For the fourth consecutive year, AGM Financial Services (AGM) donated a total of $100,000 to four Baltimore nonprofit organizations. Recipients will receive a $25,000 unrestricted grant that allows each organization to spend the donation to further its mission as it sees fit and for any legal purpose it chooses.
“As a Baltimore-based company, much of AGM’s success comes from right here at home,” says Myles Perkins, President and Owner. “The Donor Fund is simply a way for us to give back to the community that gave us our start more than 30 years ago.”
Recipients of the 2024 grant donations include:
- Blue Water Baltimore’s mission is to restore the quality of Baltimore’s rivers, streams, and Harbor to foster a healthy environment, a strong economy, and thriving communities. As one of the largest environmental nonprofits in Baltimore, Blue Water Baltimore serves as a trusted watchdog and engaged protector of Baltimore’s waterways.
- Cherry Hill Eagles Foundation, located in Baltimore, MD, was established in 2002 to help empower youth and enhance their success in life. This organization provides youth football, youth boxing, youth cheerleading, community food drives, free dinners, and other programs that are designed to help children hit a home run in life.
- Hope Village Housing of Heart’s Place Services provides working displaced (homeless) families with a chance to own a truly low-cost home of their own in which to raise their children, build equity, and stabilize communities.
- McKim Center is the oldest continuously active community center in the United States. For over two hundred years, McKim’s “Free School” has enriched the lives of thousands of youth and families with athletics, academics, and neighborhood safety. The Center teaches neighborhood safety, peace, and wellness through physical education, science, the arts, and civic studies in its out-of-school time program.
“Each year, we decide on two nonprofits that align with AGM’s mission and values,” said Perkins. “We also accept nominations from our team. The team votes to determine the other two grant recipients. This is in addition to the $250 AGM employees are given each December to donate to any nonprofit organization of their choice.”
AGM is a privately held company based in Baltimore, Maryland, and a nationwide licensed FHA Mortgagee (lender) financing both Market Rate and Affordable Housing communities.
For those interested in learning more about this year’s grant donation recipients or would like to donate, please click the organization links above.
About AGM Financial Services
Founded in 1990, AGM is a leading FHA lender and GNMA seller/servicer. From new construction and substantial rehab to acquisition or refinance — AGM gets the deal done. Family-owned with over 30 years of experience, the firm has closed over $10 billion in FHA-insured multifamily project loans nationwide. We underwrite, fund, and service all of our loans. Developers and owners can count on AGM to be accessible, transparent, consistent, and ready to lend. To learn more about AGM, call 800.729.4266 or visit agmfinancial.com.