Oregon Impact Fund

Launched in 2018, the $30 million Oregon Impact Fund provides catalytic growth capital to Oregon-based nonprofit and for-profit ventures, funds and intermediaries. 

Oregon Community Foundation’s Oregon Impact Fund lends to nonprofit organizations and for-profit social ventures in Oregon that create quantifiable impact in the areas of affordable housing, education, health care access, natural resource management and job creation in underserved communities.

Combining $15 million in donor commitments with $15 million in OCF endowment funds, the $30 million Oregon Impact Fund invests primarily through intermediaries – funds or financial institutions that receive investment and then re-lend to businesses, nonprofits and individuals.

While the Fund focuses primarily on intermediaries with a proven track record of social impact and repayment of investment funds, in certain cases the Fund will also consider direct investments in individual projects or newer intermediaries.

Several recent investments include:   

Micro Enterprise Services of Oregon

A certified nonprofit community development financial institution that provides capital and mentoring to small business entrepreneurs, focusing on women, immigrants and communities of color.

Ecotrust Redd Project, The Marble Building

A food hub development in Portland’s Central Eastside designed to provide key missing pieces of infrastructure for Oregon’s medium-sized agricultural producers.

La Clinica

A federally qualified health center serving migrant and seasonal farmworker communities in Jackson County through neighborhood health centers, school based clinics and mobile health centers.

Investments range from $500,000 to $2,000,000 with terms of five to ten years. Investment diligence and terms for each opportunity are reviewed in detail by OCF’s Strategic Opportunities Committee and approved by the OCF Board. See the full portfolio of loans, as of November 2022, here.