The Oregon Community Foundation’s Oregon Impact Fund lends to nonprofit organizations and for-profit social ventures in Oregon that create quantifiable impact in the areas of affordable housing, education, health care access, natural resource management and job creation in underserved communities.
Combining $10 million in donor commitments with $10 million in OCF endowment funds, the $20 million Oregon Impact Fund invests primarily through intermediaries – funds or financial institutions that receive investment and then re-lend to businesses, nonprofits and individuals. While the Fund focuses primarily on intermediaries with a proven track record of social impact and repayment of investment funds, in certain cases the Fund will also consider direct investments in individual projects or newer intermediaries.
The Oregon Impact Fund’s investments include:
Community LendingWorks: a certified nonprofit community development financial institution with a mission to provide access to capital, credit and financial services to develop strong and healthy people, small businesses and neighborhoods.
Craft3: a certified nonprofit community development financial institution with a mission to strengthen economic, ecological and family resilience in Pacific Northwest communities.
Micro Enterprise Services of Oregon: a certified nonprofit community development financial institution that provides capital and mentoring to small business entrepreneurs, focusing on women, immigrants and communities of color.
Network for Oregon Affordable Housing: a certified nonprofit community development financial institution with a mission to increase Oregon’s supply of affordable housing and strengthen Oregon communities.
Investments range from $500,000 to $2,000,000 with terms of five to ten years. Investment diligence and terms for each opportunity are reviewed in detail by OCF’s Strategic Opportunities Committee and approved by the OCF Board.
If you would like more information on what kind of opportunities are a good match for the Fund, or if you would like more information on participating in the Fund through a Donor Advised Fund, please contact: