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About Us

Benefit Chicago is mobilizing $100 million in impact investments

to finance the growth of impact enterprises throughout the Chicago region to:

  • Build wealth

    in or for communities through economic development, growth of community assets, and support for community-based entrepreneurs.

  • Create jobs

    that are accessible to community residents, particularly those for whom access to employment can be a challenge.

  • Enhance job readiness

    and skills for those seeking to find, maintain, and advance in employment.

How It Began

Reflecting a shared concern for the vitality and quality of life in Chicago-area communities, the Chicago Community Trust, the John D. and Catherine T. MacArthur Foundation, and Calvert Impact Capital created Benefit Chicago to bridge a gap in the region’s impact investment marketplace.

Photo of Investor on Chicago Street

Investing in Impact

Many impact enterprises want to grow or increase their effectiveness for greater impact. But, they often cannot access traditional financing due to factors such as lack of collateral, the need for customized terms, and perceived risk. At the same time, there are also a growing number of individuals, organizations, and institutions seeking an efficient way to make investments that have the potential to deliver social, economic, and environmental impact while aligning with their investment strategies. Benefit Chicago makes it easy to invest in the future of these communities through an accessible, fixed-income investment product.

Advisory Council

  • William Daley

    Argentiere Capital (Chairperson)

  • Asiaha Butler

    Resident Association of Greater Englewood

  • Grace Hou

    Woods Fund Chicago

  • Craig Huffman

    Ascendance Partners

  • Shirley Newsome

    South East Chicago Commission

  • Nyasha Nyamapfene

    Magnetar Capital Foundation

  • Timothy Schwertfeger

    Community Member

  • Tony Smith

    PNC Bank

  • Kim Hunt

    Pride Action Tank

  • Eric Weinheimer

    Forefront

  • Eric Lugo

    City Colleges of Chicago

Affiliations for information only.

Collaborators

Powered by deep philanthropic commitment, knowledge of the social sector in Chicago, and long-standing impact investing experience, Benefit Chicago provides a new way for individuals, organizations, and institutions that care about Chicago to invest for impact and make this region a better place for all.

The Chicago Community Trust

has been serving the people of metropolitan Chicago for more than 100 years to bring about conditions for a thriving region where all residents enjoy a high quality of life and opportunities for a better future in a prosperous and inclusive community. CCT.org

The John D. and Catherine T. MacArthur Foundation

supports creative people, effective institutions, and influential networks building a more just, verdant, and peaceful world. The Foundation has a 35-year track record in impact investing and has dedicated $500 million of its investment assets solely to this purpose. The Foundation is deeply committed to its hometown, where it has invested $1.3 billion in Chicago-area organizations and individuals since 1978. MacFound.org

Calvert Impact Capital

is a global impact investing intermediary that connects investors with the causes and places they care about through its Community Investment Note®. Since 1995, Calvert Impact Capital has helped investors create measurable social impact in communities, with a 100 percent repayment rate of principal and interest to its investors. CalvertImpactCapital.org

Want to Learn More?

Get in touch and be part of the impact.

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