Loan Program Informational Meeting that describes the process for moving forward with the introduction of available capital for entrepreneurs that would augment traditional financing streams.
This presentation was prepared within framework of the training course ''Change Laboratory''.
"Change Laboratory'' is a platform where 29 young third sector representatives from Latvia, Poland, Portugal, Estonia, Slovakia, Lithuania, Slovenia, Czech Republic, Hungary, Sweden, Greece and Romania will carry out a collaborative learning activity by questioning current ways of thinking, analyzing and modeling social entrepreneurship ventures, and conducting thought and action experiments concerning possible changes in their communities.
Main aim of this project is to promote active participation of young people and to contribute to developing the capabilities of civil society organizations in the youth field through gathering knowledge in social entrepreneurship area and through development of competencies essential for initiation of social entrepreneurship activities by non-governmental non-profit organizations.
Encouraging self-initiative and developing the capability to analyze obstacles and opportunities within a social sector and to identify potential strategies to effect change are other important objectives of the project.
Program is based on the experiential learning model and focuses on developing independent mind habits, entrepreneurship and leadership skills, on building understanding of creativity and innovations to meet genuine community needs and gain enhanced sense of responsibility to the communities in which we live.
The first part of the course will introduce the participants to the concept of social entrepreneurship and its various applications across sectors and organizational forms. Furthermore it examines the success factors and conditions of setting up social enterprise.
Through the program participants are expected to create a community project with potential to stimulate transformations and improvements in their chosen area, whether that is education, health care, economic development, environment, arts or any other social field - participants will develop plans for local or international social entrepreneurship entities or innovative projects, partnerships or other arrangements that would have a positive impact on social outcomes.
Project takes place in three stages. Within first stage from 01.09.2011 to 21.10.2011 participants are completing several home tasks. From 22.10.2011 to 31.10.2011 all the group will meet in Riga, Latvia, and develop their competencies in social entrepreneurship within the framework of the training course ''Change Laboratory''. From 01.11.2011 to 31.01.2012 follow-up activities will be carried out along with project evaluation.
This project has been funded with support from the European Commission. This page reflects the views only of the author, and the Commission cannot be held responsible for any use which may be made of the information contained therein.
There is an ever-increasing pressure for nonprofits to develop revenue models that are sustainable over the long-term. Funding continues to shift in this uncertain economy that, in turn, demands nonprofit leaders to intentionally assess, monitor and adapt their organizations’ revenue models in the changing environment. The goal of the session is to equip nonprofit leaders with the tools to plan, implement and adapt a revenue model that builds on the organization’s existing strengths and capacity.
Synopsis Project: training - fundraising activities and philanthropyKarl Donert
The SYNOPSIS project concerns Storytelling and Fundraising for Cultural Heritage professionals.
Cultural heritage covers a variety of activities, and a system of values, traditions, knowledge, and lifestyles that characterise society.
The heritage sector has to deal with new challenges and it is therefore necessary to develop new professionalism, able to promote and support cultural heritage as it improves not only the overall economic growth and employment, but also social cohesion and environmental sustainability.
Storytelling and fundraising skills assume a fundamental role in connecting the past to the future. Cultural Heritage storytelling is concerned with “communicating through stories”, creating narratives through which a cultural heritage enters into an emphatic relationship with people, managing to arouse public emotion. The purpose is to engage people to protect, exploit cultural heritage, and support it financially.
This presentation introduces fundraising and ethical issues as part of the training programme
Synopsis Project: training - what is fundraising?Karl Donert
The SYNOPSIS project concerns Storytelling and Fundraising for Cultural Heritage professionals.
Cultural heritage covers a variety of activities, and a system of values, traditions, knowledge, and lifestyles that characterise society.
The heritage sector has to deal with new challenges and it is therefore necessary to develop new professionalism, able to promote and support cultural heritage as it improves not only the overall economic growth and employment, but also social cohesion and environmental sustainability.
Storytelling and fundraising skills assume a fundamental role in connecting the past to the future. Cultural Heritage storytelling is concerned with “communicating through stories”, creating narratives through which a cultural heritage enters into an emphatic relationship with people, managing to arouse public emotion. The purpose is to engage people to protect, exploit cultural heritage, and support it financially.
