FEST (Financing Ecosystems for Systemic Transformation)
Boston, Massachusetts
Community-based field-building initiative accelerating the development of financing systemic transformation (FST). Founded by Steve Waddell (Bounce Beyond), who also developed the four change strategies framework (Activist, Entrepreneur, Reformer, Transformer) used in this analysis. FEST defines FST through four qualities: resolute commitment to systems change, shared vision of flourishing, amplifying relationships among actions, and organizing financing systems (not just funds). Runs 9 concept note workstreams including ecosystem mapping, field coherence, futures pathways, technology tools, and case studies. Collaborates with TransCap Initiative, MIT Sloan, Meridian Institute, Rockefeller Philanthropy Advisors, Catalyst 2030, and others. Seeks to build the connective tissue across the systemic investing field — the meta-coordination infrastructure this analysis identifies as the #1 gap.