![Headshot of Kirstin Hill next to text about a Social Finance event titled "Beyond Payout: What Is Charitable Capital Doing Right Now?" hosted by The Center for Effective Philanthropy.](https://socialfinance.org/wp-content/uploads/2026/06/WEBSITE-News-Insight-Thumbnail-4-1000x673.png")
Center for Effective Philanthropy: Beyond Payout: What Is Charitable Capital Doing Right Now?
Responding to recent calls for increased foundation payout, Kirstin asks what philanthropic capital could do even before it is paid out.
Impact-First Investments
Insights
![Two people sit across from each other at a table; one is holding a clipboard and pen, appearing to conduct an interview or consultation.](https://socialfinance.org/wp-content/uploads/2026/06/pexels-alex-green-5699475-1000x667-1-768x512-1.jpg")
Exploring the “Third Wallet”: A New Tool for Impact-First Investing
The Social Finance Institute and the Rustandy Center at Chicago Booth have launched the IFI Tool, a free interactive resource that helps philanthropic investors explore impact-first investing, a middle ground between traditional grants and market-rate…
From the Social Finance Institute
![Several modern and historic office buildings rise against a blue sky with scattered clouds.](https://socialfinance.org/wp-content/uploads/2026/05/pexels-brett-sayles-9472547-1000x665.jpg")
Social Finance Impact First Fund Q1 2026 Report
The Social Finance Impact First Fund is pleased to share our Q1 2026 quarterly report, which covers Fund activity through March 31, 2026. The Impact First Fund is built to deliver flexible, risk-tolerant capital to…
![A red harvester transfers crops to a tractor trailer in a field, with wind turbines in the background under a clear blue sky.](https://socialfinance.org/wp-content/uploads/2026/03/Insights-Photo-1000x673.png")
Webinar: Seeds of Change: Impact Investing for Regenerative Agriculture
Conventional agriculture remains a leading source of pollution, greenhouse gas emissions, and biodiversity loss, yet farmers seeking to transition to regenerative practices face significant capital gaps and inflexible financing. This webinar explored how impact investing…
![Two people sit on stage having a discussion with microphones at the Stone Social Impact Forum, with a large screen and flags in the background.](https://socialfinance.org/wp-content/uploads/2026/03/109A6370-1000x667.jpg")
Tracy Palandjian on Investing in Opportunity: A Conversation with David Rubenstein
Tracy Palandjian joined the Stone Social Impact Forum for a conversation with David Rubenstein at the Edward M. Kennedy Institute for the United States Senate on the role of finance in expanding economic opportunity and…
![A construction crane towers over a building site with two workers standing on scaffolding against a cloudy sky.](https://socialfinance.org/wp-content/uploads/2026/02/Q4-2025-Report-Cover-Image-1000x673.png")
Social Finance Impact First Fund Q4 2025 Report
The Social Finance Impact First Fund is pleased to share our Q4 2025 quarterly report, which covers Fund activity through December 31, 2025. The Impact First Fund is built to deliver flexible, risk-tolerant capital to innovative…
![A woman with long red hair is pictured next to text about federal cuts threatening CDFIs and the role community foundations can play in filling the gap. Text includes her name, Kathleen O'Shea.](https://socialfinance.org/wp-content/uploads/2026/03/11-Kathleen-1000x673.png")
Next City: As Federal Cuts Threaten CDFIs, Community Foundations Can Fill the Gap
In this op-ed, Kathleen O’Shea highlights how federal cuts and staffing turmoil at the CDFI Fund threaten a vital source of capital for more than 1,400 mission‑driven lenders.
![Two adults walk hand-in-hand with a child through a forest, holding the child's hands and lifting them off the ground as they walk along a dirt path.](https://socialfinance.org/wp-content/uploads/2025/12/pexels-caleboquendo-3038369-1000x633.jpg")
Webinar: Impact Investing for Thriving Families
Thriving families are powerful drivers of economic mobility and community resilience. Yet many continue to face systemic barriers in securing the resources that allow them to prosper—access to capital, caregiving infrastructure, and wealth-building opportunities.
![Aerial view of a city at dusk showing numerous high-rise buildings with lights on, busy roads, and a sprawling urban landscape extending into the distance.](https://socialfinance.org/wp-content/uploads/2026/02/Untitled-design-1000x673.png")
Social Finance Impact First Fund Q3 2025 Report
The Social Finance Impact First Fund is pleased to share our Q4 2025 quarterly report, which covers Fund activity through September 30, 2025. The Impact First Fund is built to deliver flexible, risk-tolerant capital to innovative…