Community Foundations and Impact Investing

Forbes reports that a growing number of community foundations are using impact investing to achieve their mission. The article is based on findings in   A New Anchor Mission for a New Century, a new report issued by the Maryland-based Democracy Collaborative.  The authors studied and report on 30 innovative community foundations  (29 in the States and one from Edmonton) that are doing much more than grant-making to effect change in their...

Read More

Measuring Social Impact

Measuring Social Impact

How do we know if we’re succeeding?  We’re currently working with a US-based CDFI to refine and implement a usable and informative set of financial and impact metrics. As part of the process, we’ve uncovered some great examples from other funds.   Here are some of the best: SJF Ventures Impact Report – documents the impact of this 15-year old venture capital partnership The Reinvestment Fund – Impact Report from...

Read More

US CDFIs – Oportunity Finance Network

Opportunity Finance Network (OFN) is the leading US network of community development financial institutions (CDFIs) investing in opportunities that benefit low-income, low-wealth, and other disadvantaged communities.   OFN Members have originated more than $30 billion in financing across rural, urban and Native communities particularly in markets that are often overlooked by conventional financial institutions,  with cumulative charge-off rates...

Read More