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Blog Archives: December 2018

• Women on Board: A Breakfast to Support Women’s Leadership

December 20, 2018
In September of this year, California governor Jerry Brown signed landmark legislation SB 826 into law, requiring female representation on corporate boards based in the state. The law, which was sponsored by California Senator Hannah Beth Jackson, was a direct response to the dismal state of women’s leadership in corporate America. Case in point? Roughly a quarter of publicly traded companies headquartered in California have no women directors. That’s right. None. To celebrate the new law’s passing, Confluence convened a women’s breakfast ...

• Will Opportunity Zones Benefit Marginalized Communities?

December 19, 2018
In 2017, Congress passed comprehensive tax reform, and nestled in that complex document was an intriguing program: Opportunity Zones. The program aims to channel investments into the country’s neediest communities. Unfortunately, details about how Opportunity Zones will work have been thin on the ground, fueling some concern as the program’s 2019 launch date draws near. Confluence partnered with Sustainable Agriculture & Food Systems Funders (SAFSF), to bring together a panel of experts who could shed light on the new legislation. We were ...

• Sierra Club Foundation Protecting the Arctic Refuge

December 17, 2018
Dan Chu, Sierra Club Foundation
  “I’ll pick you up next week on a sandbar in the Arctic Ocean," said the Pilot... And with that, we watched the small prop plane disappear back over the Brooks Range, leaving the eight of us to begin our float trip through one of the most pristine areas on the planet, the  Arctic National Wildlife Refuge. For thousands of years, the largest herd of caribou on the planet have raised their calves on this vast coastal plain We had just come from meeting with Gwich’in leaders in Arctic Village where we learned of their symbiotic relationship ...

• New series launching in 2018

December 07, 2018
Confluence is excited to announce the launch of two new educational programs this year: “The Portfolio Open House” and “Sector Inspector.” These series reflect the expansion of our Practitioners programming to foster more peer-to-peer learning about the strategy and practice of investing. Both programs are offered exclusively to Confluence members. The Portfolio Open House series offers a comprehensive view, from strategy through execution, of a Confluence Practitioner member's specific approach to mission and program-related investing....

• PHILANTHROPIC COLLABORATIVE RAISES $3.35 MILLION TO INVEST IN NATIVE COMMUNITIES IN SOUTHWEST

December 05, 2018
The Rainmakers Investment Collaborative (RIC), a coordinated group of mission-related investors spearheaded by Confluence Philanthropy, has raised a total of $3.35 million in PRI and grant investments to Native communities in New Mexico and Arizona. Developed to address the lack of investment in tribal communities, RIC aims to fund affordable housing, small businesses, and agricultural development (among other focus areas) to rural communities across the Southwest. Tribes eligible for the program include The Pueblo, Navajo, Apache, and Hopi, ...

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