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 risks undertaken by participating lenders by way of credit enhancements, the BCF makes loans possible that would not otherwise be made based on the lenders’ traditional underwriting standards.

Expansion of Minority Businesses

The BCF believes that Corporate America must continue to play a vital role in the expansion of minority businesses. As a non-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 enable 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 1986, the BCF has made a significant contribution to the growth and development of minority suppliers.

To learn more about the BCF and how your corporation can help build a stronger supply chain by investing in the BCF, contact G. Winston Smith, President at 212-243-7360.

CONTRIBUTORS:

AGL RESOURCES, INC. / SOUTHERN COMPANY
ALCOA FOUNDATION
ALTRIA CORPORATION
AMERICAN EXPRESS COMPANY
AT&T CORPORATION
BP FOUNDATION
THE BOEING COMPANY
CAMPBELL SOUP COMPANY
CATERPILLAR INC 
CHEVRON USA
THE COCA-COLA COMPANY 
COLE CHEMICAL & DISTRIBUTING, INC 
DELL, INC. 
DOW DUPONT, INC. 
FIAT CHRYSLER AUTOMOBILES  USA LLC 
THE FORD MOTOR COMPANY 
GABE AGUIRRE *
GENERAL ELECTRIC COMPANY 
IBM CORPORATION 
INTERNATIONAL TRUCK AND ENGINE CORP. 
IKON OFFICE SOLUTIONS, INC. (RICOH) 
JC PENNEY COMPANY FUND, INC. 
JOHNSON & JOHNSON 
KAMAN CORPORATION 
MACY’S (FEDERATED STORES) 
MERRILL LYNCH WEALTH MANAGEMENT
MICHIGAN STRATEGIC FUND 
MICROSOFT CORPORATION 
MINORITY BUSINESS ENTREPRENEUR *
MOLSON COORS BREWING COMPANY 
MORGAN STANLEY COMPANY 
NYS EMPIRE STATE COMMUNITY DEVELOPMENT CORPORATION 
PEPSICO, INC. 
THE PROCTOR AND GAMBLE COMPANY 
RAYTHEON COMPANY 
SBSC CORP. 
NEW YORK NATIONAL BANK (STERLING NATIONAL BANK) 
SHI INTERNATIONAL 
T. SMITH ENGINEERING, INC. *
UPS FOUNDATION 
VERIZON COMMUNICATIONS 
WAL-MART, INC. 
XEROX CORPORATION 

* Minority Owned Companies

INVESTORS:

ANHEUSER-BUSCH COMPANIES 
AVON PRODUCTS, INC. 
CONRAIL CORPORATION 
DURACELL INTERNATIONAL (BERKSHIRE HATAHWAY) 
EASTMAN KODAK COMPANY 
EXXONMOBIL CORPORATION 
FORD FOUNDATION 
GENERAL MOTORS CORPORATION 
HERSHEY COMPANY (MARS, INC.) 
KMART CORPORATION (SEARS HOLDINGS CORPORATION) 
THE KROGER COMPANY 
PACIFIC GAS & ELECTRIC COMPANY 
SHELL OIL COMPANY 
VERIZON COMMUNICATIONS, INC. 
WILLIAM WRIGLEY, JR. COMPANY (MARS, INC.) 

SUSTAINING CONTRIBUTORS:

THE COCA-COLA COMPANY
FIAT CHRYSLER AUTOMOBILES USA LLC
IBM CORPORATION
J.C. PENNY COMPANY FUND, INC.
MICROSOFT CORPORATION
PEPSICO FOUNDATION
RAYTHEON COMPANY
SHI INTERNATIONAL
UPS FOUNDATION

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