Ventures

A FinTech product to help mortgage lenders simplify and increase sales. It analyzes proprietary and non-proprietary data relating to homes and borrowers to identify and funnel interested, qualifiable mortgage clients to the lender by identifying both active and passive potential borrowers and then filtering those for borrowers most likely to meet the lender’s credit standards. It can also be directed to find the best opportunities in CRA communities. It can be used to verify and improve compliance with nondiscrimination requirements. This technology can be integrated into a partner’s app to enable active potential borrowers to self-identify for lenders.

A consulting firm supporting the development of a large-scale meat processing plant. Due to economic and political factors, a nearly 3M head plant in Los Angeles is untenable over the long run. Recognizing more hospitable conditions in communities closer to the hog production in the Western United States, the company has developed strategic plans for replacement plant to benefit from those opportunities and has fostered government and business relationships and public sentiments to support those plans. It has proactively addressed economic and political risks and secured key resources such as power and water.

A tech company developing an eTail app. Using cell phone camera technology, supplier databases of product colors, and the science of color, it identifies the color of an object from the user’s world and then provides links to color matches of products. This cures a major weakness of online shopping—uncertainty about a product’s color. The app increases consumer buying confidence and hence consumer traffic. For the eTailer, it decreases returns and related expenses and thus increases profits. This Retail Tech app can be flexibly deployed as a stand-alone app or as an integrated component of an eTailer’s app.

An educational foundation. While the foundation continues to support its original goal of founding a college based on its principles, it has expanded its mission to strengthen other colleges. Its objectives are to develop students into leaders grounded in the values of Virtue, Service, and Wisdom. It supports liberal arts curriculum based on the educational writings of Joseph Smith, Jr. It emphasizes applied learning opportunities like service learning, internships, and field studies to facilitate students seeing the connections between learning and work. Aligning with its motto, "To fulfill the measure of our creation," the foundation fosters students' development to achieve their potential. At this time, it is interacting with college administrators and boards, developing and sharing thought leadership, and promoting scholarship opportunities.