Microfinance Fund 2009 - A Discussion with Rick Beckett

Microfinance Fund 2009
A discussion with Rick Beckett
Thursday, September 24, 2009
8 o’clock in the morning
At the offices of Global Partnerships, 909 NE Boat St Suite 200, Seattle
Directions and parking information

Please join Global Partnerships President & CEO Rick Beckett for a discussion about mission investing. Learn how Microfinance Fund 2009 offers foundations an innovative way to earn income while expanding opportunity for people living in poverty.

Breakfast will be provided .

Kindly RSVP by Thursday, September 17 to Jason Henning at 206.652.8707 or jhenning@globalpartnerships.org.

Aligning Assets with Mission

More and more foundations are leveraging their assets to achieve both financial and social returns through mission investing. Mission investing refers to the practice of using financial investments as tools to advance a foundation’s mission. Through program-related in vestments (PRIs) and mission-related investments (MRIs), foundations are increasingly deploying additional resources to complement their traditional grantmaking for greater programmatic impact.

Microfinance Fund 2009

Global Partnerships recently launched Microfinance Fund 2009 (MFF 2009), its fourth fund aimed at increasing access to microcredit for people living in poverty, with an emphasis on women and the rural poor. MFF 2009 offers investors a competitive fixed income return
with well managed risk and high social impact. Some highlights:

• Term: Six years
• Interest: Paid quarterly (see below for capital structure)
• Principal: Single payment at fund’s maturity
• Minimum investment: $100,000, over two capital calls