ABOUT REDF REDF is the only venture philanthropy organization in the U.S. that invests exclusively in the growth and effectiveness of social enterprises— double bottom-line businesses dedicated to helping people who otherwise would be shut out of the workforce, get jobs, keep jobs, and build a better life. Social enterprises are businesses that sell quality goods and services, make money, and then put that money back into their businesses in order to employ and support more people. Employees of social enterprises are overcoming serious challenges—like homelessness, incarceration, mental health and substance use struggles, and limited education—and are ready and willing to contribute, they just need that first step back into the workforce, and the support, to help them succeed. Since 1997, REDF has provided funding, and specialized advisory services to over 60 social enterprises in California to help them, and the people they employ, succeed. REDF’s work also helps spending for government programs go further. To date, these social enterprises have earned and reinvested in their companies $163 million in revenue while employing over 14,000 people. In addition to transforming lives and strengthening communities, social enterprise investment provides a significant rate of return to society— $2.23 in benefits for every $1 spent. REDF expanded the impact of its work nationally, building the field of social enterprise, deepening the evidence base to demonstrate the return on investment, and partnering with some of the most effective and innovative social enterprises around the country to strengthen their business, scale their impact, and help tens of thousands more people transform their lives and futures. CLICK ON THE IMAGES BELOW TO LEARN MORE ABOUT HOW A JOB CAN TRANSFORM A LIFE. ANTHONY’S STORY
REDF— AN INVESTMENT THAT WORKS
SOCIAL ENTERPRISE ECOSYSTEMS
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= Part of REDF’s national or strategic grants portfolio.
REDF GIFT GUIDE 2016 • 2