Low-Interest, High Impact: Launching Possibility with First Southwest Bank

Durango Nordic’s Snowcat, purchased with the help of the LAUNCH Loan in 2024.

Since 2018, the Community Foundation and First Southwest Bank have partnered to offer the LAUNCH Fund—a low-interest loan program designed to help nonprofits bridge funding gaps, manage growth, or respond to essential needs. This partnership builds on nearly a decade of collaboration between our two organizations.

As one of only two Community Development Financial Institutions (CDFIs) in Colorado, First Southwest Bank is uniquely positioned to invest in the strength of rural and underserved communities. Their support goes beyond financing—they’ve sponsored major initiatives like the Making a Difference Speaker Series and Southwest Colorado Gives Day, demonstrating a deep and ongoing commitment to the region.

Through innovation and trust, the LAUNCH Fund gives nonprofits the financial flexibility to move forward with confidence. We’re proud to partner with a financial institution that truly understands the power of community, and we’re grateful for their vision, generosity, and unwavering support.

To see more stories about the Foundation from various community members, visit our online flipbook here!