Social finance is an investment that delivers a measurable social, cultural, and/or environmental impact as well as a financial return for the investor(s). The funding landscape for the sector is becoming more precarious while demand for the services of these organizations grow. In the context of an increasingly precarious funding environment, social finance emerges as a source of capital that could allow charities to diversify their revenue and become more resilient. Given this potential, an important question remains – are charities ready for social finance? Imagine Canada has released a new report that explores this and other questions about social finance and the Canadian nonprofit sector.
Read the report to find out about:
- Charities’ level of awareness of social finance and opinions about social finance;
- Charities’ likelihood to take a social finance loan;
- How they would use a social finance loan and what barriers they might face if seeking a social finance loan;
- Organizational capacity in key social finance-related domains; and,
- Current financing needs
This report presents the results of a national survey of 1,018 registered charities undertaken to better understand the current state of social finance and its potential and challenges for charities.
