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June 2021 Newsletter

Invest Appalachia in Action

Innovating Community Capital in Central Appalachia
At LOCUS, we've spoken at length about the need for philanthropy to "rise to the current moment," going beyond traditional grantmaking to leverage more dollars for impact. That spirit is evident in Invest Appalachia, a new fund advancing the infrastructure impact investors need to redefine the relationship between community and capital in the central Appalachian Region.

Check out our latest article here to learn how Invest Appalachia pairs catalytic and investment capital, grant funds, and dollars raised by impact investors, in an effort to advance economic opportunity and address inequities.

LOCUS Focus

Impact Investor Spotlight:
Arkansas Community Foundation

 
With the need for capital more pressing than ever across all sectors, the Arkansas Community Foundation and its board stepped in to address those capital needs. In March, the foundation approved two new impact investments to meet community stakeholders where they are. The first loan supported a small fintech company called Pay Your Tuition (PYT) that makes last-mile college loans to students attending an Arkansan HBCU. The second went to People Trust Community Loan Fund to bolster the organization's PPP lending.
News from the Field
 
Healthcare Georgia Foundation makes three new PRIs targeting the social determinants of health as part of its Strategic Health Impact Investment effort.

The Bridgespan Group highlights impact-first impact investing, an impact investing strategy giving added weight to social returns over their market corollaries, and how the practice is implemented by high-net-worth individuals, family office directors, fund managers, and intermediaries.

In a recent brief, Asset Funders Network surveys how foundations can seize the moment and leverage their resources for racial equity, mapping just pathways towards economic resilience.

GIIN CEO and Founder Amit Bouri reflects on the pandemic one year later from an impact finance perspective, stressing the need to address systemic gaps and challenges from multiple angles.

The Ford Foundation commits another $1 billion to its Building Networks and Institutions Initiative. The program's structure, a flexible grant allowing recipients to spend the funds as they see fit, has proven successful over the past year.
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LOCUS Capital, Inc. is a Registered Investment Advisor Firm. Advisory services are only offered to clients or prospective clients where LOCUS Capital, Inc. and its representatives are properly licensed or exempt from licensure. LOCUS Capital, Inc. and its representatives do not furnish investment advice or services through this website. Past performance is no guarantee of future returns.

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