Impact Fund a5 - new 10.7.22

THE KH IMPACT FUND
An Impact Investment Fund for the People of Israel

THE KH
IMPACT FUND

For over a century, Keren Hayesod-UIA has stood at the forefront of Israel’s
growth and progress. Now KH is once again on the cutting-edge of philanthropy
with a new paradigm that marries social responsibility with a business model to
benefit Israel and its people. If you are passionate about Israel and want to play
an active role in ensuring its future, consider the KH Impact Fund.

Impact Investment = Sustainable Social Investment

Impact Investment harnesses business tools to generate financial returns with
a social bottom line. Impact Investment addresses pressing social problems,
using business models to create measurable social impact while generating
an evergreen source of funding to finance new ventures.

The KH Impact Fund:
A Different Type of Philanthropy

The KH Impact Fund is an exciting new initiative designed to tackle strategic
social challenges facing Israel by providing opportunity for vulnerable popu-
lations. The Fund invests in high impact enterprises with measurable social
impact and self-sustaining solutions. Through the Fund, Impactors leverage
their expertise and assets to change the face of Israel’s future.

How It Works

The KH Impact Fund is an endowment fund - the first of its kind in Israel -
that invests 100% of its capital in social ventures. For every contribution of
US$50,000 (tax deductible in most countries) you become an Impactor and get
one vote on the Impact Fund Investment Board. The Investment Board selects
high-impact ventures that align with Keren Hayesod’s core values to invest in.

Professionalism and Accountability

The Impact Fund Investment Board is headed by Dr. Thomas D. Zweifel, business-
man, author and impact investor from Zurich, and Till Bohbot, businessman, social
entrepreneur and impact investor from Lausanne. Social Finance Israel, headed by
renowned impact investor Sir Ronald Cohen, serves as a local third party, bringing
its expertise in investment and philanthropy to maximize impact and returns. An
Advisory Board of 5 renowned experts and/or impact investors assists with deal
flow selection on the basis of financial viability, impact and sustainability.

Our Impact to Date: A Pilot

In 2020, the Impact Fund Investment Board invested the Fund’s
initial capital in a scholarship loan program for new immigrants at
Israel Tech Challenge to channel highly skilled professionals into
Israel’s Startup Nation. Once they begin working, recipients pay
back a small percentage of their income at a low interest To date,
the Fund has financed tuition loans for 26 students, 20 of whom
have already found jobs.

The anticipated return on our first investment of $200,000 is $49 million
(NIS 154 million) in added economic value over the productive life of these ITC
graduates—an astonishing 245% ROI.

What’s In It For Me?

› Philanthropy 2.0: The Impact Fund joins the commitment of philanthropy to
› solve social needs with business efficiency to maximize your money’s impact.

You have a voice: You check a selection of deal flows and vote for your pre-

› ferred venture or project.
Transparency: You follow the money and receive a quarterly report on the

›› Impact Fund performance and on your specific project/venture.
Sustainability: You build an evergreen tool that creates self-sustaining solutions.
Impact Fund Club: You are a member of an exclusive and inspiring club that
develops cutting-edge solutions to positively impact Israel and its future.

To leverage your assets and maximize social impact
for the people of Israel—join the KH Impact Fund.

Scan the QR code to
watch a short clip

To learn more, contact:

Dani Viterbo

Director of Legacies and Endowments at KH in Jerusalem

[email protected] ++972-506 232524

Or contact your local KH representative:
www.kh-uia.org.il/our-impact/new-initiatives/kh-impact-fund

For updates and community, follow us on LinkedIn:

kh-impact-fund

“The highest form of philanthropy
is that which enables the recipient

to become self-sufficient.”

Maimonides (1138-1204)