Give Where You Live
Our October Positive Change recipient, the Bloomingfoods Cooperative Community Fund (or BCCF), is a little different from the others. The BCCF is one of 40 individual food co-op funds which are aggregated in an endowment for investment in cooperative development.
The funds raised during the October Positive Change campaign will be added to the endowment. In exchange for participation, Bloomingfoods receives annual investment income from the TPCF. This investment income will be gifted to local nonprofits selected by the co-op, while the invested funds continue to support co-op development in our region.
David Thompson, President of the Twin Pines Cooperative Foundation explains, “There is much to be thankful for in the world of food cooperatives. Through a series of good deeds and contributions from co-ops, funders, and vendors, the Cooperative Community Fund grew in 2015 by leveraging another $3 million of much-needed funds for co-op development. We call growing these funds the Give Where You Live Campaign. Each local fund serves as a means for local co-op owners, shoppers, and vendors to make donations to an endowment that donates to local nonprofit organizations.”
Be sure to round up your next purchase at the register to support co-op development and your local food cooperative!