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Updated: 42 min 11 sec ago

RE: Impact Investment Funds

Sun, 2019-08-18 22:50
From : Communities>>Open Forum
I would love to see the survey too.  Sounds like an interesting OFN conference topic.  We have  notes program that is mostly being purchased by corporations and foundations, a few individuals.  I would love to hear if anyone has a nice software tool to track and even communicate with investors. ------------------------------ Julie Mahowald Chief Financial Officer Housing Trust of Silicon Valley San Jose CA (408) 436-3450 ------------------------------

RE: Impact Investment Funds

Sun, 2019-08-18 09:56
From : Communities>>Open Forum
Capital Impact Partners published an article on this topic in the Stanford Social Innovation Review.  I'm sure our CFO would be happy to chat:  https://www.capitalimpact.org/stanford-social-innovation-review-how-nonprofits-can-tap-into-the-impact-investment-market/ ------------------------------ Jason Anderson Sr. Director, Marketing & Communications Capital Impact Partners Arlington VA (703) 647-2308 ------------------------------

RE: Impact Investment Funds

Sat, 2019-08-17 14:23
From : Communities>>Open Forum
Hi Kim - in our experience, before approaching any investor, you need to first answer two questions - (1) how much capital do we want deploy over the next five years; (2) do we know exactly what it will take to scale up?; and (3) how do we define and measure impact? In our experience, the first step is to prepare a 5 year financial model (growth forecast) tied to a goal ($5million? $10 million?) for capital deployment. That wil tell you what it will take - in each year - in terms of capital, operating, [More]

RE: Impact Investment Funds

Fri, 2019-08-16 15:56
From : Communities>>Open Forum
Hi Liz. I hope you are doing well. If you are willing to share that survey information, I would love to see it. We are getting some requests to increase the interest we pay, but between us not being desperate for a faster rate of capital acquisition and the expected lowering rate environment, we're holding the line for now. Thank you! ------------------------------ Micha Josephy Executive Director Cooperative Fund of New England MA micha@coopfund.coop ------------------------------

RE: Social Impact Measurement System

Fri, 2019-08-16 14:12
From : Communities>>Open Forum
I appreciate this thread.  I share Tameka's sense that theories of change that call out what organizations seek to achieve and viable short- and long-term output and outcome measures can be illuminating.  Well-constructed theories of change also can help organizations avoid collecting (and/or relying on as proxies of their own "impact") output and outcome measures that organizations have limited agency in achieving and/or that are tangential to their work. A challenge in this is that the bulk of [More]

RE: Impact Investment Funds

Fri, 2019-08-16 12:48
From : Communities>>Open Forum
I am happy to discuss Invest Local Ohio, a State of Ohio Div of Securities registered investment vehicle that allows individual Ohio based investors invest in a fund that is deployed to micro and small businesses throughout Ohio. There is a 1000 dollar minimum and 3 year investments return 2% to investor, 5year investment returns 3 %. i am happy to share details and outcomes if you so desire. 614-559-0113 steve ------------------------------ Steve Fireman President and General Counsel Economic & [More]

RE: Impact Investment Funds

Fri, 2019-08-16 12:13
From : Communities>>Open Forum
Hi Kim, I'd be happy to chat with you. CEI has a 10-year-old investment note product and we're nearing $10 million in capital under management from accredited investors. I also just completed a survey of other CDFIs about their notes products. Best, Liz Elizabeth Rogers Chief Communications Officer Email: Elizabeth.Rogers@ceimaine.org Tel: 207-504-5890 Mobile: 207-632-7693 www.ceimaine.org Coastal Enterprises, Inc. 30 Federal St Brunswick , Maine 04011

RE: Impact Investment Funds

Fri, 2019-08-16 11:03
From : Communities>>Open Forum
Hi Kim, We have a program like that set up and would be happy to discuss. Send me an email and we can schedule a time to talk. kfryatt@wacif.org Kevin Fryatt Director of Finance and Administration Washington Area Community Investment Fund (Wacif) Sent from my iPhone

Impact Investment Funds

Thu, 2019-08-15 13:34
From : Communities>>Open Forum
We are considering creating a vehicle that would allow individuals to make investments with us to help address our mission and are eager to speak with other CDFIs who may have already set up such a program.  We would be very grateful to hear from anyone who is willing to share their experiences. ------------------------------ Kim Jacobs President/CEO Community Capital New York Elmsford, NY 914 747 8020 ------------------------------

Measuring the Social Impact of Corporate Investments - Social Impact Measurement Model

Wed, 2019-08-14 09:56
From : Communities>>Open Forum
Corporate Social Impact Measurement Model Deloitte United States remove preview Corporate Social Impact Measurement Model Cities clamor for corporate investment, even as the social impact of such spending typically remains uncertain. Companies want to increasingly be able to communicate such benefits to shareholders and other stakeholders. View this on Deloitte United States > https://www2.deloitte.com/us/en/pages/consulting/solutions/corporate-social-impact-measurement-metrics.html [More]

