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Jan29

See the Impact of Your Support! Opportunity Fund's 2018 Annual Report Is Now Available!

Posted on Jan 29, 2019 by Luz Urrutia

2018 Annual Report Header

 

Together, we invested $138,368,488 to close the gap

between dreams and opportunities.

 

2018 Iguanas Burritozilla

 

My first year leading Opportunity Fund was a humbling and exciting journey. We helped drive economic mobility by ensuring that opportunity remains open to those with the determination, but not the resources, to succeed. My thanks go out to you – our inspiring community of clients, donors, investors, Board members, Leadership Council, Advisory Council, and staff. In a time of uncertainty and polarization, it is beyond inspirational to see all of us come together for our communities.

 

This year, we invested $138 million in underserved entrepreneurs and low-income communities and our work provided new opportunities to over 400,000 people. Your support powered these big moments:

 

2018 Highlights Header

 

Alejandra

 

Launched Small Business

Alejandra launched her small business on a credit card with a $1,500 limit. Poised for growth but without access to financing to back her vision, your support enabled Opportunity Fund to offer a loan that helped Alejandra grow her business into a second location last year! 

 

 

Compass Family Services

 

Housing Stability 

Kayla, DeMonte, and their son Khairo, achieved housing stability in 2018. We helped finance the complete renovation of Compass Family Services – the largest provider of support services to homeless families in San Francisco. 

 

 

SB 1235


Truth-in-Lending Law 

You advocated and we helped pass the nation’s first Truth-in-Lending law for small businesses here in California! And we produced original research to catalyze the change. 

 

 

With a growing circle of donors and investors, our resolve to tackle widening income inequality is unshaken; indeed, it is stronger than ever. Opportunity Fund continues to be on strong financial ground. As we grow, our community of supporters grows with us. Thank you for believing in us. I'm looking forward to the road ahead!

 

Visit www.opportunityfund.org/2018 to see everything we accomplished together in the past year. I promise it will leave you inspired for the coming year.

 

With my deepest gratitude,

Luz Urrutia

Luz Urrutia

 

P.S. We will be sharing our 2018 impact results, reviewing Opportunity Fund's financial health, and unveiling a bold new strategic plan at our Impact Meetings in February. If you haven’t already RSVP’d, I hope you can join us. You can find more information and sign up here.

 

2018 Annual Report Postcard

 

 

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