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Toronto Foundation is investing in social and environmental change in Ontario

Toronto Foundation | January 2019

toronto foundation social impact investing - Toronto Foundation is investing in social and environmental change in OntarioToronto Foundation has long been dedicated to supporting positive social and environmental change to make life more equitable for everyone. Now, for the first time in our history, we are excited to offer Social Impact Investments to the public through an open call for proposals.

These one-time investments, made in partnership with MaRS Centre for Impact Investing, will range from $250,000 to $1,000,000 and will go to approximately five Ontario-based organizations that are creating positive social and environmental change for people across Ontario. A total of approximately $1.6M will be invested.

The 2019 Social Impact Investment call for proposals is now open and will close at 5 p.m. on Wednesday, February 20, 2019.

Access the submission guidelines (here) and application form (here). 

If you have questions about applying, please direct them to Jaymin Kim at jkim@marsdd.com with subject line “Question: Toronto Foundation Social Impact Investment” by 5pm on Friday, January 25, 2019. Answers to all questions received will be posted on Toronto Foundation’s website on Wednesday, January 30, 2019.

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What is Social Impact Investing?

Social impact investing, also known as social finance or impact investing, is designed to generate both a positive social/environmental impact and a financial return. To learn more about Toronto Foundation’s work in Social Impact Investing, click here.


Who can apply?

The following organizations are eligible to apply for social impact investments:

  • Incorporated not-for-profit organizations
  • For-profit organizations with public benefit clearly demonstrated
  • Registered business in Ontario as sole proprietorship, partnership or co-operative with public benefit clearly demonstrated

All organizations must be headquartered in Ontario and generate impact that directly accrues to Ontarians.

For a detailed list of eligibility criteria, please see Phase 1 on the application form.


What does my application need to include?

Your application submission should include:

  • An initial intention to submit email, sent to Jaymin Kim at jkim@marsdd.com by 5 pm on Friday, January 25, 2019
  • A completed application form, sent to Jaymin Kim at jkim@marsdd.com with subject line: “Application: Toronto Foundation Social Impact Investment” by 5 p.m. on Wednesday, February 20, 2019

Your completed application form should present your argument for why your organization should receive impact investment funds. It should emphasize your impact (both financial terms and social benefits), the plan of action, and clearly demonstrate how the investment will be repaid. For more detailed information, see the submission guidelines and application form.

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NCFA Jan 2018 resize - Toronto Foundation is investing in social and environmental change in Ontario The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

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