Business for Impact Workshop: Foundation Funding for Impact-Driven Businesses

Impact-driven businesses are often pushed towards traditional bank loans to obtain critical funding for their work. While bank loans are an important source of funding, they often lead to high levels of debt. Loans are not the only answer. In the greater Philadelphia region, there is an extensive and growing network of Foundations that are able to lend to impact-driven businesses. During this workshop, we’ll explore how these foundations operate, why a business’s impact matters to foundations, and how businesses can position themselves to receive funding.

This workshop will be led by Elizabeth Killough, Co-CEO of the UnTours Foundation, an international foundation based in Media, PA. The foundation provides loans and support to leading-edge businesses that address social, economic, and environmental issues, including creating jobs for vulnerable populations. Guests are encouraged to bring questions to this highly interactive and participatory lunchtime session.

Date: Wednesday, November 29 

Time: 12 – 1pm

Location: Virtual 

This program is FREE for SBN members and non-members. 

Speaker:

Elizabeth Killough, Co-CEO, UnTours Foundation 

Elizabeth Killough is the Co-CEO of the UnTours Foundation. Elizabeth’s work at the foundation includes promoting mission-aligned investing as a way to challenge and redefine the role that philanthropy and finance play in our economy. The UnTours Foundation owns UnTours, a unique travel company that is the world's first B Corp. Elizabeth played a key role in building a Fair Trade movement nationally helping to make Media the "First Fair Trade Town in the US" now followed by 44 other US cities and towns plus many houses of worship, schools, and universities. She is a vegan and long-time activist focused on environment, animal, and human rights. Her past work includes guiding organizational development, advocating change in US policy toward Central America, and addressing domestic hunger.