Elevance Health Foundation, the philanthropic arm of Elevance Health, is launching a new impact investing program to provide loans to small businesses, social enterprises, and entrepreneurs that support health equity in under-resourced communities.
![Elevance Health Foundation Announces $10 Million to Launch New Impact Investing Initiative](https://www.missiondrivenfinance.com/wp-content/uploads/2024/05/Elevance-Health-FoundationxMDF-1080x675.jpg)
Elevance Health Foundation, the philanthropic arm of Elevance Health, is launching a new impact investing program to provide loans to small businesses, social enterprises, and entrepreneurs that support health equity in under-resourced communities.
We sat down with our Chief Legal Officer Joe Pileri to learn about fund basics and what a fund is in the context of impact investing and Mission Driven Finance.
This quarter marks a huge milestone in Mission Driven Finance’s history—we have now flowed over $50 million in “assets into community” (AIC) across more than 100 loan transactions!
Our team is celebrating a huge milestone: We’ve flowed over $50 million in assets into the community as of July 31, 2022!
No summer slowdown here, we are seeing tons of activity across our various funds.
The Mission Driven Finance team traveled throughout the United States to raise awareness of the Regenerative Harvest Strategy.
We’re welcoming summer, (safe) gathering, and new fund launches with our partners—and still mourning that the long battles against COVID-19 and systemic bias continue.
Our distributed team got together in real life in San Diego for a team retreat to connect with each other and our mission.
Reflecting on Memorial Day and the second anniversary of George Floyd’s murder, it’s easy to feel like we’re treading water as a society. But we believe in the power of freedom dreams and radical imagination to continue building a future that works for all.
The San Diego Workforce Partnership highlights Mission Driven Finance in their partner profile series. See how workforce development matters in our work.
Food entrepreneurs and investors gathered for educational workshops and live investment presentations to catalyze funding for food ventures at this year’s Food Funded summit.
Hilltop Crossing, a new development in San Diego, not only creates middle-income housing but also engages diverse subcontractors and includes energy-efficient features.
Missed the Regenerative Harvest Fund info session? See the recording and slides here.
Mission Driven Finance and Next Street are partnering with Starbucks to advance racial equity and environmental resilience.
Reflecting on Memorial Day and the second anniversary of George Floyd’s murder, it’s easy to feel like we’re treading water as a society. But we believe in the power of freedom dreams and radical imagination to continue building a future that works for all.
Mission Driven Finance is growing and we are welcoming 5 new hires and 4 internal promotions. Celebrate the growth with us!
Meet the people doing the most exciting, elegant work today in easing the financial way for caregivers and expanding economic opportunity for the historically marginalized.
It’s official—the San Diego County COVID-19 Small Business and Nonprofit Loan Program (SBNLP) has successfully disbursed $5.2M to nonprofits in San Diego County impacted by COVID-19.
After two years of being selected for the ImpactAssets IA 50 Emerging Impact Manager list (in 2020 and 2021—an honor in itself!), this year we moved to the big kids’ table on the IA 50 Fund Manager list as we surpassed three years of track record and $25M in assets under management.