Next Economy Now

The Next Economy Now podcast interviews Boston Impact Initiative founding partner Deborah Frieze about how to create healthy, resilient and inclusive communities by redistributing wealth from where it’s been accumulated to where it’s been extracted from.

Impact Terms Project

The Impact Terms Project was created to encourage the growth of impact investing around the world by helping people learn from and build on the experience of pioneers in the field. Their ambition is to make ITP a library of real-world knowledge and expertise on structuring impact investments and enterprises.

We’re Hiring an Administrator

The position will work closely with the Managing Director to provide administrative support for BII’s investing activities, investor relations, banking and accounting, data management, event planning, social media and general administration. The Administrator will play an essential role in helping launch Boston Impact Initiative as a Charitable Loan Fund.

Duties and Responsibilities

  • Track portfolio companies’ payments and reporting requirements
  • Coordinate capital disbursement and closing document preparation
  • Prepare monthly financial reports
  • Manage BII’s investor database, payments and reporting requirements
  • Provide event planning support
  • Update and maintain BII’s web site
  • Manage BII’s social media presence

Desired Skills and Experience

  • Ability to be self-directed; entrepreneurial experience a plus
  • Excellent attention to detail and strong Internet skills
  • Financial reporting and management experience
  • Ability to create advanced spreadsheets and basic accounting
  • Strong project management skills
  • Willingness to continuously learn and adapt
  • Excellent interpersonal skills including verbal and written communication
  • Constant Contact and WordPress
  • Bilingual in Spanish a plus
  • Experience living and working in Boston a plus

Boston Impact Initiative is an equal opportunity employer. Boston residents, women, Black people, people of color, immigrants, queer and gender nonconforming people strongly encouraged to apply.

MA Pathways

Massachusetts Pathways LLC, a collaboration between Commonwealth of Massachusetts, JVS Boston, and Social Finance, is the nation’s first adult education/employment Pay for Success Bond in the country. This $15 million project will provide adult education and employment services to nearly 3,000 individuals across the greater Boston area, north shore, and metro-west. In 2017, BII made an investment into the project that will be repaid based on successful social outcomes. Learn more

Sunwealth

Sunwealth is a pioneering clean energy investment firm determined to unleash the power of commercial solar by delivering meaningful returns and tangible impact. Sunwealth’s Boston Interfaith Solar Project provides project financing and development of solar on houses of worship. In 2017, BII provided a loan to help finance clean energy on three houses of worship in Dorchester, Jamaica Plain and Roxbury, thereby reducing energy bills. Also in 2017, we made a second investment in a fund that aggregates low-income homeowners and anchor non-profits in economically distressed neighborhoods. Learn more

Mike Leyba

Originally from Los Angeles, Mike is an activist, communicator and futurist living in Boston. Mike became an activist during the Campaign Against Prop 8 in California, a ballot initiative that would have banned same-sex marriage. He has managed multiple political campaigns for State Representative. Mike is currently Communications Director for United for a Fair Economy, a national nonprofit highlighting racial and gender inequality in the United States.

He’s the author of several publications, including State of the Dream 2017: Mourning in America, State of the Dream 2016: #BlackLivesMatter and the Economy and State of the Dream 2015: Underbanked and Overcharged, among others.

Mike is the Boston Impact Initiative Board representative from City Life / Vida Urbana.

 

Lisa Hayles

Lisa Hayles specializes in promoting sustainable and impact investing with institutional investors. She works at Boston Common Asset Management, where she focuses on engagements promoting gender and racial equality. A native of Toronto, Lisa relocated to Boston from the UK in 2013. She supports Womenade, a giving circle serving Boston area women and girls and is on the investment committee of the St. James Episcopal Church in Cambridge. An enthusiastic traveler, dancer and yoga practitioner, Lisa is interested in the intersection of financial markets and social justice.

Lisa is the Boston Impact Initiative Board representative for RSF Social Finance.

Introducing Mark Watson as Managing Director

Back in October, Mark Watson joined our Investment Committee. It didn’t take long for us to fall in love with him, and apparently the feeling was mutual: Mark agreed to join us full time in April to lead Boston Impact Initiative into this next stage of our growth. 

Mark is former CEO and founder of Keel Asset Management LLC, a financial advisory firm that provides socially responsible financial planning and investment advisory services to nonprofits, public and corporation pension plans. He is currently an Advisory Board member of the Cape Development Partnership and the Fair Food Network; Chair of the The Highland Center and the Triskeles Foundation’s Asset Management Committee; an affiliate of the Boston Area Sustainable Investment Consortium; a member of US/SIF; an Overseer of the Museum of Fine Arts-Boston; and a former board member of the Social Venture Network. 

 

Worker Ownership in Boston

The City of Boston has launched a Worker Cooperative Initiative in concert with Mayor Walsh’s efforts to expand support for small businesses and entrepreneurs, and create opportunities for economic mobility for every Bostonian. BII is actively participating in the City’s efforts. Learn more