New Resource Bank Completes $13.9 Million Equity Offiering

New Resource Bank, a commercial bank in San Francisco, announced on September 17 that it completed a second equity offering, totaling $13.9 million. The completed stock offering expands the bank’s equity capital base by more than 75%. New Resource Bank is a FDIC insured institution that opened in September 2006 and offers banking services to … Read more

Social Venture Capital Firms and Other Funding Sources for Social Entrepreneurs Highlighted by Inc. Magazine

Do-Gooder Finance (and related sidebar Social Capital) is an article in the February 2008 issue of Inc. that highlights social venture capital firms and banks that support social entrepreneurs.  The article includes information on the experiences of two social entrepreneurs who obtaining funding from these sources — Priya Haji, founder of World of Good, who … Read more