David Rodriguez takes his 2 year old son Oliver to the 24th Street Trolley and Transit Station in National City, California to look at the trolleys and buses pass by.
Impact Investments

The Robert Wood Johnson Foundation uses grantmaking, policy change, and impact investing to address barriers to health and wellbeing.

Impact investing expands the Foundation’s toolkit and builds on its decades-long work changing systems and policies to improve health, especially for those facing the greatest obstacles.


RWJF is working to build a Culture of Health where everyone has the opportunity to live a healthier life, including those who face barriers because of who they are, where they live, how much money they have, or the discrimination they face. Poor health disproportionately burdens people who live in places that lack opportunity and investment, creating gaps in health outcomes that are costly and preventable.

To help address this, RWJF has established a $200 million pool for impact investments. Building on a legacy portfolio of about $100M, the Foundation seeks to attract more capital for health and racial equity from co-investment partners such as banks and insurance companies to deepen the impact of its grantmaking and policy change efforts. By channeling capital markets, we aim to bolster a durable system of community investment through intermediaries that are exclusively dedicated to delivering capital and financial services to persons with low incomes and communities of color.

Our Strategies

Current strategies where the Foundation is actively making grants, loans, equity investments, and guarantees are the following:

Advancing Racial Equity

Investment opportunities and partnerships that bend the arc toward racial equity by expanding ownership, promoting quality jobs, and innovating wealth-building for people of color.

Program Directed Investments

Investments that are linked to the Robert Wood Johnson Foundation's specific programmatic priorities (e.g., access to stable, affordable housing).

Community Development Finance System

Investing and partnering with intermediaries that ensure the durability and expansiveness of capital deployment into low-income communities.

Featured Content

Family strolling in the late afternoon in a city park.

Bending the Arc Toward Racial Equity

RWJF is using impact investing to advance racial equity—along with grantmaking, strategic communications, and policy change efforts—so everyone and their children can achieve their best health.
Editor's Pick

Opportunities for Impact Investing to Champion Reproductive Care After Dobbs

The Bridgespan Group shares research results to identify what opportunities exist for timely impact investments in the reproductive field.

Case Studies

Featured Resources

Impact at Work: An Examination of Corporate Impact Investing Strategies and Their Durability

The goal of this report is to examine corporate impact investing, or the leveraging of a corporate’s balance sheet or investment capital to advance positive social, economic and environmental outcomes alongside financial considerations. 

From the Blog

Related Content

Contact Us

RWJF Impact Investments staff:

Kimberlee Cornett
Senior Director, Impact Investments
kcornett@rwjf.org
(609) 627-7686

Elías Enenbach 
Senior Communications Officer, Impact Investments
eenenbach@rwjf.org
(609) 627-7686

Zoila Jennings
Impact Investment Lead
zjennings@rwjf.org
(609) 627-7686

Claire Morduch
Senior Impact Investment Operations Analyst
cmorduch@rwjf.org
(609) 627-7572