RE: Social Impact Measurement System

Tue, 2019-08-13 10:05
From : Communities>>Open Forum
Hi Joyce, I appreciate your reply.  Sorry for my delayed response, I took some much needed time off and disconnected.  I'm glad to see others are also thinking about this as well.  Yes, this can be an expensive undertaking. However, I'm challenged with asking how might we support leaders and organizations understand outcomes and the desired impact they hope to have on small businesses and even the communities they are serving in a way that can be implemented internally with a lean approach?  I believe [More]

RE: Social Impact Measurement System

Tue, 2019-08-13 09:40
From : Communities>>Open Forum
Thanks for sharing this,  I'm going to check it out. ------------------------------ Tameka Montgomery CEO Core Strategy Partners, Inc. TAKOMA PARK MD 3037488040 ------------------------------

RE: Seeking Sample Photo/Video Release Form

Mon, 2019-08-12 10:30
From : Communities>>Open Forum
Thank you, Heather! This is really comprehensive and helpful.  Also, thank you to everyone who sent me versions via email offline. There are more similarities than differences - the only significant difference is the length. Some are as short as three sentences and others are a full page. One of the reasons I turned to the community is because an informal survey of entities (for and nonprofit) in my immediate area yielded little - several that I approached are not using any type of release or waiver [More]

RE: Loans outside of policy

Fri, 2019-08-09 15:33
From : Communities>>Open Forum
No problem. Good luck. Sent from my iPhone

RE: Seeking Sample Photo/Video Release Form

Fri, 2019-08-09 12:31
From : Communities>>Open Forum
Here is what we use. But, we never got any guidance, we actually copied one from another lender (to be perfectly honest). ------------------------------ Heather Gurewitz Executive Director Economic Development and Financing Corporation Ukiah CA (707) 234-5705 ------------------------------

Files Attached Document
RE: Seeking Sample Photo/Video Release Form

RE: CDFI Headhunter

Fri, 2019-08-09 11:20
From : Communities>>Open Forum
Good morning Jerry - I hope you are well. My name is Tracy McMillan and I am Managing Partner of HCGA Consulting Partners. I have been in the search industry for 25 years and have specialized in the past 8 in the Affordable Housing/State HFA and related Non-Profit sectors. We have placed and retained numerous professionals for the following clients over the years: Colorado Housing Finance Authority (CFO/GC) Idaho Housing Finance Association (CFO/Controller) CalHFA (CAO/Head of Multifamily/Director [More]

RE: Loans outside of policy

Fri, 2019-08-09 10:50
From : Communities>>Open Forum
Hi Mae, I would put into policy that exceptions for loans up to a certain amount (perhaps your median loan amount) can be approved by the Executive Director, and exceptions to policy for larger loans need to go to your Loan Committee.  Regards,  Lisa Bloomquist Palmer Executive Director HomesFund 124 E. 9 th Street Durango, Colorado 81301 P 970-259-1418 F 970-259-1298 C 720-775-8252 lisa@homesfund.org ------------------------------ Lisa Bloomquist Executive Director HomesFund Durango CO [More]

RE: Loans outside of policy

Fri, 2019-08-09 10:07
From : Communities>>Open Forum
Thanks everyone! These are some good considerations for us! We had discussed separating out policy/guidelines/procedure and this might be the impetus to do so. We're also working on updating our Salesforce build so we will look at doing something similar to your approach, Mark! Thanks again! ------------------------------ Mae Humiston CDFI Manager Redbud Financial Alternatives, Inc. Hazard KY (606) 436-0497 ------------------------------

RE: CDFI Headhunter

Thu, 2019-08-08 17:38
From : Communities>>Open Forum
David Erickson-Pearson 8801 Creekside Way, #1321 Highlands Ranch, CO 80129 303-703-6165 720-244-3943 – cell epdavid@earthlink.net Erickson-Pearson Search ………….finding mission-driven leaders ------------------------------ Paul Turney President & CEO Brazos Valley Community Development Corporation, Inc. Bryan TX 979-775-4244 ------------------------------

Seeking Sample Photo/Video Release Form

Thu, 2019-08-08 12:23
From : Communities>>Open Forum
Hello Everyone,  I am on a quest for versions of photo/video release forms used by other CDFIs. We have a draft document that covers photos, videos, written testimonials, and social media posts, but it is based on versions of documents I used in previous roles and it might be too comprehensive for our needs. If you have one that you use and are willing to share, feel free to email me at BarbaraAnne@CBACLenders.com. If you don't have one and would like to see what we have drafted, let me know and [More]

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