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...

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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...

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Canadian Impact Investing Resources

Canadian Impact Investing Resources

Community Foundations of Canada (CFC) has taken a leadership role in encouraging its members to consider implementing the Canadian Task Force on Social Finance recommendation that foundations invest at least 10% of their capital in mission-related investments (MRI) by 2020. CFC currently provides a number of resources for and about impact investing and Canadian community foundations including information about the range of approaches,...

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Impact Investment Due Diligence

Impact Investment Due Diligence

We recently provided due diligence reports on impact investments for charitable foundations in the US.  Due diligence clients have included the Vermont Community Foundation, High Meadows Fund and the Castanea Foundation.  All three foundations are leaders in using impact investments to further advance their public-purpose missions.  The Vermont Community Foundation is committed to building philanthropic resources that will sustain healthy and...

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New Canadian Report on Mobilizing Private Capital

New Canadian Report on Mobilizing Private Capital

MaRS’ Centre for Impact Investing has just published “Mobilizing Private Capital for Public Good: Priorities for Canada,”  a report by Canada’s National Advisory Board to the G8’s Social Impact Investment Taskforce. The report notes that “Impact investing in Canada is on the rise, but it will require leadership from governments, foundations, pension funds, entrepreneurs, non-profit organizations (NPOs) and...

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