The Ripple Fund is an investment firm in Charleston, SC. The organization operates a circular economic model designed to launch businesses and sustain nonprofit impact throughout the Lowcountry. Through angel funding and support, the firm invests in local entrepreneurs to help launch Charleston-area businesses, create jobs, and bring fresh economic energy to the community. As these businesses grow, a portion of their success is shared forward to fund the Ripple Nonprofit Community, providing local nonprofits with shared space, funding, continuous learning, leadership support, and connection.
Founded by Jerry Scheer, the co-owner of Homegrown Hospitality Group, the organization is built on the principle that giving is receiving. The fund functions as a co-op-style network, offering nonprofits resources such as fundraising guidance, marketing visibility, and access to tools through a collaborative environment of peer mentorship and collective problem-solving. This model aims to turn isolated efforts into collective impact by fostering a community of support and hospitality for local changemakers.
The Ripple Fund is recognized for its commitment to the Lowcountry, maintaining a 5.00 rating that reflects its dedication to the community. The organization stands as a vital engine for local growth, ensuring that business success directly fuels the strength of the nonprofit sector.
By connecting entrepreneurship with community service, The Ripple Fund serves as a powerful catalyst for lasting change in Charleston.
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