The MÁS Impact Fund, built on over a decade of SAM's vision for sustainable impact, is an independent initiative dedicated to raising and deploying capital to support local and historically underserved entrepreneurs. Committed to long-term impact, innovative philanthropy, and financial responsibility, MÁS invests in the entrepreneurial spirit of marginalized communities to drive sustainable economic growth and lasting change.
2024
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INVESTMENT OF $75,000
MÁS awarded a $75,000 term loan to RxLA, an innovative, for-profit affordable housing development company in Los Angeles. This organization capitalizes on public-private partnership, integrates services into their housing model, and is supported by strong local stakeholders.
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INVESTMENT OF $50,000
MÁS awarded a term loan to New Earth to support their New Earth Digital program expansion and operations. New Earth Digital is an active marketing agency, offering job training, certification, and a paid fellowship in vocational skills such as merchandise design, social media marketing, video production, and more, leading to greater economic mobility.
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INVESTMENT OF $50,000
While MÁS was positioned to support launch of a new microloan product at TMC, term loan capital was instead deployed to TMC’s Small Business Strong - LA Wildfire Relief Fund. This fund offers immediate relief in the form of $5,000 to entrepreneurs whose livelihoods have been impacted by the fires, ensuring no one is left behind on the path to recovery.
What is the MÁS Impact Fund?
A philanthropic vehicle that raises and deploys capital by investing in underserved entrepreneurs in Los Angeles.
How did this come to be?
It has been the long-standing vision of SAM to support entrepreneurship to enable people toward self-sustainability. MÁS builds on SAM’s success, taking it one step further by investing in entrepreneurs and putting them on a path to economic mobility.
How is this important?
Traditional philanthropies don’t support the cycling of capital through communities. MÁS specifically aims to fill this gap to create real social change by stretching beyond just grant giving and traditional donations.
Who is the MÁS Impact Fund?
This Fund is managed by an experienced, passionate team that vets, completes due diligence and make decisions on behalf of its members. We report to our investors on their success and impact. All contributions are tax-deductible.
Why join us?
MÁS is a philanthropic giving model that is highly innovative and promotes sustainability. This fund operates independently from SAM but will augment SAM by providing second stage funding for selected past grant recipients.
Our Team
Mindy Freedman, Founder & Chief Investment Officer
Founder and President of The SAM Initiative, an organization dedicated to fostering social change and enhancing nonprofit sustainability through collective giving.
Hannah Crosby, CoFounder & Director of Investment
Corporate finance at Delta Air Lines and former advisor to The SAM Initiative, an organization dedicated to fostering social change and enhancing nonprofit sustainability through collective giving.
Marsha Olson, Managing Director
Director of Wurwand Foundation and its key initiative, FOUND/LA, which supports local entrepreneurs to help them build their business, purpose, and community.
Michelle Ohayon, Operations Manager
Director of Operations of The SAM Initiative, an organization dedicated to fostering social change and enhancing nonprofit sustainability through collective giving.
To learn MÁS please email Hannah@masimpactfund.org