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News & Events

News & Event

Job Creation supported by GCF's impact investment with CincyTech

Impact investments by The Greater Cincinnati Foundation and its donors include CincyTech, which has announced its largest funding to date.

CincyTech signCINCINNATI (April 18, 2016) — The Greater Cincinnati Foundation uses impact investing to tie the discipline of the market with the social mission of philanthropy. These investments use charitable assets to invest in projects that can generate revenue as well as direct community benefits.

Impact investments by The Greater Cincinnati Foundation and its donors include CincyTech, the largest seed investor in the region. 

Read local media articles about CincyTech’s fourth and largest fund to date.
 

“After the economic downturn, The Greater Cincinnati Foundation and its donors realized we needed not just to place people in jobs, but to create jobs here in Cincinnati,” said Robert Killins Jr., director of Vibrant Places. “We want to grow our local economy. Through CincyTech, we are investing in local businesses, and investing in local jobs.”

Find out about impact investing at The Greater Cincinnati Foundation

About The Greater Cincinnati Foundation

One of the nation’s leading community foundations, The Greater Cincinnati Foundation helps people make the most of their giving to build a better community. We believe in the power of philanthropy to change the lives of people and communities. As a community foundation, GCF creates a prosperous Greater Cincinnati by investing in thriving people and vibrant places. An effective steward of the community’s charitable resources since 1963, the Foundation inspires philanthropy in eight counties in Ohio, Kentucky, and Indiana. At the end of 2015, GCF had net assets of $533 million.




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