The Global Good Fund
What if there were an organization that helped young social entrepreneurs reach their full leadership potential while solving complex global social problems?
Meet The Global Good Fund and co-founder and CEO Carrie Rich. In 2012, the then-health care executive launched the organization, with a $100 check from her boss. Today, hundreds of entrepreneurs apply each year to get into the D.C.-based nonprofit’s program, which helps participants through mentorship from leading experts, personal development and targeted investment.
And The Global Good Fund has its eyes on creating an impact fund that could grow to tens of millions of dollars.
Rich estimates the fund has created more than 300 direct jobs and tens of thousands of indirect jobs. And along the way, these social entrepreneurs have launched endeavors to fight hunger, provide services for the homeless and the elderly and create jobs.
“I practice the philosophy that embraces leadership as the most effective vehicle for addressing society’s complex social challenges and achieving global good,” Rich says.
After getting her master’s from Georgetown University in health systems administration, Rich worked at Perkins + Will and for Inova Health Systems. Today, in addition to her work with The Global Good Fund, she is mentor in residence at George Washington University. She sits on several nonprofit boards and was named the 2016 EY Entrepeneur of the Year.
“I’ve created a culture where colleagues genuinely appreciate their jobs and fulfill their own potential while helping other people achieve their full potential,” Rich says.