What if I told you that, just as there are renewable energy sources, there is a renewable financial resource — and it’s already quietly making progress possible? Impact investing, which generates financial returns alongside positive social change, is proving a valuable tool for spurring large scale, inclusive economic growth and creating income and wealth for residents. Impact investments can take the form of low-interest loans, venture capital or municipal bond investments, for example, all with the goal of addressing critical social needs.

The Baltimore Community Foundation is proud to announce the launch of the Black Philanthropy Circle. The Black Philanthropy Circle is a nonprofit 501(c)3 donor-advised fund focused on charitable giving to nonprofits that directly support Black people and communities in the Baltimore metropolitan area. Founded by a group of more than 30 Black business and civic leaders, the Black Philanthropy Circle was established to cultivate an inclusive philanthropic community, to build the capacity of Baltimore’s Black nonprofits, and to impact Greater Baltimore’s Black community at large.