Social finance

MIT Sloan Course Aims to Help Families Create a Positive Legacy of Impact

Retrieved on: 
Tuesday, June 15, 2021
Economy, Social finance, Articles, Corporate social responsibility, Impact investing, Investment, Philanthropy

CAMBRIDGE, Mass., June 15, 2021 /PRNewswire-PRWeb/ -- MIT Sloan Executive Education today announced " Owning Impact: Creating a Positive Legacy for Families and Society ," a new executive education program designed to help business families (families that own companies, philanthropic foundations, or family offices) clarify their goals and plans to make a consequential economic, social, and environmental impact.

Key Points: 
  • CAMBRIDGE, Mass., June 15, 2021 /PRNewswire-PRWeb/ -- MIT Sloan Executive Education today announced " Owning Impact: Creating a Positive Legacy for Families and Society ," a new executive education program designed to help business families (families that own companies, philanthropic foundations, or family offices) clarify their goals and plans to make a consequential economic, social, and environmental impact.
  • "Owning Impact" provides families with an opportunity to learn about and build alignment in the family on the topics of impact investing, philanthropy, corporate social responsibility, and political engagement.
  • Participants will leave the course with a better understanding of strengthening family unity, talent, culture, and reputation while uniquely contributing to a better world.
  • This course will help participants design and implement an integrated family social impact strategy driven by shared values."

Introducing Classy Academy, a New Online Training Platform for Nonprofits to Improve their Fundraising Prowess

Retrieved on: 
Tuesday, June 15, 2021
Articles, Mixed economies, Economic systems, Classy, Social finance, Fundraising, Nonprofit organization, Social enterprise, Pat Walsh

SAN DIEGO, June 15, 2021 /PRNewswire/ -- Classy , a Public Benefit Corporation that creates fundraising software for nonprofits, announces the launch of Classy Academy, a free learning platform of on-demand courses to help social sector professionals best leverage its cloud-based fundraising tools for online fundraising campaigns.

Key Points: 
  • SAN DIEGO, June 15, 2021 /PRNewswire/ -- Classy , a Public Benefit Corporation that creates fundraising software for nonprofits, announces the launch of Classy Academy, a free learning platform of on-demand courses to help social sector professionals best leverage its cloud-based fundraising tools for online fundraising campaigns.
  • "We are confident that providing all nonprofits a way to advance their education and online fundraising know-how will lead to increased funding and greater impact for their missions."
  • Classy is a social enterprise that creates world-class online fundraising software for nonprofits, modernizing the giving experience to accelerate social impact around the world.
  • Classy also hosts the Collaborative conference and the Classy Awards to spotlight the innovative work nonprofits are implementing around the globe.

Vital Capital Impact Relief Facility Two New Investments

Retrieved on: 
Tuesday, June 15, 2021
Professional services, Finance, Economy, Finance, Money, Social finance, Corporate social responsibility, Impact investing, Investment, Venture capital

Vital Capital, a pioneering impact investor that has been working with companies in sub-Saharan Africa for more than a decade, is pleased to announce the approval of two new loans from its Vital Impact Relief Facility (VIRF), which was launched last year to help fundamentally sound African businesses navigate short-term challenges.

Key Points: 
  • Vital Capital, a pioneering impact investor that has been working with companies in sub-Saharan Africa for more than a decade, is pleased to announce the approval of two new loans from its Vital Impact Relief Facility (VIRF), which was launched last year to help fundamentally sound African businesses navigate short-term challenges.
  • This is why Vital Capital remains committed to utilizing its debt facility to safeguard the positive financial, social, and environmental impact that successful SMEs are bringing to their communities.
  • Vital Capital manages the $350 million Vital Capital Fund as well as the Vital Impact Relief Facility.
  • Vital Capital is proud to be an active partner in the international effort to embed impact investing further in mainstream investment practices.

New Report: CDFIs Have Urgent, Ongoing Capital Needs

Retrieved on: 
Monday, June 14, 2021
Economy, Finance, Money, Community development financial institution, Ethical banking, Corporate social responsibility, Social finance, Investor, Impact investing

CNote's CDFI Loan Fund Capital Needs Survey Report , the first in a planned semiannual series, is designed to map CDFI capital needs and point corporate, foundation and other accredited investors toward high-impact investment opportunities.

Key Points: 
  • CNote's CDFI Loan Fund Capital Needs Survey Report , the first in a planned semiannual series, is designed to map CDFI capital needs and point corporate, foundation and other accredited investors toward high-impact investment opportunities.
  • As an intermediary between these mission-driven institutions and investors, CNote seeks to provide a frictionless platform that steers capital to where it's most needed.
  • "We also see that the communities most in need of capital continue to be underfunded.
  • Capital demand:Over 75% of survey respondents expressed an "urgent" or "somewhat urgent" need for capital over the next six to 12 months, and 65% said their capital needs had increased during the past 12 months.

New Decarbon8-US Investment Opportunity Now Open for Startups Decarbonizing Transportation

Retrieved on: 
Monday, June 14, 2021
Economy, Articles, Corporate social responsibility, Impact investing, Investment, Social finance, Overseas Private Investment Corporation

SEATTLE, June 14, 2021 /PRNewswire/ --The Decarbon8-US Fund, an impact investment vehicle established by the E8 cleantech angel investor community, announced a new Request for Proposal (RFP) for climatetech companies focused on decarbonizing the transportation sector.