This presentation is the second part of an introduction to fundraising as part of the training programme
Synopsis Project: training introduction to fundraisingKarl Donert
The SYNOPSIS project concerns Storytelling and Fundraising for Cultural Heritage professionals.
Cultural heritage covers a variety of activities, and a system of values, traditions, knowledge, and lifestyles that characterise society.
The heritage sector has to deal with new challenges and it is therefore necessary to develop new professionalism, able to promote and support cultural heritage as it improves not only the overall economic growth and employment, but also social cohesion and environmental sustainability.
Storytelling and fundraising skills assume a fundamental role in connecting the past to the future. Cultural Heritage storytelling is concerned with “communicating through stories”, creating narratives through which a cultural heritage enters into an emphatic relationship with people, managing to arouse public emotion. The purpose is to engage people to protect, exploit cultural heritage, and support it financially.
This presentation introduces fundraising as part of the training programme
This presentation was prepared within framework of the training course ''Change Laboratory''.
"Change Laboratory'' is a platform where 29 young third sector representatives from Latvia, Poland, Portugal, Estonia, Slovakia, Lithuania, Slovenia, Czech Republic, Hungary, Sweden, Greece and Romania will carry out a collaborative learning activity by questioning current ways of thinking, analyzing and modeling social entrepreneurship ventures, and conducting thought and action experiments concerning possible changes in their communities.
Main aim of this project is to promote active participation of young people and to contribute to developing the capabilities of civil society organizations in the youth field through gathering knowledge in social entrepreneurship area and through development of competencies essential for initiation of social entrepreneurship activities by non-governmental non-profit organizations.
Encouraging self-initiative and developing the capability to analyze obstacles and opportunities within a social sector and to identify potential strategies to effect change are other important objectives of the project.
Program is based on the experiential learning model and focuses on developing independent mind habits, entrepreneurship and leadership skills, on building understanding of creativity and innovations to meet genuine community needs and gain enhanced sense of responsibility to the communities in which we live.
The first part of the course will introduce the participants to the concept of social entrepreneurship and its various applications across sectors and organizational forms. Furthermore it examines the success factors and conditions of setting up social enterprise.
Through the program participants are expected to create a community project with potential to stimulate transformations and improvements in their chosen area, whether that is education, health care, economic development, environment, arts or any other social field - participants will develop plans for local or international social entrepreneurship entities or innovative projects, partnerships or other arrangements that would have a positive impact on social outcomes.
Project takes place in three stages. Within first stage from 01.09.2011 to 21.10.2011 participants are completing several home tasks. From 22.10.2011 to 31.10.2011 all the group will meet in Riga, Latvia, and develop their competencies in social entrepreneurship within the framework of the training course ''Change Laboratory''. From 01.11.2011 to 31.01.2012 follow-up activities will be carried out along with project evaluation.
This project has been funded with support from the European Commission. This page reflects the views only of the author, and the Commission cannot be held responsible for any use which may be made of the information contained therein.
There is an ever-increasing pressure for nonprofits to develop revenue models that are sustainable over the long-term. Funding continues to shift in this uncertain economy that, in turn, demands nonprofit leaders to intentionally assess, monitor and adapt their organizations’ revenue models in the changing environment. The goal of the session is to equip nonprofit leaders with the tools to plan, implement and adapt a revenue model that builds on the organization’s existing strengths and capacity.
Synopsis Project: training - fundraising activities and philanthropyKarl Donert
The SYNOPSIS project concerns Storytelling and Fundraising for Cultural Heritage professionals.
Cultural heritage covers a variety of activities, and a system of values, traditions, knowledge, and lifestyles that characterise society.
The heritage sector has to deal with new challenges and it is therefore necessary to develop new professionalism, able to promote and support cultural heritage as it improves not only the overall economic growth and employment, but also social cohesion and environmental sustainability.
Storytelling and fundraising skills assume a fundamental role in connecting the past to the future. Cultural Heritage storytelling is concerned with “communicating through stories”, creating narratives through which a cultural heritage enters into an emphatic relationship with people, managing to arouse public emotion. The purpose is to engage people to protect, exploit cultural heritage, and support it financially.
