i2 2018: The Final Five

Five Finalists Vying for $1 Million Innovation Initiative (i2) Award from Alliance Healthcare Foundation

i2 2018: The Final Five

Five Finalists Vying for $1 Million Innovation Initiative (i2) Award from Alliance Healthcare Foundation

  • Finalists will compete at the annual AHF Pitchfest in July 2018.
  • i2 spurring social innovation in San Diego and Imperial Counties.
  • Alliance Healthcare Foundation’s i2 is a much-needed model of venture philanthropy.

June 19, 2018, San Diego, CA—Alliance Healthcare Foundation (AHF), a San Diego-based foundation working to advance health and wellness for those in need in San Diego and Imperial counties, announced today the five local organizations selected as finalists for the AHF 2018 $1 Million Innovation Initiative (i2) Funding. They are:

The winning organization and innovation project details will be announced in late summer 2018, following the annual AHF Pitchfest on July 27. Each proposal was designed to communicate how the participating organization’s proposed innovation project would alter the health and wellness status quo in a meaningful way to achieve a triple aim — improve quality, increase access, and lower costs.

Elizabeth Dreicer, Interim Executive Director
Elizabeth Dreicer, Interim Executive Director

“This year, we received almost two times the number of applications from last year. Narrowing these applications to five finalists was challenging,” noted AHF Interim Executive Director Elizabeth Dreicer. “With our i2 program, a form of innovation venture philanthropy, we are making available $1 million to underwrite efforts to meaningfully change the existing health and wellness paradigm. Importantly, AHF invests knowing that innovation often involves high risk to have the potential of high rewards — in service of advancing community wellness.”

Nick Macchione, Director of the County of San Diego Health and Human Services Agency
Nick Macchione, Director of the County of San Diego Health and Human Services Agency

According to Nick Macchione, director of the County of San Diego Health and Human Services Agency, “Alliance Healthcare Foundation’s i2 innovation initiative demonstrates both insight and courage to do something in the present for the betterment of the future.” Macchione adds: “The unique opportunity with this type of innovation philanthropy is that it can support nascent ideas and deploy the money, time and effort in service of improving lives.”

Already in its eighth year, i2 funds innovative social sector and social enterprise organizations and leaders that are working to make radical progress in improving the region’s health.

Dr. Joe Ramsdell, Interim Board Chair
Dr. Joe Ramsdell, Interim Board Chair

“Each of the five finalists represents promising projects,” said Dr. Joe Ramsdell, interim board chair. “In keeping with the i2 process, we look forward to hearing from the five organizations at the annual AHF Pitchfest to be held on July 27. We anticipate a spirited competition. We also know that whoever is ultimately selected, the selection marks the beginning of many years of work to actually realize the innovation vision.”

About Alliance Healthcare Foundation. Alliance Healthcare Foundation (AHF) is a San Diego-based foundation that works with nonprofit, social enterprises, government and community agencies to advance health and wellness of the most vulnerable — the poor, working poor, children, elderly and the homeless in San Diego and Imperial counties — by providing grants, impact investments, collaboration, advocacy and education.

AHF envisions a San Diego and Imperial County region where equitable health resources lead to universal health and well-being. AHF believes all people have a desire to be well. Wellness is a state of complete physical, mental, spiritual, economic and social well-being and not merely the absence of disease or infirmity. Wellness is personal and is not the same for everyone. Individuals need information and support to make positive choices for a more successful existence.

AHF currently operates a portfolio of five programs: i2 is our innovation initiative, also referred to as “venture philanthropy” — based on the thesis that innovation capital (often high risk, high reward) is needed to transform the current paradigm (high cost and poor outcomes) and improve quality, increase capacity and reduce costs; Mission Support — based on the belief that trusting those closest to our constituents and providing core operating support for great organizations will best advance our mission; Responsive Grants — based on the belief that it is important to be responsive to time-sensitive community needs and opportunities; InvestUp — based on the belief that it is important to actively and strategically be looking for ways to meaningfully advance our mission and that it is worth spending some or all of our corpus — beyond the earnings off of our endowment if we can substantively and with sustainability positively change the dynamics; and, Program Related Investment — also referred to as “impact investment,” based on the thesis that we can activate our investment portfolio to achieve more positive impact.

 

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  • David Palmer August 11, 2018 at 2:31 am

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