Startup Momentum: What's up at Impact Foundation Q2 2016

Spring has gone by in a flash with lots of exciting momentum for Impact Foundation.  We've been encouraged to see the space of Kingdom impact investing picking up speed as well, especially how often we're seeing signs of real business. Our trip to Silicon Valley to join other limited partners in Sovereign's Capital provided great examples of companies and leaders pursuing business excellence--and attaining real, risk-adjusted profit--along with measurable kingdom impact. We'll write more about the Signs of Real Business in another blog post. 

As we preach to our portfolio companies the value of tracking impact metrics alongside financial ones, we've worked to determine the ones that matter most for us. We want those metrics to reflect our theory of change and tell us with some degree of clarity whether we're making progress on our goals. Also these metrics need to be light-weight enough to work for our small team.  We've come up with three things to track: 

Funds Deployed for Impact (traditional grants + impact investments)

$15,430,000

Impact Companies (and charities) served 

23

Pipeline Deals Likely next month

$6,350,000

Why these three? Because they track goals important to both our ministry and business goals. We're sustainable at about $70m in investments. So clearly we (and especially our spouses) care about how close we are to that goal. It's also a good proxy for whether we're having impact as our ministry goal is to make available for kingdom impact more of the $700 Billion in donor advised funds and private foundations. See our blog post Time to Update Charitable Giving for more explanation. 

Want to help? If you're excited to see where this movement might be headed, we would sure love to have you join us. 

During this season we are meditating on James 3:17 “But the wisdom from above is first pure, then peaceable, gentle, open to reason, full of mercy and good fruits, impartial and sincere.” As a start-up, we are earnestly seeking wisdom on a daily basis. There are so many directions we could go and opportunities we could pursue, but with our small team and focused strategy, we need the Lord’s wisdom.

We covet your continued prayers and connections. If you have questions, advice, or responses about any of the above, or if you would like to join in on any of it, please let us know.