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Case Study: Utilizing DAF’s To Amplify Impact
Case Study: Utilizing DAF's to Amplify Impact
Learn how Givinga has partnered with Citizen Mint to amplify the impact of DAF dollars and how you can amplify your dollars for more impact.
AFFORDABLE HOUSING • REAL ESTATE INVESTMENTS
Objectives
Givinga’s foundational mission is to create meaningful and intentional impact by removing the traditional financial barriers to charitable giving. This mission started with a fresh take on Donor Advised Funds, offering both brands and individuals innovative strategies to maximize their impact and more effectively support their chosen causes. Givinga realized that they could amplify the impact for their clients through investments that seek both positive social or environmental impact as well as compelling financial returns. These are called Impact Investments.
Solutions
In early 2023, Givinga began exploring ways to enhance the impact of their clients’ contributions. They focused on enabling investments of DAF capital into direct-impact opportunities aligned with their clients’ interests. Looking ahead, the plan involves reinvesting the returns from these investments into further impactful projects and charitable endeavors. Givinga identified and partnered with Citizen Mint, which offers simple access to private market impact investments across asset classes and issue areas. These could include investments in affordable & workforce housing, renewable infrastructure, healthcare, education, and quality jobs. All of the opportunities presented by Citizen Mint have been vetted to maximize both financial returns as well as positive impact.
Benefits
Benefit One
Givinga’s partnership with Citizen Mint allows our clients to directly impact issue areas that are important to them, from affordable housing and climate change to education and quality jobs.
Benefit Two
Citizen Mint offers comprehensive impact and financial reporting on all investments, allowing companies to highlight important results with their users.
Benefit Three
Maximize the ultimate impact of charitable dollars by utilizing returns to invest in future impact investments or increase the size of your donation to charity.
Investment - Affordable & Attainable Housing
Overview of Issue
Affordable & workforce housing in many areas of the U.S. is in high demand while supply has remained stubbornly low. We need a dramatic increase in affordable housing for workers to be able to live locally, including teachers, nurses, firefighters, and retail/restaurant/hotel staff. Underinvested in for decades despite strong growth in demand, we believe that quality affordable housing can be both a good investment opportunity as well as a way to help alleviate the U.S. housing shortage.
Projected Returns
Target Annual Net Yield: 12%
Projected Positive Impact Goals
Givinga Investment
Givinga invested in a 115 unit affordable & attainable multifamily project. This project provides increased affordability to essential workers and is near easy transit stops for reduced car commuting trips. Additionally, 90% of units are for individuals making between 50-80% of area median income (AMI). From an environmental perspective, the project minimizes its carbon footprint by implementing rainwater harvesting systems, utilizing high-efficiency water and energy solutions, and recycling construction waste generated on-site. The housing also provides tenants better livability through high quality finishes and access to one of the top neighborhoods in the Seattle area. From a returns perspective the project is expected to provide a ~1.4x multiple on invested capital, allowing for additional future dollars for charitable giving.
Want to Learn More?
If you want to learn more about the current opportunities available to your DAF plan or would like to explore unique opportunities to create additional impact through your DAF funds, please contact our team. Contact info below.
Josh HileCEO & CIOjosh@citizenmint.com425-974-5564
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