Beneficial State Bank; San Francisco
Founder, TomKat Ranch Educational Foundation
Kat Taylor is intent on changing the food and banking systems for good through business models and philanthropy. She believes that agriculture represents the dominant way we tend the planet, for better or for worse. To find and de-risk animal agriculture management practices that optimize for greatest societal value, Kat founded TomKat Ranch Educational Foundation on her family's cattle ranch. With science partners Point Blue on site and broader science-based collaborative experimentation, TKREF hosts a learning lab for strategies to re-sequester carbon into soils, enhance water quality and retention, and restore biodiversity, all while producing a healthy food product. TomKat Charitable Trust, the family charitable vehicle, funds a robust ecosystem for food system change to complement the working ranch activities. Among the Trust's priorities are big buyer strategies to shift supply chains beneficially (like California Food for California Kids), empowerment of eaters from all settings (from basic agro-ecology research to protection of transparency in food markets), and food movement-building. Kat also believes that Banking is our original and most powerful form of crowdfunding so it's important to get it right. To gain insights for aligning banking with benefit to all and harm to none, she and her husband started Beneficial State Bank in 2007. Beneficial State Bank is owned in the public interest, reinvesting profits into the low-resourced communities it serves and the earth upon which we all depend. BSB adheres to a lending practice that preponderently supports (with 75% or more of the loan dollars) a just and renewable economy and eschews contra-mission activities. BSB also broadcasts to its stakeholders all financial and non-financial performance results, from BCorp and JUST assessment ratings to green house gas, landfill and water footprints. Kat serves as Co-CEO of the bank and Co-Chair of the bank and bank holding companies. Kat also supports all efforts to avert climate disaster and restore broad-based prosperity. Kat graduated from Harvard College in 1980 and earned a JD/MBA from Stanford University in 1986. Her husband and four grown children are all also pursuing their own wild and precious lives and love gathering over food, playing sports and communing with the great outdoors.