5. What are the Challenges? We are missing opportunities Struggle with sacred vs. secular Lack Biblical โlensesโ โ vision of shalom Lack โwisdomโ or a plan or criteria Not seeking out others for wisdom/help Chase wrong people, ventures, ideas Lack will or infrastructure to work together
6. Matthew 25:14-30 Parable of talents 3 servants 5, 2, and 1 talent, respectively Heart (motivation) Community (need peers, mentors) World (Godโs kingdom)
7. What is your role? Investor or Donor? Individual giving time and $$ Organization with funds for investments, loans, or other Entrepreneur/Leader Planning for a financing? Over-leveraged needs help? Needs to find right investors or donors/market intelligence Facilitator Help connect qualified people and build relationships Build infrastructure to do that โorganicallyโ
8. Considerations โPart of the myth of philanthropy is that someone is going to come to you with a solution, lay it in front of you and say, โJust write me a check and this problem will be solvedโโ โAnd it doesnโt work this way.โ Mark Kramer of FSG Social Impact โIt is good to write a check but it is also good to roll up your sleeves and volunteer because you will have a relationship and perhaps spend time with people you normally donโtโ Tim Keller of Redeemer Social Entrepreneurship is a powerful movement Gospel Entrepreneurship should have even more potential E.g., TOMS, Interstate Batteries, ServiceMaster, Kiva, Tegu, RESTORE NYC, Tufenkian Group, the anti-sex trafficking movement
9. How does Missional Investing work? Matrix of options โGospelโ/Social Impact Missional (Gospel) Investing Arts, Schools, NFPs, churches, missionaries, Municipal Bonds Clean energy, social enterprises, micro-finance Public companies, securities, illiquid investments small NFPโs, Niche causes, local businesses Financial Return
10. Ei Business Plan Competition Criteria Gospel Impact Management Need Fit Viability Return
11. Ei has given out $145K to 11 ventures over 4 years Arts For Profits Not-for-profits Please note that the winners and the runner-ups benefit. Runner-ups have used key relationships in the Ei network to make progress in adding advisors, improving their activities, and funding.
13. Gospel investing examples Rising Tide Capital (NJ) has through its involvement in Ei received funding from several sources Tegu โ 2009 for profit winner โ secured funding from individuals through Ei Forum and network and currently making progress with another financing Kivaโs co-founder spoke at our 2009 Ei Forum and found one investor for her new for-profit venture Defy Venture, Inc. founder Catherine Rohr has found prospective funding sources and along with Rising Tide has inspired/assisted people in Chattanooga to start and work on a similar mission Trusted Insight, founded by Jonathan LaCross, a place where people can invest and find investment
14. Gospel investing examples Eventide Funds (MA) http://eventidefunds.com/ founded by Christians money managers who focus on โvaluesโ PEI Funds The Grace & Mercy Foundation is a partner Marketplace One โoffers the weeklong One Institute to promote cultural engagement Hope for New York (www.hfny.org) serves 40 direct service affiliates and programs Financial Services Ministry volunteers as a group using their financial skills to empower organizations In 2011, we had over 100 participate and invest in Eiโs Business Plan Competition
15. Summary Calling/Role Missional Investing: Contributes to shalom or human flourishing Creating new products and services Create and support โartsโ Mercy & justice (e.g., economic, racial, gender, local and global, etc.) Missional Investing process values people, their experiences, and ideas
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17. Next Steps in Missional Investing Invite you to join a new Yahoo group to be informed of: Opportunities to meet others Raise your profile Local or regional ventures and opportunities More webinars on the fundraising process, individual entrepreneurs and organizations, events Email Calvin@Redeemer.com with ideas or ways you want to contribute to missional investing
Editor's Notes
Welcome + Introduction + ThanksAgenda is presentation and then Q&APlease type your category (investor, entrepreneur, leader, donor, volunteer)What do you hope to get out of this webinarValue is to identify where you are in understanding missional investing and in the process, identify your role and how we can help each other in Ei community
There is a lot of things to spend your time and money on. Overwhelming. Explain matrix โ overwhelming number of investment and donation opportunities โ for profit ventures, arts and cultural institutions, and other not-for-profits such as education. The areas outside the yellow trapezoid might be off limits and could range from gaming ventures to pornography? Certainly, there are many places to bring our gifts, talents, resources to in order to contribute to shalom.