Make a Recoverable Grant

The Boston Foundation is pleased to offer a selection of recoverable grant opportunities for our Donor Advised Fund holders to multiply the impact of their charitable dollars and support organizations that are advancing equity in Greater Boston.

Do you have a current Donor Advised Fund at the Boston Foundation?

YesNo

If you do not have a TBF DAF and are interested in making a recoverable grant, you can learn more about our Donor Advised Funds and how to open a DAF by contacting Lory Lannon at lory.lannon@tbf.org.

Full Name

Opportunity Selection

Enter the recoverable grant amounts you would like to recommend for each recoverable grant portfolio (Note: for any portfolios that you select the minimum is $25,000)

BIPOC Small Business Lending $

Climate Justice $

Equal Opportunity for Families $

Equitable Housing $

Total Recoverable Grant Amount $

Enter the fund that should be used for these recoverable grants

Are you willing to make a voluntary donation of 2% of the total recoverable grant amount to cover administrative costs of sourcing, vetting, and executing these recoverable grants?

Recommended Donation Amount (2%) $

Other Donation Amount $

Agreements (both are required)

By checking this box, I acknowledge that I have reviewed the Recoverable Grant Portfolio descriptions and terms. I understand and accept the risk associated with these Recoverable Grant Portfolios. It is my hope and expectation that some or all of the funds I commit to these Portfolios may be regranted to TBF and returned to TBF for deposit into my Donor Advised Fund.

By checking this box, I understand that funds committed will be removed from the total of assets available for grants in my Donor Advised Fund before the Recoverable Grant funds are deployed to Recoverable Grant recipients

Recoverable Grant Minimums:

Recoverable Grant Portfolios: There is a minimum recoverable grant amount of $25,000 (per portfolio) to participate.
Custom Recoverable Grants: All donors are encouraged to consider recoverable grants to portfolios. However, TBF will facilitate direct recoverable grants to one of our portfolio organizations provided you can meet an organization’s minimum recoverable grant amount, which vary. There may be higher financial risk in making a recoverable grant to an individual organization. To make a custom recoverable grant, contact your TBF relationship manager.

Recommended Donation

To cover the cost of sourcing, curating, and ultimately executing recoverable grant transactions, the Boston Foundation is asking for an additional donation from donors along with your commitment to recoverable grant portfolios. This donation will help cover our expenses to avoid passing these costs off to recipient organizations, which could increase the interest rates they charge the individuals and enterprises they lend to.

We recommend a donation amounting to 2% of your total recoverable grant commitment. If you choose to make this additional donation, this amount will be charged to your DAF account.

Hear from other donors and recoverable grant recipients:

"Recoverable grants increase your charitable mileage by giving you a chance to recycle capital… while making modest grants periodically, I got frustrated seeing money sitting in our DAF and wanted to make a bigger impact sooner."

Paul Gannon, Donor
“The risk is really in not doing the work. Recoverable grants allow us to fill a capital gap in the community and get dollars into the hands of people who have a vision for their neighborhood.”

Moddie Turay, MHIC, Recoverable Grant Recipient
“As I’ve gained experience with these products, and my focus on sustainable philanthropy, I’ve shifted my mindset to invest my DAF along a spectrum. All investing has risk, return, and has impact – whether positive or negative. I’ve realized how much more positive impact I can realize by investing in between" traditional investments and grant making.”

Dwight Poler, Donor
“We’re really excited about recoverable grants because it unleashes flexible, low-cost capital allowing us to provide capital to businesses who otherwise don’t have access to it.”

Glynn Lloyd, MCCI, Recoverable Grant Recipient
“Recoverable grants provide indispensable working capital to the organizations we support and allow us to deploy much larger amounts than we would otherwise.”

Karen Ansara, Donor
“I see recoverable grants as an opportunity to have a multiplier effect on my giving–allowing my dollars to be used over and over. The recoverable grant portfolios have allowed me to expand my philanthropy and support many more organizations and people in the issues I’m passionate about, but would not have been able to do by myself.”

Jimmy Ellis, Donor

Make a Recoverable Grant

LEGAL AND PROGRAM DISCLAIMER: This website displays information about opportunities to deploy your donor advised fund assets via recoverable grants. The opportunities presented are not investments. Unless otherwise noted, investments and impact-first investments for the purposes of this website refer only to impact-driven recoverable grant opportunities in the DAF context and include capital with the possibility of principal return but do not include investment capital in pursuit of profit. DAF assets described and utilized pursuant to the descriptions in this site will be used exclusively for charitable purposes. Any return of capital, up to the principal amount of the initial disbursement, will be redeployed exclusively for additional charitable impact. This site is premised on this understanding of investments and impact-first investing from DAFs.

Information on opportunities is provided for informational purposes only and does not constitute an invitation, offer or solicitation to engage in any investment activity including to buy or sell any security or investment product. All information is provided for informational purposes only and does not constitute, and should not be construed as, investment advice or a recommendation to buy, sell or otherwise transact in any security or investment, including, but not limited to recoverable grants.

While the Boston Foundation and Social Finance have taken reasonable care to ensure that the information contained on this website is accurate, current and complete, the information on this website is provided “as is.” Social Finance makes no warranty, expressed or implied, regarding the accuracy, validity or completeness of the information on this website and disclaims all other warranties. Donors are advised to conduct their own due diligence and investigation. Any person who acts upon or changes his or her investment position in reliance on the information contained on this website does so entirely at his or her own risk.

Make a Recoverable Grant

Make a Recoverable Grant

Hear from other donors and recoverable grant recipients:

"Recoverable grants increase your charitable mileage by giving you a chance to recycle capital… while making modest grants periodically, I got frustrated seeing money sitting in our DAF and wanted to make a bigger impact sooner."

“The risk is really in not doing the work. Recoverable grants allow us to fill a capital gap in the community and get dollars into the hands of people who have a vision for their neighborhood.”

“We’re really excited about recoverable grants because it unleashes flexible, low-cost capital allowing us to provide capital to businesses who otherwise don’t have access to it.”

“Recoverable grants provide indispensable working capital to the organizations we support and allow us to deploy much larger amounts than we would otherwise.”