Skip to main content

New Report on Social Finance Readiness in Canada’s Charitable Sector

New Report on Social Finance Readiness in Canada’s Charitable Sector

Krackers Katering

What is social finance? Why should charities and nonprofits pay attention to it? 

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? 

Sign-up now to be the first to receive the report in August!
 

Join the list
 

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

Why it matters

There is growing interest from policymakers in social finance as a tool to scale up socially-innovative solutions to complex and persistent social and environmental problems. The Government of Canada has also introduced an $50 million, two-year Investment Readiness Program (IRP) to help build the capacity of charities, nonprofits, cooperatives and for-profit social enterprises to take on investment, thereby supporting the development of a pipeline of investable organizations that are ready for Social Finance Fund and other social finance opportunities in Canada. 

About this report 

The report presents the results of a national survey undertaken to assess charities’ ability to successfully obtain and repay social finance investments – i.e., their investment readiness. Survey invitations were sent to 5,192 charities from across Canada. The results are based on 1,018 complete responses. 

Acknowledgements

This project was made possible thanks to funding from the Government of Canada’s Investment Readiness Program.

Government of Canada wordmark           Investment Readiness Program

The opinions and interpretations in this publication are those of the author and do not necessarily reflect those of the Government of Canada. 

 

Subscribe to 360°
Stay up-to-date about the latest news, events and opinions across the sector.
Unsubscribe at any time through the link in our email footer.
Imagine Canada | 65 St Clair Avenue East, Suite 700, Toronto, ON M4T 2Y3
info@imaginecanada.ca
First and Last name
Language
Displaying the progress of a cocoon to a monarch butterfly
Related blog post

Six steps to assess the fortitude of your organizational processes

A step-by-step guide to use Imagine Canada's publicly-available standards to stabilize your organization. As consultants, we work with charities and companies to design organizational improvements. While collaborating with a nonprofit recently, we realized that the biggest opportunity to strengthen the sustainability of the organization was to focus on structure and decision making.

Cathy Lewis

Related Resource

Tax Incentives for Charitable Donations in Canada with a Focus on the Stretch Tax Credit for Charitable Giving

NATIONAL PARTNERS