Author Archives: awashington@trufund.org

TRUIMPACT | Nanzaram LLC

Nade Coulibaly-Doucoure is a dynamic business owner whose journey of growth and resilience has been significantly bolstered by her strategic partnership with TruFund. With a passion for creating job opportunities and improving her community, Coulibaly-Doucoure has successfully established two thriving businesses: a janitorial cleaning service and a maintenance company specializing in painting, tile floor installation, […]

TruFund Remembers Charles Foster

January 4, 1953 – May 9, 2024 In Memory of Mr. Charles Foster It is with profound sadness that we announce the passing of Mr. Charles Foster, our esteemed Chief Financial Officer at TruFund Financial Services. Charles was a pillar of strength and wisdom within our TruFund family. His unwavering dedication, exceptional financial acumen, and […]

TRUIMPACT ANNOUCEMENT | ERF Wins Novogradac 2024 Metro QLICI of the Year Award

New York, NY – June 4, 2024 – Empowerment Reinvestment Fund, LLC (ERF), a subsidiary of TruFund Financial Services, has been awarded the Novogradac 2024 Metro QLICI of the Year Award for its work with Custom Foods of America in Knoxville, Tennessee. ERF has been recognized for its contribution to community development and economic opportunity, as […]

TRUIMPACT STORY | Diki Daycare

Diki Daycare Success Story Established in 2005, Diki Daycare Center has since become a cornerstone of early child childcare, serving families in both New York City and the Boston area. Fueled by personal experience, founder and owner Tsering Diki shares how TruFund Financial Services was a vital partner in her efforts to provide quality care […]

TRUIMPACT STORY | Tre’s Street Kitchen

In the face of adversity, some entrepreneurs not only survive but thrive, showcasing remarkable resilience and innovation. Kristen Smith, co-founder of Tre’s Street Kitchen, embodies this spirit as she shares the inspiring journey of her business’s evolution and the pivotal role played by TruFund Financial Services along the way. Established in 2020, Tre’s Street Kitchen […]

TruFund Welcomes Jerrel Duffy as Vice President of Impact Investments

NEW YORK, NY – February 5, 2024 – TruFund Financial Services is excited to announce that Jerrel Duffy, Jr. has joined TruFund as the Vice President of Impact Investments, starting Monday, February 5, 2024.  He will be joining the Structured Lending & Investments team focused on providing access to capital to historically under-resourced affordable housing […]

TRUIMPACT STORY | Mayan Financial LLC

Mayan Financial LLC has been delivering exceptional tax and accounting services to the Houston, Texas community for over three years. Specializing in assisting native Spanish speakers, Mayan Financial provides a unique blend of comfort and expertise to its clients.  According to Chief Executive Officer Percy Pelaez, the company has greatly benefited from its partnership with […]

TRUIMPACT ANNOUNCEMENT – TruFund Financial Services Congratulates Monica Edwards for Being Named in the 2023 Responsible 100

NEW YORK, NY | January 2, 2024 – TruFund Financial Services is proud to announce that Monica Edwards, Senior Vice President & Director of New Markets Tax Credit at TruFund, has been recognized as one of the “2023 Responsible 100” by City & State New York. The Responsible 100 program, an initiative by City & […]

TRUIMPACT ANNOUNCEMENT – TruFund Announces Closing of its Neighborhood Health Center NMTC Transaction

NEW YORK, NY | January 8, 2024 – Empowerment Reinvestment Fund (ERF), a subsidiary of TruFund Financial Services, is proud to announce the closing of its Neighborhood Health Center NMTC transaction! ERF partnered with three CDEs to provide a total of $19.5 million in NTMC allocation to fund the rehabilitation of an abandoned school into […]

TRUIMPACT STORY | Jitaol Engineering

Headquartered in Fort Worth Texas, Jitaol Engineering is a versatile engineering company with more than 50 years of combined personnel experience. From construction to several forms of engineering services, professionals at Jitaol Engineering work to provide proven results for their client’s complex and challenging needs.   Theophilus Maku, President at Jitaol Engineering, says that when it […]