BCF launched our Invest For More impact investing program in 2018, committing up to 4% of our Long Term Pool annually to programs that yield a financial return of roughly 3% alongside measurable social and economic benefits for underserved communities. Initial investments included Enterprise Community Partners Impact Notes; Reinvestment Fund Notes; and RBC Access Capital Mutual Fund. Since then, BCF has deployed more than $4.5 million for affordable housing projects, grocery stores, green spaces, small business loans and more.
Not only does Invest for More dedicate millions of dollars in BCF’s investment portfolio, but BCF donors and the general community have the opportunity to be part of the program in one of three ways: (1) Make a gift to the Invest for More Fund; (2) Invest from a donor-advised fund in the BCF Impact Pool or (3) Open a specialty donor-advised fund to co-invest with BCF and extend the impact.
Contact one of our Donor Services Officers below to get involved and learn more here: