Mission
Social Capital Fund is a nonprofit supporting organization that connects social investments with low-income families who lack access to equitable credit and sound financial advice. It provides loan servicing to its supported organization, Capital Good Fund, and raises funds from socially conscious investors to combat predatory lending and promote financial empowerment.
Basic Information
Tax-Exempt
Founded in
2016
EIN
47-4670143
Total Assets
$2.824 million
UN Sustainable Development Goals Supported
This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.
Showing 3 of 4 goals
At a Glance
Invest in Good
Explore opportunities to invest in Social Capital Fund and align your financial portfolio with your values.
Our Impact
Discover how Social Capital Fund empowers families and combats predatory lending.
Why Invest?
Learn about the social impact of your investments and how they change lives.
Impact Stats
15,700
Families Served
Low-Income Families Served
Social Capital Fund has successfully provided financial services to thousands of families.
$48,900,000
Total Amount Financed
Total Financing
Total amount financed to support families in improving their financial conditions.
45,000
Coaching Hours
Hours of Financial Coaching Provided
Total hours of personalized financial coaching offered to families.
Testimonials
"...because I want to change another 17,000 lives."
Barrett Hazeltine
Brown Professor Emeritus
"...because I wanted to make a difference."
Alan Hassenfeld
Former CEO, Hasbro, Inc.
"...because Economic Justice is Economic Security!"
Jenn Steinfeld
Executive Director, Women's Fund of RI
"...to support creative social justice models."
Bill Allen
Professor at Brown University
"...because true “returns” aren’t measured in dollars and cents."
Mark Tracy
Founder, Yulupa, LLC
"...because I believe in financial empowerment for everyone."
Heather Tow-Yick
"...because it's the right thing to do."
Michael Steiner
Community Member
"...because I believe in social change."
María Carranza
Business Support Services Director at CCRI
"...to align my money with my mouth."
Andres Ramirez
Professor at Bryant University
"...because capital needs good."
Mark and Julie Van Noppen
Community Members
Impact Reports
MIP Score (Beta)
The MIP Score is in beta! We'd love any feedback you may have.
The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.
Overall Score
46
36
/100
Program Expense Ratio
98.29%
20
/20
Program Revenue Growth
4.08%
10
/20
Leverage Ratio
3.074
2
/20
Working Capital Ratio
-1.964
2
/20
Fundraising Efficiency
0
2
/20
Latest Filing Data: Form 990
Fiscal Year:2022
Source:Source: Self-reported by organization
Financial Details
Revenue
| Category | Amount | Percentage |
|---|---|---|
| Contributions, Gifts, and Grants | 0 | 0.00% |
| Program Services | 560.2K | 96.95% |
| Investment Income | 17.62K | 3.05% |
| Sales of Non-Inventory Assets | 0 | 0.00% |
| Other Notable Sources | 0 | 0.00% |
| Total Revenue | 577.8K | 100.00% |
