Invest locally. Invest for justice. The Boston Impact Initiative Fund offers an investment opportunity for individuals, institutions and foundations that care about our community’s wealth divide to invest in enterprises that restore the productive capacity of communities of color. Learn how your investment can provide capital to entrepreneurs in Eastern Massachusetts.
Note: Within 18 months of opening the fund, it became oversubscribed and is now closed.
The Boston Impact Initiative Fund offers three types of investments that are pooled together to finance local entrepreneurs:
Economic inequality is not an accident. It is the result of decades of discriminatory and exclusionary policies and practices that have given rise to today’s racial wealth divide. Market mechanisms alone did not put the wealth divide in place; they cannot alone be expected to undo it. That’s why we need more than investment capital to help close Boston’s racial wealth divide; we also need philanthropic capital in the form of gifts and grants.
The Boston Impact Initiative Fund offers three ways for individuals, institutions and foundations to support our work:
Boston Impact Initiative Fund is dedicated to closing the wealth divide in Eastern Massachusetts. We are a 501(c)(3) public charity. Your contribution is tax-deductible.