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Impact Investing: A Conversation From the Leading Edge

When: 
Wednesday, January 23, 2013
9:00am PST
Where: 
City Club
333 South Grand Avenue, Los Angeles, CA 90071
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What is philanthropy’s role in supporting social enterprise and enabling more effective impact investing?

Join Southern California Grantmakers for a conversation about utilizing investment capital to address social problems--and where philanthropy fits into the equation.

The discussion will feature leading practitioners and thinkers in impact investing:

 

We are pleased to bring thought leaders on the cutting edge of this movement to the SCG community. In a recent blog entry in The Huffington Post, NFF's Antony Bugg-Levine addressed harnessing the potential of social enterprise and impact investing: “Are we asking the right question? Building the systems? Considering the context? Deepening our sense of obligation to each other?” These and other key questions will be addressed during the conversation.

Breakfast will be served.


This program is made possible with the generous support of the Bank of America Charitable Foundation.


Speakers:

Kerry H. Sullivan
President, Bank of America Charitable Foundation
Kerry H. Sullivan is president of the Bank of America Charitable Foundation, whose mission is to strengthen the economic and social health of communities across the company’s global footprint with $200 million in annual philanthropic investments. In this role, she leads a team responsible for implementing a broad range of national and international philanthropic programs associated with the company’s corporate social responsibility initiatives. Sullivan manages strategic relationships with global philanthropic partners addressing pressing issues of education, community development, health and human services, the environment, and the arts. She leads the company’s signature philanthropic program, the Neighborhood Excellence Initiative® which recognizes the community leadership and service of nonprofit organizations and individuals in 45 markets across the U.S. and in London, with more than $130 million invested since 2004.

Prior to joining the Bank of America Charitable Foundation, Sullivan managed Philanthropic Management Foundation Advisory Services at the company--a team responsible for distributing more than $200 million in charitable grants on behalf of clients. She currently serves as Chair of the Summer Fund--a donor collaborative that raises annual support for summer programs to benefit Boston’s inner city youth. In addition, she serves on the Year Up Board, the Expanded Learning Time Advisory Board and the Council on Foundations Corporate Committee. 

Antony Bugg-Levine
Chief Executive Officer, Nonprofit Finance Fund
Antony Bugg-Levine is chief executive officer of Nonprofit Finance Fund, a national nonprofit and financial intermediary dedicated to mobilizing and deploying resources effectively to build a just and vibrant society. In this role, he oversees more than $225 million of capital under management and a national consulting practice, and works with a range of philanthropic, private sector and government partners to develop and implement innovative approaches to financing social change.

Bugg-Levine writes and speaks regularly on the evolution of the social sector and the emergence of the global impact investing industry. He is the co-author of Impact Investing: Transforming How We Make Money While Making a Difference. He is the founding Board chair of the Global Impact Investing Network, and convened the 2007 meeting that coined the phrase “impact investing.” Bugg-Levine’s previous positions include: managing director at the Rockefeller Foundation; country director for Kenya and Uganda at the NGO TechnoServe; a consulting role with McKinsey; and acting communications director at the South African Human Rights Commission. He is an associate adjunct professor in the Social Enterprise Program at the Columbia Business School. 

Carla Javits
President, REDF 
Carla Javits is president of REDF, which provides equity-like investments and business assistance to create and grow ‘double bottom line’ enterprises operated by nonprofits that create jobs in order to employ people who face high barriers. The people employed learn and earn, while the nonprofit brings in business income that makes the enterprise sustainable. The social enterprises supported by REDF have generated more than $100 million in revenue, while employing more than 6,500 people, with three quarters of those interviewed still working two years later.

Prior to joining REDF, Javits directed the California expansion of the Corporation for Supportive Housing (CSH) and then became CSH’s national president and chief executive officer, helping to build and transform the field of service-enriched housing which has ended homelessness for tens of thousands of people. She serves on the Boards of Northern California Grantmakers, The Melville Charitable Trust and the Social Enterprise Alliance. She also serves on the Leadership Council of Enterprise Community Partners Northern California and the Advisory Panel for the American Human Development Project, in addition to being a member of the Alliance for Effective Social Investing. 

 

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