Investor Assets Meet Social Impact: Good Returns, Inverdale Raise $10M for Guarantee Program GIVS

The Good Returns GIVS program is an innovative new model for impact investing that caps risk. Capital is used to make interest-free, fully guaranteed loans to impact organizations—while targeting a financial return for the investment.

Dallas-based social enterprise Good Returns and asset management firm Inverdale Capital Management announced today that they have raised more than $10 million in funding for their Guarantee-Investment-Values Strategies, or GIVS.

Good Returns GIVS has a unique philanthropic model that offers investors the opportunity to mobilize capital for local and global impact while capping risk on the use of funds, according to co-founder Salah Boukadoum. The GIVS account also offers a clear understanding of how returns are generated, he said.

How GIVS works

Investors in GIVS designate a portion of their managed assets to serve as collateral for Good Returns impact loans, according to a release. The invested capital provides funding for organizations addressing social issues. Good Returns vets the “impact organizations” — those that address social challenges using financially and operationally sustainable models. Capital is deployed and assets are continuously invested throughout Good Returns’ one-year interest-free and fully guaranteed loan program, called a “cycle.” 


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In September, Dallas Innovates reported that Dallas-based financial services group ORIX USA Corp. would provide $250,000 in capital to Good Returns. “Our partnership in this new program will empower other companies and corporate foundations to do the same,” ORIX Foundation Director Carol Greene said.

Good Returns’ GIVS offer opportunities

Inverdale Capital—a firm focused on alternative investments—thinks the interest in GIVS demonstrates that investors “are aligned with [its] belief that social impact can go hand in hand with strategies that target financial returns,” according to Ryan Small, managing partner at Inverdale Capital Management.

Good Returns has initiated four new domestic and international Cycles since the launch of GIVS in May, and those cycles have advanced women entrepreneurs and provided scaling capital for impact programs that focus on key areas of need, including poverty, education, and health. 

More impact organizations will get the resources they need to fulfill their missions, and in doing so, more lives will be improved around the world through the GIVS program, according to Good Returns.

“Our GIVS impact investment guarantee program has made it possible to offer companies the opportunity to participate in Good Returns Cycles that are much larger in both impact and scale,” Good Returns President Kyle Lukianuk said in a statement. “Good Returns can now help many more companies deploy sustainable capital for good.”

Good Returns Network was founded in Dallas in 2009.

WATCH

This film tells the story of Good Returns and its “new way to give,” according to Good Returns Co-founder Salah Boukadoum. During a storytelling trip to the Dominican Republic in July 2018 the video was captured. Courtesy Good Returns.

READ NEXT

ORIX Foundation Makes $250K ‘Cycle’ to Good Returns
The Dallas hybrid social enterprise will use the funds to help organizations scale sustainable programs that align with the ORIX Foundation’s main focus areas.

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