This month, The Holding Co.—incubated by Pivotal Ventures, a Melinda French Gates Company—included Mission Driven Finance and the Care Access Real Estate (CARE) investment trust in their #CareGuild list of 25 innovators redesigning financial caregiving: the embedded finance of our care economy.
According to The Holding Co., collectively, we spend over $648 billion per year on care in the U.S. The average U.S. family caregiver spends over $7K per year of their own money supporting those they love and care for. This sector calls for thoughtful solutions to expensive challenges.
In almost every community in America, child care is hard to find, in part because we aren’t leveraging the entrepreneurial imagination of current providers. Enter: The Mission Driven Finance Care Access Real Estate (CARE) Investment Trust. It is a real estate investment strategy that unlocks the full potential of center- and home-based providers by making it easier to expand and find bigger, safer, more beautiful spaces in which to nurture our nation’s kids.
We are humbled to be included in this list of people “doing the most exciting, elegant work today in easing the financial way for caregivers and expanding economic opportunity for the historically marginalized.” We are honored to work on this tough issue with a phenomenal team and to be included in great company.
The Care Access Real Estate (CARE) Investment Trust—through a real estate investment trust (REIT)—aims to expand affordable quality child care so that working parents have more options for their families.