How It Works

Step 1: Social Ventures populate their Profile
• Social Venture Name
• Annual Revenues
• Type and Amount of Investment Capital Seeking
• Social Impact Dashboard
• Team Members and Related Competencies
• Business Plan
• Pitch Deck.

Step 2: Social Impact Investors populate their Profile: 
• Social Impact Company Investment Name
• Annual Social Impact Investment Fund
• Type of Investments Provided
• Social Impact Investment Portfolio.Social Investors are recruited to the platform based on the the following criteria: 

1. The foundation or investor has an open, publicly advertised request for proposals, with initial external peer review and a proposal format and review process that is brief, iterative, and conducive to mutual learning. The foundation is transparent with respect to its grantmaking practices, structure and composition.

2. The foundation or investor provides a minimum of three years of funding support to a not-for-profit OR allows for healthy of administrative support (20-25%) allowing for not-for-profits to build strong fiscal infrastructures.

3. The foundation or investor provides general operational support to the not-for-profit holding them accountable to agreed upon grant outcomes vs. not processes or budget line items.

4. The foundation or investor spends a “fair” proportion of its total giving on foundation administrative infrastructure. The foundation President/Executive Director/CEO earns a “fair” equivalent/percentage to their total giving. The purpose of these criteria is to encourage foundations to be conscious of their spending practice ratios of internal infrastructure vs. external grants.

5. The foundation or investor fosters risk taking, learning and innovation in the non-profit sector by providing support to seed and test new initiatives.

6. The foundation or investor does not require stand-alone charitable status or multi-year financials, embracing other nonprofit structures, such as fiscal sponsorship, joint ventures, and public-private partnerships.

7. The foundation or investor exercises current best practices in accessibility and applies direct effort to reaching traditionally marginalized communities.

8. The foundation or investor does not require standards of charitable compliance for applicants greater than those required by local charitable regulators and taxing authorities.

9. The foundation or investor reflects it’s giving mission through its organizational behavior reflected in board and staff ethnicity and gender diversity.

10. The foundation or investor has an intentional and structured feedback loop system with its grantees/investees. 

 

 

Step 3: Social Ventures are scored and ranked on the Impact First Market Platform based upon impact and financial data/performance. Social Ventures use the following Scorecard/Criteria: 

1-3 Points 4-6 Points 7-9 Points 10 Points
Demonstrated Social Impact        
  The Venture has clearly defined defined my social outcomes, indicators (i.e. indicators that the outcome will eventually be achieved), or outputs in the form of a dashboard/scorecard, track these outcomes, indicators, or outputs on an annual basis, publicly report these outcomes, and can directly attribute them to my ventures' program or service The Venture has clearly defined social outcomes, indicators (i.e. indicators that the outcome will eventually be achieved), or outputs in the form of a dashboard/scorecard, track these outcomes, indicators, or outputs on a monthly/quarterly basis, publicly report these outcomes, and can directly attribute them to my ventures' program or service The Venture has clearly defined social outcomes or indicators (i.e. indicators that the outcome will eventually be achieved) in the form of a dashboard/scorecard, track these outcomes or indicators on a monthly/quarterly basis, publicly report these outcomes, and can directly attribute them to my ventures' program or service The Venture has clearly defined social outcomes in the form of a dashboard/scorecard, tracks these outcomes on a monthly/quarterly basis, publicly reports these outcomes, and can directly attribute them to the ventures' program or service
The Correct Composition of Leadership, Teams, and Partnerships        
  The Venture has clearly identified the leadership and team members needed for the venture. The Venture has clearly identified a stage of development (start-up; growth; scale) and defined the skill sets and competencies needed to successfully achieve the related milestones. The Venture has clearly identified the leadership and team members needed for the venture. The Venture has clearly identified a stage of development (start-up; growth; scale) and defined the skill sets and competencies needed to successfully achieve the related milestones. The Venture has clearly identified the team members, consultants, and advisors corresponding to these required skills and competencies. The Venture has clearly identified a stage of development (start-up; growth; scale) and defined the skill sets and competencies needed to successfully achieve the related milestones. The Venture has clearly identified the team members, consultants, advisors, and/or organizational partnerships corresponding to these required skills and competencies.
Financial Sustainability and Financial Returns        
  The Venture has a clearly defined income revenue stream and clearly defined unit costs. The revenue unit costs are projected for a minimum of three years. The Venture has a clearly defined income revenue stream and clearly defined unit costs. The revenue unit costs are projected for a minimum of three years. The Venture has a clearly defined reoccuring earned income revenue stream and clearly defined unit costs. The revenue unit costs are projected for a minimum of three years and financial projections are based upon actual past sales. The Venture has a clearly defined reoccuring earned income revenue stream that is based upon the direct decision of the end consumer be it an individual and/or institution and clearly defined unit costs. The revenue unit costs are projected for a minimum of three years and financial projections are based upon actual past sales.
Scaling and/or Policy Systems Change        
  The Venture has a clearly defined scaling (geographically diverse or regional growth) strategy or a scaling impact (open source, replication, government adoption, comercial adoption) strategy. The Venture has a clearly defined scaling (geographically diverse or regional growth) strategy and a scaling impact (open source, replication, government adoption, comercial adoption) strategy. The Venture has a clearly defined scaling (geographically diverse or regional growth) strategy and a scaling impact (open source, replication, government adoption, comercial adoption) strategy. The venture has a clearly articulated strategy to defend against systems or policies preventing the venture's success. The Venture has a clearly defined scaling (geographically diverse or regional growth) strategy and a scaling impact (open source, replication, government adoption, comercial adoption) strategy and a policy/systems change plan of attack to proactively address system or policy needed changes or defend against systems or policies preventing the venture's success.
Responsible Organizational Behavior Including Board Diverity, Fair and Gender Based Wages; and Environmental Impact        
  The Venture has plans to have a diverse board defined by Gender and Ethnicity, adopt fair and gender based wage policies, and track it's environmental impact on the world The Venture has a diverse board defined by Gender and Ethnicity. The Venture has a diverse board defined by Gender and Ethnicity and has fair and gender based wage policies. The Venture has a diverse board defined by Gender and Ethnicity, has fair and gender based wage policies, and tracks it's environmental impact on the world
Addressing a Root Cause        
  The Venture's model is designed to capacitate individuals with the tools (degree, financial independence) to overcome system and policy limitations The Venture's model capacitates individuals with the tools (degree, financial independence) to overcome system and policy limitations The Venture's model is designed to address contributing factors that can be correlated to a social issue. The Venture's model can demonstrate impact on addressing the root cause of a social issue.

