Our impact investment work includes mission- and program-related investments to support intermediaries and impact-driven enterprises working around the world, as well as grants to organizations and academic institutions that are building knowledge and connection throughout the field and advancing the practice of impact measurement and management.
Representative Impact Investments
ANKUR CAPITAL FUND II
2020 | $7,500,000
Program-related investment to provide early-stage capital to innovative businesses in agritech, food, healthcare, education, financial inclusion, and logistics that improve the lives of underserved, low-income people in India.
CAST US (THROUGH ARC CHICAGO, LLC)
2021 | $10,000,000
Program-related investment to support a $70 million fund that seeks to bridge the capital and resource gap impacting Black, Latinx, and women entrepreneurs in Chicago’s South and West Side neighborhoods. This investment was made by Arc Chicago, LLC, an impact investment fund created to implement the Benefit Chicago initiative, a collaboration between the MacArthur Foundation, The Chicago Community Trust, and Calvert Impact Capital.
CHICAGO TREND REAL ESTATE FUND LP
2020 | $2,000,000
Program-related investment to support a newly created real estate investment fund focused on acquiring shopping centers and other retail properties located in key commercial corridors predominantly in the city of Chicago as well as other targeted cities using a community ownership model.
EARTHSHOT VENTURES FUND I LP
2022 | $3,000,000
Mission-related investment to support Earthshot Ventures Fund I LP to invest in early-stage ventures that are working on the development of technologies with significant relevance to climate change mitigation.
EIP ELEVATE FUTURE FUND I LP
2023 | $2,000,000
Mission-related investment into the EIP Elevate Future Fund I LP, an investment fund that is supporting a generational transformation towards a cleaner, more resilient energy future with investments that sit squarely at the intersection of the energy transition and diversity, equity, and inclusion.
RAVEN INDIGENOUS IMPACT FUND II LP
2022 | $2,995,000
Program-related investment in the Raven Indigenous Impact Fund II LP to provide culturally appropriate equity and equity-like capital to innovate scalable Indigenous social enterprises that generate measurable benefit streams for Indigenous Peoples in North America.
Representative Grants
AFRICAN AMERICAN ALLIANCE OF CDFI CEOs
2022 | $350,000
To support general operations for a coalition of over 50 Black-led community development financial institutions (CDFIs) committed to the support and growth of Black communities and the Black executives leading CDFIs that serve those communities.
LATINX VC
2023 | $100,000
To support strategic planning for one of the first non-profit organizations focused on growing and supporting the Latinx venture capital ecosystem.
MISSION INVESTORS EXCHANGE
2021 | $470,000
To support a membership network of more than 260 foundations by providing information, resources and a platform for learning, dialog, and collaboration among its members, including sponsorship for its 2021 conference.
NEW VENTURE FUND
2023 | $1,000,000
To provide flexible support for the Tipping Point Fund, a collaborative vehicle that is funded by a group of leading American foundations with a shared commitment to practicing and promoting impact investing.
SOCIAL GOOD FUND
2023 | $300,000
To support their fiscally sponsored project, HBCUvc seeks to expand racial and ethnic diversity in the venture capital field. .
THE UNIVERSITY OF NEW HAMPSHIRE FOUNDATION
2021 | $125,000
To support the Carsey Center for Impact Finance’s efforts to facilitate an effective and optimal engagement of community development institutions as part of the implementation of the Greenhouse Gas Reduction Fund.
