Policy
Health legacy impact investment policy, version 3
Every save creates a new version. Evaluations, attestations, and decisions bind to a version and are marked stale when a newer one exists.
Current version
- Geography
- AZ: Pinal and Pima counties only
- Instruments
- note, loan, line of credit
- Counterparty types
- nonprofit, cdfi, cooperative
- Excluded sectors
- fossil fuels, gambling, payday lending, private prisons
- Check size
- $250,000 to $2,000,000
- Share of endowment
- at most 5% of $48,000,000
- Themes required
- community health, health facilities, behavioral health
- Return expectation required
- at least 2% per year
- Term required
- at most 7 years
- Required evidence
- term sheet, financial statements
- Catalytic gate
- on; label when a test fails: “not catalytic under this policy”
Version history
| Version | What changed from the version before | Saved |
|---|---|---|
| v3 current | Geography changed from “AZ: Pinal County only” to “AZ: Pinal and Pima counties only”. Themes: added behavioral health. | Seeded demo data |
| v2 | Themes: added community health. | Seeded demo data |
| v1 | First version. | Seeded demo data |
Versions marked seeded were loaded together as demo data, so they have no save times of their own. A version saved in the editor shows when it was saved.