REDF Announces 2010 Benefit Award Recipients

September 30 Event to Honor Mitchell Kapor and Freada Kapor Klein, Secretary Matthew Cate and Eight Individuals Who Have Made the Successful Transition from Joblessness to Work

San Francisco, CA, September 23, 2010 — REDF will honor Mitchell Kapor and Freada Kapor Klein and Secretary of the California Department of Corrections and Rehabilitation Matthew Cate as inaugural recipients of the 2010 Inno+prise Award at REDF’s 2010 Benefit + Social Enterprise Expo on September 30. In addition, REDF will salute eight individuals who have overcome significant barriers in their lives to find success through employment, as honorees of this year’s Stuart G. Moldaw Step-Up Award.

REDF created the Inno+prise Award to recognize and celebrate individuals and institutions working at the intersection of innovation and enterprise to improve lives and communities impacted by our most challenging social problems. As champions of REDF’s social enterprise model, both the Kapors and Secretary Cate exemplify the leadership and dedication necessary to ensure justice, opportunity and equity for vulnerable and underserved populations throughout our communities.

Through their stewardship of the Mitchell Kapor Foundation, the Kapors have sought to mitigate the dynamics of inequality in low-income communities of color, notably through groundbreaking initiatives that seek to promote green collar jobs or to increase college enrollment among African-American men. The Kapors are also founders of the Level Playing Field Institute, home of education programs for underrepresented students of color and workplace programs on hidden bias. The Institute’s focus is ‘Ensuring Fairness from the Classroom to the Boardroom’.

Appointed by Governor Arnold Schwarzenegger in 2008, Secretary Cate has been a leading advocate for vocational justice programs—those such as Golden State Works, a California-based pilot program that will provide comprehensive employment placement services to recently incarcerated men and women—to reduce recidivism among parolees and ensure a successful transition to a stable, productive life.

The eight recipients of the REDF 2010 Stuart G. Moldaw Step-Up Award are current or former employees of social enterprise organizations supported by REDF, who have made the “step up” from joblessness to work. The award—named for the late Stuart G. Moldaw, one of REDF’s first board members and a visionary businessman known for his philanthropy and community leadership—celebrates such remarkable achievements as overcoming disabilities to gain productive first-time job skills, embarking on a new career path, or demonstrating leadership to help others achieve similar employment success. Says award recipient Janaye Adams, now employed at Luminalt Energy Corporation: “It’s not what you look like or where you come from. [Getting a job] is about what your resume says.”

2010 Benefit + Social Enterprise Expo
In addition to honoring its award recipients, REDF will also celebrate the launch of its California expansion to create jobs and pathways to employment for thousands more people with the greatest barriers to work. The event will be held on Thursday, September 30, 2010 at The Bently Reserve in San Francisco.

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About REDF
REDF is a San Francisco-based high-impact venture philanthropy organization dedicated to transforming lives through the creation of jobs and economic opportunity. REDF provides funding and business assistance to a carefully selected portfolio of nonprofit enterprises that employ young people disconnected from school and work, and adults who are overcoming histories of homelessness, mental illness, addiction, incarceration, chronic poverty and joblessness. Since 1997, REDF has partnered with nonprofits that have pioneered the creation of social enterprise, helping them expand their enterprises, achieve sustainable success, and measure the positive impact of their work on people and communities. REDF has helped employ more than 5,500 people in the San Francisco Bay Area and is supported by the generous contributions of individuals, corporations, and foundations. For more information, visit www.REDF.org.

Media Contact
Vanessa Collins
415-561-6679
vcollins@REDF.org