Cooperative Development Foundation
From Wikipedia, the free encyclopedia
Steven Thomas, executive director
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| Company type | Charitable organization |
|---|---|
| Founded | 1944 |
| Headquarters | Arlington, Virginia |
Key people | Terry Lewis, chair Steven Thomas, executive director |
| Revenue | 3,402,428 United States dollar (2022) |
| Total assets | 11,289,391 United States dollar (2022) |
| Website | cdf |
The Cooperative Development Foundation (CDF) is a 501(c)(3) charitable organization engaged in cooperative development in the United States. CDF administers revolving loan funds, provides grants, and fosters economic development through the formation of cooperatives. CDF is partnered with the National Cooperative Business Association.
The Cooperative Development Foundation was founded in 1944 as The Freedom Fund. The organization initially assisted in the development and reconstruction of cooperatives in Europe after World War II. CDF wrote the check that created the Cooperative for American Remittances to Europe which provided economic relief for Europe.[1]
The Freedom Fund changed its name to the Cooperative Development Foundation in the 1980s and turned its focus to domestic cooperative development, though it still supports international efforts.[2]