This presentation introduces fundraising and ethical issues as part of the training programme
Synopsis Project: training - what is fundraising?Karl Donert
The SYNOPSIS project concerns Storytelling and Fundraising for Cultural Heritage professionals.
Cultural heritage covers a variety of activities, and a system of values, traditions, knowledge, and lifestyles that characterise society.
The heritage sector has to deal with new challenges and it is therefore necessary to develop new professionalism, able to promote and support cultural heritage as it improves not only the overall economic growth and employment, but also social cohesion and environmental sustainability.
Storytelling and fundraising skills assume a fundamental role in connecting the past to the future. Cultural Heritage storytelling is concerned with “communicating through stories”, creating narratives through which a cultural heritage enters into an emphatic relationship with people, managing to arouse public emotion. The purpose is to engage people to protect, exploit cultural heritage, and support it financially.
This presentation is the second part of an introduction to fundraising as part of the training programme
Synopsis Project: training introduction to fundraisingKarl Donert
The SYNOPSIS project concerns Storytelling and Fundraising for Cultural Heritage professionals.
Cultural heritage covers a variety of activities, and a system of values, traditions, knowledge, and lifestyles that characterise society.
The heritage sector has to deal with new challenges and it is therefore necessary to develop new professionalism, able to promote and support cultural heritage as it improves not only the overall economic growth and employment, but also social cohesion and environmental sustainability.
Storytelling and fundraising skills assume a fundamental role in connecting the past to the future. Cultural Heritage storytelling is concerned with “communicating through stories”, creating narratives through which a cultural heritage enters into an emphatic relationship with people, managing to arouse public emotion. The purpose is to engage people to protect, exploit cultural heritage, and support it financially.
This presentation introduces fundraising as part of the training programme
Income is not our first priority.
Funding in Covid-19 and principles of a good income stream.
Donor’s response in the pandemic.
Practical steps to build a sustainable income stream.
Institutional funding opportunities & strategies during Covid-19MzN International
What are institutional donors doing in response to Covid-19?
What are their priorities and strategies?
What does that mean for funding for contractors and implementers?
What funding opportunities do exist and how are current funding opportunities impacted?
Synopsis Project: training i- fundraising activities and contextsKarl Donert
Storytelling and fundraising skills assume a fundamental role in connecting the past to the future. Cultural Heritage storytelling is concerned with “communicating through stories”, creating narratives through which a cultural heritage enters into an emphatic relationship with people, managing to arouse public emotion. The purpose is to engage people to protect, exploit cultural heritage, and support it financially.
This presentation deals with details about fundraising and different contexts as part of the training programme
Starting a First Nation’s Economic Development Corporation Workshop icablearning
Why an Economic Development Corporation? • Vision and Mandate • Legal overview • Structure • Functions- HR, operations, finance, marketing, and governance • Board strategy • Link to lands management
Why a Development Corporation? • Systematically remove barriers to development • Is a structure for accessing business opportunity • Structure to manage business, projects and distinguish from the FN Government • Separate risk from the FN
Catalytic Capital- Using Guarantees to Unlock Private Capital for ImpactEPIPNational
Foundations are uniquely positioned to play a catalytic role in expanding access to finance for organizations that further their missions. They can do this by investing directly in projects and organizations, or by providing financial guarantees that help those organizations gain access to financial from other investors or lenders. If you are a foundation professional or want to become one, your expertise in the social sector offers greater insight into the business models of your grantees, and positions you to leverage this knowledge—alongside your foundation’s financial resources—to bring mainstream financiers into the space.
Guarantees have several attractive features for foundations. They:
may have greater impact than a direct one-time loan or investment, as they can open up new sources of financing and build the credit-worthiness of grantees.
may not necessarily require an upfront outlay of funds, meaning those resources can do “double duty” by also being invested elsewhere and earning a financial return.
