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Rudolf Steiner Foundation
Rudolf Steiner Foundation was established in 1936 and has operated since 1984 as RSF Social Finance, a financial intermediary that mobilizes capital toward...
Rudolf Steiner Foundation
Rudolf Steiner Foundation was established in 1936 and has operated since 1984 as RSF Social Finance, a financial intermediary that mobilizes capital toward social enterprises addressing food and agriculture, climate, education, and community development. Jasper van Brakel leads the organization as President and CEO, having previously served as CEO of Weleda North America, the natural cosmetics company founded on Steiner's principles. RSF functions across three primary investment channels: direct enterprise lending, donor-advised funds, and a public-offering note program. The firm deploys capital via Revolving Credit Agreements, receivables financing, and secured loans into early-stage through expansion-stage companies. Confirmed portfolio relationships include Mad Capital, Apothekary, and the Care Access Real Estate fund alongside Mission Driven Finance. RSF also manages a specialized real estate portfolio that spans mixed-use properties such as the David Brower Center in Berkeley and commercial spaces in Harlemville, New York, and Tucson, Arizona, alongside its real-asset fund exposure through Lyme Forest Fund III. With an estimated $114 million in assets under management, RSF operates from San Francisco and participates in the broader impact-investing infrastructure through formal memberships in the Global Impact Investing Network, Mission Investors Exchange, and Toniic. The foundation also convenes philanthropic capital through its Women's Capital Collaborative and accepts cryptocurrency donations via The Giving Block. ImpactAssets has recognized RSF as an Emeritus Impact Manager for its sustained role in the field. RSF's structural distinctiveness lies in its public capital-raising arm. The RSF Social Investment Fund, a registered public-offering note, allows individual and institutional investors — not just the initial endowment — to provide capital that becomes the lending base for social enterprises. This hybrid model places RSF somewhere between a community development financial institution and a private foundation, with a permanent pool of public debt underpinning its deal-by-deal commitment capacity.
General information
Firm type
Endowment / Foundation
Year founded
1936
Location
Region
North America
Country
United States
City
San Francisco
Corporate office
1002 O'Reilly Avenue, San Francisco, CA 94129
Principals
Jasper van Brakel
President and CEO
Mark Finser
Founder and former CEO/Chairman
Sector focus
Frequently asked questions
How does RSF Social Finance actually deploy capital?
RSF uses three primary instruments: direct enterprise loans (often structured as Revolving Credit Agreements or receivables financing), targeted real estate investments through managed funds like Lyme Forest Fund III, and donor-advised fund allocations. The firm also originates loans through partnerships with mission-aligned institutions such as Mission Driven Finance and Walden Mutual Bank. This lending-first approach means RSF behaves more like a specialty credit fund than a traditional grantmaking foundation.
Who runs investment decisions at the Rudolf Steiner Foundation?
Jasper van Brakel serves as President and CEO, overseeing all strategic and investment operations. He joined from Weleda North America, where he was CEO. The investment team operates under his leadership, though specific portfolio managers or credit committee members are not publicly named by the foundation.
Does RSF participate in fund commitments or only direct deals?
RSF does both. The foundation acts as a limited partner in external real-asset and venture funds — Lyme Forest Fund III is one confirmed commitment — while also originating direct loans and making direct real estate holdings. Its Women's Capital Collaborative further indicates participation in pooled philanthropic and investment structures alongside direct deal work.
How does RSF's Social Investment Fund note program work?
The RSF Social Investment Fund is a registered public-offering note that allows individual and institutional investors to place capital with RSF. Those deposits form the lending base from which RSF originates loans to social enterprises. This creates a structure where external public investors — not just the foundation's historic endowment — supply the debt capital that RSF deploys, giving the firm a permanent revolving credit-like liability for its portfolio.
Which sectors does RSF explicitly avoid?
RSF does not publish an explicit exclusion list, but its portfolio focuses on food and agriculture, climate and energy, education, and community real estate. The foundation's lending and investment activities have not extended into traditional extractive industries, fossil fuel production, or conventional consumer finance products, based on its publicly disclosed deal flow and partnership network.
How is RSF related to the broader Steiner or Weleda ecosystem?
The foundation draws its philosophical inspiration from Rudolf Steiner, the early 20th-century thinker behind anthroposophy, Waldorf education, and biodynamic agriculture. Jasper van Brakel's prior role as CEO of Weleda North America — a company founded on Steiner's principles — connects the leadership personally to that lineage. However, RSF Social Finance operates as an independent financial entity and does not serve as a holding company or direct investment vehicle for Weleda or any Steiner school network.
Does RSF maintain philanthropic structures separate from its investment operations?
Yes. RSF offers donor-advised funds and makes grants to mission-driven organizations through its foundation structure. The Women's Capital Collaborative also functions as a granting and investing collaborative. These grantmaking activities are maintained alongside the lending and real asset investment programs, with the Social Investment Fund note program providing a distinct capital pool for the credit operations.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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