When Capital Good Fund launched the DoubleGreen Solar loan, in Fall 2021, the Federal Funds Rate (FFR) was near-zero, and we priced the product accordingly: by charging borrowers an APR of 3.099% – 4.99%, we could provide a return of […]
I’m presently with my family in Oahu, Hawaii, to celebrate my dad’s 80th birthday. In the spirit of this being a big blowout celebration, my dad upgraded us to first-class for the five-hour flight here from Los Angeles. At first, […]
In 2019, 181 CEOs of member-companies of the Business Roundtable announced that the purpose of a corporation must now be defined as delivering value to all stakeholders, including employees, communities, and the environment. Pitched as a dramatic redefinition of the […]
In the face of bad headlines–wildfires, the Delta variant, the Gulf Stream on the verge of collapse–I double-down on productive actions I can take: calling elected officials, donating, and finding ways to use Capital Good Fund as a better and […]
One of the primary things I’ve learned over the past twelve years working in the nonprofit space is that, first, we know how to solve many of the challenges we face–climate change, poverty, you name it. And second, that we […]
When I started Capital Good Fund, in February of 2009, together with Mollie West and with the guidance of Alan Harlam, I was woefully unprepared for running a nonprofit financial institution. At the time, I was 24 and had precisely […]
After another week of mass shootings and police murder of unarmed Black men and boys; of despicable voter suppression laws; of political cowardice; and of corporate doublespeak, I’ve had it. For how much longer are we going to pretend that […]
Capital Good Fund’s role is not to prove that one can do well and do good. No, we are here to prove that one can do good, provided what many called an “integrated capital” approach: a mix of grants, low-interest debt, loan guarantees, and good public policy.
I am a wealthy god who cares about the poor.
I’ve built them shopping malls to worship me,
paid for stained-glass windows to let in a little light
filtered in my image, crafted search engines to ask
for things I am too wise to give away:
Celebrating the birthday of a nonprofit you founded doesn’t have the same nostalgia-soaked feeling as your own birthday: rather than the bittersweet recollections of childhood, this celebration has the bracing feel of adulthood.