to pare down drastically just to keep open and stay afloat.


Beyond the current crisis, this fund will be used to support the future critical needs of Rutherfordton businesses individually or as a group.

The RTR Angel Fund program will provide funding of up to $3,000 to cover rent, utilities, payroll, and other critical operating expenses for local businesses in need. The first $1,000 is considered a grant, the remaining funds up to $3,000 will be an interest-free 24-month loan from RTR.

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How is it being or how will it be funded?

We have individuals and businesses already interested in potentially matching up to $50,000 to make this a very robust fund to help our local businesses. BUT, WE NEED YOUR HELP!!!
It is our goal to maximize that match and reach $100,000 that can flood back into our local economy.

We are looking to other businesses and individuals who have a desire to help fund this no matter the amount given. The beautiful part...... whatever you give will be matched.... doubling your impact. (for as long as pledged matching funds are available)

ALL DONATIONS WILL BE KEPT CONFIDENTIAL UNLESS YOU PERSONALLY CHOOSE TO MAKE YOUR SUPPORT PUBLIC.

 

RTR is a registered 501(c)3 and your donations may be tax-deductible. Please consult your accounting professional should you have any tax-related questions.

If you are a Rutherfordton business in need and have been adversely affected by COVID-19 please click on the link below to apply for assistance.