Our Donors

ACE forges partnerships with individual donors, lenders, private and government agencies, foundations and corporations to secure loan and education funds for small businesses.

We feel fortunate and thankful to work with all of our partners and contributors for their kind participation in helping ACE achieve their mission of providing opportunities and financial freedom to micro enterprises.

Message from the President of Appalachian Community Enterprises

Dear Donor,

Do you believe that anyone who has a dream to own a small business, who works hard, is persistent and willing to learn can succeed?

Do you believe that the pathway to the “American Dream” is through building assets such as owning a home or business?

If you answered yes to these questions, then you share the same values as ACE.

Recent Nobel Peace Prize winner, Dr. Muhammad Yunus, has shown the world the dramatic impact of micro credit, which is providing small loans to poor people so that they might start or expand a small business, in developing countries. ACE combines the strategy of micro credit with business development training services, to help north Georgia small business owners compete in the sophisticated U.S. market.

ACE’s micro credit loan fund is self-sustaining; earned interest pays the costs of operating the fund. However, it is ACE’s business support programs that make the difference. Your support as an ACE Ambassador would allow us to provide our business support programs, such as financial mentoring, financial education and networking opportunities, that truly help ACE clients succeed. These programs are not self-sustaining and ACE relies on contributions so that we may offer affordable business support programs. 

I invite you to support ACE and become an ACE Ambassador through making a tax-deductible contribution. As a result of small loans, reasonable interest rates, training in financial literacy, business and banking skills, ACE helps small business owners in achieving their goals and reaching their dreams. We welcome you to the ACE Ambassadors and thank you for your contribution and support.

Sincerely,

Grace Fricks
President and CEO, Appalachian Community Enterprises

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Our Funders List

	Ameriprise Financial/American Express Foundation-Economic Independence Fund As a leading provider of financial services, we strive to help individuals from all walks of life achieve financial independence. Our funding in this platform focuses on programs that teach work/life skills, allowing at-risk individuals and families to secure and retain employment. Ameriprise Financial also supports programs that teach youth the value of savings and investing, and programs providing financial education to under-served populations.
	Appalachian Regional Commission The ARC is a federal-state partnership that works with the people of Appalachia to create opportunities for self-sustaining economic development and improved quality of life.
	Bank of Hiawassee
	Brand Bank
	Community Bank & Trust
	Federal Home Loan Bank of Atlanta The FHL Bank of Atlanta contributes significantly to building communities by enhancing the availability of credit through its member financial institutions. The FHLBA shares its commitment to build stronger communities with its members, affordable housing advocates, community development corporations and economic development proponents.
	Gainesville Bank & Trust
	Habersham Bancorp
	Mary Reynolds Babcock Foundation MRBF supports grassroots groups and networks in low-wealth communities that are poised to expand its scale of impact. It also supports statewide or regional organizations and networks that are achieving large-scale impact. It is interested in both new approaches and proven strategies that link together grassroots and larger organizations.
	Mountain Valley Community Bank
	Ninth District Opportunity NDO's primary purpose is to work in partnership with low-income people promoting access to opportunities leading toward Self-Development, Self-Reliance & Self-Determination.
	North Georgia College and State University
	Regions Financial Corporation
	SunTrust Bank
	United Community Banks, Inc
	U.S.D.A Rural Development-Georgia Rural Development is committed to helping improve the economy and quality of life in all of rural America.
	Georgia Small Business Administration The GA SBA was created in 1953 as an independent agency of the federal government to aid, counsel, assist and protect the interests of small business concerns, to preserve free competitive enterprise and to maintain and strengthen the overall economy of our nation.
	U.S. Treasury Community Development Financial Institution Fund Through its various programs, the CDFI Fund enables locally based organizations to further goals such as: economic development (job creation, business development, and commercial real estate development); affordable housing (housing development and homeownership); and community development financial services (provision of basic banking services to underserved communities and financial literacy training).
	Wachovia Corporation
	Washington Mutual

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Testimonials from Our Donors

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Download ACE Financials:

The ACE financial documents can be downloaded as PDF files:

2006

ACE 2006Audit Document
ACE 2006 Form 990 Document

2005

ACE 2005 Audit Document
ACE 2005 Form 990 Document

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