Donor-Advised Fund Impact Story: Impact Investing at the New Hampshire Charitable Foundation
The New Hampshire Charitable Foundation’s Impact Investment Fund offers a strategic way for Foundation donors to pool charitable resources, invest in their local communities and earn a financial return. The Impact Investment Fund is a pooled investment fund that makes new capital available to innovative business ventures and solid organizations that have the potential to strengthen New Hampshire communities. Working alongside the New Hampshire Charitable Foundation’s grant and scholarship dollars, this fund provides an opportunity to make sizeable, long-term investments to address issues like economic development, affordable housing and child care. It will also provide high-tech startups and small businesses access to the capital they need to succeed which strengthens the economy and creates jobs. NHCF’s website includes a number of stories describing results of the fund, including a recent effort to create energy-efficient, affordable housing for 29 families in the Upper Valley, one of the tightest housing markets in the state.