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Roundtable for Foundations – partnerships for impact

SEFA and the Vincent Fairfax Family Foundation (VFFF) will host an Roundtable for Foundations in Sydney on 5 May 2016. The event will explore how impact investors and philanthropists can unite to improve the impact of donation dollars through increased social and financial outcomes.

SEFA and VFFF will provide insight and share experience of their recent partnership – a first-of-its-kind in Australia. Earlier this year, SEFA, the Vincent Fairfax Family Foundation, and a successful crowdfunding campaign (the second largest in Australia to date), united to provide finance to Tender Funerals. The start-up social enterprise venture will deliver transparent, affordable funerals to a wide range of community members in Wollongong, NSW.

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According to SEFA, partnerships between foundations, impact investors, communities and mission-driven organisations can efficiently allocate resources to entrepreneurial initiatives that thrive for investment-readiness and sustainability on their own merits. Many of these early-stage ventures can find it challenging to obtain finance than more established businesses because they have a higher risk profile. Their business model is often unproven and there’s uncertainty about future cash flow and ability to repay debt.

Hanna Ebeling, SEFA Relationship Manager says, “innovative partnerships and funding models can support and enable new initiatives. They can structure loans with an appropriate mix of capital that in the long-term manage risk profiles for lenders whilst at the same time leverage the philanthropic dollar and lead to financial sustainability for clients.”

Read our Tender Funerals case study to find out more.

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