Learn more about what it takes to provide and structure guarantees. Join this webinar to hear the Global Impact Investing Network (GIIN) present findings and recommendations from recently published research on the use of guarantees in community investing in the U.S. The GIIN will be joined by Tracy Kartye of the Annie E. Casey Foundation, a foundation professional with experience using guarantees, who will shed light on the tool through a case example. The speakers will then field questions from the audience.
The presentation was a workshop at Evolve 2014: the annual event for the voluntary sector in London on Monday 16 June 2014.
The presentation was chaired by Caron Bradshaw, Chief Executive, Charity Finance Group and looks at the practical issues around social investment, showcasing some of the products available, hearing from charities that have successfully used social investment and social investment providers.
Find out more about the Evolve Conference from NCVO: http://www.ncvo.org.uk/training-and-events/evolve-conference
Find out more about the work NCVO does around funding: http://www.ncvo.org.uk/practical-support/funding
An introduction to the acquisition and management of public funding. If you are a non-profit organization or a business and want to be successful with the acquisition of public funding, this is for you. If you have acquired public funding and want to manage it more effectively, this is a good starting point. If you have tried unsuccessfully to acquire public funding, this will ensure your success.
Income is not our first priority.
Funding in Covid-19 and principles of a good income stream.
Donor’s response in the pandemic.
Practical steps to build a sustainable income stream.
Institutional funding opportunities & strategies during Covid-19MzN International
What are institutional donors doing in response to Covid-19?
What are their priorities and strategies?
What does that mean for funding for contractors and implementers?
What funding opportunities do exist and how are current funding opportunities impacted?
Synopsis Project: training i- fundraising activities and contextsKarl Donert
Storytelling and fundraising skills assume a fundamental role in connecting the past to the future. Cultural Heritage storytelling is concerned with “communicating through stories”, creating narratives through which a cultural heritage enters into an emphatic relationship with people, managing to arouse public emotion. The purpose is to engage people to protect, exploit cultural heritage, and support it financially.
This presentation deals with details about fundraising and different contexts as part of the training programme
Starting a First Nation’s Economic Development Corporation Workshop icablearning
Why an Economic Development Corporation? • Vision and Mandate • Legal overview • Structure • Functions- HR, operations, finance, marketing, and governance • Board strategy • Link to lands management
Why a Development Corporation? • Systematically remove barriers to development • Is a structure for accessing business opportunity • Structure to manage business, projects and distinguish from the FN Government • Separate risk from the FN
Catalytic Capital- Using Guarantees to Unlock Private Capital for ImpactEPIPNational
Foundations are uniquely positioned to play a catalytic role in expanding access to finance for organizations that further their missions. They can do this by investing directly in projects and organizations, or by providing financial guarantees that help those organizations gain access to financial from other investors or lenders. If you are a foundation professional or want to become one, your expertise in the social sector offers greater insight into the business models of your grantees, and positions you to leverage this knowledge—alongside your foundation’s financial resources—to bring mainstream financiers into the space.
Guarantees have several attractive features for foundations. They:
may have greater impact than a direct one-time loan or investment, as they can open up new sources of financing and build the credit-worthiness of grantees.
may not necessarily require an upfront outlay of funds, meaning those resources can do “double duty” by also being invested elsewhere and earning a financial return.
Learn more about what it takes to provide and structure guarantees. Join this webinar to hear the Global Impact Investing Network (GIIN) present findings and recommendations from recently published research on the use of guarantees in community investing in the U.S. The GIIN will be joined by Tracy Kartye of the Annie E. Casey Foundation, a foundation professional with experience using guarantees, who will shed light on the tool through a case example. The speakers will then field questions from the audience.
The presentation was a workshop at Evolve 2014: the annual event for the voluntary sector in London on Monday 16 June 2014.
The presentation was chaired by Caron Bradshaw, Chief Executive, Charity Finance Group and looks at the practical issues around social investment, showcasing some of the products available, hearing from charities that have successfully used social investment and social investment providers.
Find out more about the Evolve Conference from NCVO: http://www.ncvo.org.uk/training-and-events/evolve-conference
Find out more about the work NCVO does around funding: http://www.ncvo.org.uk/practical-support/funding
An introduction to the acquisition and management of public funding. If you are a non-profit organization or a business and want to be successful with the acquisition of public funding, this is for you. If you have acquired public funding and want to manage it more effectively, this is a good starting point. If you have tried unsuccessfully to acquire public funding, this will ensure your success.
