IAF Begins Partnership with LIFT Philanthropy Partners
Immigrant Access Fund Canada is excited to announce the start of a two-year partnership with LIFT Philanthropy Partners.
IAF and LIFT have partnered to support IAF’s efforts to significantly increase the availability of its character-based micro loans for immigrants and refugees in need across Canada. LIFT will provide strategic management support, business expertise, and resources over the next two years in support of this ambition. Key areas of focus will be to build additional organizational capacity, review the program model and support enhancements for growth, identify additional opportunities to diversify IAF’s funding strategy, develop a strategic marketing and communications strategy, and improve performance measurement.
Additional information on the impact of this partnership will be posted here as it becomes available.
LIFT philanthropy partners is a national non-profit organization that believes vulnerable and at-risk Canadians deserve access to the tools and opportunities they need to thrive in society.
Through hands-on management and pro bono contributions from its national network of leading experts and businesses, LIFT supports social purpose organizations (SPOs) to improve their operations, accountability and measurement practices, so they can deliver meaningful, lasting impact in Canada.
To learn more about LIFT:
IAF is a national charity dedicated to helping skilled immigrants, including refugees, succeed in Canada’s labour market. IAF achieves this by providing micro loans of up to $10,000 for the costs of the licensing/training newcomers need to work in their field in Canada. IAF has seen tremendous growth, lending over $17 million to 2,700 immigrants since 2005. Over 75% of IAF’s borrowers who complete their licensing/training plan report being employed in their field at a job matching their skills and education. An independent study showed the IAF program acts as an economic stimulant, with a return on investment for Canada of at least 900%. Visit www.iafcanada.org to learn more.
For interview requests or further information please contact:
Claudia Hepburn, CEO, IAF Canada, firstname.lastname@example.org