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.
Community Capital Management, LLC (CCM) is an investment adviser registered with the Securities and Exchange Commission under the Investment Advisers Act of 1940. Registration as an investment adviser does not imply a certain level of skill or training. The verbal and written communications of an investment adviser provide you with information you need to determine whether to hire or retain the adviser. Past performance is not indicative of future results. CCM has distinct investment processes and procedures relating to the management of investment portfolios for institutional clients. The firm’s strategies are customized, rather than model-based, and utilize an innovative approach to fixed income and equity by combining the positive societal outcomes of impact and environmental, social, and governance (ESG) investing with rigorous financial analysis, an inherent focus on risk management, and transparent research. Bonds are subject to interest rate risk and will decline in value as interest rates rise. Stocks will fluctuate in response to factors that may affect a single company, industry, sector, or the market as a whole and may perform worse than the market. Different types of investments involve varying degrees or risk, and there can be no assurance that any specific investment will either be suitable or profitable for a client’s investment portfolio. A sustainable investment strategy that incorporates ESG criteria may result in lower or higher returns than an investment strategy that does not include such criteria. Impact figures mentioned are approximate values. Opinions, estimates, forecasts, and statements of market trends are based on current market conditions and are subject to change without notice. Third party links, trademarks, service marks, logos and trade names included in this content are the property of their respective owners. The inclusion of a third party link is provided for reference and does not imply an endorsement or, association with, or adoption of the site or party by us. Acceptance of this material constitutes your acknowledgement and agreement that the Advisor does not make any express or implied representation or warranty as to the accuracy or completeness of the information contained herein and shall have no liability to the recipient or its representatives relating to or arising from the use of the information contained herein or any omissions there from. For a full list of relevant disclosures, please visit https://www.ccminvests.com/regulatory-disclosures/