Community Foundations and Place-based Impact Investing

Community Capital Management, LLC (CCM), a leading impact and environmental, social, and governance (ESG) investing manager, recently released a new report, “Community Foundations and Place-Based Impact Investing,” which takes a look at how place-based impact investments can be a great way to leverage the endowments of community foundations and donor-advised fund (DAF) portfolios to align with their missions.

The 17-page report covers: 

• Options for driving impact for community foundations
• Benefits offered to community foundations when they complement traditional grantmaking with place-based impact investing
• The lifecycle of place-based impact investments
• Case studies of community foundations making place-based impact investments. 

“Place-based impact investing refers to the local deployment of impact capital to address the needs of targeted communities. Unlike grants, impact investments look to generate positive environmental and societal benefits and a financial return,” said David Sand, CCM’s chief impact strategist. “In the past, most foundations and community foundations invested their capital for financial gain and would then spend or grant a portion that advances their mission. Over the last five to 10 years, foundations and community foundations gained new options for driving impact to further their financial and mission-related goals.”

Jamie Horwitz, CCM’s chief marketing officer, added: “Community foundations have been particularly interested in making place-based impact investments given their mission of improving the lives of people in a defined local geographic area. We are so appreciative of The Adirondack Foundation, California Community Foundation, and Battle Creek Community Foundation for sharing details on their impact investing experience in the report and how they are making positive impacts to their local areas through place-based impact investments.”

The report is available for download here.

 

About Community Capital Management, LLC

Community Capital Management, LLC (CCM) is an investment adviser registered with the Securities and Exchange Commission. CCM was founded in 1998 and manages $4 billion in assets. The firm’s mission seeks to deliver superior risk-adjusted returns through investment strategies that contribute to positive environmental and social outcomes. 

This material is not considered an endorsement or testimonial of the advisory services of CCM or the advisory experience with CCM or its supervised persons. 

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