What is Social Enterprise?

A non-profit or for-profit venture in which the economic activity is a means toward creating significant social or ecological impact. A social enterprise views its values as central to all aspects of its work, and is committed to holding itself accountable in pursuit of its mission.  Social enterprises are driven not only by what they can accomplish, but also how they accomplish it.  Social enterprises practice transparency in all matters of governance, business practices, and financial and human sustainability consistent with RSF’s purpose and values.

How Does RSF Support Social Enterprise?

Loans

The Social Enterprise Lending program provides mortgage loans, construction loans, equipment loans, and working capital lines of credit to qualified for-profits and non-profits. Loans range from $200,000 to $5 million.

Grants

The Seed Fund provides small grants to seed new initiatives that further the field of social finance or address issues in one of our three focus areas.

Featured Social Enterprises

Click on the photos below to learn more about some of the enterprises we support.

DC Central Kitchen

DC Central Kitchen is America’s leader in reducing hunger with recycled food, training unemployed adults for culinary careers, serving healthy school meals, and rebuilding urban food systems through social enterprise. Since its founding in 1989, DC Central Kitchen has trained and employed at-risk adults to prepare and deliver over 25 million meals to underserved populations. RSF financing will support upgrades to the organization’s fleet of delivery vehicles. www.dccentralkitchen.org

Playworks

Playworks is a national non-profit that sends trained, full-time coaches to provide safe, healthy, inclusive play and physical activity for school children. Playworks currently serves more than 130,000 children in 300 low-income schools in 23 cities throughout the country every school day. RSF’s loan will be used to help bridge the gap between school payments, grant receipts, and expense payments, as well as to support the organization through its expansion. www.playworks.org

Creative Action

Creative Action, in Austin, is central Texas’ largest provider of afterschool programming, arts enrichment and character education. RSF made a Seed Fund grant to support Color Squad, a teen program that will teach youth how to design and construct public murals. Color Squad will work under the guidance of a Creative Action teaching artist to identify how a historically underserved neighborhood could benefit from beautification and placemaking.

 

  • Printed from http://rsfsocialfinance.org/services/entrepreneurs/overview/