Professional Development Program Mission-Aligned Investing to Maximize Philanthropic Impact “Mission-aligned investments” mobilize your entire investment portfolio to maximize your philanthropic impact. Our Work Capacity Building Professional Development Mission-Aligned Investing to Maximize Philanthropic Impact Canada Revenue Agency now mandates that registered charities must spend or disburse at least 5% of assets (over $1M) to qualified donees. But what about the other 95% that is invested for financial returns – is it helping or hindering your charitable purpose, mission, and the communities you serve? “Mission-aligned investments” mobilize your entire investment portfolio to maximize your philanthropic impact. While many foundations have adopted this practice, there are still a lot of barriers to getting started. The proliferation of confusing jargon and overlapping concepts alone – ESG, responsible, sustainable, or impact investing – make it difficult even for finance professionals and investment committee members to discern what is real and where to focus. Who is this for? We welcome all who are interested in leveraging their investments to maximize their philanthropic impact. The curriculum is designed for organizations stewarding endowed assets and those responsible for developing, implementing, and governing their mission-aligned investing strategy, at early and maturing stages of the journey. Types of roles Senior management Board and Committee members Individual Donor-Advised Fundholders and Accredited Investors Types or organizations Foundations Family offices Faith-based organizations Post-secondary institutions Labour unions Other organizations with endowments and investment portfolios/mandates Program Overview: This program is being hosted in partnership with Impact United Academy. Each of the six sessions brings together peers, practitioners, and guest speakers, providing real-world case studies and facilitated discussions to produce practical next steps for your investment strategy. Learn more about each session’s topics and guest speakers below and register for the sessions that are most relevant to your needs or sign up for the entire series at a discount for a comprehensive learning experience. Program Overview: Schedule and session themes Session 1: Session 2 Session 3 Session 4 Session 5 Session 6 Aligning Your Investment Strategy with Your Mission Purpose: Hear directly from peers on how to get started or continue advancing the journey to align your investment portfolio with your mission, mandate, or charitable purpose. Topics: Charitable objects and fiduciary duty Investment Policy Statement (IPS) Financial and impact metrics, benchmarks, and reporting Roles of management, staff, Board, Investment Committee, and external managers and consultants Levers for impact across asset classes Aligning with philanthropic commitments (e.g. reconciliation, gender and racial equity, social justice) Thursday, April 9 1:00 pm – 3:00 pm Mission-Aligned Public Equities and Fixed Income Purpose: The majority of any investor’s assets will be in public equities and fixed income. Learn about the different strategies, approaches, and tools to maximize impact across public market asset classes. Topics: The ‘impact spectrum’ from ESG and SRI to sustainable and impact investing Levers for impact including screening, ESG integration, and active stewardship/shareholder advocacy Performance and impact benchmarks Thursday, April 23 1:00 pm – 3:00 pm Choosing and Working with your Investment Manager Purpose: Most asset owners make use of external investment managers, often with a mandate for a specific asset class. Learn how to not just “manage your manager”, but work together to create new investment products to serve your needs. Topics: Roles of internal staff, external managers and consultants, and fractional/outsourced Chief Investment Officers (CIOs) How to choose and work with investment managers Single/multi-manager mandates Co-creating new products/structures Shareholder advocacy Accountabilities to staff, Investment Committee, and Board Thursday, May 7 1:00 pm – 3:00 pm Private/Alternatives Market Landscape Purpose: There has been significant growth of mission-aligned investment funds and products in Canada’s private markets, an asset class commonly referred to as alternatives. Learn more about the diverse landscape of intermediaries offering private debt and equity funds, and the role of the federal government as a seed investor. Topics: The investment landscape of intermediaries, including funds focused on: Place-based/geographic communities Industry sector/impact themes Demographic communities Understand the background and influence of the federal Social Finance Fund Thursday, May 21 1:00 pm – 3:00 pm Investment Approaches in the Private/Alternatives Market Purpose: Within the private markets or alternatives asset class, there are a variety of ways to achieve even deeper impact and alignment with your philanthropic mission. Learn more about Program-Related Investments (PRIs), the use of catalytic capital in a blended finance approach, and other underutilized tools such as loan guarantees. Topics: Legal context and fiduciary requirements for Program-Related Investments (PRIs) and disbursement quota considerations Blended finance/catalytic capital Loan guarantees Accounting, tax, and other regulatory considerations Thursday, June 4 