The Council of Michigan Foundations held the 47th annual conference this week at the Grand Traverse Resort and Spa. Six board members and three staff members from the Community Foundation of St. Clair County attended the event. The conference focused on equity, partnership, and impact. Community Foundation Vice President Jackie Hanton said “impact investing” was one of the hot topics at the conference. She explained that impact investing is a financial tool that compliments grantmaking at the foundation.
In terms of “impact investing” at the Community Foundation of St. Clair County, Hanton said, “The Community Capital Club, which is part of the foundation, leads local impact investing and contributes to the general prosperity of the region by helping worthwhile early stage and growth companies succeed.” Hanton said the group from the foundation that was at the conference was “busy learning, and sharing stories of philanthropic leadership through impact investing and connecting with peers in their field.”
Reporting for WGRT, Mike Smith.