Reinvestment Fund and The Philadelphia Foundation have joined forces to offer investors a new way to revitalize their communities while earning consistent returns. PhilaImpact Fund is a fixed-income product that puts 100 percent of investments toward enhancing the growth of the greater Philadelphia region.
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PhilaImpact Fund is a Reinvestment Fund local impact program founded and anchored by The Philadelphia Foundation. With more than a century of combined experience serving Philadelphia’s communities, this partnership combines a strong track record of positive social impact with a results-driven investment approach. The Philadelphia Foundation has allocated $5 million from its endowment investment portfolio, and Reinvestment Fund has committed a $5 million match, putting the Fund well on its way to reaching its $30 million goal.
PhilaImpact Fund offers an opportunity for investors to channel their capital into neighborhood development projects that support regional growth and local initiatives in the communities that need them the most. The Fund will support projects serving critical needs for people across the region, promoting housing stability for low-income families, better health outcomes, higher educational attainment, greater access to fresh, healthy food, and more. Projects featured below are illustrative of the types of community investments that will be supported through the Fund.
- Invest through Reinvestment Fund’s Promissory Notes Program. Reinvestment Fund will begin accepting investments in the Fund over the summer with terms consistent with our promissory note prospectus. Contact us at firstname.lastname@example.org or 215-574-5819 for details.
- Invest through a Donor Advised Fund at The Philadelphia Foundation. Individual and corporate donors can participate in the Fund through special, tax-deductible Donor Advised Funds. Contact The Philadelphia Foundation for details at email@example.com or 215-563-6417.