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TCCCF Organizational Structure
The Twin Cities Community Capital Fund (TCCCF) is a Minnesota nonprofit corporation that is organized and operated exclusively for purposes consistent with Section 501 (c)(3) of the Internal Revenue Code.
- Organizations become members of the corporation when they deposit funds in an amount ranging from $50,000 to $200,000 in the TCCCF Loan Fund Escrow Account.
- The corporation has three classes of members, with each class of members responsible for the nomination and election of two directors to serve on the Board.
- The business affairs of the corporation are under the direction of a nine-member board of directors. In addition to the six directors elected by the membership, the elected directors appoint three at-large directors to the board.
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