221 Main Street, Suite 1550
San Francisco, CA 94105
Using the practices of venture philanthropy, REDF creates job opportunities for those who are most disconnected from the workforce.
REDF employs a social venture capital approach to working with a portfolio of nonprofit organizations in the Bay Area that run a number of businesses which in turn employ very low-income, homeless and disabled individuals.These businesses have employed over 3,500 people since 1997. REDF assists its portfolio organizations in a variety of ways, most notably by providing funding for organizational infrastructure, access to additional funds for capital expenses, strategic business assistance, MBA talent, social outcome measurement and technological tools and training.
About Our Grants
The Foundation’s 2012 grant of $167,000 is the second installment of a three-year $500,000 commitment for REDF’s continued efforts to create workforce opportunities for homeless, low-income and other individuals facing high barriers to employment. This commitment also builds upon REDF’s 2010 Social Innovation Fund grant to expand REDF’s operations throughout California.