Program Summary:
REDF is a high-impact, hands-on, venture philanthropy and intermediary organization. REDF's business discipline and focus on results drive its efforts to create jobs for those who are most disconnected from the workforce. REDF creates job opportunities through support of social enterprises that help people gain the skills to help themselves.
REDF works with a portfolio of carefully selected nonprofit organizations, providing money and business assistance to support the early stage enterprises that intentionally employ those most disconnected from the workforce. Organizations in REDF's portfolio are chosen through a rigorous due diligence process for a three- to five-year grant period. Over the past decade, REDF-supported social enterprises have employed more than 3,700 people overcoming histories of incarceration, addiction, mental illness, homelessness, chronic poverty and joblessness.
REDF builds bridges between for-profit businesses, nonprofits, socially-focused capital markets and government agencies to create more durable job opportunities and entry points to the workforce, and it proactively shares insights and lessons with publications and tools.
By 2015, REDF aims to establish the social enterprise model as a replicable and sustainable pathway to employment. REDF will demonstrate what can be done throughout the country to create jobs, contribute to local economies and employ thousands of young people and adults who can and want to work, and who need an opportunity to succeed.
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Address:
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221 Main Street, Suite 1550
San Francisco, CA 94105
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