RDF Secures $8 Million Investment to Support the Future of Community Health in California

RDF has been awarded a combined $8 millioninvestment from The California Endowment—including a $1 million grant and a $7million Program-Related Investment—to launch its Pivot Fund in California.

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The Pivot Fund is RDF’s new flexible capitalsolution, designed to strengthen the financial resilience of community-basedorganizations so they can adapt, stabilize, and continue serving theircommunities. It responds to a period of shifting policies and rising costs thatare putting pressure on organizations across sectors—from housing and educationto healthcare and community services—by providing the flexible support neededto stay strong and keep moving forward.

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In California, this work will begin with FederallyQualified Health Centers (FQHCs), trusted community-based providers that servemillions of Californians. These organizations are anchors of stability,delivering culturally and linguistically responsive care while also addressingbroader factors that shape health, including housing, transportation, andeconomic security.

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As healthcare providers face funding uncertainty,workforce shortages, and growing demand, this investment will help ensure thatcritical care remains accessible and consistent.

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“This investment comes at acritical moment for community health providers who are navigating realuncertainty while continuing to show up every day for the people they serve,”said RDF Chief Executive Officer Annie Donovan. “The Pivot Fund is about makingsure they have the stability and flexibility they need to keep going, adapt,and grow—because strong organizations are what make strong communitiespossible.”

Through the Pivot Fund, RDFwill pair flexible, low-cost capital with hands-on support to help theseorganizations stay strong and continue growing. This includes:

• Helping organizationsstrengthen operations and stay financially stable
• Supporting new ideas toexpand services and reach more patients
• Bringing partners together toshare solutions
• Providing low-cost capital tosupport stability and growth

California is home to more than2,200 FQHC sites serving over 5.5 million patients each year, making it one ofthe most important landscapes in the country for expanding access to care.

This approach brings togethergrants and investment to support more organizations over time, extending theimpact to move communities.

At its core, this work reflectsRDF’s mission: unlocking lasting prosperity in communities across America byinvesting in the organizations that make opportunity possible.