Wednesday, February 11, 2015
F.B. Heron Foundation Funds Feasibility Study on Impact Investing in Western NY
Western New York foundations and businesses have long invested their capital into growing the region.
But is there enough opportunity in the region to generate interest and investments from organizations outside of the region?
The Community Foundation for Greater Buffalo has hired Next Street, a New York City consulting firm, to help craft a feasibility study to help answer that question. The firm specializes on making connections between the public and private sectors to the nonprofit community.
Next Street consultants will conduct a series of interviews with Western New York leaders to determine the region's economic potential for impact investing through deals that yield both a financial and social return, said Clotilde Perez-Bode Dedecker, president and CEO at the Community Foundation....