Impact Investing
Accessible and affordable financing is available to small businesses or nonprofits working to improve health-related social needs in under-resourced communities.
Overview
Thanks to partnerships with Mission Driven Finance® and Acces CDFI, Elevance Health Foundation is able to provide funding to empower organizations that are making a difference through hyper-local, innovative solutions that support mental health, individuals with disabilities or health challenges, housing, food, transportation, access to care, and other social health factors.
We are particularly interested entities that serve people of color, women, and low-to-moderate-income individuals, or that employ a workforce largely comprising individuals from these communities.
Criteria
Region
We are currently serving organizations in:
- California
- Georgia
- Indiana
- Missouri
- Nevada
- Texas
Focus
We are supporting organizations that:
Support individuals with physical disabilities or health challenges. You provide essential products or services to those managing physical disabilities or chronic conditions such as diabetes, heart disease, cancer, maternal/child health issues, or physical issues related to aging.
Address behavioral or mental health needs. You offer direct support for individuals facing behavioral or mental health challenges, including care for substance abuse, depression, anxiety, and social isolation, or age-related mental health concerns
Tackle societal factors impacting health outcomes. You provide access to nutritious food, language translation services, racial justice initiatives, immigrant advocacy, or other programs that help individuals understand and navigate health information to make informed decisions.
Funding
Loans are available from $100,000—$500,000 with terms of one-to-five years. The interest rate is prime minus 1%.
Applicants are not required to give a credit score or offer a personal guarantee. There is no prepayment penalty. Islamic financing is available.
Learn more about Impact Investing: