Seattle Foundation Blog

Announcing Three New Impact Investing Opportunities

A growing channel for philanthropy, impact investing provides the opportunity for both a social and financial return by investing in local projects.


May 24, 2017

After tremendous success in investments over the past decade, Seattle Foundation is excited to announce three new impact investing opportunities: Forterra, Craft3 and Global Partnerships.

Forterra
Forterra is the state of Washington’s largest land conservation, stewardship and community building organization dedicated solely to the region. The organization works with local communities and partners to drive policies promoting livable cities that can accommodate our growing numbers while maintaining a good quality of life for all residents. It also restores and maintains urban green spaces and envisions new uses for properties on which healthy, green mixed-use projects can be built close to transit corridors and town centers. Forterra’s work aligns with Seattle Foundation’s priorities in the areas of economic opportunity and the environment in King and Pierce counties.

The Forterra Strong Communities Fund buys and deploys targeted community real estate to grow neighborhoods in King and Pierce counties into welcoming and affordable places for all and to keep ecosystems vital. 

Craft3
Craft3 is a nonprofit Community Development Financial Institution (CDFI) lender with a mission to strengthen economic, ecological and family resilience in Pacific Northwest communities. The organizations provides specialized loans to entrepreneurs, nonprofits and individuals who do not have access to traditional financing. Craft3 then complements these financial resources with expertise, networks and other advocacy for its clients. Craft3’s work focuses on Seattle Foundation’s priorities in the areas of economic opportunity and the environment.

The Craft3 Community Impact Investment Note is a revolving loan fund and 100 percent of Note proceeds are lent to Craft3 borrowers, including entrepreneurs, nonprofits, individuals and others who do not normally have access to financing. 

Global Partnerships
The objective of Global Partnerships’ Social Investment Fund 6.0 is to expand opportunity for people living in poverty. Fund 6.0 makes loans to social enterprises, including: microfinance institutions, cooperatives, global development NGOs and social businesses that require working capital to deliver essential products and services to households living in poverty. Global Partnerships’ work fits into Seattle Foundation’s Global Giving impact strategies and priorities.

Global Partnerships' Social Investment Fund 6.0 will make loans to social enterprises, including microfinance institutions, cooperatives, global development NGOs and social businesses that require working capital to deliver essential products and services to households living in poverty.

Impact Investing is an innovative approach for philanthropists who wish to expand their impact beyond grantmaking to include direct investment of their philanthropic dollars into projects and endeavors that further the public good.

For more information or to get started with impact investing, contact Allison Parker (206.515.2128 or email) or Michael Brown (206.515.2132 or email).

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