2. demand for social finance is increasing
• not-for-profit sector - huge & diverse
• 600,000 organisations
• many different tasks and aims
• capacity of not-for-profit providers of social impact
• subsectors of the not-for-profit sector
• government, community and business building society
3. supply
• emergence of impact investing
• initiatives around the world
• Australian government programs
4. linking supply & demand
• developing the mechanisms
• managing risk and yield
• overseas examples
• the bond market
• social impact bonds
• housing bonds
5. phanthropic
/ donations
grants &
gov’t
contracts
gov’t support
& guarantees
gov’t / SEDIF
/ CDFI
(SEFA,
Foresters,
SVA)
bank lending:
-CSB
- other Banks
community
bank
reinvest
strategy
crowd
funding
-social impact
bonds
- housing
bonds
corporate
impact
support (risk
mitigation)
fixed
interest
impact
investing
(SIDA)
equity
quasi /
equity
impact
investing
Social
return on
investment
social finance and capital markets
United
Kingdom
CDFI tax incentive
social
infrastructure
fund
housing
bonds
social
impact
bonds
big society
capital
emerging marketsavailable
7. social infrastructure
funding requirements
100%
0%
bank debt
risk appetite
blended capital
solution
• grant / philanthropy
• credit enhancement
• crowd funding
• government support
social infrastructure
project funding requirements
12. our story
• 2002 - launched as joint venture
of Bendigo Bank & Community 21
consortium of 20 not-for-profit
organisations
• 2013 - eleventh anniversary,
7,000 not-for- profit customers
ranging from small local
community groups to national
charities