The new Opportunity Zone legislation is expected to drive billions of dollars of investment into low-income communities around the country. Yet, with limited oversight, this capital has as much potential to harm communities as is does to benefit them. In an effort to set a precedent for transparency in this new space, the Kresge Foundation has recently committed $22 million to two Opportunity Funds in exchange for higher levels of reporting and accountability. In this episode, Rip Rapson, President, and CEO of the Kresge Foundation, and Kresge Social Investment Officer Aaron Seybert discuss the innovative way the foundation is working to shape OZ investment.

Driving Impact in Opportunity Zones at the Kresge Foundation

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SOCAP’s annual convening serves as a springboard for ongoing collaboration and conversation, and partnerships are integral to amplifying the event’s impact and reach. In a new Money + Meaning podcast, Michelle Arevalo-Carpenter and Tova Lobatz of SOCAP Global discuss the pivotal role of SOCAP partnerships, their contribution to event content, and how SOCAP works with partners to amplify their impact.

How SOCAP Partnerships Work for Impact

By re-examining traditional methods of investing and funding, foundations and endowments are working with partners to connect capital with communities most affected by the climate crisis. This path helps center the voices of people in frontline communities who are most familiar with the challenges and addresses social and environmental impacts, from pollution to health inequity to systemic racism.
Leaders from social justice organizations and foundations discuss how they are reshaping their work to support community wealth creation and strategies to mitigate climate change in a new Money and Meaning podcast recorded at SOCAP23.

Supporting the Frontlines of Climate Justice: Funding Early and Funding Big

In this episode of Money + Meaning, Advantage Capital Managing Director Ryan Brennan discusses how the firm continues to evolve its practices and expand its reach. His conversation with Nzinga Broussard of Sorenson Impact Institute was recorded live at SOCAP23.
With a portfolio that includes more than $4 billion invested over more than 30 years, Advantage Capital demonstrates how investing can create waves of positive impact across communities and sectors. The firm’s unique investment approach prioritizes meaningful impact measurement and dynamic partnerships.

Driving Impact with Meaningful Measurement

As the global impact community evolves and expands, so does SOCAP Global’s annual flagship conference. One key element is SOCAP Open, which invites the impact community to submit session proposals and brings new voices and differing perspectives to SOCAP.
SOCAP Open offers individuals and organizations the chance to showcase innovative ideas, delve into impactful solutions, and open conversations about pressing issues on the SOCAP stage. Two members of the SOCAP team sat down for a Money + Meaning podcast conversation on guidelines and updates for this year’s process.

All About SOCAP Open

A new Money + Meaning podcast episode features a SOCAP23 session exploring innovative funding models that go beyond equity and debt. Three fund managers share their capital solutions designed to better meet the financial needs of many entrepreneurs, especially founders, who often are overlooked in traditional funding markets.

Driving Impact in Opportunity Zones at the Kresge Foundation

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