A supplement to the impact investing guidebook

A few years ago, we set out to clear the roadblocks for foundations looking to align their portfolios for impact with the Guidebook for Foundations. We have heard foundations discussing the same obstacles again and again: Where do we start? How do I align my Board and staff? What is the legal opinion on impact investing? How are others doing this? What can we invest in? The answers were out there, but hard to find. Together with Community Foundations of Canada (CFC) and Philanthropic Foundations of Canada (PFC), we wanted to help! The Guidebook for Foundations was conceived and realized in October 2017. In the time since, we have continued to support the philanthropic community in their impact investing journey and have been told that the guidebook is a tremendous resource. We are happy to see the changes in the sector, more foundations turning their attention to impact investing, and more investment dollars creating positive change.

Foundations Investing 2.0 — a collaboration supported by CFC, PFC, Environment Funders Canada and The Circle on Philanthropy and Aboriginal Peoples in Canada and delivered by Rally Assets and SHARE — is another initiative designed to support the foundation community in this shift through education and resources.

As part of this project, this primer is an update to the guidebook. While the majority of the guidebook remains relevant today and continues to be a valuable resource, we want to provide an update on market trends, legal opinions, new products and the inspiring work of your peers.