0

Invest Northwest: Ten-Year Final Performance Review

The experience of developing, launching, managing, and evaluating Invest Northwest has provided important lessons for the Northwest Area Foundation’s and the Annie E. Casey Foundation’s mission investing programs. These lessons are also relevant to impact investors and place-based investors. With the fund coming to a close, this report documents these lessons and reflections, as well as the history of Invest Northwest, the fund’s financial performance, and its strong social performance.





0

Moving Beyond Job Creation: Defining and Measuring the Creation of Quality Jobs

Since the end of the Great Recession, almost 12 million jobs have been created — but most have been in low-wage occupations and at places like strip malls and fast-food restaurants. Average wages for working Americans have dropped 23 percent. It’s become clear that job creation does not equate to lasting economic change. In order to reverse the troubling trends we’re seeing, we no longer find it defensible to focus on job creation alone. We must shift our focus to the creation of higher quality jobs that are good for workers and their families, good for businesses, and good for communities. Through a better understanding of Read more





0

The Social and Economic Impacts of Healthy Food Financing

Launched in July 2011 by a broad coalition of public and private partners led by the California Endowment, the $273 million California FreshWorks program provides loans and grants to grocery stores, farmers’ markets, and other food retailers that offer nutritious, affordable food options in communities where such options are scarce. In order to better understand the California FreshWorks program’s food access, social, and economic impact to date, the California Endowment commissioned the first-ever third-party evaluation of the program. The evaluation also sought to document key challenges and lessons from the development and implementation of FreshWorks.  





0

Aligning Capital with Mission

In an effort to support the broader mission investing field, Aligning Capital with Mission offers, for the first time publicly, findings that highlight the strong alignment of the Social Investment Program’s impact with a Foundation’s mission and programmatic goals. The Annie E. Casey Foundation, a private foundation dedicated to improving the lives of America’s children and families, engaged InSight at Pacific Community Ventures — with research support from The Center for the Advancement of Social Entrepreneurship (CASE) at Duke University — to conduct the first comprehensive third-party evaluation of its Social Investment Program, a $125 million allocation from its endowment dedicated to mission Read more