The Social Impact Fund is an early-stage impact investing fund supporting community-based social enterprises with innovative solutions to social and economic barriers to health. The success metrics are accelerating revenue and impact growth of early stage enterprises and having positive social impact in communities in terms of reducing access to healthcare barriers, food and economic insecurity and recidivism. The Fund has deployed $20M in funding such as loans, equity, tailored products, grants, and hybrids to SMEs.
DRK Foundation is a global venture philanthropy firm supporting early stage, high impact social enterprises. We believe that with early funding and rigorous support, exceptional leaders, tackling some of society’s most complex problems, can make the world a better place. We find, fund and support exceptional leaders with innovative and highly impactful ideas that have the potential to scale. We provide unrestricted capital, and, most importantly, we provide rigorous, ongoing support by joining the board of directors and partnering with the leader to help build capacity in the organization and scale their impact. Since we started in 2002 we have invested in over 200 organizations, which have impact a combined 220 million lives. With the support of 50 donor partners, we are currently deploying our fourth fund: ~$85 million dedicated to supporting the next generation of 100 social entrepreneurs who will change the world.
FJC –A Foundation of Philanthropic Funds (FJC) is a boutique public charity that offers a diverse menu of philanthropic services to a range of stakeholders. FJC is primarily a platform for Donor Advised Funds (DAFs). In addition to DAF accounts, its over 1,000 accounts include fiscal sponsorships, collective giving accounts, and many other philanthropic vehicles that enable nonprofit organizations and their supporters to achieve their missions. FJC acts as a scaled platform that allows its account holders to focus on mission, rather than be burdened with the details of operations and compliance. Our roles as sponsors of DAFs and fiscal sponsorship organizations situates us as an intermediary between the financial services sector and the nonprofit sector.
We work together with people and organizations to improve the health and well-being of residents in our community, especially those that have been historically under-resourced.
The Merchants Fund provides grants and other support to merchants and small businesses in Philadelphia.
TMF was established in 1854 - a time in our nation’s history when there was no safety net to provide health and disability insurance or pension plans and retirement benefits - to provide charitable gifts to merchants facing financial hardship. The Fund evolved from the Mercantile Beneficial Association, an organization dedicated to providing business advice, networking opportunities, and protection from financial failure or default due to illness, old age, or disability.
Recognizing its privilege as a funder and the historical and systemic disinvestment in communities of color, including BIPOC business owners, as well as the inequitable access to capital experienced by BIPOC, immigrant, and women merchants, TMF seeks to:
- Utilize the access and acumen of its leadership to strengthen its grantmaking;
- Engage small business owners in decision-making processes;
- Align its corpus to reflect its values; and
- Make flexible grants that address these historic disparities and build wealth within these communities.
We are a nonprofit organization that aims to attack the wealth gaps in the United States while also ensuring the retiring small business owners can leave a legacy behind with the jobs they have created in their communities.
Established in 2012, Open Road Alliance is a philanthropic initiative that serves the social sector by keeping impact on track in an unpredictable world. Open Road provides short-term solutions by disbursing fast grants and loans to nonprofits and social enterprises facing discrete, unexpected roadblocks during project implementation. It also conducts research and advocates for the adoption of long-term, system-wide risk management practices across the social sector.
The Sierra Club Foundation (SCF) promotes efforts to educate and empower people to protect and improve the natural and human environment. SCF supports climate solutions, conservation, and movement-building through a powerful combination of strategic philanthropy and grassroots advocacy rooted in equity, justice, and inclusion. As the fiscal sponsor of the charitable programs of the Sierra Club, we provide resources to it and other nonprofit organizations to support scientific, educational, advocacy, and legal programs that further our goals. We believe our fiduciary duty is not limited solely to the prudent oversight and investment of our assets, but includes a responsibility to manage and deploy those assets in a manner consistent with our mission and values. SCF was one of the initial signers to the Divest-Invest Philanthropy Initiative and has since moved beyond divestment to focus on a low carbon and climate solutions investment strategy. We also aim to utilize impact investing to empower communities with the resources, systems, and technologies needed to implement and scale equitable clean energy solutions, ensure access to clean air and clean water, protect natural resources, and improve resiliency and ability to adapt to climate change.
Tara Health Foundation advances health and economic justice by transferring all of our resources and assets to invest in and elevate solutions at the intersection of race and gender.
Institutions and people will take actions so that systematically marginalized people and minorities are able to assert sovereignty over their own bodies and futures, and lay full claim to quality healthcare, capital, and power. As a result, our society and the communities within it will be thriving with people of color at the helm.
To achieve this, systemically privileged institutions– beginning with the Tara Health Foundation– must let go of their historically unjust status, capital, and power. The vision of the Tara Health Foundation is that institutions and people must take actions to relinquish capital and power at the intersection of health, economic power, rights, safety, and education. This practice must be widely incorporated into public policy and all sectors so that racism and sexism in the US are eradicated.
