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 communities. In addition to highlighting the objectives, benefits, barriers and the steps for starting an impact investing program, the report identifies the following four strategies: Partnering with community development financial institutions (CDFIs) Creating loan pools Providing loan guarnatees Direct investment in local economic development efforts. The report also provides further details on each of the 30...

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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, investment options and resources.  ...

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