Impact Investing

The Foundation’s Impact Investing initiative invests in the local economy through both private equity and direct low-interest loans. Through the investments, we look for both financial and social return as defined as:

• Stimulate entrepreneurial initiatives and economic development • Improve the lives of low-income people through the creation and retention of jobs offering living wages and benefits • Provide access to affordable capital and housing • Provide quality education • Enhance the quality of life in the Greater Albuquerque Area

To date, four private equity investments and three direct loans have been made through this initiative totaling $1.7 million.

Impact Investments

Nusenda Credit Union Coop Capital The Coop Capital program is an innovative, relationship-based, micro-lending program that provides capital for entrepreneurs who have no access to collateral, are credit-challenged or lack the support of alternative financing. By receiving endowment Capital funding, entrepreneurs are better positioned to start or expand their local businesses.

Partnership for Community Action (PCA) The Foundation was one of several investors in a public private partnership that led to a grant from the U.S. Department of Commerce Economic Development Administration for Partnership for Community Action. PCA is building the South Valley Social Enterprise Center with Southwest Creations Collaborative, a women driven social enterprise as anchor tenant.

Titan Development Real Estate Fund I LP Designed to create development in high growth secondary and tertiary real estate markets, including Albuquerque. Their primary asset classes are multi-family, self-storage, senior living and industrial.