For over 30 years, Warner’s impact investing team has been dedicated to advising clients on the unique challenges and opportunities for nonprofit organizations that engage in the offering of securities. With a nationwide reach, we specialize in enabling our clients to craft investment opportunities consistent with their charitable mission and in full compliance with the complex federal and state securities laws, including the unique exemptions and exclusions available exclusively to nonprofit organizations. We work with a diverse range of organizations, including charitable foundations, community development financial institutions (CDFIs) and other community development organizations, church extension funds (CEFs) and other faith-based organizations and multiple types of collective investment funds for charitable organizations in offerings spanning the United States and its territories.
Investments with Social Impact
Today’s institutional and individual investors are seeking to make a social impact alongside a return on their investments. According to The World Bank, up to $2 trillion in global capital has been invested with a mandate to achieve positive impact, and this trend is on the rise. Warner isn’t new to this type of investing, having established our practice over three decades ago of working with nonprofits and their securities compliance issues – well before “social impact” was a buzzword. Our attorneys remain on the cutting edge of this sector and counsel many clients with impact investment offerings ranging from limited private placements to continuous 50-state public offerings of securities. We are proud to guide our clients through the regulatory challenges imposed by federal and state securities laws while utilizing the unique exemptions and exclusions for charitable organizations. These exemptions vary depending on the particular states where the issuer and investors are located but they can significantly reduce the issuer’s compliance burden and cost of capital if utilized correctly.
