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Social Impact Investments


We are committed to increasing our social impact by investing our corpus responsibly and growing our social impact investment portfolio. We now aim for 20% invested in social impact investments (up from 15%), and currently have 32 totalling $14.8M (10% of the portfolio).

Fund managers Third Link, Future Generation Investment Company (FGX) and Future Generation Global Fund (FGG) have also been selected due to their philanthropic and charitable nature. If these investments  were included within our impact investments, the percentage share of impact investments would increase to 30% of our portfolio (refer to June 2023 graph).

Due to our large investment in Future Generation’s FGG and FGX, The Snow Foundation was given the opportunity to nominate charities to donate our earned investment income this year. We selected the following ($227,770 total in donations): St John’s Care, PCYC Canberra, Australians Investing in Women, Clean Slate Clinic, SMART Recovery, Bonnie Support Services, The Social Outfit, 4 Voices, Project Youth, The Farm in Galong, Toora – Zonta Club of Canberra Breakfast, AbilityMade, Global Sisters, Good360 Australia, Project Youth, Orana.

New Impact Investments 2022/23

For Purpose Investment Partners Impact Fund $500k – disability accommodation, affordable housing, mental health, skills education and training.

Enabler $250k – workforce training for disability and aged care support workers.

Kindship $250k – social networking app for parents raising children with delays, neurodivergence and disabilities.

Verve $200k – Australia’s first ethical super fund for women, by women.

MoreGoodDays 200k – evidence-based online program for fibromyalgia pain management.

Seer Data $150k – community-centred data platform that enables users to find, integrate, and share data.

Existing Impact Investments 2015-2022

AbilityMade II $200k – creates custom-made 3D printed ankle-foot orthoses for children.

Australian Unity Disability Housing $2.2M – disability accommodation.

Melior $3.2M – invests in companies with core businesses creating net positive impact in line with UN Sustainable Development Goals.

Synergis Fund $500k – data platform designed for the community sector.

Seer Data Analytics 200k – evidence-based online program for fibromyalgia pain management.

Xceptional BOLD $100k – employment opportunities for people with Autism Spectrum Disorder

AbilityMade $550k – custom made 3D printed ankle-foot orthoses for children.

Patamar II $514k partially drawn – international fund: low-income communities, companies in agriculture, e-commerce, health care and financial.

CSIRO $660k partially drawn – invests in technology and science ventures with potential to disrupt.

CSL Limited $279k – global biotechnology company – products to treat/prevent human medical conditions.

ResMed Inc $220k – medical equipment company specialising in treatment of sleep-related breathing disorders.

Cochlear $263k – designs, manufactures and supplies the Nucleus cochlear implant, the Hybrid electro-acoustic implant and the Baha bone conduction implant.

Murray Darling Basin Balanced Water Fund $1.2M – environmental watering in wetlands of spiritual and cultural significance to First Nations People.

SEFA Loan Fund $300k – affordable housing, Indigenous training/employment, refugee services.

Project Independence $250k undrawn – disability housing model for home ownership.

Social Ventures Australia Fund $464k partially drawn – invests in impact: housing projects, education, employment, housing, First Nations, disability, health.

Giant Leap Fund $250k partially drawn – invests in companies whose mission is to create a sustainable society.

Compass SIB $300k – housing and support to young people exiting out-of-home care.

The Conscious Investment Management Impact Fund $500k – renewable energy, specialist disability accommodation, seniors housing, affordable housing.

Jigsaw $250k – disability training and employment.

The Impact Fund $500k – specialist disability accommodation, affordable housing, renewable energy.

Palisade Impact Fund $288k – next-generation infrastructure solutions that contribute to the goals of NetZero carbon emissions, zero waste and zero inequality.

Giant Leap Fund II $500k – empowers people, health, well-being and sustainable living.