Access Youth Academy makes big progress towards their goals, celebrating Black History & Futures, announcing our selection as an emerging impact manager, and we're hiring!
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Mission Driven Finance
community news | february 2020

Last winter, we coordinated an $800k bridge loan to help Access Youth Academy build a new facility and expand academic mentorship and the sport of squash for underserved youth to succeed in high school, college, and beyond.

This month Access hit a huge milestone in their progress and successfully repaid their loan.

Making the leap from renting to building and owning a facility is always complex, and layering on tax credit financing adds more than a few gray hairs! The Access team worked diligently with many stakeholders, including the City of San Diego who approved a $5.5 million grant to help make the new building a reality. Access' state-of-the-art squash and learning center will provide services to over 1,000 local students—880 more students than its current facility.

If you're wondering how squash changes lives, watch this inspiring episode of the new Apple TV+ show Little America. Based on the true story of an Access alumna, the episode depicts a young woman’s life-changing rise from cleaning houses to national urban squash champion. What they don't tell you is that she went on to earn a Gates scholarship at Columbia University (my alma mater!) and become an investment banking analyst at Goldman Sachs.

Photo courtesy of Access Youth Academy

As we dive further into our work in early childhood education, we’re reminded again and again that investing in children is the single best investment we can make. Access’s investment in bright and talented students progresses all of us towards a happier, more equitable future.

Lauren Grattan
Co-Founder & Director of Community Engagement

Shop these six Black-owned businesses in San Diego and watch our communities thrive 

We love history months, but we also like to look forward to an amazing future heritage. As my Indigenous sisters say, "we're ancestors in training."  This Black History Month, our team rounded up local Black-owned businesses building community so we can all shop our values and shape the economic future we want.
Cafe X: By Any Beans Necessary
Entrepreneurs like Cassandra Schaeg, founder of SIP Wine & Beer, are using business as a force for community. Cassandra sought to make wine and beer simple and fun while supporting women and minorities in the industry by creating a destination to empower, inspire, and exchange knowledge.

Learn about SIP, Cafe X (pictured), Project Reo Collective and more on our blog.

IA 50 2020 Emerging Impact Manager

ImpactAssets 50 Emerging Impact Manager

We're thrilled to be included in the ImpactAssets 50 2020 database as an Emerging Impact Manager, a new classification that feels like home to us.

“As the impact investing field evolves, we can’t lose sight of innovation,” said IA 50 Review Committee Member Julia W. Sze, “The emerging managers we selected have developed strategies in new sectors and geographies, are often led by women and people of color, and add new depth to the impact investment universe.”

Wanted: A person with a passion for making things go smoothly, who dreams in Gantt charts and thrives on a well-organized task list. If that sounds like you or someone you know, our project manager role could be a great fit! Learn more about this full-time, salaried position on our website.

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