REDF has invested millions of dollars in 147 social enterprises that have employed 31,400 people nationally.
As businesses, these social enterprises have earned $603 million in revenue (and counting) to sustain and scale their operations.
People's average monthly income from wages increases 268% one year after starting the social enterprise job.
Stories of Transformation
Key to REDF’s venture philanthropy approach is measuring impact. We’re proud of these results, and our commitment to evidence-backed funding decisions. Beyond the numbers are the inspiring stories of transformation. Stories of people who have reunited with their families, gone back to school, conquered addictions, progressed in their careers, and dramatically changed the trajectory of their lives. It’s an impact so profound, that many people who go through a social enterprise program dedicate themselves to helping others. That’s the “ripple effect” of social enterprise.
When people work, we leverage all of the talent available to our country. Families and communities are stronger—and so is our society.
That's why "a job is so much more than a paycheck."
View recent case studies from some of the social enterprises in our portfolio: Goodwill Silicon Valley, Center for Employment Opportunities, Chrysalis, Community Housing Partnership, Women's Bean Project, Farestart, and Cara.
Recent videos that tell some of these inspiring stories are below.