Our History
The Table of Impact Investment Practitioners (TIIP) is a new name for a longstanding and active community of practice. First convened as a roundtable of social finance fund managers in 2012, our pan-Canadian network was expanded and formalized in 2014 as the National Impact Investment Practitioners table (NIIPt). In December 2020 we incorporated TIIP as a not-for-profit corporation. Our partner network, CAP Finance, is an ex officio member of the TIIP Board, with 7-9 elected Directors reflecting the diversity of the membership, currently encompassing 40+ social finance funds, community investment networks, and capacity-building partners.
TIIP and Boann: Organizational Relationship
The Table of Impact Investment Practitioners (TIIP) is a national nonprofit, membership-based organization representing impact investment practitioners across Canada.
TIIP holds a 50% shareholder interest in Boann, a wholesale fund created to deploy capital into the social finance ecosystem. TIIP Board of Directors independently appoints three members to Boann’s Board of Directors. Appointed directors are selected to represent practitioner perspectives from across Canada, selected in accordance with TIIP’s commitments to Reconciliation and 50/30 leadership representation.
TIIP and Boann operate as independent organizations with separate mandates, leadership, and budgets. TIIP staff and the directors it appoints to the Boann Board have no visibility into, or influence over, Boann’s investment pipeline or portfolio decisions. TIIP does not provide references, assessments, or any input on members being considered for investment by Boann or any other investor.
TIIP engages with Boann on ecosystem-level initiatives where our perspectives as a practitioner organization are relevant. In this, TIIP’s voice carries equal weight to other stakeholders. Boann operates independently and may reach decisions that differ from TIIP’s position. Any financial support TIIP or any of its members may receive from Boann is subject to their rigorous due diligence, consistent with how Boann evaluates any potential opportunity.
TIIP occasionally receives dividend distributions as a shareholder; these are determined through Boann’s own governance processes and, when received, are designated for practitioner benefit rather than general operating purposes.
Boann accesses TIIP knowledge products and publications at the same public level as any other organization. Practitioner-facing resources are available to members only and are not shared with anyone outside of the practitioner community.
TIIP is committed to transparency about its organizational relationships as part of its accountability to members and the broader impact investing sector. Questions about TIIP’s governance may be directed to [email protected].