Yes. We are a Washington nonprofit corporation, exempt from federal income tax under section 501(c)3 of the Internal Revenue Code. Contributions to Intermountain Impact Investments are deductible under section 170 of the code.
We invest in the Intermountain West - from the Cascades to the Rockies and the surrounding region - eastern Washington, eastern Oregon, Idaho, Wyoming and parts of Montana.
We invest in rural communities - defined as a county with a city population under 50,000 people - where investment capital currently isn't circulating.
We manage funds that prioritize building the capacity of rural economies. These funds provide investors access to investment opportunities currently uncommon in impact portfolios.
- We bring this investment capital to qualified, impact-focused rural businesses through custom financial tools traditional financing entities aren't offering.
Impact investing is the practice of investing in companies, organizations, and funds with the intention to generate a measurable, beneficial social or environmental impact alongside a financial return. The Global Impact Investing Network is a good place to learn more.
Our Impact goals are to:
STRENGTHEN BUSINESSES WITH LOCALLY CONTROLLED ASSETS
CREATE AND RETAIN STABLE, LIVING-WAGE JOBS
SUPPORT ORGANIZATIONS IMPROVING THE LIVES OF CHILDREN AND THEIR FAMILIES.
Yes. We launched our first fund Rural Asset Replacement Fund (Alpha) this year and are working on our second fund Rural Distributed Infrastructure Fund now.
Within every community, there are tentpole organizations which provide goods and services allowing individuals to benefit from shared resources.
Increasingly these community institutions budgets are being cut and their potential contribution to regional prosperity ignored.
Our lack of investment in infrastructure for future generations makes it appears we are learning to accept extreme economic inequality.
It is true that middle class Americans are now a minority, however in every community there exist people who believe in this shared experiment of equal opportunity, we call the United States.
It is those people i3 intends to invest in. The ones contributing to the community’s shared future. We believe they are the foundation of our economic success.