Created in 1986, Vermont Community Foundation (VCF) is one of the nation’s most experienced community foundation impact investors. In 2001 its board authorized the path-breaking creation of the Vermont Investments program, which dedicates five percent of all fund types—including donor advised funds—to create an impact investing pool that makes investments that benefit Vermont. Through this program, VCF currently manages a $7 million portfolio of investments across asset classes, including loans to state CDFIs, insured deposits in banks and credit unions with strong community development performance, nonprofit organizations, venture capital funds supporting regional job creation, and direct investments. The foundation delivers financial performance in or near the top 10 percent of community foundations in its size cohort.