Friendship Bridge’s Post

Chief Impact Officer at Linked Foundation, Anna York De La Cruz, recently co-authored an article for Stanford Social Innovation Review on the longer-term impact of fixed-life foundations, using Friendship Bridge's partnership with the foundation as a prime example. According to the article, while it's rare that private foundations are designed to operate for a limited time period as Linked Foundation does, this model has the potential to generate a much larger social impact that can continue beyond the foundation's existence. Linked Foundation's partnership with Friendship Bridge—which provided funding to launch our Health for Life program nearly a decade ago—supports this theory: [Friendship Bridge] hypothesized that improving clients’ health would increase retention and loan repayment rates enough to fully cover the costs of the program. After successfully expanding to more branches, Linked’s investments with Friendship Bridge achieved 121 percent cost recovery by 2021, and these women are now healthier and more effectively running their businesses. Learn more: https://loom.ly/fP4q-fQ #privatefoundation #socialimpact #fixedlife #friendshipbridge #HealthForLife

The Longer-Term Impact of Fixed-Life Foundations (SSIR)

The Longer-Term Impact of Fixed-Life Foundations (SSIR)

ssir.org

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