Holiday Reminder: Pacific Continental Bank offices will be closed on Monday, May 29, in observance of Memorial Day.

   

While nonprofits should operate like a business, there are many complexities that set them apart from other enterprises such as inconsistent cash flow, governance by a board of directors and special requirements related to being tax-exempt. Pacific Continental has years of extensive experience providing banking services to nonprofit organizations. Many of our nonprofit banking team members have held positions within the sector and have a deep appreciation for the opportunities and challenges nonprofits face. What’s more, we proudly offer numerous business resources and events designed to empower and educate nonprofit executives and boards.

At Pacific Continental, we walk the talk. Not only do we provide banking services to numerous nonprofits, but we have also built a robust giving program. Through our Giving with Heart program, we provide charitable contributions and volunteer hours to help support these organizations as they carry out their missions. 

Products for Your Nonprofit

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Featured Resource

Social Enterprise: An Alternative Funding Strategy

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Click here and let us know how we might be able to help you and your organization.

Featured Resource

Community Annual Report 2016

Financing for Tax-Exempt Organizations

Financing for Tax-Exempt Organizations

Oregon

Small Nonprofit Accelerated Program (SNAP) Bonds: Pacific Continental Bank works with Oregon Facilities Authority to secure financing for nonprofits looking to remodel, expand, construct or purchase real estate through the use of tax-exempt conduit revenue bonds. The bank benefits from earning tax-exempt income from the bond and passes this benefit on to the nonprofit in the form of a lower interest rate.

Washington

Streamlined Tax-Exempt Placement (STEP) Bonds: Through the Washington State Housing Finance Commission and Washington Higher Education Finance Authority STEP Bond program, Pacific Continental has been able to help many nonprofits finance the purchase or construction of facilities. STEP Bond financing allows nonprofits to fix their costs of administration rather than paying escalating leases over the life of the asset. Since these Bonds are tax-exempt, the interest earned by the bank is not taxed allowing the savings to be passed on to the nonprofit through lower interest rates.

We are honored to have been recognized with the Proud Partner Award by the Washington State Housing Finance Commission for enabling nonprofits to build and equip facilities through the use of tax-exempt STEP bonds.

How We Support the Nonprofit Community

Calendar of Events

Jun . 2 Seattle, WA
Jun . 15 Eugene, OR

See more events and workshops.

Featured Resource

Tips for Nonprofit Cash Flow Projection

Project Hope – Eugene Luvable Dog Rescue Science Factory Meals on Wheels Boys and Girls Club United Way King County Oregon Food Bank Project Hope Share Supported Shelters One Fine Day Eugene Mission Lift Urban – Portland Community Lunch
Thanks so much for all your work to support our efforts and successes – it makes a huge difference.– Greater Eugene nonprofit

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