1. Financial Planning Association of Indiana
September 21, 2018
Cool New Math: Social Good + Financial Returns = Social Impact Investing
Presenters:
Robert A. MacPherson, CAP, VP for Development, Central Indiana Community Foundation
Marilee J. Springer, J.D., Partner, Ice Miller LLP

2. Defining Social Impact Investment
Investments made into companies, organizations and funds with the intention to generate a measurable, beneficial social impact alongside a financial return.
Investing charitable assets in the growth of our economy while producing financial returns and addressing systemic, social issues.
Alignment of community’s needs/opportunities, dynamic businesses and employers, and the philanthropic sector.

3. Defining Social Enterprise
Social Enterprise Entities address a basic unmet need or solve a societal problem through a market-driven or commercial approach.
A Social Enterprise Entity is a business with primarily social objectives.
Any profits are created are reinvested into the charitable or social mission of that entity (or into the community) rather than maximizing profits for shareholders. 

4. Defining Corporate Social Responsibility
Socially conscious businesses embrace a philosophy reflected in their product creation and marketing, their consumer interactions and the workplace they create for their employees.
Their decisions balance a desire for profits with a commitment to social impact. They understand consumer decisions are increasingly driven by and aligned with their beliefs and values.

5. Social Impact Investment Statistics

6. Social Impact Investment Benefits
For Social Change
For Investment Objectives
For Intersection of Philanthropy and Investment
“Profit with a Purpose”
Challenges
Defining the desired social benefit
Measuring the intended returns
Purely financial returns vs. purely social returns vs. blended returns

7. Examples of Social Impact Investment Structures
Investor Side
Charitable Investor
Mission Related Investments (i.e., public charity investors, donor advised funds)
Program Related Investments (i.e., private foundation investors)
Alternative Investment
UBIT
Commercial Investor
Private Equity Investor (i.e., individual investor)

8. Examples of Social Impact Investment Structures
Business Side
Traditional For Profit
B Corp/Social Enterprise Entities
Charity (e.g., low rate loan)
Local Projects
16 Tech
IU Philanthropic Venture Fund

9. Questions and Answers