Impact Investing

Community Impact Investments provide debt financing to Calgary and area charitable organizations working in all parts of the community.

Investments enhance the financial resources available to charitable organizations. Where appropriate, investments offer an alternative to grants and can add to the financial capacity of the charitable sector. Community Impact Investments provide measurable community benefit to Calgary and area and demonstrate a feasible repayment plan with financial return proportional to risk. Charities and nonprofit organizations with investment opportunities are welcome to contact the Calgary Foundation to discuss their projects.The Calgary Foundation has recently received a generous gift from a visionary anonymous donor who shares the belief in the importance of this work and has provided the Calgary Foundation with a $20 million donation to seed the impact investment fund.

Read the guidelines below for more information about the process and contact the Calgary Foundation’s Community Investment Associate to discuss your investment opportunity. 



Investments to Date:

cSPACE – cSpaceKing Edward Creative Hub and Arts Incubator

cSPACE will transform the 100 year-old sandstone King Edward School into a 21st Century hub for creativity. The result will be a 47,000 square foot facility delivered through the adaptive reuse of the original heritage school as well as a new addition and two associated art studio pavilions. Renovations will create a portfolio of production, rehearsal and creative spaces for local artists and nonprofit organizations to generate new work, innovate in their missions and accelerate their impact. The Calgary Foundation enabled cSPACE’s purchase of the school and its grounds with mortgage financing of $8 million.

Kahanoff Centre for Charitable Activities – Phase II Expansion

The Kahanoff Centre for Charitable Activities improves the work of charities by reducing their administration and facility rental costs. KCCA has been providing office and conference space to local charitable organizations at below-market rates for over ten years.  The decision to build a second tower doubles the amount of space KCCA is able to offer.  KCCA approached its shareholder, the Calgary Foundation, to guarantee construction financing of up to $32.3 million.