As a corporate funder, how can you invest more strategically to meet your social and business goals? In this guide, Michelle DiSabato, Founder and President of Community Impact Consultants, Inc. walks you through a step-by-step approach to a more impactful and measurable action plan.
How to link social impact and business objectives — and get results you can measure
Community investment programs are created to make a difference, but how do you know if they’re succeeding? How do you define impact that you can measure, and how do you track program results against your social and business objectives?
Fighting Harmful Paradigms in the Nonprofit Sector
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Antony Bugg-Levine, CEO of the Nonprofit Finance Fund (NFF), joins host and Common Impact CEO Danielle Holly to discuss the fundamental improvements that need to be made to how money is given and used in the social sector. NFF believes in the power of improved access to capital and credit to address the systemic financial challenges nonprofits face, which disproportionately affect communities of color.
According to US SIF: The Forum for Sustainable and Responsible Investing, Socially Responsible Investing (“SRI”) has reached the $12 trillion asset mark. Unfortunately, the vast majority — 97 percent, to be precise — comprises investments in the traditional capital markets in which decisions are made using Environmental, Social, or Governance (“ESG”) criteria. While I applaud people adding ESG screens to their portfolio, it is imperative that we find ways to support direct, community-level investments.
Investment Will Further Benevity’s Unmatched Reach and Innovation in Burgeoning Corporate Purpose Technology Sector
CALGARY, Alberta, October 22, 2019 /3BL Media/– Benevity, Inc., the global leader in corporate social responsibility (CSR) and employee engagement software, today announced that the company has raised $40M in Series C Funding from General Atlantic and JMI Equity.
When a cause needs to process a paper donation check, it creates costly administrative work. Non-profits must deposit checks individually and issue manual tax receipts to each donor. Checks also get lost in the mail or worse, sit uncashed!
Electronic payments cut down on manual administration time and reduce costs. Unlike other software providers in this space, Benevity sends the majority (88% in 2018!) of payments processed through our platform electronically, with funds arriving within 30 days.
by Debra Schwartz Managing Director, MacArthur Foundation
Often, the most compelling impact investments are made, not found.
I have used that phrase over the years to describe how foundations and other impact-focused investors use “catalytic capital” to support social and environmental progress. These patient, flexible, “catalytic” investments are able to take on more risk and/or accept a lower return than commercial capital in order to finance gains that would not otherwise be possible.