Nonprofit Finance Fund Launches AIM Healthy Fund
Nonprofit Finance Fund (NFF) introduced a fund to help community providers of health and human services play their crucial role in achieving better health outcomes.
The AIM Healthy fund launches with $13 million, supported by Blue Shield of California Foundation, the California Community Foundation, The California Endowment, Dignity Health, and The Kresge Foundation.
According to a media release, AIM Healthy loans and lines of credit can, for example, help a recuperative-care nonprofit to add beds that provide a bridge between the hospital and permanent housing combatting homelessness as well as hospital and jail readmissions, or a food-as-medicine nonprofit to partner with a health plan to lower costs and improve outcomes for patients with chronic diseases.
NFF said that AIM Healthy is a new resource targeted precisely at this need in California, where health outcomes innovation is happening across the public and nonprofit sectors. AIM Healthy offers customizable facility loans, loans for growth or expansion, bridge loans, lines of credit, and equipment loans to help organizations bridge gaps in their capacity and infrastructure. These loans are investments that ultimately will yield reduced health disparities and improved health and resilience for low-income individuals and communities.
NFF will work with each borrower to develop and track measurable objectives.
Along with the AIM Healthy capital pool, NFF will offer financial management advice and consulting to select borrowers, and will capture and disseminate learnings about how flexible loan capital can help community organizations to expand health services.
"AIM Healthy builds on NFF's three decades of work in nonprofit finance, applying tried and true product and sector knowledge to frontier work at the intersection of health and human services," said Norah McVeigh, Managing Director of Financing at NFF.
"Nonprofits have a critical role to play in advancing better health outcomes in America's underserved communities," said Antony Bugg-Levine, CEO of NFF. "NFF is proud to invest in and partner with organizations that are dedicated to advancing the social, as well as the clinical, determinants of health."
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THE DAILY VIEW
Tea Forté Introduces ‘Matcha’ Collection
Convenience meets tradition in Tea Forté’s new Ceremonial Matcha Bowl Set and the Matcha Single Steeps.
The company said its spring harvested, shade grown, stone ground, organic matcha tea is best served in a centuries-old Japanese tea ceremony called chanoyu: a preparation technique known for its centering meditative qualities.
"The launch of Tea Forté's Matcha collection represents our continued commitment to wellness and cultivating all the potential mental and physical health benefits of tea," says Tea Forté CEO Michael Gebrael. "In addition to our high quality Pure Matcha, we've also blended four distinct flavored Matcha varieties. Prepackaged in pouches measured out for a single serving, our Single Steeps Matcha is ideal for the office, travel, or to keep with you for a boost anytime."
Tea Forté noted its handcrafted ceremonial tea bowl, handmade bamboo whisk and measuring ladle “encourages serene enjoyment of our premium Kosher, gluten-free and vegan matcha blends.” These include: Pure Matcha, Chocolate Matcha, Coconut Matcha, Ginger Matcha, and Chai Matcha.
According to a release, in addition to its distinctive taste, matcha is prized for its health benefits. Steeped green tea contains only the antioxidants that can be extracted in water, while with matcha, the whole leaf is consumed.
Available now in select stores and online at teaforte.com.
Expedia.com has released a year-end look at U.S. traveler behavior and trends for 2017, analyzing data to identify the most in-demand destinations, hotels, activities and more.
Among other insights, the roundup revealed:
- Labor Day was the busiest weekend for car rental
- Disney Theme Parks topped the list of things to do
- The average hotel stay was two nights
- Top destinations based on 2017 air travel included major global cities like New York, London and Bangkok
- Popular tourist destinations included Orlando, Cancun and Las Vegas