|
Approach
REDF invests in early stage nonprofit social enterprises that help alleviate chronic poverty and homelessness.
We strengthen our financial investment in nonprofits by providing guidance and leadership.
Social enterprises and other nonprofit initiatives funded by REDF create jobs for people who face barriers to employment, such as homelessness, a criminal history, or coming from low-income communities that offer few opportunities.
These social enterprises do two things: employ people who need jobs and return revenue to these innovative programs. Employees receive both jobs and life-skills training. REDF assists its portfolio organizations in a variety of ways, most notably by providing financing for organizational infrastructure, access to additional funds for capital expenses, strategic business development assistance, and access to business networking opportunities, social outcome measurement and technological tools and training.
We also help strengthen hundreds of other organizations and the field of venture philanthropy as a whole through the REDF Academy.
The Academy enables us to reach organizations that may never be in our portfolio, but which, through our lectures, workshops, publications and dialogue can learn what we know about social enterprise.
REDF is educating the next generation of socially minded leaders. Our methodology is taught at some of the most prestigious universities in the world, including the Harvard Business School, Stanford University’s Graduate School of Business and the London Business School.
We actively share our best practices to help strengthen the fields of venture philanthropy and social enterprise.
We carefully track the social outcomes of these initiatives and the financial results to gauge the effectiveness of our investment just as an investor in a for-profit enterprise would.
REDF pioneered and freely shares many of the tools nonprofits use around the world to gauge the impact of their investments.
|