Family Tree Clinic
For more than 45 years, Family Tree Clinic (FTC) has helped cultivate a healthy community through comprehensive sexual health care and education. Today, FTC serves over 22,000 people annually, with 56% of patients identifying as LGBTQ, 70% identifying as women, and 80% as low-income.
Within the next two years, FTC is planning to relocate its clinic and offices to a new neighborhood with significant need. It has identified several high-potential sites in the Twin Cities, and its current building is already under contract for sale. Venn's PRI will help FTC meet a short-term financing gap of about $2 million while it raises permanent funds through a three-year, $5-6 million capital campaign.
Recipient Name: Family Tree Clinic
Corporate Form: Minnesota Nonprofit 501(c)(3)
Leadership: Alissa Light, Executive Director
Investment Sought: $100k - $2 million
Amount Raised to Date: $105,000
Overview of Investment Terms:
Unsecured loan
Simple interest accrues and is paid annually at 1%, 1%, 1%, 2%, and 2%, in Years 1-5 respectively.
Principal to be repaid in three balloon payments at end of Year 5.