One year after the Dohmen Company Foundation announced its ambitious $60 million commitment to support healthy eating initiatives nationwide, the tangible impacts of its Dohmen Impact Investment Fund (DIIF) are emerging. With its first major investment in Everytable and ongoing efforts to fund additional health-focused enterprises, Dohmen is propelling forward the White House Challenge to End Hunger and Build Healthy Communities.
Strategic Investment in Everytable
The DIIF marked its inaugural investment in June 2023 by channeling $15 million into Everytable, a Los Angeles-based company with a mission to deliver nutritious, chef-prepared meals at affordable prices. This contribution is part of a broader $25 million funding round that saw participation from investors like Creadev, Gullspång Re:foods, and Kaiser Permanente Ventures. Everytable’s model, which currently operates in parts of California and New York, is set for regional expansion, aiming to make healthy eating accessible to more communities.
Part of a Larger Movement
The Dohmen Company Foundation’s involvement in the White House Challenge underscores a national effort to combat hunger and diet-related diseases, contributing to a collective pledge that raised nearly $1.7 billion for healthy food initiatives. As one of 141 participants, Dohmen’s commitment aligns with the Biden Administration’s 2030 goals of ending hunger and reducing health disparities. The foundation has not only invested in Everytable but is also enhancing healthy food access in Milwaukee through initiatives like Food for Health, which provides medically tailored meals and nutrition education to low-income residents with diet-related diseases.
Future Directions and Impact
Looking ahead, the DIIF is on the hunt for additional companies that align with its mission to use food as a tool for health improvement. With specific investment criteria in place, Dohmen aims to support businesses demonstrating measurable health outcomes. This strategic approach reflects a growing recognition of the critical role nutrition plays in preventing and reversing diet-related illnesses, positioning Dohmen at the forefront of a movement towards healthier communities.
As the Dohmen Company Foundation continues to leverage its resources and influence, the broader implications for public health and economic vitality are clear. By fostering innovative solutions like Everytable, Dohmen not only contributes to immediate health benefits but also supports sustainable change, underscoring the power of targeted investment in building healthier communities.