Title:One alumna’s dedication to funding the common good

Positively impacting the world drives Carrie Rich’s work with entrepreneurs. By co-founding Global Good Fund, she invests in high potential young leaders including 700 entrepreneurs in over 70 countries. Their work has created thousands of jobs impacting 11.6 million lives.

“Great ideas are evenly distributed, but access to opportunity—mentoring, coaching, capital, peer networking—is not,” she says. “The Global Good Fund supports entrepreneurs who are underrepresented in financial markets. With phenomenal ideas and incredible resilience, they are building solutions to real-world problems that they experience firsthand.”

The seed for the fund started at Georgetown during Rich’s internship with Inova Health System in Virginia. She met her mentor and Global Good Fund co-founder, Knox Singleton, who supported Haitian community development while growing Inova into a multibillion-dollar health system as CEO.

“The Global Good Fund came about because I was grateful he invested in my leadership development, which was unexpectedly serendipitous. I had gone to school to learn how to run hospitals—I was not planning on co-founding a nonprofit—but Georgetown opened the door to that opportunity,” she says.

Now, Rich is looking to scale the number of entrepreneurs The Global Good Fund supports domestically and around the world to 40,000 in the next four years. She has built an impact ecosystem that includes a venture-backed impact consulting practice based in the Global South and a venture capitalist fund that exclusively invests in impact-driven companies led by underrepresented founders targeting market-rate financial returns.

Ultimately, she believes in the fund because she knows the downstream benefits of being invested in. When Rich was introduced to the then-CEO of Howard University Hospital, Larry Warren, she stayed connected and he later opened the door to Trinity Health where Rich now chairs the Stewardship Committee and serves as the vice chair of the national Board of Directors.

“I am so honored to serve on the Trinity Health board where I can make a difference,” she explains. “It’s an opportunity to look out for the common good in underserved communities,” in part, by helping to ensure health access.

Rich, who in 2025 won the Baratta Center Global Impact Award at the Georgetown McDonough School of Business, concludes, “Caring about the common good has a ripple effect. You have to stick with it if you want to impact the world.”