Organized Philanthropy in San Diego. Nancy Jamison President & CEO San Diego Grantmakers

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1 Organized Philanthropy in San Diego Nancy Jamison President & CEO San Diego Grantmakers

2 What is San Diego Grantmakers Regional association of grantmakers Nearly 150 members foundations, corporations, other Our mission To connect and activate funders to learn, lead and invest in our community. Our vision An equitable, collaborative, and impactful social change ecosystem that improves the lives of all residents in our region.

3 Sources of Funding for Nonprofits Sources of Giving Charitable Contributions Dues, fees, charges Government grants Other

4 SDG Members Our mission Our vision

5 Representative SDG Members Foundations: McCarthy Family Foundation, Rancho Santa Fe Foundation, The California Endowment Companies: Sempra Energy, Viasat, Union Bank, Nordson Corporation Giving Circles: Social Venture Partners, Latina Giving Circle Grantmaking Public Charities: United Way, SD Human Dignity Foundation Other: City of SD Arts and Culture Commission, First 5 Commission

6 What is a foundation? A foundation is an entity that is established as a nonprofit corporation or trust with the principle goal of making grants for charitable purposes Private Foundations: Most funds come from one source (individual, family, or corporation). Can be operating foundations. Public Foundations: Funds come from multiple sources. Can be community foundations.

7 Types of Foundations Family Foundations: Independent Foundations: Community Foundations: Corporate Foundations: Provide a forum in which family members work towards common goals. Advantages: tax benefits, personal control and flexibility, perpetuity Independent board develops policies, manages grantmaking and investment of endowment Local charitable entities that administer donor-advised funds* to solve community or regional problems Usually started with a single gift that can become the endowment, which may be added to on an annual basis or it profit allows *Donor-advised fund is a charitable giving vehicle administered by a third party and created for the purpose of managing charitable donations on behalf of an organization, family or individual.

8 Corporate Giving Programs A grantmaking program established and administered within a profit-making company. Gifts or grants go directly to charities from the corporation. Can be in marketing, public relations, human resources, community relations. Objectives related to business development, giving back and community improvement.

9 5 Key Work Areas

10 SDG Values

11 Trends in Philanthropy 1. Collaborations 2. Impact Investing 3. Full Cost 4. Social Equity Funding 5. Advocacy & Systems Change

12 San Diego Grantmakers Collaborations Education Funders STEAM Funders Early Education Funders Funders Together to End Homelessness San Diego Military Family Support Working Group San Diego Food Funders San Diego Impact Investors Network Social Equity Funders Transition Age Youth Funders Leadership Development Project Social Equity Collaborative Fund Fostering Futures Initiative

13 LEARN PLAN ACT

14 Definition and Core Characteristics of Impact Investing Impact investments are investments made into companies, organizations, and funds with the intention to generate measurable social and environmental impact alongside a financial return (Global Impact Investing Network) Intentionality of positive impact Funding with return expectation Range of return expectations, sectors, geographies and asset classes Impact measurement Organizational forms vary

15 OUR MISSION San Diego Impact Investors Network activates investment capital to drive community solutions. OUR GOAL To bring $100 million of impact investment capital to the San Diego Region by 2025 OUR INITIATIVES Ecosystem Development Learning & Resources, primarily focused on investors DealFlow showcase events

16 Fund the full cost of great outcomes!

17 Full Cost Framework Change Capital Total Expenses Fixed Asset Additions Working Capital Debt Principal Repayment Reserves

18 Social Equity Funding

19 Advocacy and Systems Change

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