Why investing in impact organizations makes sense:

Impact organizations and social enterprises are designed to solve today’s challenges. They put the mission and mandate at the core of the work they do, are grounded in community, and benefit from the goodwill of many. Many are decades old, with considerable track records of impact with steady operations and leadership. They come in all incorporation structures, using blended governance to achieve their goals. And they face barriers to accessing financing, for a number of reasons:

  • Lack of collateral or personal guarantee
  • Blended revenues are not well understood
  • Outdated myth that sees impact as ‘risky’ (not true!)
  • Risk-averse governance models

However, more and more impact organizations are developing steady revenue streams and innovative social enterprises are taking root. With 1500+ such organizations on Vancouver Island that fit TIF’s target investee profile, there are a lot of untapped opportunities in this under-capitalized market.

Let’s talk ‘non-profit’. ‘Non-profit’ is a legal term that describes a specific incorporation type. It is not a restriction on revenue generation or profits. The key difference is that non-profits can not pay profits out to shareholders as there are no shares to hold. Their profits must be redirected back into their operational expenses and achieving their mission and mandate for the well-being of the community. Charities are similar. 

Structure

Investment opportunity available to accredited investors, held in 2 preferred share classes through BC Benefit Corporation.

Investment Terms
  • Initial investment period of 7 years, up to 2 years to deploy, and 5 year investment period
  • Target annual return of 3%
  • Redemption available at end of the initial term or ongoing investment

Some investors provide principle-only catalytic capital, that supports early revenue investees.

Thrive Impact Fund Term Sheet

This term sheet provides a summary of information on the Thrive Impact Fund investment offering. Get in touch for current terms.

CONTACT US

Impact Investment Landscape

Thrive Impact Fund sits solidly within the impact investing landscape by offering flexible debt that bridges impact investing and grantmaking.
This type of capital is referred to as ‘catalytic’- it leverages both philanthropic and investment dollars by drawing on the best of both.

“…Patient, flexible, risk-tolerant financing that sometimes accepts lower returns to accommodate the economics of high-impact organizations that are profitable, but not necessarily profit-maximizing.” Catalytic Capital – MacArthur Foundation, 2017

IMPACT INVESTING ↓

Traditional Investing

Limited focus on environmental sustainability and governance (ESG) factors

Responsible Investing

ESG risks integrated into analysis of all holdings

Socially Responsible Investing

Negative and positive screening of ESG risks used to align a portfolio to specific values

Finance First

Focus on one or more issue areas where social or environmental needs create market opportunities

Impact First

Focus on one or more issue areas to achieve social or environmental change while generating reasonable financial returns

Community Investing

Socially motivated investment where priority is placed on maximizing social impact and generating below market returns

THRIVE IMPACT FUND’S CAPITAL TARGET ↑

Impact Investment Landscape

Thrive Impact Fund sits solidly within the impact investing landscape by offering flexible debt that bridges impact investing and grantmaking.
This type of capital is referred to as ‘catalytic’- it leverages both philanthropic and investment dollars by drawing on the best of both.

“…Patient, flexible, risk-tolerant financing that sometimes accepts lower returns to accommodate the economics of high-impact organizations that are profitable, but not necessarily profit-maximizing.” Catalytic Capital – MacArthur Foundation, 2017

Traditional Investing

Limited focus on environmental sustainability and governance (ESG) factors

Responsible Investing

ESG risks integrated into analysis of all holdings

Socially Responsible Investing

Negative and positive screening of ESG risks used to align a portfolio to specific values

IMPACT INVESTING ↓

Finance First

Focus on one or more issue areas where social or environmental needs create market opportunities

IMPACT INVESTING + THRIVE IMPACT FUND’S CAPITAL TARGET ↓

Impact First

Focus on one or more issue areas to achieve social or environmental change while generating reasonable financial returns

IMPACT INVESTING + THRIVE IMPACT FUND’S CAPITAL TARGET ↓

Community Investing

Socially motivated investment where priority is placed on maximizing social impact and generating below market returns

CONTACT US TO INVEST

Thrive Impact Fund is a
subsidiary of Scale Collaborative

300-722 Cormorant Street,
Victoria BC, V8W 1P8

We respectfully acknowledge that the offices of the Thrive Impact Fund are located on the unceded, ancestral, and traditional territories of the lək̓ʷəŋən-speaking peoples, now known as the Songhees and Esquimalt Nations and W̱SÁNEĆ peoples.