Frequently Asked Questions
OnePierce gives out grants, which do not have to be repaid, and loans, which need to be repaid with (low) interest. Although both grants and loans will benefit community organizations, loans have an added benefit for the community. As they are paid back, loans create an ongoing, revolving funding stream that can be used, in part, to sustain OnePierce and to continue to meet the needs of local organizations. Loans are also used to pay back our own investors.