May. 2020 Newsletter
Recovery and Resiliency
Community Philanthropy and the Challenges Ahead
Communities across the country continue to face challenges resulting from COVID-19, even as they shift their focus from immediately responding to recovering and rebuilding. This month, LOCUS Senior Vice President Deb Markley discusses where philanthropy fits into that recovery as well as our efforts to collect resources for foundations considering their next steps. . ... . READ MORE ON OUR BLOG
LOCUS Partners Respond to COVID-19
The COVID-19 pandemic has hit impact borrowers and nonprofits hard across the country. Impact and mission investors, however, have been stepping in to fill capital gaps and provide relief to their clients. Below, we've highlighted some of the amazing work our asset servicing partners are doing to see their borrowers through difficult times.

LOCUS is proud to support our partners as they address head-on the challenges facing the communities and people they care about. Stay tuned to LOCUS in the coming months for updates on their work.
A Balanced Discussion on Aligning the Endowment with Mission
The 2020 Mission Investors Exchange National Conference is going digital. This year, mission-driven and place-based impact investing practitioners and experts will convene virtually in a time when innovative strategies in support of under-resourced communities have never been more important.

One of the plenary sessions moderated by Kresge Foundation CIO Rob Manilla, " Why, What, and When: A Balanced Discussion on Aligning the Endowment with Mission," will take a deep dive into steps philanthropy can take to leverage more of their resources for impact. As foundations recognize the latent potential of their endowments, they are increasingly exploring opportunities and tactics like guarantees, targeted impact investments, and shareholder activism to align more of their assets with mission. Click here to check out the entire agenda.
Opportunity Zone Updates
The IRS issued a broad filing extension for trusts, estates, corporations, and other non-corporate tax filers until July 5. While the new guidelines do not explicitly reference Opportunity Zones, OZ investors and like-kind exchanges likely fall under the criteria qualifying for the extension. The National Law Review has compiled COVID-19 information for Opportunity Zone investments here.
News from
the Field
Where You'll Find LOCUS
Since COVID-19 has upended so many practitioners' travel, please see below a list of helpful virtual gatherings and learnings...

Apr. - May | Virtual Session
VCC will host weekly updates for VA's small business community.

May 6 | Virtual Session
Teri Lovelace will participate in a Toniic webinar on the role of guarantees in rebuilding post-COVID-19 (Toniic members only).

May 7-22 | Virtual Convening
This year, MIE will host a digital version of its 2020 convening.
LOCUS Capital, Inc. is a Registered Investment Advisor Firm. Advisory services are only offered to clients or prospective clients where LOCUS Capital, Inc. and its representatives are properly licensed or exempt from licensure. LOCUS Capital, Inc. and its representatives do not furnish investment advice or services through this website. Past performance is no guarantee of future returns.