1:00 pm – 3:00 pm Impact Measurement and Reporting Purpose: Similar to philanthropic granting or charitable giving, investors should have an appropriately robust impact measurement and reporting framework to track, improve, and communicate the results of mission-aligned investments to stakeholders. Learn more about frameworks and approaches used by leading mission-aligned investors, and its strategic and operational implications for both asset owners/investors and investees. Topics Financial and impact frameworks and metrics Best practices for reporting to internal and external stakeholders Thursday, June 18 1:00 pm – 3:00 pm Registration & Payment Registration and payments are processed through Impact United’s website. Six sessions will be held on Thursdays from 1:00 PM – 3:00 PM ET, every two weeks. You can choose to register for a single session, multiple sessions, or all sessions. All sessions will be held online and will be held in English. Session 1: Aligning Your Investment Strategy with Your Mission Thursday, April 9, 1-3 PM ET Session 2: Mission-Aligned Public Equities and Fixed Income Thursday, April 23, 1-3 PM ET Session 3: Choosing and Working with your Investment Manager Thursday, May 7, 1-3 PM ET Session 4: Private/Alternatives Market Landscape Thursday, May 21, 1-3 PM ET Session 5: Investment Approaches in the Private/Alternatives Market Thursday, June 4, 1-3 PM ET Session 6: Impact Measurement and Reporting Thursday, June 18, 1-3 PM ET Program Cost Single session (pay-as-you-go) — $200 per participant per session Full series (all 6 sessions, prepay) – $1080 per participant (10% prepay discount or $180/session) Email hello@impactunited.ca to sign up for the entire series at a 10% discount for a comprehensive learning experience. What will you learn? This program will help you: Advance the knowledge and leadership capacity of key staff and board members Strengthen your organization’s mission, governance, fiduciary duty, and operations capacity Build connections and relationships with peers working with shared purpose Apply the learning and case studies to your own impact investing strategy Why this matters: Foundations, faith-based organizations, and philanthropists play an important role in addressing society’s toughest challenges. Today, rising inequality and accelerating environmental damage make their leadership more important than ever. The choices made by today’s leaders will shape the well-being of our communities, economy, and planet for generations. Asset owners have a unique opportunity to amplify their impact by aligning their investments with their mission. When used intentionally, investment capital can help tackle urgent social and environmental issues, strengthen economic resilience, protect natural resources, and expand equitable opportunity. Now is the moment to act. Register today and join peers committed to transforming how capital is stewarded for greater impact. Session Instructors Sessions will be led by a curated mix of practitioners and experts from the philanthropic and investment communities, combining real-world foundation experience with investment and legal expertise. Foundation leaders and staff — practitioners who have designed and implemented PRIs and mission-aligned endowments. Board and committee members — trustees with governance and fiduciary experience. Investment professionals — portfolio managers and fund managers active in public and private impact strategies. Operating model and legal experts — Outsource chief investment officers, consultants, and advisors on structuring, due diligence, and compliance. About Impact United Academy Impact United Academy is a community of Canadian investors and asset owners who believe that their capital can and should create positive social, environmental, and economic benefits for all. Its mission is to convene, inspire, inform, and empower individual and institutional asset owners – from philanthropic foundations, family offices, and faith-based organizations – to deploy the full range of their human, social, and financial capital for better outcomes and brighter futures for our communities. About Philanthropic Foundations Canada Philanthropic Foundations Canada (PFC) is Canada’s national philanthropic network, working to strengthen Canadian philanthropy – in all of its diversity – in its pursuit of a just, equitable, and sustainable world. PFC convenes the Investment Roundtable, a forum for foundation investment staff and board members to discuss investment trends in the sector as well as challenges and opportunities peers are facing, helping PFC members build networks and learnings with colleagues from across Canada. Thanks to the generous support of Addenda Capital With more than $37 billion in assets under management, Addenda Capital is recognized as a leader in sustainable investing. From climate transition to impact investing to traditional strategies, the Firm’s multi-asset solutions seek to provide enhanced returns for its institutional and private wealth clientele. Co-owned by The Co-operators Group and its employees, Addenda employs over 179 people in its offices in Toronto, Guelph and Regina, with its head office in Montreal. The firm is a signatory of the Net Zero Asset Managers initiative, the United Nations’ Principles for Responsible Investment (UN PRI) and its Montréal Carbon Pledge, and is an Investor Member of the Green Bond Principles.