театральный уголок в группе раннего возрастаВалерия Кулеш
Театральная деятельность в детском саду – это хорошая возможность раскрытия творческого потенциала ребенка и воспитания творческой направленности личности.
В нашем детском саду ведётся плодотворная работа по данному направлению. Театральная деятельность является эффективным средством развития речи и артистических способностей детей.
Leveraging Opportunity Zones to Support Regional Economic Developmentnado-web
During the 2019 NADO Annual Training Conference (October 19 - 22 in Reno, NV), Scott Dadson shared information creating investable communities and how to take advantage of the Opportunity Zone Program.
The basics of development financing for real estate development and businesses, from how banks make loan decisions to how SBA and other programs work to help create and retain jobs. Presented at the 2016 Ohio Basic Economic Development Course.
On 4th December 2015 the Big Lottery Fund and CBO evaluation team ran a peer learning event for people developing SIBs related to employment, housing and crime. These slides are from the afternoon workshop on working with investors.
On 11th February 2016 the Big Lottery Fund and CBO evaluation team ran a peer learning event for people developing SIBs related to health. These slides are from the workshop on working with investors.
Many entrepreneurs – social, triple bottom line or otherwise – do not avail themselves of all potential capital sources when seeking funding to grow or scale, limiting prospects to cash flow their initiatives. This seminar explores a range of options for funding: external in the marketplace, internal within an organization, new ideas and classics not to overlook.
How to Form a Non-Profit Organization: A Step-by-Step Guide to Making a Diffe...BenStocks3
Creating a non-profit empowers you to drive change for causes you care about. This guide offers a step-by-step process to establish a non-profit, translating your passion into impactful action, whether it's for the environment, humanitarian aid, education, or other community needs.
2017-01-25 A Framework for Strengthening Your Nonprofit’s Investment Reserve ...Raffa Learning Community
Nonprofit Executives and their Boards know they must periodically review reserve or investment policies. They don’t always know, however, what’s involved. Through his work on the Study on Nonprofit Investing (SONI), Dennis Gogarty of Raffa Wealth Management has developed an easy-to-follow investment policy framework which will assist nonprofits in developing or strengthening their organization’s policy and procedures.
ODA for Capacity Building in the Social Enterprise- and the SME-Sector in IndiaMartin Vogelsang PhD
Based on my long-standing experience as impact investor in India I would like to suggest that Official Development Assistance (ODA) coming into the country is disbursed more strongly towards capacity building (training, education) and supporting the incubation of viable social enterprises and inclusive businesses catering to the “Base-of-the-Pyramid”. Investing into this area of the Indian economy would not only help alleviate to poverty and at least partly solve some of the grave environmental problems the country is facing. Such an initiative could also help India’s corporate sector become more engaged in creating and scaling innovative solutions in the areas of technology or financial services that could open up new markets for them.
Advocating, Establishing, Capitalizing a Green BankCGC CGC
This presentation by Ken Berlin at the Coalition for Green Capital's Green Bank Academy outlines the critical steps to establishing a state green bank.
Advocating, Establishing, Capitalizing a Green BankReed Hundt
This presentation by Ken Berlin at the Coalition for Green Capital's Green Bank Academy outlines the critical steps to establishing a state green bank.
Best Crypto Marketing Ideas to Lead Your Project to SuccessIntelisync
In this comprehensive slideshow presentation, we delve into the intricacies of crypto marketing, offering invaluable insights and strategies to propel your project to success in the dynamic cryptocurrency landscape. From understanding market trends to building a robust brand identity, engaging with influencers, and analyzing performance metrics, we cover all aspects essential for effective marketing in the crypto space.
Also Intelisync, our cutting-edge service designed to streamline and optimize your marketing efforts, leveraging data-driven insights and innovative strategies to drive growth and visibility for your project.
