Sorenson Impact Foundation

We are delighted to announce that Eliza Golden Roady has joined @Sorenson Impact Foundation as Managing Director. Eliza will lead the investment strategy and asset management for the Foundation’s program-related investment (PRI) portfolio, which is focused on achieving outsized impact and advancing innovation for low-income populations across areas including healthcare, education, financial inclusion, workforce development, and clean energy.   The Foundation’s Executive Director, Lindsay Zizumbo said: “Eliza Golden Roady brings a long-tenured, diverse career in impact investing along with an impressive legal background that will play an integral role in helping the Foundation identify new ways to move more capital towards high-impact investment opportunities that can scale. We are thrilled to have her join the Foundation and anticipate with her leadership that we will maximize the impact of the capital we deploy and further drive global systems change.”   In her new role with the Foundation, Eliza will be developing the investment and portfolio management strategy for the Foundation’s PRI portfolio, continuing the Foundation’s commitment to backing high-impact early-stage businesses while also building a strategy to deploy PRI capital in ways that create leverage and advance the Foundation’s goals to continuously drive innovation within the impact investing space.   Link to announcement: https://lnkd.in/gUtx5Gat   #systemschange #impactinvesting #innovation

We are thrilled to share the Sorenson Impact Foundation's 2023 #ImpactReport! As one of the few 100% mission-aligned foundations in the U.S., we aim to be a beacon for other institutions, demonstrating how capital markets can achieve exceptional impact outcomes alongside compelling financial returns. Through 2023, the Foundation’s portfolio companies have positively impacted the lives of over 1.7 billion people around the world by increasing access to necessities needed to survive and thrive, including healthcare, education, clean water and energy, food, jobs, financial and social services, and safety. Over the past year, our Mission-Related Investment portfolio has helped create or support over 1.8 million jobs, reached 820 million students, preserved over 299,000 #affordablehousing units, brought 59 million users online through financial and digital inclusion, avoided the production of 407 million metric tons of carbon, and unlocked over $5 billion in #sustainableinvestments. We are honored to be at the forefront of mobilizing capital for impact, and we know that our work is far from over. Dive into our 2023 Impact Report and join us in our mission to create scalable solutions for a better world. https://lnkd.in/g9jukmES

We’re excited to announce the launch of our 2024 Grant and Program Related Investments initiative: Empowering Ownership: Catalyzing Capital for Inclusive Economic Participation! In 2024, we’re doubling down on closing the wealth gap by fostering #economicempowerment through ownership opportunities. The Sorenson Impact Foundation is looking to support 5-8 innovative projects, totaling up to $2M, through organizations that provide the investor community with the tools and capital needed to drive effective #ownershipeconomy solutions. Our focus areas include: ·      Employee Ownership: Initiatives promoting broad-based employee ownership to address income inequality and empower workers. ·      Home Ownership: Programs increasing access to homeownership, especially for lower- and middle-income families. ·      Community Ownership: Projects fostering collective ownership and control within communities to preserve affordability and build wealth. 📅 RFP Submission Period: May 13 - July 12, 2024 📅 To apply or learn more about our focus areas and application process, visit our page at the link below. https://lnkd.in/g3C4rnW4

Excited to share this article from @Inside Philanthropy about the ongoing journey of @Sorenson Impact Foundation!   I'm proud to be part of the team that’s committed to creating tangible, lasting impact. Rooted in a legacy of entrepreneurship and philanthropy, the Foundation has expanded dynamically — our focus on both nonprofit and for-profit projects reflects a holistic approach to addressing societal challenges. From empowering underserved communities to advancing the #ownershipeconomy, our 2024 grants signal a bold step forward. With a vision for 100% mission alignment, we're not just investing capital; we're building sustainable ecosystems for meaningful change.   Check out the article to learn more about our mission and how the Foundation has evolved over the past twelve years.   https://lnkd.in/gadng8cZ

Excited to share that our PRI portfolio company Rasa has received a $150K grant from American Heart Association Social Impact Funds to support criminal record clearance and expungement efforts. "Support from the Association’s Social Impact Funds will enable Rasa Legal to develop a new partnership platform, facilitating collaboration with employers, non-profit organizations, and government agencies. This platform will provide easy access to resources and financial support, empowering more individuals to pursue criminal record clearance and unlock opportunities for personal and professional growth." #catalyticcapital #impactinvestment #philanthropy

Access to quality teacher education and training is a significant and growing challenge worldwide. By 2030, 1.5 million teachers will retire in Africa increasing the current teacher shortage to about 15 million teachers. Instill Education  aims to address this challenges by providing practical solutions to upskill and retain educators in Africa, and we are thrilled to announce our investment to supoprt the company's growth.