Topic Archives: Deal Structures

Microgrid Financing
September 18, 2017Deal Structures, Funding/Financing

MoFo Impact Represents Innovative Microgrid Financing Platform

The MoFo Impact team recently advised Microgrid Investment Accelerator (MIA), a Delaware public benefit corporation, in structuring its unique financing facility. Launched with the assistance of its founding partners, including Facebook and Microsoft, MIA seeks to mobilize $50 million by 2020 to expand clean energy microgrid access in India, Indonesia, and East Africa. By enhancing ...›

Why a hybrid structure?

When people ask which impact investors inspire us, one team consistently rises to the top: Omidyar Network. Since its founding 14 years ago, Omidyar Network has led a small revolution in the impact investing and philanthropic community. Not only has it dedicated over $1 billion to initiatives working to solve some of the world’s greatest problems, it has redefined how the world thinks about capitalizing these initiatives. ...›

Innovative Fisheries
June 29, 2017Deal Structures, Funding/Financing

MoFo Impact Team Advises on Innovative Fisheries’ Conservation Transaction

The MoFo Impact Team recently advised the Martha’s Vineyard Fishermen’s Preservation Trust, a 501(c)(3) tax-exempt entity (MVFPT), with respect to a sustainable fisheries impact investment. With key guidance from the MoFo Impact Team on investment structure and mission preservation and assistance from Catch Together, a nonprofit program of Trust for Conservation Innovation focused on empowering ...›

June 26, 2017Deal Structures

A Brave New (Partnership Audit) World—Why You Should Care About the Proposed IRS Regulations

Social enterprises and impact investors will need to strongly consider their special tax and economic needs as audit planning takes center stage for all partnerships, most LLCs, and their respective partners and members when the thirty-five year old partnership audit regime meets its end on January 1, 2018. On Tuesday, June 13, 2017, the IRS issued proposed regulations implementing the new centralized partnership audit regime, which completely overhauls the longstanding partnership audit, assessment, and collection procedures. ...›

November 29, 2016Deal Structures, Reporting

5 Reasons to be Bullish on the Post-Election Impact Economy

The presidential election on November 8, 2016 sent shockwaves through socially and environmentally responsible business communities in the United States and around the world. As folks begin to recover, it’s critical to think clearly about what steps we can take to foster new momentum, creativity, and courage as we move forward. Here is what is keeping our MoFo Impact Team bullish on the impact economy ...›

September 27, 2016Corporate Form, Deal Structures

From “To B or Not To B”

1. A “B Corporation” is Not a New Corporate Form A “B Corporation” or “B Corp” is a certification mark – like a “Good Housekeeping” seal of approval or “LEED” certification.  B Labs has done a very good job of creating a framework for companies to evaluate their business and operations on ESG factors and to then receive a score or ranking.  ...›

September 13, 2016Deal Structures, Funding/Financing

Impact Investing: VCs Recognize Social Enterprises Can Outperform Traditional Start-Ups

The notion that a company should care about more than just making money started with corporate social responsibility over 50 years ago, but the trend has rapidly increased in recent years and has produced a multi-billion dollar impact investing market. Today, we have new corporate forms structured around an entity’s social mission, such as the ...›

Impact Investing – Fund Mechanisms to Incentivize Impact

A growing number of investors aim to achieve positive social or environmental impacts alongside financial returns.  For such impact investors, there are various legal and structural mechanisms to consider.  In order to incentivize impact in the context of fund formation in particular, certain key concepts should be drafted into the legal documents from the outset.  ...›