RSF Social Finance Announces a Loan to the Summerfield Waldorf School & Farm
Aug 19, 2011 2:52 PM ET
(3BL Media / theCSRfeed) August 19, 2011 - RSF Social Finance (RSF), a non-profit financial services organization providing capital to non-profit and for-profit social enterprises, announced today that it has made a loan to the Summerfield Waldorf School & Farm (SWSF).
RSF Social Finance has a long-standing relationship with the school. SWSF has had three previous loans from RSF which were used to finance the construction of the high school building and the performing arts hall. “Summerfield is one of our big success stories,” says Ted Levinson, RSF Senior Lending Manager. “ RSF was pretty small when we made our first loan to Summerfield. It’s amazing to see how much both organizations have grown since then and it’s gratifying to be able to continue to support Summerfield’s expansion.” The Summerfield Waldorf School & Farm was founded in 1974 by a small group of parents convinced that they wanted a Waldorf education for their children. What began as a program for eleven children has now grown to serve 385 full-time students from early childhood through high school. SWSF offers students an educational experience designed to support the development of their cognitive, emotional, and intentional abilities and prepares them to meet new challenges in a creative and responsible manner. The school is accredited by the Association of Waldorf Schools of North America (AWSNA) and the Western Association of Schools and Colleges (WASC). In 1980, the school purchased its current 32-acre property in rural Sonoma County. Today the campus includes a biodynamic farm and a wildlife preserve. Funds from this loan will be used to finance several campus infrastructure projects including increased and safer parking, and ADA related hardscaping improvements. About RSF Social Finance Located in San Francisco, CA, RSF Social Finance (RSF) is a non-profit financial services organization dedicated to transforming the way the world works with money. Since 1984 the organization has made over $230 million in loans throughout the U.S. and Canada to non-profit and for-profit social enterprises. The funds for this loan have been provided by the RSF Social Investment Fund (SIF). SIF capital comes from 1000+ individuals who have invested $1,000 or more in the organization's Social Investment Fund. Investors earn a competitive return on their money comparable to a certificate of deposit while their funds are deployed to social enterprises working in the areas of Food & Agriculture, Education & the Arts and Ecological Stewardship. RSF16269