Social Impact Investing


Beyond Granting

Using our assets for impact investing creates a virtuous cycle: It leverages philanthropic capital to address inequalities and scale positive change close to home—while generating a financial return.  

Since 2017, we’ve partnered with fundholders looking to accelerate social change by co-creating a social impact investing pool. Now you too can join us, by starting a Vital Social Impact Investment Fund. Each investment aligns with the issue areas outlined in the Foundation's biennial report on the quality of life in the city, Toronto's Vital Signs. All financial returns are re-invested in the pool to drive momentum. 


Since 2017 we’ve grown the permanent pool to $12 million and by the end of 2023 had committed almost $13 million with 26 investments. In 2023 we initiated a total of 5 new investments totaling $2.4 million aligned to our Vital Signs areas of income & wealth, housing and work. As our loans mature and are repaid, we have an opportunity to reinvest, allowing us to continually identify and fund social impact initiatives aligned with our mission for greater impact.



The Preserve and Protect Guarantee Program buys rooming houses to permanently preserve local affordable housing.


While loans and debt-based capital are sometimes available to Indigenous entrepreneurs, Raven Indigenous Capital Partners believe a customized approach is essential.


How SKETCH addressed skyrocketing rent in their Queen West neighbourhood to keep engaging young people, who live on the margins, through the transformative power of the arts.

Current Investments

Repaid Investments

Head over to the Meet Our Philanthropists webpage, to see the list of contributors to the Vital Social Impact Investment Fund. This pooled fund is what makes our impact investments possible. If you’d like to join the family, you can learn more about impact investing as a fund option and/ or by contacting: 

Find the members of our Social Impact Investment Advisory Committee here.

Salima Rawji Philanthropy Quote (2)


2021 SII Cover

From June 2020 to June 2021 we pooled more assets to maximize our impact. We also stepped into new territory. Read stories on our latest three investees and a reflection from chief operating officer, Denise Arsenault. 

2020 SII Cover

Read our first-ever social impact investing report, released in fall 2020, for our reflection on our first four years building up our social impact investing program, what we’ve learned and where we’re headed.

We acknowledge we are on the traditional territories of the Huron-Wendat, the Anishinabek Nation, the Haudenosaunee Confederacy and the Mississaugas of the Credit First Nation. While Indigenous communities in Toronto remain strong, vibrant, and resilient, they need support to address and overcome the impact of colonialism and systemic inequalities. Furthering Indigenous reconciliation and sovereignty are integral to achieving a more fair and just society where everyone can thrive.

We aim to be an ally and to fund local Indigenous organizations.