SEF was delighted to celebrate an early Christmas present this year, with the recent announcement from Toronto of a national award for the Edmonton Community Foundation. ECF was recognized for Excellence in Mission Investingfor its role in the creation an ongoing commitment to the work of the Social Enterprise Fund.
Edmonton Community Foundation CEO Martin Garber-Conrad has announced ECF’s expanded commitment to social impact investing through the creation of the Alberta Social Enterprise Venture Fund. He made the announcement on 4 October at the Social Enterprise World Forum in Calgary. This investment structure will strengthen ECF’s response to the challenge from the Canadian Task Force on Social Finance to Canadian foundations to invest at least ten percent of their capital in mission-related investments by 2020.
