iCubed helps organizations achieve greater positive societal impact, applying capital markets principles to their philanthropic process.
How your organization chooses to consider and potentially integrate impact into your investment and grant making process requires thoughtful and customized strategy setting, capacity building, measurement, monitoring, reporting and responsible exits.
Through our education and capacity building initiatives, iCubed works to put itself out of work, and render our services obsolete.
We can help you clarify your commitment to impact, and assess opportunities to achieve your goals.
Optimize your philanthropy toolbox
iCubed solves the barriers to entry for foundations and family offices in charitable impact investing
The Center for High Impact Philanthropy at UPenn asked what deters foundations from using PRIs (program related investments) and identified the following barriers:
- A lack of basic understanding of PRIs, including how they can help advance a foundation’s strategy;
- A lack of the requisite skillset to perform PRIs (e.g. financial and legal analysis);
- Difficulty measuring the success of PRI outcomes, due to gaps in data and technical expertise (legal and financial analysis infrastructure).
The foundations leading the way on PRIs and other forms of impact investing have the resources to develop skills, and capacity to support this strategy. For example, The Gates Foundation relies on a team of experts who work to negotiate term sheets and agreements and to address the legal complexities (e.g. drafting term agreements, ensuring compliance) involved in impact investments. Most foundations lack this expertise.
Impact investments require another layer of due diligence and additional capacity that foundations might not possess. iCubed fills the gap for these resources, by providing a team of experts who work to understand the unique needs of each client.
Comprehensive support for impact investing
Mission aligned opportunity overview
Landscape & portfolio assessment
Investment policy parameters
Financial modeling & analysis
Legal expenditure responsibility opinion
Board write-up/investment presentation
Internal capacity assessment
Education & training
Process development & implementation