More Than $700,000 in Grants Awarded to D.C. Area Food Businesses and Nonprofits for Cold Storage Needs

Now in its second year, “Keeping It Cool” grants provide cold storage support for local small food businesses and nonprofits to improve access to healthy foods

May 1, 2024 (Washington, D.C.) – More than $700,000 in grants have been awarded to 22 food businesses and nonprofits to help them grow while expanding access to healthy food for disinvested communities in the Washington metro area. These include communities experiencing food apartheid, adults and students living with low incomes, children and families that are unhoused, refugees, and incarcerated youths.

The “Keeping It Cool” grants, funded by The Morningstar Foundation, provide these businesses and nonprofits with something essential that many might otherwise take for granted — cold storage infrastructure. The grants will go toward refrigerators, freezers, coolers, delivery vehicles, display cases and other upgrades. 

This year’s small business recipients include local restaurants, grocery markets, meal kit manufacturers, meal delivery services, farms and farmers’ market vendors. Nonprofit grantees include kitchen incubators, food pantries, food banks, and other services dedicated to making sure that people have access to healthy, fulfilling meals.

This is the second year that The Morningstar Foundation has funded the “Keeping It Cool” grants. Additional support was provided by the Bainum Family Foundation and the Wells Fargo Foundation.

“We are thrilled to support Keeping It Cool this year because we recognize the ongoing, significant, systemic challenges related to food access through the region. Additional cold storage is critical to getting healthy food to populations that need it most,” said Susie and Michael Gelman, Directors of The Morningstar Foundation. “We understand that different organizations and entrepreneurs have distinct needs, and we also have learned more about differences throughout the region. Keeping it Cool not only provides resources to purchase the cold storage while also providing technical assistance tailored to support specific needs for each entity. We are proud that Keeping it Cool makes a difference to these innovative organizations and food businesses while also strengthening economic development in our region.”

Capital Impact Partners — a nonprofit headquartered in Arlington, Virginia, that is part of the Momentus Capital branded family of organizations — serves as the grants manager. 

“Adding cold storage can help businesses and nonprofits overcome a huge barrier to growth so that they can serve more people in their communities,” said Alison Powers, Director of Economic Opportunities at Capital Impact Partners. “These grants are not just about keeping food cool. They will allow these businesses and nonprofits to create quality jobs, increase energy efficiency, and improve food safety and food access.”

The grantees are located in D.C. and the surrounding area in Maryland and Virginia: Arlington, Fairfax, Montgomery, and Prince George’s counties.

The 10 businesses receiving grants are:

“Healthy Fresh Meals has been expanding its partnerships with the Senior Nutrition Program in the state of Maryland and beyond to provide healthy and nutritious meals to seniors aging in place,” said owner Shana Greenbaum. “We are running into cold storage issues to keep up with our growing programs, so this money will help us build out a new walk-in cooler to store all the daily meals that go out for all of our programs.  We will be able to increase demand thanks to this new addition and take on more partners, such as Meals on Wheels, to increase access.”

The 12 nonprofits receiving grants are:

“The freezers help Bridges to Independence to accept more donations of perishable items, reducing food waste and providing a wider variety of healthy options for the children and families staying at our emergency shelter for families, Sullivan House,” said Fraser Murdoch, CEO of Bridges to Independence. “The added freezer capacity improves nutrition for the families and creates a more stable and comforting environment during what can be a challenging time. The grant enhances the emergency shelter’s ability to provide food and promotes the well-being and health of the families we serve.”

###

About Capital Impact Partners

Capital Impact Partners is transforming how capital and investments flow into communities to provide people access to the capital and opportunities they deserve. We work to champion key issues of equity and social and economic justice by deploying mission-driven financing, capacity-building programs, and impact investing opportunities.

Capital Impact Partners is part of the Momentus Capital branded family of organizations. The Momentus Capital branded family of organizations refers to the combined operations of Capital Impact Partners and CDC Small Business Finance, as well as their affiliates, Momentus Direct Capital, Momentus Securities (a FINRA-member broker/dealer), and Ventures Lending Technologies. Collectively, we offer a continuum of financial, knowledge, and social capital to help local leaders build inclusive and equitable communities and create generational wealth. This includes a comprehensive package of loan products, impact investment opportunities, training and business advising programs, and technology services that advance locally-led solutions.

A nonprofit Community Development Financial Institution, Capital Impact has disbursed more than $3 billion since 1982 to create access to critical social services, grow entrepreneurs, and create quality jobs. Capital Impact’s leadership in delivering financial and social impact has resulted in the organization being rated by S&P Global and Fitch, and recognized by Aeris for its performance.

Learn more at capitalimpact.org or momentuscap.org.