Key Points: 
  • SEATTLE, June 14, 2021 /PRNewswire/ --The Decarbon8-US Fund, an impact investment vehicle established by the E8 cleantech angel investor community, announced a new Request for Proposal (RFP) for climatetech companies focused on decarbonizing the transportation sector.
  • To help meet this challenge, Decarbon8-US was designed to expand the number of people and organizations that can directly support the enterprises that are decarbonizing the economy, while also generating new jobs and potential investment returns.
  • This 2021 transportation round of Decarbon8-US deals and investment follows a successful launch of the fund in 2020, for which three finalists received almost $1 million in combined investment.
  • Decarbon8-US is a philanthropic investment fund housed at the impact investing 501(c)(3) Realize Impact.

SoFi Announces Election of Ruzwana Bashir to its Board of Directors

Retrieved on: 
Friday, June 11, 2021
Professional services, Technology, Other Technology, Finance, Software, Consulting, California, Kroenke Sports & Entertainment, States of the United States, National Football League, SoFi, Social finance, SoFi, Los Angeles Chargers, Los Angeles Rams, Los Angeles

SoFi announced today the election of Ruzwana Bashir to its Board of Directors.

Key Points: 
  • SoFi announced today the election of Ruzwana Bashir to its Board of Directors.
  • We are thrilled to have Ruzwana join our Board, said Tom Hutton, chairman of the Board.
  • She will be instrumental in helping our Board and management deliver on our mission of helping SoFi members achieve financial independence.
  • SoFi is also the naming rights partner of SoFi Stadium, home of the Los Angeles Chargers and the Los Angeles Rams.

Net Purpose Partners with tickr to Provide Impact Data

Retrieved on: 
Thursday, June 10, 2021
Economy, Articles, Social finance, Corporate social responsibility, Investment, Impact investing

LONDON, June 10, 2021 (GLOBE NEWSWIRE) -- Net Purpose, the global impact data provider for responsible, sustainable and impact investors, is partnering with tickr, the impact investing app, to provide data to measure the social and environmental outcomes of its funds.

Key Points: 
  • LONDON, June 10, 2021 (GLOBE NEWSWIRE) -- Net Purpose, the global impact data provider for responsible, sustainable and impact investors, is partnering with tickr, the impact investing app, to provide data to measure the social and environmental outcomes of its funds.
  • The partnership with Net Purpose will help to give users more insight into their impact, by providing supporting data for a range of metrics.
  • The data from Net Purpose provides an opportunity to showcase the real-world impact of the companies they invest in, building relatability and trust.
  • Net Purpose Founder and CEO Samantha Duncan said: Were delighted to be working with tickr, which is demystifying impact investing for everyday investors.

Classy Reveals Top 50 Finalists for 2021 Classy Awards, Celebrating Resilience and Innovation in the Social Sector

Retrieved on: 
Wednesday, June 9, 2021
Articles, Mixed economies, Economic systems, Classy, Social finance, Nonprofit organization, Social enterprise, Fundraising, Pat Walsh

SAN DIEGO, June 9, 2021 /PRNewswire/ -- Classy , a Public Benefit Corporation that creates world-class fundraising software for nonprofits, unveiled the Top 50 Finalists for the 2021 Classy Awards, honoring today's most innovative nonprofits and social enterprises.

Key Points: 
  • SAN DIEGO, June 9, 2021 /PRNewswire/ -- Classy , a Public Benefit Corporation that creates world-class fundraising software for nonprofits, unveiled the Top 50 Finalists for the 2021 Classy Awards, honoring today's most innovative nonprofits and social enterprises.
  • From this prestigious list of Finalists, the appointed Leadership Council , a distinguished group of social sector leaders and executives, will further evaluate and determine this year's winners.
  • Lifetime Achievement Award: one individual will be recognized for excellence over a lifetime of service in the social sector.
  • Classy also hosts the Collaborative conference and the Classy Awards to spotlight the innovative work nonprofits are implementing around the globe.

Patriot Capital Joins United Nations Principles for Responsible Investment as Signatory

Retrieved on: 
Wednesday, June 9, 2021
Economy, Ethical investment, Articles, Ethical banking, Finance, Environmentalism, Corporate social responsibility, Social finance, Environmental, social and corporate governance, Socially responsible investing, Principles for Responsible Investment, Investment

BALTIMORE, June 9, 2021 /PRNewswire/ -- Patriot Capital, a multi-strategy middle market investment firm, announced today that the firm has become a signatory to the UN's Principles for Responsible Investment (PRI).

Key Points: 
  • BALTIMORE, June 9, 2021 /PRNewswire/ -- Patriot Capital, a multi-strategy middle market investment firm, announced today that the firm has become a signatory to the UN's Principles for Responsible Investment (PRI).
  • While ESG investing has recently grown in popularity, Patriot has been operating with an implicit responsible investing lens for over 20 years," said Charles McCusker, managing partner at Patriot Capital.
  • "Our Responsible Investing framework guides our entire investment lifecycle from initial deal sourcing and screening, through due diligence, and during the life of a portfolio company investment," added Stacey Wittelsberger, principal at Patriot Capital.
  • Patriot Capital utilizes a disciplined investment strategy developed over many years that focuses on capital preservation, consistent earnings growth, and income generation.

First Nations Report Showcases How to Attract Investment to Canada

Retrieved on: 
Tuesday, June 8, 2021
Social finance

The report and associated Top 10 list summarize outcomes from the recent Indigenous Sustainable Investment Conference attended by over 1,500 participants.

Key Points: 
  • The report and associated Top 10 list summarize outcomes from the recent Indigenous Sustainable Investment Conference attended by over 1,500 participants.
  • Emerging from the conference was a tremendous amount of thought leadership and a roadmap a roadmap for investing in Canada.
  • Both investors and Indigenous thought-leaders are observing a sea-change in the investment landscape when it comes to Indigenous-led equity investment.
  • I encourage everyone to read our newly released Roadmap for Investing in Canada report , says JP Gladu, Advisor, FNMPC & Principal, Mokwateh.