Capital campaigns can be a slog! Most organizations face similar challenges: donor fatigue, the time it takes to raise funds, rising development costs, and concerns about falling short of your fundraising goals. But what if there were another way to raise funds for your cause?
Enter the world of impact investing! You may have read about this idea as it's starting to gain popularity, but it's been around since early 1970's. Ford Foundation started investing in nonprofits as a way of expanding capacity. In fact, the Nonprofits Insurance Alliance Group, the publisher of Blue Avocado, was an early recipient of a $500,000 loan at 2% interest in the 1980s as part of the Ford Foundation's foray into impact investing. NIAC paid that loan back with interest and 30 years later provides insurance protection to 18,000 other nonprofits and has grown to nearly $500 million in assets.