National Institute for Medical Assistant Advancement (NIMAA) and Clinica Family Health are proud to celebrate graduates from the Spring 2022 cohort medical assistant training program. All 6 graduates work as medical assistants for Clinica Family Health, supporting communities in south Boulder, Broomfield, and west Adams counties.
From right to left: Julissa Torres (graduate), Jocelyn Calvillo (graduate), Belen Corral (graduate), Norma Quinones (NIMAA Program Coordinator), Amy Loya Pacheco (graduate), Alondra Villa Chavarria (graduate), Ailyn Hernandez (graduate).
We make impact investments that show promise and create partnerships that strive to achieve health equity and bring health in reach for all Coloradans. Impact investments include program-related investments (PRIs) and mission-related investments (MRIs) that strive to create the same impact as our traditional grantmaking and align with our commitment to health and racial equity that supports our mission to improve the health of Coloradans. These financial investments are offered to nonprofits or private-sector companies to support charitable or mission-related activities with financial returns that are below market rate. We make impact investments with the goals that they:
- Scale Innovative Solutions
- Leverage Additional Financial Resources
- Assist Borrowers to Address Inequities
Impact investing, which encompasses PRIs and MRIs, provide capital to organizations with a business or revenue model for financing, sustaining and growing their initiatives. We partner with organizations based here in Colorado and nationally that align with our geographic interest and mission. These types of impacts investments can be structured to help organizations attract new funding from other investors or build a credit record to qualify for commercial financing.
Impact investing includes financing structures commonly associated with banks or other private investors, such as loans, loan guarantees, linked deposits, social impact bonds, subordinated notes, recoverable grants and even equity investments in charitable organizations or commercial ventures for charitable purposes. PRI funding is eventually returned to the Foundation and invested again for new impactful opportunities. Whereas our current MRI efforts exclusively non-cash loan guarantees.
The Foundation has invested more than $128 million into the community through the impact investing portfolio that includes both grants and other financing structures.
For more information, please e-mail Ben L. Bynum, MD, portfolio director, impact investing.