NYS CDFI Investor Club
Capital Innovation: Cultivating New Paths to
Funding, Resources and Partnerships
The New York State CDFI Coalition (Coalition) has partnered with Impact Finance Center (IFC) to help advance our efforts to identify, educate, and activate philanthropists and investors who want to make an impact by supporting NYS CDFIs.
Investing in CDFIs is gaining popularity. Many small businesses, nonprofit organizations, commercial real estate ventures, and affordable housing initiatives depend on financing from CDFIs to help them thrive. And while most CDFIs are nonprofits, investment in CDFIs is not a zero-return proposition. In the last economic downturn, CDFIs were the highest performing asset class for investors. By putting community first, CDFIs are profitable, but not profit-maximizing.
Impact Finance Center, founded by Dr. Stephanie Gripne in 2012 is a multi-university nonprofit academic center that identifies, educates, and activates individuals and organizations to become impact investors, helping them better align their assets with their values. They have helped catalyze over $340M of investments and are creating the infrastructure for a Nationwide Impact Investing Marketplace by 2030. Their center is dedicated to delivering world-class education and expert advisory services.
We are seeking to develop and leverage a new pool of investors for CDFIs in New York State.
NYS CDFI Investor Club Series
If you wish to review recordings of previous webinars, you must create a free account with Impact Finance Center. Follow this link to sign up: https://bit.ly/NYSCDFI-path
2/12/21 - Informational Webinar with Nicole Bagley, Arca Foundation; Gregory Johnson, Rockefeller Foundation; CDFI Panel moderated by Andrea Longton, OFN; with Yanki Tshering, Accompany Capital; Howard Banker, Center for NYC Neighborhoods; John Felton, Southern Chautauqua FCU
3/5/21 - Informational Webinar with Babbie Jacobs, Social Venture Circle; Luke Apicella, Prudential Impact Investments; CDFI Panel moderated by Andrea Longton, OFN; with Charles Hammerman, The Disability Opportunity Fund; Karen Haycox, Habitat for Humanity NYC / Westchester County; Aisha Benson, TruFund
4/2/21 - NYS CDFI Investor Club with Investors Allison Clark, MacArthur Foundation; Janice Fritsch, Kenneth King Foundation; Caryn Sachs, Erich & Hannah Sachs Foundation; CDFI Panel Moderated by Andrea Longton, Social Justice Investor; with Melanie Stern, Spring Bank; Valerie White, LISC NYC; Kim Jacobs, Community Capital NY; and CDFI Fast Pitches from Habitat for Humanity, NYC and WC; Business Outreach Center Network; Southern Chautauqua FCU; Corporation for Supportive Housing; Women's Venture Fund; TruFund.
5/7/21 - Informational Webinar with Catherine Burnett, Phillips Foundation; CDFI Panel moderated by Jeanne Hegner, Impact Finance Center; with Jessie Lee, Renaissance EDC; Linda MacFarlane, Community Loan Fund of the Capital Region; Jen Trepinski, Corporation for Supportive Housing
7/2/21 - NYS CDFI Investor Club with Investors Nwamaka Agbo, Kataly Foundation; Ben Bynum, Colorado Health Foundation; CDFI Panel moderated by Jeanne Hegner, Impact Finance Center; with Adam Tidrow, PathStone; Kerry Quaglia, Home Headquarters; Yanush Sanmugaraja, WEDI Buffalo; and CDFI Fast Pitches from Ponce Bank, La Fuerza CDC; NHSNYC; Seed Commons
8/6/21 - Informational Webinar with Clifford Rosenthal, author "Democratizing Finance," Investor/CDFI Conversation, moderated by Jeanne Hegner, Impact Finance Center; with with Yanki Tshering, Accompany Capital; and Kayoko Lyons, Cabrini World, Missionary Sisters of the Sacred Heart of Jesus.
10/1/21 - Informational Webinar with Daniel Galindo, SVP, Director of Community Development and Strategy, Woodforest National Bank; David Davenport, Managing Director, Investment & Portfolio Management Team, NY Green Bank; CDFI Panel moderated by Jeanne Hegner, Impact Finance Center; with Michael Pugh, Carver Bank and Eric S. Levine, Alternatives FCU, Ithaca.
This article in Next City highlights the effort to develop a NYS CDFI Investor Club:
Stephanie Gripne Is Spreading the Gospel of Impact Investing - 11/8/21