The NOAH Impact Fund, often referred to as Noah, receives its funding through a robust public-private partnership. This collaborative effort involves a diverse group of financial institutions, governmental bodies, and philanthropic organizations, all committed to making impact investments.
A Collaborative Public-Private Partnership
The NOAH Impact Fund I is structured as a unique public-private partnership. This model combines resources and expertise from both the public sector (government agencies) and the private sector (banks and foundations) to achieve shared goals. The various investors contribute capital to support initiatives designed to create positive social and environmental outcomes.
Key Investors in the NOAH Impact Fund
The funding for the NOAH Impact Fund I comes from a specific set of investors, each playing a crucial role in its financial foundation. These entities have made targeted impact investments to further the fund's mission.
| Investor Category | Specific Investors |
|---|---|
| Banks | Bremer Bank |
| Sunrise Banks | |
| Western Bank – A Division of American National Bank | |
| Government Entities | Minnesota Housing Finance Agency |
| Hennepin County | |
| Foundations | The McKnight Foundation |
| Otto Bremer Trust |
Diverse Funding Sources
The combination of these organizations highlights the fund's multifaceted support base:
- Financial Institutions: Banks like Bremer Bank, Sunrise Banks, and Western Bank – A Division of American National Bank, contribute private capital, often seeking both financial returns and social impact.
- Government Agencies: Entities such as the Minnesota Housing Finance Agency and Hennepin County represent the public sector's commitment to addressing community needs through strategic investments.
- Philanthropic Foundations: Organizations like The McKnight Foundation and Otto Bremer Trust provide crucial philanthropic support, aligning their charitable goals with the fund's objectives.
Purpose of Funding
The collective investments from these partners enable the NOAH Impact Fund to pursue its mandate. While the specific details of what the investments "support" are not fully disclosed in available information, it is clear that the funds are allocated as impact investments. This signifies a commitment to generating measurable social and environmental benefit alongside a financial return, typically focusing on areas such as affordable housing, community development, and other initiatives that foster sustainable and equitable communities.
For more information, you can visit the NOAH Impact Fund website.
