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  SPRING NEWSLETTER  

 
  Now Available:  
2019 WINTER INNOVATION SUMMIT REPORT
The 2019 Winter Innovation Summit brought together 927 attendees from 4 countries and 35 states. Attendees discussed the latest breakthroughs in social impact, innovation, and investing, skied the greatest snow on Earth, and enjoyed exclusive film premieres. This year, we doubled up on content with the deep dives and piloted four new programs, including the Catalytic Capital Pitch Competition, Impact Moments Student Coalition for Social Impact, and the Student Artist in Residence. Check out the highlights in the 2019 Official Summit Report.
READ THE REPORT
  Save the Date!  
The 2020 Summit will be held in Salt Lake City February 5-8, 2020.

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SORENSON IMPACT x FORBES
IMPACT STORY


  PHILANTHROPY SHOULD TAKE  
  RISKS  
Ford Foundation President Darren Walker is calling on philanthropy to bolder, more impactful, and willing to take more risks. And he is leading by example; in 2017, Walker shook the sector by pledging up to $1 billion from the Ford Foundation’s $12 billion endowment to mission-related investing over 10 years. Learn more about how Walker's personal experience has shaped his powerful vision.
READ THE ARTICLE
VIEW SORENSON IMPACT X FORBES SERIES
  You're Invited:  
2019 IVORY PRIZE WINNERS TO BE ANNOUNCED AT NATIONAL PRESS CLUB
The winners of the inaugural Ivory Prize for Housing Affordability will be announced at 10:00 am on April 10th, 2019, at the National Press Club in Washington, DC. A continental breakfast will precede the announcement, beginning at 9:30. The Ivory Prize is an annual award recognizing ambitious, feasible, and scalable solutions to housing affordability. It is designed to award innovators for their efforts and provide material support to advance their projects. Winning solutions will combine elements of finance, policy, and design/construction, and will be selected from among ten finalists. Please contact Michael Parker at mmparker@ivoryhomes.com with any questions. 
  Call to Action:  
STOP LEAVING SOCIAL IMPACT ON THE TABLE: A NEW LAW SHOULD HELP
By Janis Dubno and John Delaney
The Hill, 02/11/2019

The Social Impact Partnership to Pay for Results Act (SIPPRA), a bipartisan law passed in 2018, enables the federal government to partner with local and state governments fund data-driven solutions for social problems that aggregate cost savings across multiple government levels. Sorenson Impact Center Impact Analytics and Social Innovation Managing Director Janis Dubno and former Congressman John Delaney explain how SIPPRA can improve available information, lead to improved solutions, and help shift government towards investing in data-driven policies which benefit those in need.
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  Introducing:  
SORENSON IMPACT SIPPRA PROGRAM SERVICES 
The Social Impact Pay for Results Partnership Act (SIPPRA) appropriates $100 million over the next decade for Pay for Success projects, including $66 million set aside for outcomes payments. Requirements to receive this funding are outlined in the legislation and Notice of Funding Availability (NOFA). Sorenson Impact is ready to assist applicants with meeting these requirements and completing applications. Our services can be tailored to meet the individual needs of applicants, and including the following:
For more information on how we can catalyze your SIPPRA initiative, email us at info@sorensonimpactcenter.com
  Student Impact:  
UNIVERSTIY VENTURE FUND INVESTMENTS
Sorenson Impact Center's University Venture Fund (UVF) is an independent venture fund that leverages the innovation of students from universities across Utah's Wasatch Front, promoting entrepreneurship by creating a forum of students to be directly involved in venture capital. Some of its exciting, most recent investments include:
Newday provides an investing app designed to direct capital to businesses focused on sustainable growth and responsible environmental, social and governance practices and policies. The app offers themed portfolios of assets, including Global Impact, Ocean Heath, Climate Action, Animal Welfare, Fresh Water, and Gender Equality. 
Recyclops uses an innovative model to bring recycling collection and new jobs to rural communities. This model, which entails crowd-sourcing local drivers to collect recycled materials, solves an issue that larger waste haulers currently struggle to address in rural areas. Recyclops currently serves 1,000 homes, alongside businesses and apartments in Utah, Idaho, and Arizona. 
GoReact is an early-stage EdTech company that provides easy-to-use recording, playback, and annotation video services for academic environments. The Company facilitates practical skill acquisition in disciplines that rely heavily on feedback, such as sign language teaching, special education, and nursing programs. This leads to faster and more thorough learning, helping students acquire skills they need to be competitive in the workplace. 
Edovo is a communications provider designed to support positive outcomes for incarcerated individuals and their families. The Company utilizes secure tablet technology to provide a digital platform for inmates to gain an education, communicate with family members, and meet their rehabilitation needs. This increase in inmate engagement can lead to reduced rates of violence and recidivism.
  Thank You and Farewell  
MANAGING DIRECTOR FRASER NELSON TO EMBARK ON NEW ADVENTURE
From Left: Sorenson staffers Gwen Reynolds, Lisa Cox, Ellesse Balli, Missie Frandsen, Fraser Nelson, and Jon Zadra.
It is bittersweet for Sorenson Impact to announce that our Managing Director of Field Building, Fraser Nelson, will be leaving the Center at the end of March to take on new challenges as Vice President of Business Innovation at the Salt Lake Tribune. In her role at Sorenson Impact, Fraser used her immense talents to facilitate social impact and innovation projects across the country. She also played a key role in organizing the Winter Innovation Summit. 

