Foundations Accelerating Impact Through the Use of Guarantees

A highly impactful but less understood impact investing tool are unfunded guarantees.  Led by the Kresge Foundation, seven foundations – of varying sizes -- are collaborating to launch the Community Investment Guarantee Facility (CIGF) that will make guarantees in the housing, small business and climate sectors.  This session will provide an overview of the kinds of impact guarantees can have, considerations in making and managing guarantees and how the CIGF can help foundations adopt the use of this tool.