With a data-driven approach, transparent communication, and a commitment to excellence, InteliSync is your trusted partner for driving meaningful impact in the fast-paced world of Web3. Contact us today to learn more and embark on a journey to crypto marketing mastery!
Ready to elevate your Web3 project to new heights? Contact InteliSync now and unleash the full potential of your crypto venture!
Explore Sarasota Collection's exquisite and long-lasting dining table sets and chairs in Sarasota. Elevate your dining experience with our high-quality collection!
How to Build a Diversified Investment Portfolio.pdfTrims Creators
Building a diversified investment portfolio is a fundamental strategy to manage risk and optimize returns. For both novice and experienced investors, diversification offers a pathway to a more stable and resilient financial future. Here’s an in-depth guide on how to create and maintain a well-diversified investment portfolio.
When listening about building new Ventures, Marketplaces ideas are something very frequent. On this session we will discuss reasons why you should stay away from it :P , by sharing real stories and misconceptions around them. If you still insist to go for it however, you will at least get an idea of the important and critical strategies to optimize for success like Product, Business Development & Marketing, Operations :)
Reflect Festival Limassol May 2024.
Michael Economou is an Entrepreneur, with Business & Technology foundations and a passion for Innovation. He is working with his team to launch a new venture – Exyde, an AI powered booking platform for Activities & Experiences, aspiring to revolutionize the way we travel and experience the world. Michael has extensive entrepreneurial experience as the co-founder of Ideas2life, AtYourService as well as Foody, an online delivery platform and one of the most prominent ventures in Cyprus’ digital landscape, acquired by Delivery Hero group in 2019. This journey & experience marks a vast expertise in building and scaling marketplaces, enhancing everyday life through technology and making meaningful impact on local communities, which is what Michael and his team are pursuing doing once more with Exyde www.goExyde.com
What You're Going to Learn
- How These 4 Leaks Force You To Work Longer And Harder in order to grow your income… improve just one of these and the impact could be life changing.
- How to SHUT DOWN the revolving door of Income Stagnation… you know, where new sales come into your magazine while at the same time existing sponsors exit.
- How to transform your magazine business by fixing the 4 “DON’Ts”...
#1 LEADS Don’t Book
#2 PROSPECTS Don’t Show
#3 PROSPECTS Don’t Buy
#4 CLIENTS Don’t Stay
- How to identify which leak to fix first so you get the biggest bang for your income.
- Get actionable strategies you can use right away to improve your bookings, sales and retention.
Textile Chemical Brochure - Tradeasia (1).pdfjeffmilton96
Explore Tradeasia’s brochure for eco-friendly textile chemicals. Enhance your textile production with high-quality, sustainable solutions for superior fabric quality.
Salma Karina Hayat is Conscious Digital Transformation Leader at Kudos | Empowering SMEs via CRM & Digital Automation | Award-Winning Entrepreneur & Philanthropist | Education & Homelessness Advocate
2. Agenda
I. Introductions
II. Community Foundation Overview
III. Impact Investing and Legality
IV. Planning Roadmap and Implementation
V. Case Studies
VI. Discussion
Loan Fund
Informational Meeting
3. Foundation Finances
$9.8
Million
$7 Million
$300,000
Investment Pool
Endowment
Grantmaking
The mission of the Community Foundation of South Lake is to provide
leadership to enhance the quality of life in South Lake County by
identifying community needs and seeking philanthropic support as
permanent funding to meet those needs.
4. Community Foundation Business Model
Old Model New Model
Traditional
Investments
Investment
Income
Community
Impact
Grantmaking
Traditional
Investments
Impact
Investments
Community
Impact
Investment
Income
Grantmaking
5. “The way we deploy capital and the assumptions and approaches we
use to do so can in themselves make a difference. We plan to invest
100 percent of our endowment—as well as other forms of capital—for
mission. Beyond money, we are obligated to deploy all of the resources
at our disposal—capital, revenue, ideas, talents, influence, and natural
allies—toward the broad, multi-sector approach, which will be
necessary for the pursuit of goals that are, admittedly, much bigger
than those we have pursued in the past.”
