Many philanthropists would like to dip a toe into impact investing, but they’re not sure where to start. Below are a few organizations and projects that combine the best of nonprofits and social enterprise. Many can accept both donations and investments (not all are currently accepting investments).
- Impact Assets – make a tax-deductible charitable donation and they will invest your donation in the social enterprise of your choice – investment returns grow the pool of investable assets
- SheEO – make a tax-deductible charitable donation and then help choose women entrepreneurs that will receive investment out of the the donated funds
- Force for Good Fund – 501(c)(3) investment fund offering eight-year revenue sharing notes – investing in social enterprises with a focus on women and people of color
- Economic Development and Financing Corporation – a nonprofit CDFI in Mendocino that raised money from the general public in California to invest in a start up wool mill
- RSF Social Finance – nonprofit offering investment notes to the general public – considered very low risk
- Nia House, a school in Berkeley – offered notes to the families it serves to build an addition; used community notes to leverage grants and institutional loans
- Beneficial State Bank is a for-profit bank whose stock is owned by a nonprofit foundation – bank profits go to the foundation so that it can make community grants – a great place to park your money!
Please share your examples!
Interested in learning more? Get in touch!
If you are interested in working together, send us an inquiry and we will get back to you as soon as we can!