loans

Anthem Blue Cross Foundation, the philanthropic arm of Anthem Blue Cross of California, announced a $300,000 inaugural impact investment loan to Burlingame-based Psyched Services. Facilitated by impact asset manager, Mission Driven Finance, this funding will support Psyched Services as the organization works to provide vital mental health services to 380 schools in California, directly benefiting more than 3,200 children and families across the Golden State.

Elevance Health Foundation, the philanthropic arm of Elevance Health, is launching a new impact investing program to provide loans to small businesses, social enterprises, and entrepreneurs that support health equity in under-resourced communities.