Based in Los Angeles, SP Investment Fund LLC invests in and rehabilitates government subsidized apartment communities. In addition, since 2014, SP Investment Fund has made investments in a variety of emerging technology companies that make a positive social impact. Some of these technology investments have received grants from governmental organizations and/or nonprofit organizations like the Bill & Melinda Gates Foundation.
Founded in 2000, the Bill & Melinda Gates Foundation is a charitable group that focuses on four primary goals, including:
1. Improvement of K-12 education. Investments in innovation allow the foundation to promote the advancement of programs for students in kindergarten through the 12th grade.
2. Better access to nutrition. The foundation believes that nutrition has been an overlooked aspect of the fight for global health and development, and predominantly aims to combat starvation and malnourishment for women and children in developing countries.
3. Health care for newborns, children, and women. To further protect women and children, the foundation focuses on providing tools and technologies that lower rates of infant and maternal mortality around the world.
4. Creating healthy families in Washington State. The foundation is invested in specifically improving the lives of people living in the State of Washington, the state in which the organization operates. The measures the group takes to promote healthier families include investing in better education, reducing homelessness, and generating more social support for vulnerable families.
