Impact Investing Next Steps

Thank you for your interest in securing an impact investment from the DeKalb County Community Foundation. If you haven't already, please read the Impact Investing Program Information document prior to completing an application.

The Community Foundation seeks to collaborate with different types of partners and stakeholders to create impact and grow a more capable, functional, accessible, and inclusive capital ecosystem. Impact investments are projects that achieve measurable community impact along with financial return.

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Impact Investment Application

Please complete the application below to submit your request. Note: The application must be completed in a single session. It cannot be saved and resumed later.

For financial or application questions on impact investing, please contact Finance Director Kay Riley at 815-748-5383 or For project suitability, impact, and operational questions, please contact Executive Director Dan Templin at 815-748-5383 or

Primary organization leading the project.
Primary organization type, i.e. 501(c)(3), government entity, for-profit sole proprietorship, etc.
Primary area benefitted by project.
When will the money be needed? For example, 50% on DATE, and 50% on DATE.
Are you looking for a loan? Line of credit? Loan guarantee? Other?
For example, total project cost of $500,000, asking for $50,000 from the Community Foundation, used to fund surveys, appraisals, and architectural plans.
Please provide as much detail as possible.
What sort of impact are you hoping to achieve with this project? For example, are you trying to address economic issues? Education? Environment? Economic/Racial Equity? Other?
Which demographic group(s) are you hoping to impact?
How will you measure impact? What indicators will you use? For example: A food pantry might target food insecure families, and measure outcomes by the number of clients who visit the pantry.
How do you expect to repay this investment? What sources of funds (to be used for repayment) do you expect to receive? For example, a loan could be repaid from rental income, sales of goods or services, government grants, donations, or other sources.
When will you receive repayment funding and how soon will you begin paying back the Community Foundation?
Who are the key project leaders and what are their respective team roles and responsibilities?
Who else is providing capital, loans, etc. to support the share of project cost not being requested from the Community Foundation? What financial and other advisors are involved in the project?
What are the key project milestones? For example: planning period DATE RANGE, close on financing DATE RANGE, project construction DATE RANGE, start-up period DATE RANGE, fully operational by DATE, loan repayment period DATE RANGE.
Will this project create new employment opportunities? If so, please provide details. How many, when, temporary or permanent, full time, part time, etc.
If applicable, what steps will you take to prevent or mitigate against gentrification? How will you measure gentrification? Gentrification is defined as ‘displacement and/or dispossession of residents against their will with insufficient financial remuneration’.
How does your project address the impact area(s) you identified above? For example: Impact area is access to healthcare, project addresses this by funding transportation to clinics.
How are you engaging with the local communities you are trying to impact? How do you plan to keep them engaged and involved? How will you respond to their concerns? For example, they are part of the planning process, they are on the project team, they are attending meetings, etc.
Describe the risks of project failure, both financial and impact. What are the risks if your project fails to achieve its intended impact? What are the risks that could cause financial loss? These are meant to describe the potential downsides if things don’t go according to plan.
Is there anything else you’d like to tell us that isn’t included in one of the other sections?
Click or drag a file to this area to upload.
Any project presentation or background materials.
Click or drag a file to this area to upload.
Three years of financial statements, preferably audited, tax returns (or Form 990s) and most recent interim financial statements for the current year. Fewer than three years is acceptable for newer organizations.
Click or drag a file to this area to upload.
Project budget showing sources and uses of funds.