In 2015, Reinvestment Fund provided financing for California’s first Pay for Success (PFS) project. Project Welcome Home in Santa Clara, CA, will provide community-based clinical services and permanent supportive housing for up to 200 chronically homeless individuals. The program brings together the County of Santa Clara, California and Abode Services, a national leader in innovative housing services for homeless persons.Read Story
Reinvestment Fund’s PolicyMap’s President, Maggie McCullough has been named a “2016 Tech Disruptor” by the Philadelphia Business Journal. The award honors the top individuals changing and energizing the Greater Philadelphia technology community. Awardees will be honored at the inaugural banquet on Thursday, April 14, 2016 at the Sheraton Philadelphia Downtown Hotel. McCullough is the founding President of PolicyMap, a business of Reinvestment Fund.
“The concept for PolicyMap grew out of Maggie’s vision for democratizing data and making it easy for decision makers to access reliable data,” shared Robert Keith, Managing Director of TL Ventures. Keith, who served for more than 15 years as a member of Reinvestment Fund’s Board of Directors including time as Chairman, nominated McCullough for the award.Read More
In 2014, the Wells Fargo Regional Foundation engaged Reinvestment Fund and Success Measures at NeighborWorks America to jointly evaluate the impact of its grantmaking and related programs from 2003 to 2013, to determine if practices in its approach could be transferred to other regions, and to assess its influence in the field. The Wells Fargo Regional Foundation has a well-established continuum of grantmaking and technical-assistance programs designed to improve the quality of life for children and families living in low-income communities in eastern Pennsylvania, Delaware, and New Jersey. The evaluation examined lessons from 140 grants, totaling $41.69 million, that enabled hundreds of projects in the region and leveraged $231.5 million in direct and indirect neighborhood investment.