Community bonds are an alternative model of financing for charities and nonprofits, that are repayable to investors, with defined interest terms. The bonds allow organizations to collect capital for projects and pay it back over time, like a loan, but you’re enabling your community to support it instead of putting money back into the big bank.
Today’s guest is Ryan Collins-Swartz from Tapestry Capital. He helps organizations across Ontario raise community bonds, which are a powerful way for nonprofits and charities to finance capital projects by raising investments from their supporters. They allow citizens to invest locally in meaningful projects.
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Resources from this Episode
- The Good Partnership Guide
- Tapestry Capital – sign up to be notified of the next Community Bond Workshop!
The Small Nonprofit is produced by Eloisa Jane Mariano