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A new impact investing partnership between The San Diego Foundation and local nonprofit Operation HOPE – North County is recently launched to enable organizations and donors to leverage charitable donations in ways that generate a social and financial return.
Jim Howell, Chief Financial Officer at The San Diego Foundation, explains that The San Diego Foundation has been pursuing innovative investment models that broaden the type of support we can provide to the region's nonprofit community.
The San Diego Foundation made an impact investment to Operation HOPE – North County that enabled the organization to refinance a significant expense on an existing banknote, when conventional bank finance was expensive.
According to Operation HOPE – North County, the partnership with The San Diego Foundation has given them the opportunity to cover their debt with very reasonable and fair terms.
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Federal Programs Related to - Community Foundation Grants
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Federal Programs Related to - Impact Investing
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Federal Programs Related to - Program Related Investment
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Federal Programs Related to - Youth Development, General/Other
Programs that provide opportunities for children and youth to participate in recreational, cultural, social and civic activities through membership in clubs and other youth groups with a special focus on programs whose purpose is to help youngsters develop their potential and grow into healthy, educated, responsible and productive adults.
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Programs that provide a wide variety of informational, social and supportive services for children and youth. Adolescent Services; Child Welfare; Children's Social Services; Children's Services; Kinship Care; Youth Services
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