Social Impact Investing
Lessons for the Field
Tuesday, October 18, 2:00pm – 4:30pm*
Organized by Michelle Johnson, Program Officer, The Kresge Foundation; and Regina Smith, Managing Director, Arts and Culture, The Kresge Foundation.
Moderated by Kim Dempsey, Deputy Director, Social Investment Practice, The Kresge Foundation. Presented by Kate Barr, Executive Director, Nonprofits Assistance Fund; Douglas Craven, Director of Corporate Advancement, Economic Community Development Institute; and DeAnna Cummings, CEO, Juxtaposition Arts.
In the past five years, arts program staff at foundations have developed and flexed their social impact muscles. Through social impact investing, such as low interest loans, guarantees, and program-related investments, foundations are investing in arts and creative activity. From investing in a cohort of community development financial institutions to experimenting in other platforms such as KIVA, arts funders and their colleagues are expanding the tools used to support the sector. Participants will learn more about this emerging approach, the gaps and barriers in the sector — both as funders and grantees — and exemplary practices.
This session will be held at Juxtaposition Arts.
*Off-site session schedule:
- 1:45: Group gathers in Great River Court
- 1:50: Bus loads
- 2:00: Bus departs from hotel
- 2:30 – 4:00: Session
- 4:00 – 4:20: Site visit
- 4:30: Bus departs to hotel