The Conrad Prebys Foundation announces a $1 million program-related investment (PRI) in Care Access Real Estate (CARE) as part of their landmark commitment to invest $100 million over the next ten years advancing the well-being of San Diego.
News
Local impact investment firm Mission Driven Finance marks 5th anniversary with $11 million milestone
Marking two major milestones, we are celebrating our fifth anniversary this month as well as having disbursed $11 million in assets to the small businesses and nonprofits dedicated to social change in the region.
Living Cities announces capital investment in Mission Driven Finance to increase access to growth capital and support for social impact small businesses and nonprofits
Living Cities’ Blended Catalyst Fund (BCF) announces a $2 million commitment to Advance, a regional, inclusive place-based fund managed by impact investment firm Mission Driven Finance.
Mission Driven Finance selected as an ImpactAssets 50 2021 Emerging Impact Manager
Mission Driven Finance has been named as an Emerging Impact Manager in ImpactAssets’ IA 50 2021, the first publicly available database that provides a gateway into the world of impact investing for investors and their financial advisors, offering an easy way to identify experienced impact investment firms and explore the landscape of potential investment options.
Our fund is a “myth-buster and courageous innovation”
We are proud to be a part of Integrated Capital Investing’s The Transformative 25 List, funds that are transforming finance for people and the planet.
Impact investing and anti-racism: From contemplation to action
We were honored to speak with Shereen Daniels of HR rewired about our journey to being an anti-racist company.
Impact investing deep dive — How to generate impact across different asset classes
Impact investing is often misunderstood. Is it a subset of investing or philanthropy? Come learn about how to incorporate impact investing into your investment strategy, and explore possible career paths in the impacting investing space.
How Lauren Grattan thinks about risk
Shoutout Socal recently checked in with our Co-founder and Chief Community Officer Lauren Grattan in its local stories series and asked her how she thinks about risk.
Community Finance Fellowship showcase
Hear directly from the 2020 cohort fellows— Andrew Moncada, Essence Rodriguez, Louise Jordan, Crystal Sevilla, and Benson Ochira—about their career goals and their experiences thus far changing the face and flow of finance.
San Diego Foundation Sends First $1.5 Million To Nonprofits Hit By COVID-19 [KPBS]
The first $1.5 million in loans from The San Diego Foundation’s small business and nonprofit program have gone out to eight local organizations, the foundation announced Tuesday, part of a $5 million fund for organizations impacted by COVID-19.
First $1.5M deployed to San Diego County nonprofits hit by COVID-19
San Diego-based impact investment fund manager Mission Driven Finance has deployed $1.5M in loans to San Diego County nonprofits that have been impacted by COVID-19, thanks to $5M in seed funding from The San Diego Foundation as part of the San Diego County COVID-19 Small Business & Nonprofit Loan Program.
San Diego County expands small business loan program to include businesses in cities [The San Diego Union-Tribune]
“San Diego County supervisors unanimously agreed Tuesday to expand the county’s $5 million small business loan COVID relief program regionwide to small businesses operating in cities,” The San Diego Union-Tribune reports.
Real estate for early care & education: A promising venture
We’re honored to share that David—along with early care and education expert Laura Kohn and community finance fellow Essence Rodriguez—has joined the 2020 cohort of the Promising Ventures Fellowship to explore using real estate and finance to improve access to quality early child care.
Blended capital for immigration bonds: Introducing the Freedom100 Fund
Recently, our Co-founder and Chief Community Officer Lauren Grattan, and Freedom for Immigrants Co-founder and Co-executive Director Christina Mansfield spoke with Morgan Simon of Candide Group in Forbes.com to discuss why they launched the Freedom100 Fund—and how it’s a vital tool for investors and activists to join the fight for immigrant freedom.
Our commitments to being anti-racist
As a financial services firm, we must address long-held racist beliefs in the world of finance and commit to doing better. Here’s how we are working on it.
I am a White man. I must do more to fight systemic racism.
The best anti-racism advice I’ve gotten so far is from my teammate Louise Jordan: Whatever we do, we have to stop recreating the same narrative. Unfortunately, many of the actions we White people take end up reinforcing existing power dynamics and telling the same, false story—that Black people and people of color have inherent risk and problems and that White people must “save” them from themselves.
Community Finance Fellowship: Learning to use finance as a tool for change in a time of action
The inaugural cohort of Community Finance Fellows—Louise Jordan, Andrew Moncada, Benson Ochira, Essence Rodriguez, Crystal Sevilla— impress and inspire us every day and it’s not fair to keep their wisdom to ourselves. So we invited them to share their thoughts on how finance can invoke true racial and economic justice. The fellows’ perspectives and lived experiences give us invaluable insight into how we can use finance as a tool for real impact.
Building a new, more equitable normal for small business and nonprofits
The COVID-19 pandemic has highlighted and exacerbated the effects of centuries of racist policies. If we don’t act fast, this crisis will rob our communities of vibrancy, diversity, and strength for many generations to come. The current global recognition of the deep roots of racism reinforces how critical it is to use all the tools in one’s toolbox to advance racial justice. As such, finance can and should be used as a tool for change in advancing economic and health equity in our communities. Together, we can turn the tide.
Fighting for immigrant rights during COVID-19
During times of crisis, it’s even more critical to uphold our values and stand up for those who are denied the right to stand up for themselves. Join our fight for immigrant rights by joining the Freedom100 Circle, a one-year commitment where members engage with Freedom for Immigrants and Mission Driven Finance to launch and grow our Freedom100 Bond Fund, while educating the public about the U.S. immigration detention system and community-based alternatives to detention.