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: The Fund for Sustainability : For Foundations and Donors
For Foundations and Donors
Recognizing that some foundations or donors do not have the expertise or time to evaluate, structure, monitor and manage PRI investments - or may simply prefer to utlize the expertise and experience of an intermediary -- the Center for Applied Philanthropy (CAP) provides a real time “laboratory” for institutions and individuals to partner in PRIs with the level of risk appropriate to their mission through its Fund for Sustainability (TFS).
TFS provides institutions and individuals an easier way to make PRI investments that support critical working capital and programmatic needs - helping the nonprofits in which they invest generate more sustainable programmatic outcomes. These PRI investments also help foundations, families and individuals to leverage their philanthropic dollars and help create a self-perpetuating stream of funding, as its PRIs are made, repaid, and reinvested with other nonprofits.
For TFS investors, once commited to a project, TFS underwrites that project and guarantees its capital commitment. From due diligence to funding, TFS mentors, monitors and holds accountable its funded projects. TFS also seeks - where appropriate - side by side grant dollars from relevant foundations or individuals whose capital can complement TFS’ investment. Those interested in participating can consider investing in TFS in a SENIOR or SUBORDINATED position.
If you are interested in learning more about investing in The Fund for Sustainability (TFS), please contact Jim Bildner, Managing Director, jbildner@tpi.org, 617-737-1100 ext 1
CAP also works a handful of carefully selected nonprofits with whom we have conducted thorough due diligence and know to be “deal-ready”. Foundations or donors can speak to CAP about potential PRI investments with our current portfolio of nonprofit organizations.
* Calvert Social Investment Foundation, a 501(c)(3) nonprofit, offers the Community Investment Note, a 1-10 year note earning up to 3 percent interest. The Community Investment Note is subject to certain risks, is not a mutual fund, is not FDIC or SIPC insured and should not be confused with any Calvert Group, Ltd.-sponsored investment product. The Fund for Sustainability is made possible through special programmatic targeting offered through the Community Investment Note. This is neither an offer to sell nor a solicitation of an offer to buy these securities; the offering is made only by the prospectus, which should be read before investing.
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