Program areas at Impact Charitable
Impact Charitable collaborates with catalytic funders, community leaders, local governments, and other changemakers to design and implement direct cash assistance and economic mobility programs. These services include program design, program management & implementation, and payment facilitation, all aimed at supporting economic stability, resiliency, and wealth-creation. Our approach involves intervening at key moments to prevent families from falling deeper into poverty through programs like emergency rental assistance or job loss payments, providing unrestricted, unconditional emergency cash assistance and basic income, and building long-term wealth through innovative vehicles designed to break intergenerational cycles of poverty.economic mobility programs are particularly focused on providing essential capital to communities that have been historically underrepresented and marginalized, with roughly 93% of participants identifying as bipoc and 97.6% preferring a language other than english. Additionally, 61% of participants are women. In 2023 alone, we distributed $6,386,153 through these impactful programs.
Catalytic capital partners llc, a wholly-owned subsidiary of Impact Charitable, was established to create significant efficiencies for Impact funds and projects that are increasingly attracting a combination of private, philanthropic, government, and grant capital. This program leverages partners with deep experience in fund management, administration, and investment advisory services while engaging Impact Charitable's experience and expertise in philanthropic, impact-first investments, integrated capital funds, and flexible grantmaking capabilities. Impact Charitable works with partners who share our history of bringing new tools and innovations to the Impact investing ecosystem, and these new partnerships are constructed to connect more capital with the community in funding that is structured to create the most impact.catalytic capital partners llc is dedicated to breaking down traditional barriers to capital access, ensuring that funds are not just managed but actively working in communities to drive systemic change. With a focus on innovative, impact-first investing, we continue to move money differently, ensuring that capital flows where it's needed most.
At Impact Charitable, we move more money, in more ways, to more people and places by focusing on impact-first investing. Our primary objective is to drive meaningful Impact, balancing financial return and risk in service of this mission. While we anticipate financial returns from our funds, our true measure of success lies in the Impact and outcomes of these investments.impact Charitable works through integrated capital, providing both grants and investments, to catalyze positive change. We collaborate with investors who understand that traditional approaches alone are insufficient to achieve the just and equitable outcomes we seek. Our team, with deep expertise in both philanthropy and finance, works to move money directly into impactful organizations, making lasting change possible.our approach ensures that a significant portion of the funds under our management is actively working in communities, driving positive social change. Throughout the year, Impact Charitable facilitated the movement of significant capital through a variety of impactful programs and services including direct investments, program-related investments, philanthropic investment funds, and donor-advised funds. Through these services, Impact Charitable facilitated the movement of $6,755,000 of investments and $3,415,152 of grant funds in 2023. Our key areas of focus include supporting economic mobility, financial inclusion, and affordable housing among other Impact themes. By leveraging catalytic capital, we are able to facilitate access to opportunities for historically marginalized communities and help close the capital gaps that persist in traditional financial systems.