Pillar Nonprofit Innovation Works Community Bond
Product Details
Product Name: Innovation Works Community Bond
Overview: Community Bond presented an opportunity for supporters of Innovation Works to make an investment that earns interest while creating community impact. Investors are providing debt financing for renovations and needed capital, and will earn 3% interest per annum over the next 5 years.
Issues Focused: Partnerships for the goals
Asset Class: Private Debt
Geography: Ontario
Impact Measurement
IRIS 4.0 Social Impact Objectives: Community Development
IRIS 4.0 Environmental Impact Objectives:
IRIS 4.0 Targets:
Impact Evidence Type: Output Data: Report a selection of relevant investee outputs consistent with impact goals.
Pillar Nonprofit

Last updated by Pillar Nonprofit on 05 Nov 07:05

Investment Details
Legal Structure: Secured Debt
Product Stage: Seed
Part of Series: Not Specified
Investment Availability: Closed
Minimum Investment: $1,000
Investor Eligibility: Retail Investors
Assets Under Management: $1M < AUM < $5M
Average Management Fees %:
Average Performance Expectations: 0% ≤ Expectations ≤ 4%
Performance To Date: Not Specified