Zenviba is a pioneer in creating social progress with disruptive technologies. Zenviba changes communities, changes lives and creates opportunities. We believe that an enterprising Fourth Sector is a vital source for sustainable economic growth, a key support vehicle for our most vulnerable and disadvantaged communities, and a critical part of the reform of public services globally. Our hybrid business model enables innovative revenue streams and funding sources, as well as alternative approaches to community revitalization, brownfield mitigation, capacity building and community asset management.
By collaborating with Zenviba, communities, municipalities, CRA's and CDC's are able to leverage their public and private sector funding with private foundation Program Related Investments (PRI) and Mission Related Investments (MRI) and private equity capital to eliminate slum and blight and deliver sustainable economic and community development. Foundations decrease their risks, as we provide scalable and replicable turn-key projects that achieve social transformation and produce multiple bottom line outcomes. This is particularly critical as federal, state and local governments have cut funding to social programs.
We have created a superior public-private platform that meets IRS criteria for PRI's and MRI's and we seek virtuous catalytic capital from foundations and philanthropists. Currently, foundations only fund 20% of their PRI goals for a collective $43 billion annual distribution primarily due to a dearth of quality investment projects that don't jeopardize their charitable foundation status. We craft sustainable solutions that eliminate food deserts; provide affordable housing, information and training, living wage employment; and ensure that new technologies help transform historically blighted areas into vibrant communities.
We view the underserved, not as burdensome mouths to feed but as future innovators, leaders, school teachers, etc. Our unique structure as an international Fourth Sector Social Venture Intermediary, allows for maximum flexibility and the continuous interplay between the sectors to operate as both a private for-profit entity and a public non-profit tax exempt organization to accomplish social missions though pioneering collaboration and the generation of innovative sources of financing and revenue streams. As such, Zenviba offers additional benefits to our social venture partners from each sector.
Our broad mission demands that we collaborate with top-notch experts, dedicated individuals, corporations, governments and philanthropic organizations around the globe that share our passion and desire to change the world. We maintain that there is nothing that we can't achieve when working with a committed group of like-minded individuals and entities in a coordinated effort to effect positive, generational change. Your generous support will allow us to continue to carry out our vital mission. To make a tax-deductible contribution of any size, please click on the purple Make A Contribution button below.