Definition: Socially responsible investing that produces measurable triple bottom line results – social impact, environmental impact and positive financial returns.
Impact investing is essentially investing money in an organization, either profit-making or non-profit, with the expectation that it will generate a social benefit and perhaps a financial return. Unlike traditional philanthropy which expects 100% loss of principal, impact investing expects some financial return alongside social benefit.
Broadway is adept at creating solutions that address the needs of the impact investor by pairing newly created special purpose public-private partnerships that allow institution investors to reap the benefits of good corporate citizenry without taking on undue risk or foregoing a market rate yield on their investment. Broadway's underwriting group is experienced in vetting a wide array of socially responsible enterprises including: agriculture, alternative energy, education, housing and technology and we are well versed in the requirements of 501(c)3 organizations.