Nonprofit lender secures highest certification possible from Candid on its GuideStar platform.
Albuquerque, NM (August 8, 2023) — DreamSpring, a leading nonprofit Community Development Financial Institution (CDFI) and U.S. Small Business Administration (SBA) lender, has once again been honored with the Candid Platinum Seal of Transparency on GuideStar. This recognition certifies DreamSpring as a highly reputable and trustworthy nonprofit, providing donors the confidence to support its mission of accelerating economic inclusion and strength in underserved communities.
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The Candid Platinum Seal of Transparency is the highest level of certification offered by GuideStar's nonprofit transparency rating platform, surpassing its Bronze, Silver, and Gold tiers. Introduced in 2016, the Platinum seal is reserved for organizations that exhibit outstanding dedication to transparency and accountability. This marks the third time, and second consecutive year, that DreamSpring has received this recognition. |
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To achieve the Platinum Seal, DreamSpring has demonstrated its commitment to transparency by providing a wealth of organizational information, strategic goals, and impact-based metrics from its 29-year mission of expanding equitable access to business capital.
"As an organization that is deeply committed to accountability as a core value, DreamSpring is honored to be recognized once again with the Candid Platinum Seal of Transparency," says Amber Kani, Head of Stakeholder Engagement.
“We know first-hand that demonstrating integrity is critical to building trust — and trust is an essential ingredient in fostering the ecosystem of relationships needed to create systemic change. At the end of the day, this recognition helps us connect with key institutions and individuals that will propel our mission and empower entrepreneurs to be a catalyzing force for good in their communities."
Candid is a nonprofit dedicated to providing comprehensive data and insights about the social sector. Using those data-driven insights, the organization’s GuideStar platform helps donors and funders looking to research and verify nonprofits that align with their priorities.
DreamSpring is a nonprofit financial institution dedicated to eliminating systemic barriers and expanding economic opportunity through inclusive entrepreneurship. Since its founding in 1994, DreamSpring has issued more than $538 million to entrepreneurs from underserved communities across 27 states.
For more information about DreamSpring, its impact, and how to support its mission, please visit DreamSpring.org.
About DreamSpring
DreamSpring is a nonprofit Community Development Financial Institution (CDFI) and U.S. Small Business Administration (SBA) lender dedicated to accelerating the economic inclusion and strength of underserved communities. Founded in 1994, the organization provides rapid access to capital and customized wrap-around support to the most vulnerable small business owners in 27 states, focusing on communities including people of color, women, low- to moderate-income earners, people with disabilities, and start-ups. To date, DreamSpring has issued more than 48,796 loans totaling over $538 million to small businesses that support an estimated 65,138 jobs. Learn more at DreamSpring.org.