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Navigating the New San Francisco

Reflections from the 2025 Social Innovation Summit

Waves of applause greeted Mayor Daniel Lurie as he strode onstage at the Hyatt Regency Ballroom to open Day Two of the Social Innovation Summit in San Francisco. “For the first time in years,” the mayor declared to the full house, “there is a sense of hope and optimism in our city.” Lurie’s presence carried gravitas beyond the trappings of office. A former nonprofit leader and longtime civic entrepreneur, he built his reputation not just on policy but on practice. Twenty years ago, he founded Tipping Point Community to tackle structural poverty in the Bay Area. In 2024 alone, the organization deployed over $31 million in catalytic capital to its portfolio of partners, which then leveraged those funds to unlock more than $280 million in co-financing for anti-poverty and workforce initiatives — reaching over 90,000 low-income residents.

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Ming Wong, an Impact Entrepreneur Correspondent, writes to share his stories and journey in impact investing, social innovation, and strategic philanthropy. After a long career in banking and finance, Ming now advises start-ups on fundraising, business development, impact, and growth strategies. He also advises foundations and corporations on impact investing, ... Read more

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