LendingTree Foundation is looking to transform the corporate giving model with the launch of its signature philanthropy program, the LendaHand Alliance.
Black-led nonprofits Do Greater Charlotte and West Side Community Land Trust are among 10 Charlotte-based organizations announced Tuesday as the inaugural cohort.
Powered by a $3.75 million infusion from the foundation, selected nonprofits each will receive $375,000 — divided as $125,000 over three years — to invest in homeownership, upward mobility, financial wellness, and entrepreneurship and innovation. In addition, cohort members will meet quarterly to foster collaboration and gain access to the foundation’s business expertise and social capital.
In 2012, online lending marketplace LendingTree began giving employees $200 during the holiday season to donate directly to those in need. The LendaHand…
