Impact Investing
Our Impact Investing initiative is advancing whole health by extending the Foundation’s ability to create positive social change beyond our existing portfolio.
Overview
In mid-2024, the Foundation launched a new impact investing program with a $10 million commitment. The program is providing loans to small businesses, entrepreneurs, and social enterprises that are working to improve health-related social needs. These are the day-to-day conditions that shape health—such as mental health, housing, food, transportation, and access to care—and they play a critical role in improving health outcomes.
Through loans with interest rates below prime rates, the Foundation will provide inclusive and affordable financing for purpose-driven businesses that may not have traditional banking resources available to them. More accessible and impact-aligned capital across business stages can enable a wider range of businesses, including minority/women-owned ones, to scale impact and accelerate positive change in their communities.
The Foundation is partnering with Mission Driven Finance®, a Certified B Corporation in California, that mobilizes capital to increase inclusive and equitable access to education, health, and wealth. Mission Driven Finance is co-founded and co-owned by a woman of color and features an intentionally diverse team.
In Nevada, the Foundation is also partnering with Access CDFI, a community loan fund organization providing small businesses with access to affordable capital, to support the application and loan processes.
Learn more about Impact Investing.
Portfolio
Abide Women’s Health Services
Based in Texas, Abide Women’s Health Services exists to improve birth outcomes in communities with the lowest quality of care by offering healthcare and complementary services that are easily accessible, holistic, evidence-based, and free of judgment. The capital from this investment allows Abide to move forward with its plan of opening a birth center and providing continuity of care for its clients.
Psyched Services
Psyched Services is a special-education and behavioral health service provider based in California and dedicated to delivering innovative and evidence-based psychological and behavioral solutions. Psyched Services partners with families and schools to provide diagnostic assessments, training, coaching, counseling, resources, and expert guidance.