Impact Investing
Impact Investing
Next Steps
As part of our ongoing commitment to enhancing the support we provide to our nonprofit community, the Community Foundation of Jackson Hole has initiated a learning journey aimed at identifying new ways to offer low-cost capital to nonprofits within our community. To achieve this, we have partnered with Impact Finance Center to explore Impact Investing and Financial Innovation, with the goal of bringing additional resources to the important programs of our nonprofit community.
What is the goal?
Create a program that makes investments in our community with the intent to generate positive, measurable community Impact. Impact Investments provide a new avenue of support for our community nonprofits and a new philanthropic vehicle for our donors.
What is the process?
- Hire a Consultant (Impact Finance Center) to lead Educational Process
- Educate our Staff, Board and Working Group Members
- Complete Scans: Community Scan of Nonprofits to Assess Need; Intermediary Scan with Banks to Identify Partners
- Match Opportunities with Intermediary Support to structure First Investment
- Provide Investor Education for Fundholders, Private Foundations, and Individuals.
- Aggregate Capital and other Investment Tools with a Financial Institution Partner(s) to streamline the receipt, review and origination of Investment Opportunities on a rolling basis.
What is the community need?
In the summer of 2024, the Community Foundation surveyed local nonprofits to better understand their financial needs and how Impact Investing may benefit their organizations.
24 respondents said they would utilize a recoverable grant to hire fundraising staff.
17 respondents said they would utilize funds to upgrade existing assets.
7 respondents said they would utilize a ‘pay as you save’ loan program.
5 respondents said they would utilize funds to refinance outstanding debt.
8 respondents provided additional investment ideas.
Contact Erin Lusins, Chief Finance Officer, with questions at elusins@cfjacksonhole.org.
Webinar on Impact Investing for Nonprofits
On September 30th, the Community Foundation of Jackson Hole and Impact Finance Center co-hosted a webinar for nonprofits to discuss the work we are undertaking and to answer any questions. A recording of the webinar is available here. Please note that you will need to create a login to access the recording.