Impact Capital Managers

The Impact Capital Managers Institute is a 501(c)(3) organization affiliated with the ICM membership association, a 501(c)(6) network of leading private capital impact funds. The Institute’s core mission is to grow and shape the impact investing field with integrity and authenticity, complementing the association’s focus on advancing member performance. The Institute operates at the intersection of research, field-building, and talent development. It produces public research reports annually, often in collaboration with strategic partners to advance knowledge, establish field norms, and influence practice across the impact investing ecosystem. In addition to research, the Institute supports field-building initiatives, including open-source frameworks and tools such as the Common Impact Due Diligence Questionnaire, developed with partners to standardize practices, reduce inefficiencies, and improve comparability across funds. The Institute also plays a key role in convening stakeholders and strengthening networks across the impact investing ecosystem, helping to build a more coordinated, transparent, and effective market. Overall, it serves as a critical intermediary, bridging investors, practitioners, and emerging talent while advancing standards, transparency, and collaboration across the impact investing field. This grant would provide flexible general operating support to advance these core organizational priorities.

The Impact Capital Managers Institute is creating a robust, equitable, and effective marketplace for market-rate, return-oriented private equity and venture capital funds in North America that are investing for meaningful impact. Collectively representing about $50 billion in impact-focused capital among close to 100 members, Impact Capital Managers members seek to make a compelling, collective argument that demonstrates investing for high-impact and high-returns is possible; to ensure that diversity, equity, and inclusion are central components of market-rate impact investing; and to develop common standards and practices around policy, legal norms, talent development, and market building for this particular segment of the broader impact investing landscape. This grant provides general operating support for these key organizational goals.

The recently-established Impact Capital Managers Institute is creating a robust, equitable and effective marketplace for market-rate, return-oriented private equity and venture capital funds in North America that are investing for meaningful impact. Collectively representing over $11 billion in impact-focused capital among 53 members, ICM members seek to make a compelling, collective argument that demonstrates investing for high-impact and high-returns is possible; to ensure that diversity, equity and inclusion are central components of market-rate impact investing; and to develop common standards and practices around policy, legal norms, talent development and market building for this particular segment of the broader impact investing landscape. This grant provides general operating support for these key organizational goals.

in support of general operations of Impact Capital Managers Institute, a network serving impact fund managers working to develop common standards and practices in areas such as impact measurement and management, policy and talent development.