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GreenLight Fund

2/18/2016 |

The Barra grant helped launch GreenLight Fund, which is based in Boston, in Philadelphia. GreenLight identifies its community’s most persistent social problems and then finds the best national solutions to help solve that problem locally. With the support of community partners, GreenLight then makes strategic investments to speed that solution’s expansion.

Update: GreenLight began its work in Philadelphia by building a 30-member Selection Advisory Council which helps GreenLight identify social problems that are persistent and underinvested in locally. Work had just begun when GreenLight learned it had been selected to receive a $2 million Social Impact Fund grant from the Corporation for National and Community Service, allowing GreenLight to significantly increase its investments. After a national RFP process and months of due diligence, in 2013 GreenLight selected two models to expand to Philadelphia: Year Up and Single Stop USA.

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