Empower
Purchased a building in the North End as part of the Vamos Nomar vision to revitalize the area.
Launched in 2022, ImpactICT at the Wichita Foundation makes impact investments structured as flexible, affordable loans to local nonprofits or businesses.
With impact investments there is a recycling of philanthropic capital that can be invested into new projects. The process can be repeated over and over creating a cycle of good.
ImpactICT is a portfolio of investments that align with our strategic initiatives. To date, ImpactICT has invested $1,115,000 in Wichita, making loans to the following nonprofits:
Purchased a building in the North End as part of the Vamos Nomar vision to revitalize the area.
The expansion of an incubator program, which opened retail or product-based businesses.
Aide in financial difficulties due to the pandemic-induced cancellation of its 2020 season and aftershocks.
We acknowledge the need for an equity lens on our investments. From previous economic trajectory work, we know:
WF Board and staff utilize a combination of an impact evaluation, risk facor scoring rubric and other information deemed necessary to make an educated decision on investments. If a proposal is approved by the ImpactICT Fund Committee and the WF Board of Directors, WF staff then works with partners to manage the loan process, closing and other administrative tasks.