Fraser has been able to draw on a wealth of rich and varied experience in the nonprofit sector for her work with the Center. She recently served as the first Director of Data and Innovation for the Salt Lake County Mayor's Office, where she led the successful launch of two Pay for Success initiatives. She founded and was the CEO of the Community Foundation of Utah, growing the Foundation into a national leader in innovative philanthropy. She also served as the CEO of the State of Utah's Disability Law Center for over a decade.

Through her tireless work and commitment to social impact, Fraser has been a shining example of the Center's mission to make the world a better place for everyone. We have been lucky to work with her, and she will be greatly missed. We wish her all the best in her next endeavor, and are excited to see what she accomplishes with the Tribune!

  OUR TEAM  
 
Professional Spotlight:
Robmary Juarez 

Robmary is an Associate on the Field Building team at the Center, where she focuses on the creative and logistical execution of events. She joined the Center as a volunteer for the Winter Innovation Summit last summer and quickly proved herself to be a critical member of our team. Robmary made the 2019 Summit possible with her adaptive leadership, intersectional lens and logistical genius. 
Robmary graduated from the University of Utah with a BS in Psychology. Prior to joining Sorenson, Robmary worked as a risk manager assessing liability and indemnity of small businesses as a partner to the Hispanic Chamber of Commerce. Robmary has a background in photography and enjoys running her photography business on the side. 
Student Spotlight:
Madelyn O'Farrell
Madelyn is a junior at the University of Utah and is currently pursuing a Bachelors of Science in Finance. She joined the Sorenson Impact Investing team in August 2018, having previously completed an internship at Bridge Investment Group as an analyst in Mergers, Acquisitions, Asset Management, and Dispositions.

Madelyn has also worked with a startup at the Seoul Global Start-Up Center in South Korea. Outside of work and school, she enjoys painting, reading, and camping.

  WHERE WE'VE BEEN  
 
Sorenson Impact Center Executive Education Session: Impact Investing
Salt Lake City, Utah, January 17
 
Sorenson Impact Directors Paul Brown and Jeramy Lund taught at an executive education session on impact investing attended by 60 financial advisors from all over the country. The event was co-sponsored by the Money Management Institute and hosted at the University of Utah, with integral assistance from Sorenson Impact Manager Abby Ivory. This course will be taught in major cities across the United States during 2019, reaching hundreds of financial advisors.
Internal Revenue Services Public Hearing: Qualified Opportunity Zones
Washington, DC, February 14
 
Sorenson Impact Center Director Nick Fritz attended an IRS public hearing held to seek input on proposed regulations for the Qualified Opportunity Zones program, which were released by the IRS and Treasury Department in October of 2018. Witnesses participating in the hearing included Sorenson Impact Center partners EIG (Economic Innovation Group), U.S. Impact Investing Alliance, and The Beeck Center for Social Impact and Innovation, among others. 
 

  WHERE WE'LL BE  
 
Impact Investing World Forum 2019
London, United Kingdom, April 24-25


Sorenson Impact Center Senior Director Paul Brown will attend the Impact Investing World Forum, a leading social impact investment event in the UK and Europe. Topics for discussion include the UN's Sustainable Development Goals, blockchain, social impact bonds, and the global housing market.
Poverty Alleviation and Entrepreneurship Class Consulting Engagement
Ghana, October 6-13

Sorenson Impact Center Senior Director Paul Brown will lead a class consulting engagement with a local Ghanian social entrepreneur for ENTP 5800/6800 - Poverty Alleviation and Entrepreneurship, in partnership with the Ensign School of Public Health. Impact Investing Director Anders Aabo and Manager Abby Ivory will assist.

YOU'RE IN THE LOOP 

Welcome to the inner circle of the social impact space.

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