- FB Heron Foundation
Impact Investing
6. “by providing innovators and entrepreneurs from both the for-profit
and not for profit sector greater access to capital, they will develop and
create facilities, products, and services that will meet the needs of
people and communities not adequately served by the existing
marketplace. Neither new nor novel, impact investing is a tried and true
set of practical tools that can complement your established programs
and strategies. Impact investments are being used by foundations of all
types and sizes, national and regional, local and urban.”
- Community Foundation Field Guide to Impact Investing
Impact Investing
7. A geographically specific stream of capital intended
to augment traditional financing available from
banks, venture capitalists, and equity investors.
Loan Fund
8. Legality of Impact Investing
IRS Guidelines state, Program Related Investments are those in
which:
1. Primary purpose is to accomplish one or more of the
Foundation’s exempt purposes
2. Production of income or appreciation of property is not a
significant purpose
*Aspen Institute, Supporting Economic Growth and Entrepreneurship
9. Legality of Impact Investing*
Loans must have some form of social purpose:
• Any non-profit entity
• Creating jobs in economically distressed areas
• Creating/retaining/improving jobs for low-income workers
• Low-income business owners
• Diversifying the local economy to promote economic
stability
• Critical community issues (e.g. healthcare, food, energy)
*Aspen Institute, Supporting Economic Growth and Entrepreneurship
10. Legality of Impact Investing*
Rates and terms must reflect charitable intent:
• Below market rates for the risk incurred
• Must fill a financing gap
Reasonable expectation of repayment
• Due diligence
• Collateral (below bank standards)
Appropriate servicing and collecting
*Aspen Institute, Supporting Economic Growth and Entrepreneurship
11. Planning Roadmap*
• Identify Champions
• Determine goals,
success measures
• Foster program and
finance team
• Engage Committee
and financial
advisors
• Assess interests
• Investment
Policy
• Determine deal
size & structure
• Determine credit
culture: risk
tolerance,
pricing,
performance
benchmarks,
intermediary vs.
direct investment
• Internal
education
• Deal sourcing
• Financial due
diligence
• Deal approvals
• Legal structure,
documentation
• Portfolio
monitoring,
reporting
• Financial
performance
• Social impact
innovation
• Leverage
collaboration
• Evaluation,
learning,
reporting
• Communication
Initial Strategic
Planning
Operating
Systems Design
Program
Management
Impact Investing
Policy Decision
*Developed by Lisa Richter of GPS Capital Partners
12. Phased Implementation Plan
Phase 1
Phase 2
Phase 3
Phase 4
Phase 5
Monitoring
Develop budget
and
implementation
plan with timeline
and structure
Develop lending
criteria, policies,
tracking software,
loan products, and
legal documentation
Develop initial
business plan to
include marketing,
funding, legal
framework, and
loan request flow
chart
Prepare and
underwrite
first loan
Develop
application form,
evaluation tools,
invoicing system,
and present
findings and
recommendations
13. Organization Structure Investments Funder Established
Marin Community
Foundation
501c3,
Managed In House
Non-profit Loans
Investment Pool,
DAFs
1994
Social Enterprise Fund
Separate Limited
Partnership
Social Enterprises
Private and Public
Investors
2010
Innovation Fund
America
501c3,
Managed In House
High Tech Startups Private Donations 2011
Arizona Community
Foundation
501c3,
Outsourced
Non-profit Loans Bank CRA Loans 2013
Case Studies
14. Investor Asset Class Amount Investee Org Type
Grand Rapids
Community Found
Loan $462,000 Dwelling Place, Inc 501c3
Community
Foundation of
Jackson County
Loan $500,000
Jackson County
Learning Center
501c3
Seattle Foundation Note $1,000,000
Enterprise
Community Partners
Intermediary/CDFI
Rhode Island
Community
Foundation
Equity Converts to
Debt
$2,000,000
Neighborhood
Health Plan of RI
For Profit
Greater Cincinnati
Foundation
Equity $500,000 CincyTech USA
Public/Private
Investor
Case Studies
15. How is success defined?
Who is eligible for a loan?
How can the business community be supportive of
this idea?
What risks has the business community identified?
What are potential challenges to overcome?
What are potential funding sources?
Questions