Upwell
Community
Capital

Scroll down

Upwell Community Capital

Upwell Community Capital is an integrated capital fund investing in capacity-building efforts across our bioregion—Oregon, California, Washington, and Alaska—in alignment with Ecotrust’s 3E approach of racial equity, environment, and economy. We provide financing and technical assistance to purpose-driven organizations and businesses through creative models that center the well-being of people and communities over profit maximization. 

vision

Our vision is for all communities in our bioregion to have access to the resources and support they need to build an equitable economy, grow shared wealth, and create climate resilient systems.

We work to close the racial wealth divide and transform our economic system through the strategic redistribution of resources into community-led projects. We know community-driven solutions already exist, and it is our shared work to shift the power, capital, and support necessary where our partners’ projects succeed and we all thrive.

staff_volunteer_day_blur_web

On Earth Day, Ecotrust staff and volunteers help out at Thimbleberry Collaborative Farm. Jason Hill

Sunset in the Tongass National Forest.

Sunset in the Tongass National Forest. These are the homelands of the Tlingit, Haida, and Tsimshian Peoples who continue to care for, steward, and honor the lands and waters that sustain all Southeast Alaskans. Each isolated community is as unique and diverse as the people who call it home. Bethany Sonsini Goodrich

Why the name?

Upwelling zones are regions where deep, nutrient-rich waters rise to the surface and are powerful natural phenomena that drive marine productivity and sustain entire ecosystems.

At Upwell Community Capital, we see a direct parallel in our work. By deploying capital and infusing resources into community-led, place-based efforts across our bioregion we unlock the same kind of generative energy. Just as upwelling brings deep abundance to the ocean’s surface, our work is designed uplift and strengthen the leadership and resilience already present in communities.

Upwell Fund

Upwell Fund is a charitable loan fund managed by Ecotrust focused on investing in community-led, climate-smart, and equitable projects across Alaska, Washington, Oregon, and California. Grounded in Ecotrust’s 3E framework—Equity, Economy, and Environment—Upwell provides patient, non-extractive capital to purpose-driven organizations that are building climate resilience, shared wealth, and self-determination in their communities.

Our approach

Invest in our region
Invest in our region

We provide low-interest (0-3%), flexible loans ($20K–$50K) to BIPOC-led and frontline organizations across sectors like food, farming, forestry, fisheries, and mariculture.

Offer Non-Extractive Financing
Offer Non-Extractive Financing

No credit scores, no collateral, no guarantors, and no prepayment penalties. We center community wisdom and relationships over traditional banking practices.

Build Trust-Based Relationships
Build Trust-Based Relationships

We support borrowers before and after loans with technical assistance, check-ins, and site visits to ensure long-term success.

Partner for Impact
Partner for Impact

We work with Broadstreet Impact Services to service loans and help borrowers build credit.

Learn more about Broadstreet

Redistribute Capital with Purpose
Redistribute Capital with Purpose

Our investments aim to close the racial wealth gap and catalyze economic transformation by putting capital in the hands of those creating resilient and regenerative futures.

Hands holding sunflower petals

For Investors

We welcome mission-aligned investment from:

  • Donor Advised Funds (DAFs)
  • Institutional philanthropy
  • Family foundations
  • High-net-worth individuals

 

Minimum investment: $250,000 + 20% operating grant
Term: 10 years
Return: 0% interest
Repayment: Lump sum at maturity

Healthy Food Financing Initiative

A collaboration across three states of Alaska, Oregon, and Washington with partners from non-profits, government entities, and community financial institutions. This program is meant to increase access to healthy food in underserved communities though grants and low-interest loans. To learn more or apply for funding, visit:

Our projects

Healthy Food Financing Initiative

A collaboration across three states of Alaska, Oregon, and Washington with partners from non-profits, government entities, and community financial institutions. This program is meant to increase access to healthy food in underserved communities though grants and low-interest loans.

many fresh vegetables spread out in lovely display

Tolga Ahmetler / Unsplash

hand reaching into woven basket full of brilliant red huckleberries

Red huckleberries harvested in the Tongass National Forest, located in Southeast Alaska. Bethany Sonsini Goodrich

Our projects

Community Asset Development

Because we know some ideas are big and not all projects are ready to access financing, we offer capacity building technical assistance for projects in the pre-development phase. 

Community Asset Development works in collaboration with BIPOC-led and serving community-based organizations that are working to acquire or redevelop a building, a business, &/or land. Our support includes business, financial, and operational planning & strategy.