Part and parcel of any philanthropic local investing practice is due diligence: the process of determining whether a deal can meet an organization’s risk, return, and community impact expectations. This month, we examine due diligence and how foundations interested in creating equitable prosperity can reimagine the practice into an instrument grounded in equity values.
LOCUS President Sarah Stremlau discusses the Community Investment Guarantee Pool (CIGP) in a new blog article that explores guarantees as a tool for impact and the program's progress to date.
As we close the door on a tumultuous 2020, it's important to pause, breathe, and take stock. Rife with challenge as this year was, it's easy to lose sight of the brighter moments, examples of resiliency and progress amid seemingly insurmountable crises. With 2021 on the horizon, we at LOCUS hope you and yours are able take the time to look back and that, even if circumstances are still far from normal, you have a happy holiday season. Click to read a full statement from LOCUS President Sarah Stremlau reflecting on the year and what's ahead.
This month, we take a look at the Community Investment Guarantee Pool (CIGP) and its year in review. Communities and stakeholders across the United States experienced a difficult 2020, a challenge CIGP answered with the deployment of multiple guarantees for impact in its target sectors while continuing to build capacity and infrastructure.
We chat with the Albuquerque Community Foundation about the organization's efforts to promote diversity and antiracism.
On this month's LOCast, we sidebar with Opportunity Virginia's Becca Richardson to recap the project's inaugural year and look forward to what's next for Virginia's premiere Opportunity Zone marketplace.
LOCUS and its foundation partners are bringing their experience on a changing philanthropic culture through recent talks with CNote and the Indiana Philanthropy Alliance. This month, LOCUS team members Lisa O'Mara and Travis Green discuss how foundations are reshaping their culture and strategy to meet new goals for impact.
This month, LOCUS dips into its well of rural experience to talk with LOCUS Senior Vice President Deb Markley and the UNC School of Government's Brian Dabson to discuss their new project, "Regional Solutions for Rural and Urban Challenges."
Deb Markley shares resources for foundations seeking to understand how their work can help facilitate the recovery and resiliency of stakeholders in a post-COVID-19 world.
Deb Markley discusses the role for community philanthropy in supporting stakeholders during COVID-19
This month, we announce big changes at LOCUS: the transformation of our scope and expansion of our leadership.
This month, we talk about the launch of the first guarantee pool for community investments in the US.
This month on our blog, we reflect on 2019 and look ahead to 2020.
We break down the essential elements to consider when designing a PRI servicing program.
This month, we share our reflections from the successful launch of Opportunity Virginia. The event generated significant buzz and enthusiasm about the future of the Opportunity Zone program as well as facilitated connections that could lead to impact through investment.
This month, we share a story from Virginia Community Capital (VCC), LOCUS' parent company, about how a creative impact investment from a private foundation allowed a CDFI to further its mission of ending poverty in Appalachia.
This month, LOCUS shares how to get up to speed on place-based impact investing.
This month, Travis Green shares updates on a new tool for foundations interested in pursuing place-based impact investing.
This month, LOCUS Staff share what their takeaways from convenings on place-based impact investing around the country.
This month, LOCUS Advisor Ed Gerardo shares a new perspective on achieving better health outcomes in under-served communities through local impact investing.
This month, Cathy Berry of The Sandy River Charitable Foundation shares her organization's impact investing journey. LOCUS is grateful to have friends like Cathy at The Sandy River Charitable Foundation, and we thank her for sharing their story.
Travis Green, LOCUS' Solutions Consultant, discusses how and why place-based impact investing "catches" between philanthropic institutions.
This month, Amy B. Robinson, Vice President, CFO, and Chief Administrative Officer of the Kresge Foundation, shares with LOCUS her blog describing the Foundation's experience with impact investing in practice and the lessons learned along the way.
This month, Adam Northup, LOCUS Financial Strategist, checks in on Opportunity Zones, their potential for positive change, and possible pitfalls.
This month, we take stock of the LOCUS journey and think ahead towards local impact investing in 2019.
This month we asked Stephanie Randolph, Impact Appalachia and Cassiopeia Foundation, to share her reflections on SOCAP18, held Oct. 23-26 in San Francisco.
Guest writer Bobby Thalhimer reflects on the impact that place-focused foundations have using traditional tools and challenges them to consider new ways to achieve impact in communities.
Guest writer Adam Northup, LOCUS Advisor, shares what every Community Foundation should know about Opportunity Zones. Created by the new tax law, this new tool has the potential to revitalize left behind communities.
Bonny Moellenbrock, LOCUS' advisor, shares insights on how Community Development Loan Funds (CDLFs) can be used for impact investing.
Sydney England interviews Sherry Magill and Chris Crothers of the Jessie Ball duPont Fund and discovers how place-based impact investments allowed a foundation to realize the vision of two extraordinary women.
Deb Markley, LOCUS Senior VP, reflects on LOCUS' experiences at the 2018 annual Mission Investors Exchange and the field of impact investing.
Across the United States, LOCUS estimates that $9 trillion will transfer from one generation to the next by 2029. Travis Green, LOCUS Solutions Consultant, and Deb Markley, LOCUS Senior VP, highlight how foundations are exploring alternatives to traditional grant making as recent data heralds changes to the United States' philanthropic landscape.
The Ann Arbor Area Community Foundation has achieved remarkable success. In the last three years, the foundation has witnessed remarkable growth even when adjusted for market performance. Assets of the foundation have grown 80%, and, as a result, the foundation’s grantmaking has almost doubled. Learn more in this article by LOCUS' own Travis Green.
In this article by Amber Larsen, Executive Director of Intermountain Impact Investments, find out how the Humboldt Area Foundation has been demonstrating the possibilities and successes of place-based impact investing for more than a decade.
LOCUS Senior Vice President Deb Markley illustrates the growing attention to local investing within the global phenomenon of impact investing.
Guest blogger, Robert Thalhimer, The Monument Group, shines an optimistic light on the future of philanthropy.
This post features a story of how partnerships converged to serve a multigenerational family farm established shortly after the Civil War by a freed slave. The story highlights one path foundations can choose as they consider a role in local impact investing--finding a trusted, mission-aligned CDFI partner.
Don Macke offers thoughts on his personal search for solutions to the challenge of rural community prosperity in this blog post.
Deb Markley, Co-Founder and Managing Director of the Center for Rural Entrepreneurship and Senior Vice President of LOCUS, discusses why she is so passionate about rural economic development and what she sees for its future.
Teri Lovelace, LOCUS President, writes about finding her passion for social finance and mission investing.