The KL Felicitas Foundation also makes grants as part of its overall impact investing strategy.
The KL Felicitas Foundation provides grants alongside many of its impact investments in order to help build the capacity and strength of the recipient enterprise. Often, in the early stages of starting a social enterprise, a subsidy is required to help pay the cost of operations until breakeven or profitability is reached. In other instances, these high-potential social enterprises may need some technical assistance, such as more robust accounting systems, to perform to their full potential and attract additional investment. Grants from KL Felicitas can be single events, or may be part of a multi-year strategy to help social enterprises gain scale and increase social impact over time.
Grants made by the foundation are viewed as a separate investment category, but one that is complementary to the overall impact investing strategy. The chart at right illustrates the composition of KL Felicitas Foundation’s various grants from 2006-2010. Please note that not all of the Foundation’s grants are included in this analysis—only those that amplify the Foundation’s impact investments as described above.
Please make note that the KL Felicitas Foundation does not accept unsolicited grant proposals. Thank you.