The Solution Finance Accelerator, whose first cohort ran from 2020-2021, contributes to a vision of a vibrant social finance marketplace with efficient and effective investment capital flowing to social and environmental development at scale. The SFA aims to expand the Canadian social finance marketplace by supporting a group of impact investing intermediaries to develop and […]
Learn moreThe McConnell Foundation’s Impact Investing Report 2020 is now available for download. The second edition of this annual report provides an overview of our impact investing approach, as well as an update on our efforts to align our investment strategy with our organization’s mission and vision. Our systems approach to impact investing keeps growing, as […]
Learn moreIn view of the critical nature of the period through which society is passing, the Board has decided to increase its granting activities. We have joined the Give5 initiative, which calls upon foundations to disburse at least 5% of their endowments instead of the statutory minimum of 3.5%. The Trustees of the McConnell Foundation have […]
Learn moreThe world has changed. Physical distancing measures required to protect public health in the face of COVID-19 have forced us to reconsider how to “get things done” at work. Conferences, gatherings and in-person meetings have all been either postponed, cancelled or shifted to online. Video conferences are now such the norm, they’ve become their own […]
Learn moreFoundation Director of Solutions Finance, Erica Barbosa Vargas, recently sat down with Lynn Fergusson of the Impact Conversations podcast to discuss Canada’s growing impact investing sector. She also shares what the Foundation is doing to address the bottleneck they see in financial intermediaries, so that more funds can be directed into impact investing, to ultimately […]
Learn moreIntroducing the Solutions Finance Accelerator The Foundation has launched the Solutions Finance Accelerator, with an initial commitment of $2.5 million. The goal is to efficiently and effectively scale the amount of private capital directed toward areas of great need and opportunity. It’s clear that the combined funds of all Canadian philanthropic funders would scarcely come […]
Learn moreGarantie Solidaire is a loan guarantee program for Quebec-based social enterprises, non-profits and cooperatives that are tackling complex challenges. The program was launched in October 2018, and has already supported a diverse group of organizations working on initiatives related to mental health, arts and culture, inclusive employment, and social-purpose real estate. The founding partners are […]
Learn moreThe Foundation is seeking a Development Manager for its Solutions Finance Department. Open to professionals with seasoned experience in impact investing or development finance, this full-time position is designed to support strategic investment development and partnership management across Foundation programs and help advance the Foundation’s overall Solutions Finance activities. Location: Montreal, with some travel. Closing […]
Learn moreThis fall, the McConnell Foundation, La Caisse d’économie Solidaire, Chagnon Foundation and Saputo Foundation introduced a brand new financial tool designed to help Quebec’s social economic and organizations working for the betterment of their communities. The new initiative, Garantie Solidaire, injects $15 million into the community sector through a loan guarantee program that is open […]
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