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Growth Community Development Funders

26 impact funders on Causeartist invest in community development at the growth stage. This archive helps founders raising growth capital find aligned investors active in Community Development. Open individual profiles for check size, geography, portfolio companies, and application links.

Beneficial State Bank logo
Beneficial State Bank
Bank, CDFI, Debt Finance, Grantmaker
Beneficial State Bank is an FDIC-insured, state-chartered community development financial institution (CDFI) headquartered in Oakland, California, with branches in California, Oregon, and Washington. Kat Taylor and Tom Steyer founded it in 2007 as a triple-bottom-line community bank and donated the capital to Beneficial State Foundation, a nonprofit that is now the majority owner of the bank’s capital. That ownership is the lock: the institution is meant to stay governed in the public interest rather than recapitalize through a conventional holding-company sale. Causeartist indexes it in the funders directory as a CDFI bank and debt provider, not as a venture fund. The product is credit: deposits become loans for affordable housing, nonprofits, small businesses, and environmental projects on the West Coast. CDFI rules require at least 60% of financing to low- and moderate-income or underserved communities; the bank reported that 100% of its 2025 loan portfolio upheld that community-development mandate. It will not lend to fossil fuels, private prisons, or weapons manufacturing, industries it calls “contra mission.” It has been a Certified B Corporation since 2012 (B Lab directory; the bank’s certifications page also cites 2013), is Fossil Free Certified, belongs to the Global Alliance for Banking on Values, and describes itself as the only unionized community bank in the U.S. As of year-end 2025 it reported $1.98 billion in assets, $1.67 billion in deposits, $1.47 billion in outstanding loans, and 15.4% net loan growth. Those figures are company-reported from the 2025 Impact Report, not an independent audit.
Built EnvironmentCommunity DevelopmentImpact Finance
BESTSELLER Foundation logo
BESTSELLER Foundation
Foundation, Corporate, Impact Fund, Grantmaker
BESTSELLER Foundation is a Danish commercial foundation established in 2015. It is funded by BESTSELLER, the family-owned fashion company, but operates as a separate legal entity from both BESTSELLER A/S and HEARTLAND A/S. The foundation's current strategy focuses on expanding economic opportunity for women, particularly their ability to create, work, and own. Its work is organized around three areas: Creative industries, including fashion, craft, music, and the arts Future of work, including reskilling, childcare, and workforce participation Ownership, including assets, businesses, income, and financial decision-making BESTSELLER Foundation uses both donations and impact investments and describes itself as a long-term, evergreen investor. Over its first 10 years, it reports making more than 25 impact investments and 100 donations across 25 countries. Its geographic focus includes South Asia, especially Bangladesh, as well as Sub-Saharan Africa and Europe. Current and recent partnerships have supported women artisans, small businesses, workforce participation, water resilience, and recovery efforts following major disruptions. The foundation's legal purpose is broader than its current public strategy. Its statutory mandate includes humanitarian work, poverty reduction, entrepreneurship, agriculture, and nature conservation. Earlier investment strategies also placed significant emphasis on circular economy and climate technology. Financial Snapshot At the end of 2024, the foundation reported: - DKK 109.7 million in total assets - DKK 85.9 million in equity - DKK 88.4 million in long-term investments - Approximately DKK 20 million distributed during the year - Approximately DKK 18 million invested during the year BESTSELLER's board also approved a preliminary DKK 250 million commitment for the foundation's 2024 to 2029 strategy. This represents committed future support, not capital already deployed. The foundation does not publish a standard grant size, investment check range, or formal scored application process. Potential partners can contact the team through its website.
Community DevelopmentEducationImpact Finance
LeapFrog Investments logo
LeapFrog Investments
Impact Fund
LeapFrog Investments is a private equity firm that focuses on scaling purpose-driven businesses across Asia and Africa to achieve sustainable growth, profitability, and measurable social impact. The firm invests in companies operating primarily in three key sectors: financial services, healthcare, and climate solutions, targeting businesses that serve emerging consumers and low-income populations. LeapFrog operates on a "profit with purpose" model, partnering with business leaders to drive integrated returns that combine financial performance with social impact. Their approach is grounded in a clear theory of change aimed at empowering low-income consumers to become agents of their own transformation, providing them with tools and services to make entrepreneurial leaps out of poverty. The firm provides not just capital but also resources and expertise to help portfolio companies reach emerging consumers at scale with relevant, affordable, and essential services. LeapFrog has established itself as a significant player in the impact investing ecosystem, demonstrating that commercial returns and social impact can be successfully integrated. Their rigorous approach to impact measurement, aligned with UN Sustainable Development Goals, sets industry standards for transparency and accountability in impact investing. The firm's scale of operation, reaching 559 million people through their portfolio companies and supporting 33 million jobs, positions them as a major force in driving inclusive economic growth in emerging markets.
Community DevelopmentHealth & WellnessImpact Finance