 

Step 4: Regional Networking Events are held allowing social ventures to meet with Impact Investors.

 


Our Field builders

Anne Ferola

25 Oct, 2018

Anne Ferola is Director, Education & Strategic Partnerships at the Center for High Impact Philanthropy at the University of Pennsylvania. She oversees the Center’s education programs, including stud

Avery Fontain Tucker

25 Oct, 2018

Avery Tucker Fontaine is a senior wealth director for BNY Mellon Wealth Management. With 20 years in the investment and financial services industry, Avery’s experience as a philanthropic consultant

Dermot Murphy

25 Oct, 2018

Joined Halloran Philanthropies in 2013 with a background in healthcare administration. He earned an MBA from Saint Joseph’s University. His primary focus is community development and innovation with

Diane Cornmen-Levy

25 Oct, 2018

Anne Ferola is Director, Education & Strategic Partnerships at the Center for High Impact Philanthropy at the University of Pennsylvania. She oversees the Center’s education programs, including stud

Drew Harris

25 Oct, 2018

Dr. Drew Harris is Assistant Professor at the Thomas Jefferson University College of Population Health (JCPH) and Director of the Scholarly Inquiry Health Policy track at the Sidney Kimmel Medical Col

Eva Gladstein

25 Oct, 2018

Eva Gladstein is the Deputy Managing Director of Health and Human Services for the City of Philadelphia. She’s responsible for the oversight of five City Departments including the following: Departm

Gavin Kerr

25 Oct, 2018

Gavin Kerr is president and CEO of Inglis. He is a seasoned executive and values-based leader with demonstrated strategic insight and expertise in building high-performance teams. He is deeply committ

Jill Fink

29 Oct, 2018

The Merchants Fund is a Philadelphia charity established in 1854 to provide charitable gifts to business persons facing financial hardship. Our Mission is to provide financial assistance to current an

Julia Enyart

25 Oct, 2018

Julia Enyart is a research analyst specializing in impact-related investments for Glenmede. She is responsible for evaluating and providing analysis on impact-oriented investment opportunities in glob

Karyn Polak

09 Nov, 2018

Karyn Polak is a strategic business partner as General Counsel for banking, brokerage, and asset management business lines of two top-ten financial institutions. • Support c-suite executives in acc

Kevin Leigh

25 Oct, 2018

Kevin is Executive Director at JP Morgan Private Bank. Kevin is a Certified Exit Planning Advisor and international financial-services executive with 24 years of industry experience. Starting with ca

Laura McKenna

02 Nov, 2018

Laura Kind McKenna served as the Managing Trustee of the Patricia Kind Family Foundation from the fall of 1998 until January 2016. She continues to serve as a Trustee and Treasurer. The Foundation

Lorina Marshall-Blake

25 Oct, 2018

Rev. Dr. Lorina Marshall-Blake is Vice President of Community Affairs for Independence Blue Cross and also President of the Independence Blue Cross Foundation. She is an expert in Corporate Management

Matthew Grande

25 Oct, 2018

Matthew is a Jersey-born (Moorestown), Philly-schooled (St Joe's Prep and Villanova University), and World-grown (PHL-BOS-NYC-SGP-DEU) strategist, operator, and advisor with 12+ years experience suppo

Mike Clark

26 Sep, 2018

Michael Clark, MPA, is the Impact First Market Director. He is a systems entrepreneur based in Philadelphia, Pennsylvania. He has researched, published, and worked in the areas of collective impact, f

Nicholas Torres

31 Oct, 2018

Nicholas Torres, MEd, has over 25 years of experience in executive management. He is Co-Founder and CEO of Social Innovations Partners that publishes the Social Innovations Journal, manages the Socia

Richard Binswanger

25 Oct, 2018

Richard Binswanger is an Experienced Connector and Thinker in Innovation, Impact, Things Philly, and Serious Playfulness. (Translation: Old guy who is involved in a lot of things.)

Teresa Araco Rodgers

25 Oct, 2018

Teresa founded harp-weaver LLC to offer donors a better way to add meaning and align their Teresagifting with personal, family and financial goals. Her mission is to inspire others by helping them art