As Tom Raffa is Recognized for Leadership, He Takes on New Challenges
Washington, D.C. – At a time when Tom Raffa is being recognized as Georgetown’s Alumni Entrepreneur of the Year and as Individual Making a Difference by the Nonprofit Village, he is looking ahead to how he can help other businesses “do more” (the motto of the brand he’s built over the last 35 years).
“Since we started in 1984, the Raffa companies have believed in using business as a force for good, leveraging our professional expertise with a commitment to being a catalyst for positive systemic community change,” said Tom Raffa, CEO of Raffa, P.C. “In 2013, we became a B Corp
to further cement our passion to operate as an organization with commitments that go beyond our quarterly reports. Improving community is engrained in everything we do. It is the passion that unites us across the firms.”
“My firm and I are now redoubling our efforts to bring along more of the corporate world to making a positive difference,” added Raffa. “As we continue to grow and our reach expands across the globe, we are helping other businesses who believe, as we do, that companies should be the drivers of positive economic and social outcomes.”
This year, Raffa is is partnering with Rich Tafel to launch a service for both social entrepreneurs and investors looking to support those entrepreneurs. Raffa Social Capital Advisors (RSCA) is the latest branch of the Raffa family. RSCA will support social entrepreneurs seeking investment while providing impact investors the much-needed data and accountability they have long sought.
“Social entrepreneur start ups too often fail for the lack of ongoing strategy and successful back office services. We uniquely can help these new businesses be accountable to their investors,” said Tom Raffa, CEO of Raffa, P.C. “We are helping match investors with the social entrepreneurs we are vetting and coaching so that both the companies can succeed and the investors can see a return – in profits and in impact.”
Social entrepreneurs who make it through the vetting process should receive an investment of up to $500,000. RSCA is preparing to launch its first online application this summer for entrepreneurs looking to connect with these investment dollars and the coaching from RSCA staff that is part of the process. Raffa Social Capital Advisors incorporates the entrepreneurial competitions, incubator resources and impact investing.
“The opportunity to pursue innovative business models and deliver transformative solutions that can have deep impacts on societies and our planet has never been greater,” said Raffa. “And there are entrepreneurs emerging around the globe who want to live their values in their business and personal lives. The communities that influence and are influenced by our Raffa companies know that we are solid proof that it can be done.”
Founded in 1984, Raffa is an accounting, consulting and technology firm based in Washington, D.C. dedicated to service and community. As a B-Corp certified, national Top 100, “Best of the Best” CPA advisory firm specializing in nonprofits and socially-responsible businesses, Raffa provides support to help organizations across the country effectively and efficiently manage their most critical processes. The firm’s highly specialized professionals provide planning, consulting and compliance services to corporations, entrepreneurs, families, nonprofits and social enterprises. Offering a deep bench of expertise across an array of services, including accounting and tax, human resources, technology and consulting, Raffa’s client-centric, customized approach helps each client meet its potential and ensures each client’s success is sustained and maintained. Learn more at www.raffa.com.