News

Anthem Blue Cross Foundation Inaugural Impact Investment to Benefit California Schools and Students

Anthem Blue Cross Foundation Inaugural Impact Investment to Benefit California Schools and Students

Anthem Blue Cross Foundation, the philanthropic arm of Anthem Blue Cross of California, announced a $300,000 inaugural impact investment loan to Burlingame-based Psyched Services. Facilitated by impact asset manager, Mission Driven Finance, this funding will support Psyched Services as the organization works to provide vital mental health services to 380 schools in California, directly benefiting more than 3,200 children and families across the Golden State.

read more
Ownership Matters highlights Mission Driven Finance

Ownership Matters highlights Mission Driven Finance

This conversation took place between Elias Crim of Ownership Matters—a biweekly newsletter for the founders and funders of the emerging solidarity economy—and Mission Driven Finance’s co-founder and CEO, David Lynn, and Lauren Grattan, co-founder and Chief Community Officer.

read more
Fifty by Fifty Employee Ownership News: Employee Ownership Catalyst Fund Preserves Local Businesses and Jobs

Fifty by Fifty Employee Ownership News: Employee Ownership Catalyst Fund Preserves Local Businesses and Jobs

Project Equity and Mission Driven Finance announced on Labor Day the launch of the Employee Ownership Catalyst Fund, an evergreen debt fund that will offer flexible financing to businesses preparing for—or executing—an employee ownership transition. The fund targets businesses across the U.S. with 25 to 100-plus employees, particularly those employing frontline, low-wage workers and workers of color.

read more
Announcing some exciting (and bittersweet) team changes

Announcing some exciting (and bittersweet) team changes

As Mission Driven Finance celebrates its fifth year flowing capital to community, we have seen our company grow and change many times, especially given our focus on being a deliberately developmental organization. This season feels like one of great change even with that mindset, and we want to make sure you learn about the latest team changes at Mission Driven Finance.

read more
Congresswoman Sara Jacobs’ Request for $1 Million in Child Care Funding for San Diego County Included in FY 2022 House Appropriations Bill

Congresswoman Sara Jacobs’ Request for $1 Million in Child Care Funding for San Diego County Included in FY 2022 House Appropriations Bill

The $1 million in federal funding for the Child Care Expansion Fund would be used by the County of San Diego to address the acute shortage of child care by helping small child care businesses expand. Mission Driven Finance, working with the County of San Diego and Congresswoman Jacobs, looks forward to filling the financial gaps and providing the support providers need to expand to care for more children and help more parents get back to work.

read more
Social Impact Investing with David Cooper and Maggie Spicer

Social Impact Investing with David Cooper and Maggie Spicer

In this episode of the Essential Ingredients podcast powered by NextGenChef, host Justine Reichman talks with David Cooper—our senior portfolio advisor and co-founder of the 86 Fund—and fellow co-founder Maggie Spicer about impact investments and charitable capital investments through donor-advised funds (DAFs).

read more
Asian Pacific Islander Businesses of the Year Awards 2021

Asian Pacific Islander Businesses of the Year Awards 2021

In honor of Asian American and Pacific Islander Heritage Month, the San Diego Business Journal and Asian Business Association San Diego presented Asian Pacific Islander Businesses of the Year Awards and a panel discussion that included our Chief Investment Officer Louie Nguyen. Congratulations to portfolio company Microtek took home the “Most Innovative” Business of the Year Award.

read more