Summary
Organization name
Impact Charitable
2014
Tax id (EIN)
47-1180598
Category
Philanthropy, Voluntarism & Grantmaking Foundations
Organization Size
Large Organization
Address
1536 Wynkoop St. Suite 223Denver, CO 80202
Denver County, CO, US
Join us in investing in our communities and building a portfolio of investments maximizing the impact of your donor advised fund. We direct dollars set aside for charity to where they are most needed through innovative financing tools focused on impact.
Testimonials
Thank you so much folks for your time, positive vibes and energy, and meaningful ideas. We really appreciate your ongoing support and kindness as we make our way forward!
David Laskarzewski, Co-Founder, UpRoot Colorado
Mission
As an Impact Capital Catalyst, Impact Charitable unlocks and accelerates capital that sparks positive change. We move more money, in more ways, to more people and places. Impact Charitable's mission is to activate charitable dollars for impact.
Impact Charitable unites catalytic philanthropists with community partners, financial institutions, foundations, social enterprises, and governmental bodies. We facilitate investments as well as providing donor advised funds that are 100% invested in impact investments benefiting the communities we serve. We specialize in place based community investments in our donor's communities through traditional and innovative investments benefiting the environment and society.
Background Statement
Impact Charitable was founded in the summer of 2014. Ed Briscoe saw donor advised funds as a source of capital that should be dedicated to impact investing. Donor advised funds in the United States now likely surpass $100 billion with few of those dollars intentionally creating positive impact. Funds set aside for charity can be held in donor advised funds for sometimes over a decade after they generate a tax deduction. In some cases, investments made with those funds may actually counteract the benefits generated by grant making if non-financial factors are not considered. It is our belief that all charitable funds should be deployed to benefit communities through impact investing until they are granted out to nonprofits working in those communities.
The official public launch of our work was in the fall of 2015. Our long-term assets are 100% invested in impact in a diver portfolio with a focus on locally targeted impact investing.
In 2017 and 2018, Impact Charitable moved into broadening and deepening our impact. We have moved our banking relationships to an impact focused bank, developed a more comprehensive and focused investment portfolio, and are launching multiple innovative local impact investments.
In 2018, Impact Charitable's key new investments projects include:
Investing in a local non-profit investing in women entrepreneurs overseas.
Serving as the lead investor and servicer in a innovative "structured exit" investment with a local social enterprise.
Supporting the creation of "private pay for success" investments, funding the growth and impact focus of emerging non-profit programs.
We continue to support the Dream Tank young entrepreneurs programs in Boulder and UpRoot Colorado's expanding gleaning network to gather healthy food and distribute it where it is most needed.
Throughout our history, we have provided impact investment education and advocacy in public and private forums. Our core program, "Spectrum Series", has continue with events focusing on affordable housing, barriers to employment, and women in clean energy.
Organization Data
Denver, CO 80202