Impact-First Investments Officer

About California Community Foundation

The California Community Foundation (CCF) is one of the largest community foundations in the United States, serving Los Angeles County with a mission to advance philanthropic solutions to the region’s greatest opportunities and challenges. Based in Los Angeles, the foundation works to strengthen the social, economic, and environmental conditions of the communities it serves through strategic grantmaking, community engagement, and innovative investment approaches.

CCF manages a significant endowment and distributes millions of dollars annually through grants, scholarships, and impact investments. The foundation serves as a convener of donors, nonprofits, government agencies, and community members to address pressing issues including education, health, economic opportunity, environment, and civic engagement. With a focus on equity and community-centered approaches, CCF has established itself as a leader in the philanthropic sector.

The foundation is committed to embedding impact considerations throughout its operations, including its investment portfolio. This commitment is reflected in the creation of the Impact-First Investments program, which seeks to align the foundation’s financial resources with its mission while generating both financial returns and measurable social and environmental impact. CCF employs a diverse team of professionals across finance, program, and administrative functions to fulfill its mission of improving the quality of life for all people in greater Los Angeles.

The Impact-First Investments Officer is a member of the Finance team, reporting to the Senior Vice President of Investments. This position plays a key role in implementing California Community Foundation’s impact-first investment strategy by managing the sourcing, evaluation, execution, and ongoing administration of impact-first investments. Working closely with the Senior Leadership Team, Impact Team staff, external investment consultants, legal counsel, and prospective investees, this position exercises independent judgment in executing complex transactions, developing investment recommendations, identifying risks, and managing investments throughout their lifecycle.

The role involves recommending process improvements and serving as a subject matter resource on the Foundation’s Impact-First investment program. The position combines project management, investment operations, relationship management, and administrative oversight to ensure investments are executed efficiently, appropriately documented, and effectively monitored after closing. The Impact-First Investments Officer serves as the primary internal resource for questions related to the Foundation’s impact-first investment portfolio and processes.

• Serve as the primary point of contact for organizations seeking impact-first investments, directing intake and preliminary review of direct loans, loan guarantees, loan fund participations, and direct equity or venture capital investments
• Maintain the investment pipeline, tracking opportunities from initial inquiry through closing and ensuring they are routed through established review and approval processes
• Partner with the Impact Team and the Foundation’s investment consultant to evaluate strategic alignment, financial feasibility, risk, and proposed investment structures
• Oversee due diligence materials and checklists, and prepare or direct the preparation of investment memoranda, summaries, and Investment Committee materials
• Serve as project manager for investments throughout due diligence, developing transaction timelines and facilitating discussions among borrowers, consultants, legal counsel, and Foundation staff to advance deals
• Oversee investment and loan documentation, closing requirements, and the funding process for approved investments, liaising with Finance and other internal departments
• Monitor portfolio performance, maintain accurate records, and manage invoicing, repayment schedules, and covenant reporting for the impact-first investment portfolio
• Evaluate amendment, waiver, or restructuring requests and develop recommendations…