The Reinvestment Fund The HBCU Brilliance Initiative financially supports Historically Black Colleges and Universities (HBCUs). The fund aims to help HBCUs invest in their facilities, financial stability, and long-term growth. The program also seeks to help HBCUs build their networks, policy advocacy, and research to strengthen their relationships with their communities. View Website Amount $3.5 million program-related investment Year 2023 Location Philadelphia, Pennsylvania Program Education, Social Investment Practice Focus Area
beam beam (formerly Edquity) addresses the ongoing issue of students dropping out of college due to a financial emergency of less than $500 by offering the only end-to-end emergency aid platform in the market. It provides colleges and universities a way to increase the retention of their most at-need students by improving the efficacy of emergency cash assistance programs. View Website Amount $2M convertible note Year 2021 Location New York, New York Program Education Focus Area Aligning and Strengthening the UHEE
National Student Clearinghouse This program-related investment loan will allow National Student Clearinghouse to invest in new systems and technological infrastructure, enabling it to enhance current products, add new offerings, reduce costs and increase earned revenue. The National Student Clearinghouse data follow individuals throughout their academic journeys, making it possible to determine student persistence and graduation as students transfer between colleges or accumulate credits at a variety of institutions. View Website Amount $2 million loan Year 2020 Location Herndon, Virginia Program Education, Social Investment Practice Focus Area Institutional Capacity Building for Student Success, Urban Pathways to College
College Forward Geography Served: National Project: Scaling the CoPilot Salesforce Platform This program-related investment will allow the organization to invest deeply in its comprehensive student database, CoPilot, supporting its long-term development, marketing, and sales strategy. With CoPilot, student access and success organizations can input and analyze critical student data to deliver targeted interventions that help to ensure college completion. College Forward’s coaching program offers personalized, near-peer mentoring and a strong support network to guide motivated students to and through college. View Website Amount $600,000 Year 2018 Location Austin, Texas Program Education, Social Investment Practice Focus Area
AGB Institutional Strategies (AGBIS) .This program-related investment will serve as growth capital for AGBIS and increase its ability to strengthen the business models of HBCUs and other public and non-profit postsecondary institutions. AGBIS’ mission is to serve public and independent higher education institutions View Website Amount $1.5 million loan Year 2017 Location Washington, D.C. Program Education, Social Investment Practice Focus Area
Council for Adult and Experiential Learning CAEL provides colleges, universities, businesses, labor organizations and state and local governments with tools and strategies to improve learning opportunities for working adults. An established Kresge Education Program partner, the organization seeks growth capital to invest in the further development and expansion of its services to adult learners and employers. View Website Amount $2 million loan Year 2015 Location Chicago, Illinois Program Education, Social Investment Practice Focus Area