BCF Investors and
Contributors

 

BCF Investors and Contributors

As a non-profit program of the NMSDC, The Business Consortium Fund (BCF) is funded primarily through investments and contributions made by NMSDC corporate members and other organizations. Since 1986 BCF Investors & Contributors have provided approximately $26 million in capital to the BCF. These firms invested in the BCF because they understand that minority business development goes beyond having a supplier diversity program. Their funding enables the BCF to fulfill its mission to provide access to capital to NMSDC certified firms that experience difficulty obtaining financing on reasonable terms through conventional channels. As a result of sharing in the risk undertaken by participating lenders by way of credit enhancement, the BCF makes loans possible that would not otherwise be made based on the lenders traditional underwriting standards.

As a direct result of the dedicated and focused support of NMSDC corporate members and other major corporations, minority-owned firms have become a critical component of today's US economy. Presently, more than three million minority-owned firms generate total sales in excess of $600 billion. The number of MBE's is at an all time high and minority-owned companies are increasing at four times the rate of all US firms -- making them the fastest growing sector of America's economy. While the recent growth and development of minority-owned companies is impressive, there is still a long way to go.

The BCF believes that Corporate America must continue to play a vital role in the expansion of minority businesses. As a not-for-profit affiliate of the NMSDC, the BCF relies heavily on refundable investments and contributions from corporations to finance its funding programs. Typically commitments range from $100,000 to $1,000,000 but have been as high as $3,000,000. In 2007, the BCF initiated the Sustaining Contributor Fund to provide annual funding for operating expenses. The Sustaining Contributor Fund offers companies the opportunity to make a multi-year commitment to contribute annually in amounts from $10,000 - $100,000. Sustaining Contributions help fund the annual operating budget and enable more BCF contribution and investment funds to go towards funding the financing programs. 

The BCF financing program is highly successful. Since its inception in 1985, the BCF has made a significant contribution to the growth and development of minority suppliers to corporate America. Click here to view the BCF Impact Statement and number of loans facilitated.

To learn more about the BCF and how your Corporation can help build a stronger minority supply chain by investing in the BCF, contact Serafin Mariel, President at 212-243-7360.

BCF Corporate Contributors and Investors

CONTRIBUTORS:

ALCOA FOUNDATION
ALTRIA CORPORATION
AMERICAN EXPRESS COMPANY
A T & T CORPORATION
ARCO FOUNDATION
BELLSOUTH CORPORATION
THE BOEING COMPANY
BP AMOCO FOUNDATION
CATERPILLAR INC.
CHEVRON USA
THE COCA-COLA FOUNDATION
COLE CHEMICAL *
DAIMLER-CHRYSLER CORPORATION
DELL INC.
E.I. DUPONT DE NEMOURS & COMPANY
FEDERATED DEPARTMENT STORES
THE FORD MOTOR COMPANY
GABE AGUIRRE *
GENERAL ELECTRIC COMPANY
INTERNATIONAL BUSINESS MACHINES
JC PENNEY COMPANY FUND
JOHNSON & JOHNSON
KAMAN AEROSPACE CORPORATION
LEHMAN BROTHERS
MCI, INC.
MERRILL LYNCH & COMPANY
MICROSOFT CORPORATION
MINORITY BUSINESS ENTREPRENEUR*
MOLSON COORS BREWING COMPANY
MORGAN STANLEY
PEPSICO, INC.
SBC CORP.
T. SMITH INDUSTRIES *
THE UPS FOUNDATION
THE PROCTER & GAMBLE COMPANY
WAL-MART STORES, INC.
XEROX CORPORATION

INVESTORS:

ANHEUSER-BUSCH COMPANIES
AVON
BELL ATLANTIC CORPORATION
CAMPBELL SOUP COMPANY
CONRAIL CORPORATION
DIGITAL EQUIPMENT CORP
DURACELL INTERNATIONAL
EASTMAN KODAK COMPANY
EXXON CORPORATION
THE FORD FOUNDATION
GENERAL MOTORS COMPANY
HERSHEY FOODS CORPORATION
KMART CORPORATION
THE KROGER CORPORATION
MICHIGAN STRATEGIC FUND
MOBIL OIL
NEW YORK NATIONAL BANK
PACIFIC BELL CORPORATION
PACIFIC GAS & ELECTRIC
SEARS ROEBUCK & COMPANY
SHELL OIL COMPANY
WESTPOINT STEVENS INCORPORATED
WM. WRIGLEY, JR. COMPANY
* Minority Owned Companies

SUSTAINING CONTRIBUTORS:

CHRYSLER LLC
COCA COLA COMPANY
IBM CORPORATION
IKON OFFICE SOLUTIONS
J.C. PENNEY COMPANY
MACY'S INC.
MICROSOFT CORPORATION
PEPSICO. INC.
RAYTHEON COMPANY
SOFTWARE HOUSE INTERNATIONAL