Updated on February 28, 2023
There are many ways to partner with Community Vision as an investor. Consider our work with the Stupski Foundation, for example.
Thanks in part to philanthropic support from the Stupski Foundation for our Catalytic Capital programs, Community Vision launched the Bay Area Racial Equity Fund (BayREF) in 2021. BayREF, a joint initiative with American Nonprofits and Nonprofit Finance Fund, provided $2 million in 0%, no-fee, no-collateral loans to Black, Indigenous, and People of Color (BIPOC)-led nonprofits in the Bay Area.
Program grants for BayREF supported the administration of the fund, while Community Vision’s loan fund—in which the Stupski Foundation also invests—provided the loan capital. The California Endowment and Silicon Valley Community Foundation provided additional program grants to Catalytic Capital for BayREF.
Similar to how we have partnered with the Stupski Foundation, Community Vision works with a variety of organizations to help them strategically move capital into communities. Learn more about our current opportunities with Catalytic Capital.
We’re excited to share a new quarterly feature, Investor Spotlights. In this edition, we’re proud to announce a new partner, the Stupski Foundation, who recently invested $1.5 million in Community Vision.
The Stupski Foundation is spending down all of its assets within the next 9 years to make the greatest possible change in the communities it calls home, the Bay Area and Hawaiʻi. Stupski collaborates with community partners to address systemic barriers that leave out people of color and individuals from low-income backgrounds from opportunities by focusing on early brain development, food security, postsecondary success, and end of life care.
“When we decided to begin our social impact investing journey at the Stupski Foundation, partnering with Community Vision was an easy choice. Working with them allows us to use our investments to realize our shared goal – to ensure everyone can benefit from the wealth of opportunities and resources in the places we call home.”
– Karie Dewan, CFO, Stupski Foundation
With the support of our community of investors, we work alongside nonprofits, small businesses, and social enterprises, proactively seeking first-hand understanding and solutions to the myriad of issues they face—particularly in historically under-resourced communities of color, offering strategic investment and guidance on their path towards economic equity.
If you or your organization are interested in investing or would like to learn more about our revolving loan fund, please reach out to Eddy Lopez, Jr., Investor Relations Associate at elopez@communityvisionca.org.
