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 Alex Laidlaw, Impact Investment Associate to discuss your investment opportunity.
Investments to date:
The National Music Centre borrowed $5.0M to help scale its programming and ancillary revenue streams.
Canada Day 2018 – Credit Neil Zeller
Youth Singers of Calgary borrowed $750,000 to help purchase the Performing Arts Youth Centre – a renovated 18,000 square foot warehouse with music and dance studios for youth-focused rehearsals and performances.
Eleanor Luxton Historical Foundation borrowed $500,000 for phase one of its Beaver St. Streetscape project – a site-wide renovation initiative that will restore and enhance one of Banff’s most intact contiguous historic streetscapes.
Theatre Calgary borrowed $800,000 to help launch a new adaptation of A Christmas Carol.
Photo credit: Jamie Tognazzini, Stephen Hair in A Christmas Carol, photo by Trudie Lee.
Closer to Home borrowed $2.6M to purchase land from the City of Calgary to build a mixed-use facility with therapeutic programs that promote stable, healthy and safe living environments for children and family unification.
Calgary Reads Society borrowed $800,000 to help purchase the Inglewood property where it operates the Little Red Reading House.
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.