4024 O’Hara Street
Pittsburgh
PA 15206
Amidst a sea of social challenges and demands on their resources, funders have forged different approaches to achieve greater impact for their dollars and consequent social change. Some funders have expanded their financial resources with investments and strategies along the continuum of impact investing instruments. Others are adopting longer-term capacity-building strategies to insure that grantees have the bandwidth to tackle complex social problems – addressing the capitalization and business models of nonprofits. Both approaches merit attention, especially now as key national initiatives offer lessons learned, traction gained and early results.
The Philanthropy Forum at GSPIA, GWP, The Forbes Funds and Greater Pittsburgh Nonprofit Partnership (GPNP) are collaborating to present a series of programs focused on investing for greater impact. The first session, held in January 2015, explored the topic of impact investing/mission investing. In this second session, we will consider deeper capitalization strategies.
This panel will feature the longitudinal experience of a national foundation in a specific sector and two nonprofits that have directly benefitted from deeper capitalization strategies to increase their capacity and mission effectiveness over time. How can capital be aggregated and grown to support more scalable results? What are the tangible links between capacity and results? How is risk calibrated and shared? Join us to learn from the experience of a leading foundation, two nonprofit partners and a national social policy research organization:
Keynote: How Can Funders Best Work Together to Build Organizational Capacity?
- Chuck Harris, Portfolio Manager, Director of Capital Aggregation, Edna McConnell Clark Foundation
What We’ve Learned About Tapping Growth Capital
- Dan Cardinali, CEO, Communities in Schools
- Michele Ridge, board member, Nurse-Family Partnership
- Tamar Bauer, Chief Policy and Government Affairs Officer, Nurse-Family Partnership
What Evaluation Can, Can’t and Must Reveal
- John Martinez, Deputy Director of Program Development, MDRC
Local respondents will offer their thoughts on how capitalization strategies and impact investing tools are being applied or considered here in Pittsburgh.
- Gregg Behr, Executive Director, The Grable Foundation
- Leon Haynes, Executive Director, Hosanna House
As always, there will be time for audience questions and dialogue.
