LOCUS Impact Investing One Year Old; Decades of Experience
LOCUS Impact Investing
In 2017, VCC and the nationally recognized Center for Rural Entrepreneurship (CRE) announced the launch of LOCUS Impact Investing (LOCUS), a new social enterprise to empower place-focused foundations to invest their capital locally to build prosperous, vibrant communities.
Thanks to place-focused foundation clients around the country, LOCUS Impact Investing celebrated its one-year anniversary last month! Although LOCUS is only 1 year old, it brings DECADES of experience from Virginia Community Capital and the Center for Rural Entrepreneurship. In its first year of operation, LOCUS delivered on 34 projects in 18 states: projects included culture change consulting, landscape assessments, PRI due diligence, mission portfolio servicing and Transfer of WealthTM analysis. LOCUS also generated new national wealth transfer data available in a special report prepared by the Chronicle of Philanthropy.