Case Studies

Cascadia Foodshed Financing Project and Final Chapter

Cascadia Foodshed Financing Project and Final Chapter

Cover image for Case Study: Cascadia Foodshed Financing Project (CFFP) and Final Chapter

About this resource

Publish date: 
December, 2020

This case study report showcases the Cascadia Foodshed Financing Project (CFFP), which brought foundations and individual impact investors together to improve the regional food economy. Formally launched in January 2014 with 10 founding partners, CFFP focused on using a learn-as-you-go, risk-tolerant, action-oriented approach to developing collaborative financing to catalyze the economic growth of the regional food system. The report:

  • Identifies untapped areas for co-investment in Oregon and Washington, then
  • Outlines a combination of grantmaking and investment strategies for transformational impact.

In 2020, the collaborative released a new, final chapter to describe how CFFP’s founding members joined forces in 2018 to make a substantial grant that allowed Craft3, a Community Development Financial Institution (CDFI) serving Washington and Oregon, to establish a lending source for sustainable food and farm businesses. The final chapter tells how that grant was structured and why, and discusses the results of the funding. Finally, the founding CFFP members describe the decision to end the project after a successful run of six years.

This version of the CFFP report includes both the original report published in 2018 plus the final chapter of CFFP’s work published in 2020. The CFFP project originally came about due to discussions and partnership between Philanthropy Northwest and 10 philanthropic partners, under the leadership of Tim Crosby, the principal at the Thread Fund, a donor-advised fund at the Seattle Foundation.

Questions?

For more information about this innovative collaboration between the philanthropic, investment and business sectors, please email Rosalie Sheehy-Cates, an executive in residence with Philanthropy Northwest and senior advisor with The Giving Practice.

Related Organizations: 
Whatcom Community Foundation