Nonprofit Loan Fund Announces Director

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Maura-GroganThe Nonprofit Loan Fund of Tucson and Southern Arizona (NPLF) is pleased to announce Maura Grogan has joined the organization as Loan Fund Director. In her role, Grogan will oversee all aspects of NPLF, including working with non-profits, donors, board members, and other partners both on strategic direction and day-to-day management.

“Nonprofits are a critical and vibrant resource in the quality of life for our region,” said Grogan. “I’m delighted to be the Nonprofit Loan Fund’s director, and to have the opportunity to provide nonprofits with a new financing vehicle through which they can diversify, strengthen and grow.”

NPLF’s mission is to strengthen the financial capacity of the region’s nonprofit sector by providing loan financing intended to bridge cash flow gaps and support program expansion. NPLF offers financial education, consultation and nonprofit management expertise to borrowers to help expand the reach and effect of the region’s nonprofit sector.  NPLF is an independent nonprofit and a supporting organization of the Community Foundation for Southern Arizona.

“The NPLF Board is thrilled to have Maura as part of the team,” said Don Jenks, Regional Credit Administrator at Bank of Tucson and Board Chair of NPLF. “Her background in both banking and the non-profit world provides us with the expertise needed to support our mission and help the non-profit community in many ways.”

Since moving to Tucson in 1999, Grogan has consulted extensively with non-profits throughout Southern Arizona. Prior to that, she spent 11 years in banking, working for First Interstate Bank and Bankers Trust Company in Los Angeles and HomeFed Bank in San Diego. She worked in a variety of areas, including Fortune 500 company lending, foreign currency trading, international marketing, and consumer banking.

Grogan currently serves as Chair of the Frank Lloyd Wright School of Architecture in Scottsdale, Arizona and Spring Green, Wisconsin. She has served previously on the boards of the Women’s Foundation of Southern Arizona, Microbusiness Advancement Center, and the Arizona Arthritis Center at the University of Arizona. Grogan has a BA from Yale University.

To learn more about the Nonprofit Loan Fund of Tucson and Southern Arizona, please visit nonprofit-loans.org or contact Maura Grogan at nplfinfo@cfsaz.org.

The Nonprofit Loan Fund of Tucson and Southern Arizona (NPLF) was founded in 2012 as a supporting organization of the Community Foundation for Southern Arizona. The NPLF’s mission is to strengthen the financial capacity and community impact of nonprofits in the region by providing affordable, operating loans to help bridge cash flow gaps as organizations await donations, grants and other reimbursements throughout the year. To learn more about the Nonprofit Loan Fund, please visit www.nonprofit-loans.org.