Broadstreet Impact Services’ Post

Our South West and West Midlands SITR Social Impact report for 2022/23 is now published. This report celebrates the impact outcomes and achievements of the social enterprises invested in by the two funds. Since 2016, 12 social enterprises in the South West have received investments from the South West SITR fund, and are helping to lift people out of poverty, especially some of the most marginalised communities, by addressing the need for, amongst many others, decent education, employment and health care. Read the full report and learn more about the inspiring work of our investees: https://ow.ly/mPUN50SOScP #SITR #SocialImpact #SocialEnterprises #SouthWest #EducationForAll

The Australian, Commonwealth, Government has committed $100M to invest in outcomes-driven programs via its Outcomes Fund. While there are some things we know about how this investment will work, all is to be revealed in this May's Budget. In the lead-up to the Budget and the release of this info I'll be providing details on what an 'outcomes contract' is - how they work and how to prepare yourself to be a part of this initiative - via a free online info session to share the evidence of what works, how and why in the coming weeks. Watch this space for details. In the meantime, reach out to me if you'd like to talk about your organisation's readiness for outcomes contracting. #outcomes #outcomesfunding #outcomesfund #outcomescontract #outcomescontracting #impactinvestment https://lnkd.in/gj5V52zf

📣 Introducing Raven Indigenous Outcomes Funds 📣 We are excited to announce the launch of Raven Indigenous Outcomes Funds (RIOF Inc.), the latest initiative within the Raven Funds Group. Founded in 2023, RIOF Inc., brings together private, philanthropic, and public capital to fund innovative, community-driven solutions. As part of our commitment to supporting Indigenous communities across Turtle Island, RIOF Inc., focuses on outcomes-based finance to address critical issues and foster long-term, systemic change. At Raven, we prioritize Indigenous leadership, knowledge, and values, working within the framework of the United Nations Declaration on the Rights of Indigenous Peoples (#UNDRIP). Our decolonized, impact-centric approach empowers Indigenous communities to achieve self-determination, enhance well-being, and build a sustainable future. The Raven Funds Group shares a unified vision of creating meaningful change and supporting the success of Indigenous communities. This vision is also carried by Raven Indigenous Capital Partners, North America’s only Indigenous-led impact investment firm, which supports Indigenous entrepreneurs and strengthens the Indigenous economy. Additionally, the Raven Indigenous Impact Foundation focuses on improving the wellbeing of Indigenous Peoples through research and education on innovative financial solutions. Learn more about our work at https://lnkd.in/eEN4Gans #IndigenousFinance #ImpactInvesting #SustainableChange #IndigenousLeadership #RavenIndigenousOutcomesFunds Jeffrey Cyr, Rebecca Waterhouse, Wáhiakatste (Wahi) Diome-Deer, Aura Silva, Marie-Josée Parent, Alisa Denduyf, Sydney Ferguson

Buy local? Of course! Invest local? How can you do that? That's what my friends and colleagues at Local Return and I have been spending our time trying to answer. (Shout out to Jessica David, Lisa Raiola MPH, Raul Figueroa and also our emeritus board members, Sue AnderBois and Carmen Diaz-Jusino (She, Her, Hers, Ella) And a big part of that answer is our first-in-the-nation Diversified Community Investment Fund. We're on a mission to build community wealth with and for folks in historically disinvested communities. Now, you can help us raise $3.5MM to invest in our local communities, which means: - small businesses and nonprofits owning community real estate - new, small scale community real estate developers building critically needed missing middle housing Want to learn more? Read this interview with my co-founder, Jessica, in The Providence Journal

Capital Impact Partners is excited to partner with National Cooperative Bank to launch the Co-op Innovation Award for its 10th year! 🎉Applications for grants up to $50,000 must be submitted by 12 p.m. ET on June 18. Through the award, Capital Impact Partners aims to support cooperatives nationwide and build wealth-creation opportunities for diverse communities. Food, worker, and housing co-ops will receive priority, but all sectors are invited to apply. Winning organizations will receive a one-year grant of up to $50,000 to advance cooperative development in diverse communities that experience systemic disinvestment. The award intends to support early-stage projects and provide catalytic capital to attract other funders. It is important that projects are led or informed by the community and culturally relevant. Funding is awarded for specific projects in diverse communities and not for general operating funds for the organization. Apply now! https://lnkd.in/eKs_XEeX #DAWI #CoopFunding #GrantOpportunity #Grants

In the second half of 2023, Praxis Mutual Funds® participated in $1.64 million of new community development investments and $55 million of positive impact bond purchases. Learn about our impact investments made through our partners at Calvert Impact and Capital Impact Partners and how investing in Praxis makes a real difference: https://lnkd.in/egGdKK62 #RealImpact #CommunityDevelopmentInvesting #PositiveImpactBonds

Congratulations to the team at Schroder BSC Social Impact Trust (SBSI) on publishing their third Impact Report. The report details the Trust's Theory of Change: investing in funds and co-investments with fund managers to support frontline organisations addressing critical social challenges across the UK. It also includes case studies highlighting efforts to reduce poverty and inequality, provide health and care services, support vulnerable people through education and employment, and generate clean energy for underserved communities. Since 2020, the Trust has committed £87m to 194 social organisations, reaching 400,000 people. The Trust's portfolio is managed by Better Society Capital, where several WISF members hold positions: Hermina Popa, CFA is Managing Director, Rebecca MacDonald is Managing Director - Head of Investment Management, Amelie Montague (née Busch) CFA is Investment Director and Ana Van Bilsen Irías is Impact Manager. Read the full report here and below: https://lnkd.in/e--EsKtb #ImpactReporting #ImpactInvesting

Overhauling systems designed for #inequality and #exclusion starts a few dollars at a time.  On this month’s Liist of actively #raising #impactfunds, #fundmanagers are building on proven #strategies that * undercut systemic racism and #inequality, * expose #mispricedrisk and * redirect #capital to resources that repeatedly deliver #value: #people and the #planet.  For @Flexible Capital Fund, the #communitydevelopmentfinancialinstitution’s work started in rural Vermont, channeling #revenuebasedfinancing and other flexible investments to #sustainablelocalbusinesses. It’s now expanding throughout New England with a $30 million fund that is adding #equity checks to its #investment mix.  https://lnkd.in/eJj5jaq3

We wanted to share a little bit about our history. We started On Point Strategy with one goal in mind: to ensure every organization maximizes the impact they have in their communities. How were we going to do this? By doing what we do best -- filling the gaps in fund allocation and grant management. We noticed funds were being misallocated and opportunities lost due to knowledge gaps, and we had to find a way to fix this. Today, our mission remains steadfast. We exist to empower our clients, stakeholders, and community members, enabling them to shape their future with strategic solutions that optimize their funds. Our eyes are always on the bigger picture, and we understand that our efforts contribute significantly to economic growth and societal well-being. #aboutus #ourhistory #onpointstrategy #fundallocation #grantmanagement #strategicpartner #strategicdecisionmaking

This interview offers a great explanation of what a Diversified Community Investment Fund is and how it can benefit communities. These funds can take on different forms, but this is the first active, working model in the U.S. that we can all learn from. Imagine the possibilities if every community had at least one! 🌱✨ #CommunityInvestment #EconomicDevelopment #SustainableGrowth #InclusiveEconomy #InnovativeFinance #FutureOfCommunities #CommunityWealthBuilding #ImpactInvesting #LocalDevelopment #SocialImpact