In addition to its international grant-making, the Skoll Foundation also disburses over a million a year in grant dollars to support projects in Silicon Valley, where it is based. Additionally, Skoll makes program-related investments in some of its grantees. For instance, in 2005, Skoll made a $1 million, 5-year 1% interest PRI loan to enable Lenders for Community Development to further expand its micro-enterprise, affordable housing, and community facility loan programs.
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POINT (-122.1617049 37.4453033)