MissionHUB Launches Strategic Nonprofit Partnership with ImpactAssets
Expands Capability to Partner with Foundations to Fund Social Innovation Events and Education Worldwide
SAN FRANCISCO, CA, November 16, 2015 – MissionHUB, a global marketplace for social innovation with Impact Hub campuses in San Francisco, Berkeley, New York City, Philadelphia, and Washington, D.C., as well as the Social Capital Markets Conference (SOCAP) for impact investing, has launched a strategic partnership with ImpactAssets, a nonprofit financial services firm that increases the flow of capital into investments that deliver financial, social and environmental returns.
“With this partnership, we expand our ability to bring foundations and corporations into the MissionHUB marketplace to co-create events and educational content with us – at our annual SOCAP conference, online, and on our Impact Hub campuses across the U.S.,” says Eryc Branham, CEO of MissionHUB.
“ImpactAssets utilizes its 501c3 public charity status to accept tax deductible grants from donors, and then carefully exercises expenditure responsibility over projects at SOCAP and Impact Hubs that are designed to make the world a better place,” says Tim Freundlich, President of ImpactAssets.
“Over the last few years, we have had consistently high demand to expand SOCAP’s presence and partnerships,” says Lindsay Smalling, Director of Programming at SOCAP. “Partnership with ImpactAssets enables us to accept grants from leading philanthropic organizations to advance the conversation on aligned issue areas, through high-quality programming that educates and activates new communities. We look forward to engaging the donor community to incorporate their insights for continuing SOCAP-themed conversations at Impact Hub community campuses throughout the year.”
If you are interested in sponsoring SOCAPtv or SOCAP 365, supporting conversations at the intersection of money and meaning, contact Jamie McGonnigal, Director of Business Development, firstname.lastname@example.org.
MissionHUB is a global marketplace for social innovation. MissionHUB supports social entrepreneurs and impact investors in building sustainable businesses that drive long-term social and environmental change. A part of the global Impact Hub network of more than 11,000 members, MissionHUB operates five Impact Hub coworking and events space campuses in San Francisco, Berkeley, Philadelphia, and Washington, D.C., and New York City. Since 2008, MissionHUB has powered the SOCAP Conference, dedicated to accelerating a new global market at the intersection of money & meaning. SOCAP’s annual flagship event in San Francisco is the largest conference for impact investors and social entrepreneurs.
ImpactAssets is a public charity that runs a $225+ million donor advised fund, manages impact investment products, and does a range of fiscal sponsorship and expenditure responsibility activity for strategic field building. Expenditure responsibility is a technical term for when a nonprofit funder such as ImpactAssets oversees charitable program activity conducted by a for-profit partner.