Durham Reporter has submitted a Freedom of Information Act (FOIA) request to the U.S. Department of the Treasury seeking information on the “financial intermediaries” that have received “equity investments” from Durham-based Self-Help Ventures Fund between 2004 and 2020.
Steve Cortes, president of the League of American Workers (LAW), said it’s "not a good look” for a Durham-based network of nonprofits to get a half-billion dollars in federal funding and lobby for regulations against competitors.
A network of connected non-profit organizations run by Durham, N.C.-based credit union CEO Martin Eakes has received more than a half-billion in U.S. Treasury funds.