Impact Investments provide debt financing to Calgary and area charitable organizations working in all parts of the community.
A Calgary Foundation Impact Investment can…
Read the guidelines below for more information about the process and contact Calgary Foundation’s Investment Associate to discuss your investment opportunity.
Investments to Date:
- Calgary Reads Society borrowed $800,000 to help purchase the Inglewood property where it operates The Children’s Reading Place.
- Knox United Church borrowed $1.0M to help restore the façade of its building and launch a community hub in the downtown core that includes a sanctuary café.
- The Calgary South West United Soccer Association borrowed $150,000 to help cover improvements to its new indoor soccer facility.
- The Calgary Drop-In and Rehab Centre used a $3.0M secured loan to help renovate a former hotel in the community of Greenview into an affordable housing facility called Centre 4800.
- The Jack Long Foundation (JLF) used mortgage financing of $150,000 to purchase land from the City of Calgary to build Elderhouse, an affordable seniors living facility.
- Inn from the Cold Society (IFTC) used mortgage financing of $1.5M to purchase an 11-unit apartment building to expand its Journey House program. Journey House helps families transition from the organization’s emergency shelter into affordable housing.
- Autism Aspergers Friendship Society of Calgary (AAFS) borrowed $175,000 to train staff to implement new software to help autistic adults with daily independent living activities.
- The Kahanoff Centre for Charitable Activities (KCCA) built a second tower which doubles the amount of space KCCA is able to offer. KCCA approached its shareholder, Calgary Foundation, to guarantee construction ($32.3M) and takeout financing ($37.5M) and to provide a $5.0M loan to aid in the expansion.
- cSPACE transforms the 100 year-old sandstone King Edward School into a 21st Century hub for creativity. Impact Investing enabled cSPACE’s purchase of the school and its grounds with mortgage financing of $8.0M.
KCCA second tower & King Edward School – cSPACE transformation