The Overlooked Lever: Investor Balance Sheets
There is a tool in the impact investing toolkit that doesn’t get nearly the attention it deserves. It doesn’t require a fund structure, a term sheet, or even a wire transfer. It lives on the balance sheet, costs almost nothing to deploy, and when used well, it can unlock multiples of its face value in new capital for the communities that need it most. It’s called a guarantee, and for foundations, community institutions, DAF holders, and other mission-driven asset holders, it may be the single most capital-efficient way to move money toward impact without actually reallocating it. There is sometimes…
