DOEN FoundationJasper Snoek, CFO

The fund of three Dutch charity lotteries• the Dutch Postcode Lottery• the BankGiro Lottery• the Sponsor Bingo Lottery

Focus on Sustainable Development, Culture, Welfare and Social Cohesion

Use of all financial instruments: grants where necessary, loans, guarantees or equity where possible

Annual budget of > USD 50 million

DOEN Foundation

Impact investing DOEN Foundation

1. Investing in entrepreneurial initiatives that lead to a sustainable world in which everyone can play a part

2. All DOEN investing is impact investing with a high risk profile and uncertain financial returns

3. All returns reinvested or granted

Microfinance

Diversified portfolio of (potential) leaders in all segments of the sector

• Triodos-Doen, 70 million fund• Symbiotics, broker• MyC4, P2P • Fern, MIS provider• ProCredit Holding, group of 22 MFIs

Over USD 140 million to microfinance

ProCredit Group

Impact Investment

Long-term investment to improve access to financial services. Since 1998 USD 56 million invested and USD 14 million in grants.

Returns realised

• Social impact: 4.5 billion USD outstanding to 1 million clients and 4 billion savings from 4 million clients

• Financial return: annual dividends and considerable value created

ProCredit Group

Challenges in impact investing

Getting best at scouting initiatives that:

• are entrepreneurial• are pioneering and have impact potential• meet your impact objectives

Approach and challenges

• Selection of right entrepreneurs • Increasing exposure over time, shifting from grants to equity• Focus on potential for social impact and then financial returns• Be patient

Tendris – VISA GreenCard

The first credit card which automatically compensates for CO-2 emissions

Solar powered mobile phone