Small logo Subscribe to leading news on impact investing. Learn More
The Brief Originals Dealflow Signals The Impact Alpha Impact Voices Podcasts Agents of Impact Open
What's Next Capital on the Frontier Measure Better Investing in Racial Equity Beyond Trade-offs Impact en las Americas New Revivalists
Local and Inclusive Climate Finance Catalytic Capital Frontier Finance Best Practices Geographies
Slack Agent of Impact Calls Events Contribute
The Archive ImpactSpace The Accelerator Selection Tool Network Map
About Us FAQ Calendar Pricing and Payment Policy Privacy Policy Terms of Service Agreement Contact Us
Locavesting Entrepreneurship Gender Smart Return on Inclusion Good Jobs Creative economy Opportunity Zones Investing in place Housing New Schooled Well Being People on the Move Faith and investing Inclusive Fintech
Clean Energy Farmer Finance Soil Wealth Conservation Finance Financing Fish
Innovative Finance
Personal Finance Impact Management
Africa Asia Europe Latin America Middle East Oceania/Australia China Canada India United Kingdom United States
Subscribe
Features
Series
Themes
Community
Data
Subscribe Log In
More

Kellogg Foundation invests in healthy restaurant chain Everytable



ImpactAlpha, January 13 – Los Angeles-based Everytable is fast-casual restaurant chain that uses a variable pricing model to make healthy food more affordable in low-income neighborhoods. At Everytable’s restaurant in lower-income South Los Angeles, for example, meals start as low as $5, compared to $8 in higher-income areas like Santa Monica.

The $8.6 billion W.K. Kellogg Foundation is backing Everytable with $1.5 million program-related investment to improve children and young people’s access to nutritious foods. 

Everytable operates six stores across the L.A. area: Baldwin Hills, California State University, Los Angeles, Compton, Downtown Los Angeles, Santa Monica, and South Los Angeles. The company is planning to launch two new stores in Watts and Brentwood this year.

Everytable is also exploring potential partnerships, including one with public community college Compton College, to provide healthy food for low-income students.

Funding from Kellogg will help the company kickstart several other initiatives, including an education campaign for students at Cal State LA, where its first university store is based; a pilot of a franchise model for entrepreneurs of color; and an exploration into how to accept food stamps at its stores.

Kellogg’s commitment to Everytable is part of the foundation’s $20 million program-related investment portfolio.

You might also like...