Nonprofits Assistance Fund
A former banker, Kate Barr long has been a leader in Minnesota’s large nonprofit sector, joining the Nonprofits Assistance Fund (NAF) in 2000. Her organization helps nonprofits that want to make the world a better place, but need guidance or a loan to strengthen their financial operations. In fiscal 2015, NAF made loans exceeding $16 million to nonprofits. In 2017, Barr’s leadership role will become even more important because she will control a much larger organization: MAP for Nonprofits, which offers training, accounting and other services to nonprofits, will be merged into Barr’s NAF. The two organizations employ 28 combined.