ImpactPHL

Read about how it’s not enough to focus on grant-making alone — foundations should generate impact using all of their money, even that which is invested.

Read the July ImpactPHL Perspectives article by Matt Devine and Alex Seldin from Royer Cooper Cohen Braunfeld LLC (RCCB) https://lnkd.in/eVH5wW9B

RightAir has created AIR-AD, a fully mobile, non-invasive, wearable respiratory assist device designed to offload the work of breathing for COPD patients (think electric bike for the lungs that resembles a concealable “Iron Man” vest). AIR-AD allows COPD patients to recapture the ability to perform basic activities they enjoyed prior to suffering from COPD, increase independence, and improve general well-being. Invest in their work at optimpact.org

What if there is a new model developed for measuring the impact of investments based on happiness? Read the article to learn more about the work of SVT Group with Happiness Capital | Certified B Corp alongside Jed Emerson and 60 Decibels in the creation of a metric that measures the "happiness" to account for the true financial value and extra-value of their investments.

Invest in the growing art of upcycled glass! Remark Glass is a woman owned sustainable business in Philadelphia that embraces the inherent stability of glass through their unique enterprise, transforming what was once destined for the landfill into stunning, functional pieces of art. Through Honeycomb Credit, they are looking for investment to renovate their current facilities, allowing for a significant increase in operational efficiency and output. Investments are accepted through July 25th, starting at $250 and up.

Read the Calvert Impact guide that is meant to help financial advisors leverage impact investing better, so they can seize the opportunity to support their clients on their sustainable investing journeys.

The next ImpactPHL Social is on September 25th from 5-8pm. Join us alongside Andrea Longton, CFA, author of The Social Justice Investor, to talk about her book as an informative resource guide and connect with many others in the impact community.

"... it’s problematic that impact investing, which seeks transformative social change, is still an insider’s game ... we are overdue for the impact investing club to burst open its doors, welcome new investors, and ask legacy members to work a little harder. We can’t wait another 25 years." Upstart Co-Lab Read about Upstart’s Inclusive Creative Economy to learn how to join them >>

OptImpact is a new way for Philadelphia’s social entrepreneurs, impact funds, women, and BIPOC-led businesses to find investors who are just as interested in your mission and impact as they are in your financials. Learn more and create your profile today! www.optimpact.org

As a new platform, Untapped Solutions (Formerly ConConnect) attracted a $150,000 investment from the De-Carceration Fund, a Philadelphia-based venture capital fund specializing in early-stage tech start-ups that aim to disrupt the criminal legal system. Christopher Bentley, the fund’s founder and managing principal, says Untapped Solutions, founded by Andre P., stood out as a way for non-profits, employers and former inmates to connect, with the potential to make the re-entry process more efficient for everyone involved. Read the article >>