Join our mailing list to receive updates on our latest news, funding opportunities and more.
Start a conversation with us about your work!

Impact Investing

As a private foundation, Dogwood can do more than make grants. We can also use our assets to help other organizations acquire access to capital – which they can then use to create beneficial opportunities for the region, such as affordable housing or jobs in businesses that contribute to improving the health and wellbeing of communities. Our support can take the form of bridge loans, loan guarantees, start-up capital or an equity investment.

Although investments like these may deliver modest financial returns (which we can then redeploy into the region for charitable purposes), our primary focus is on the social returns each investment delivers.

Recent Impact Investments

  • Bridge Funding for Paycheck Protection Program loan applications to help small business and nonprofit employers during COVID-19. In partnership with Mountain BizWorks, we helped 380 area nonprofits and businesses access funds immediately instead of waiting for SBA loan approval, which helped sustain more than 2,100 jobs across our region. 

  • Line of credit guarantees to help local laboratory Sanesco Health, operating as CommunityLab, create a COVID-19 testing resource dedicated to Western North Carolina. Sanesco will make WNC its top priority for all COVID-19 testing.

  • Pre-development costs, loan guarantees, letters of credit and equity contributions to support a collaborative effort to create affordable housing in McDowell County.
The Romero family portrait


Sanesco Health

A family-owned company headquartered in Arden, Sanesco has been providing lab services to roughly 900 physician practices and distributors across the United States and Canada for 15 years. “When we arrived to Asheville for the very first time, there was an immediate connection”

Rolling chair in front of science lab hood.
A woman wearing a face mask, gloves, and disposable lab coat talking with others in a pop-up tent outside.
Lab room with exam tables and windows looking into a supply room.