Who We Are

In August 2017, the Western New York Impact Investment Fund officially launched. This innovative for-profit investment fund featured the collaboration between corporate, private and philanthropic investors who pooled their capital to seek both financial and social returns to support the WNY resurgence. The fund is committed to providing a new source of funding for socially responsible organizations and businesses located in the eight counties that comprise the Buffalo/Niagara region, while also seeking a financial return on investment. Social impact includes, but is not limited to: workforce education/development, workforce diversity, neighborhood revitalization, health and environment, and job creation. The launch represents the culmination of three years of research and preparation, led by the Community Foundation for Greater Buffalo.


Thomas P. Quinn, Chief Executive Officer

F. Duane Conners, Investment Associate

Our Team

Our staff embodies the intent of the fund and exemplifies a connection and commitment to Western New York through their work, lives, and families.

Board of Directors

  • Thomas Hunt, Chair
  • Andrew Rudnick, Vice Chair of Social Impact
  • Brigid Doherty, Vice Chair
  • Northrup Knox, Vice Chair of Business Due Diligence
  • William Joyce
  • Buford Sears
  • Thomas Hyde
  • Thomas Baker
  • Melissa Baumgart
  • Luke Jacobs
  • Carrie Frank
  • Pete Grum

Media Features

$8 million funds for "impact Investment" to debut in WNY -Buffalo Business First

Link to full article: https://www.bizjournals.com/buffalo/news/2017/09/25/8-million-fund-for-impact-investment-to-debut-in.html 

Lessons from a year of impact investing -Buffalo Business First

Link to full article: https://www.bizjournals.com/buffalo/news/2018/11/01/lessons-from-a-year-of-impact-investing.html 

The State of Startups in Buffalo -Buffalo Business First

Link to full article: https://www.bizjournals.com/buffalo/news/2019/12/06/the-state-of-startups-in-buffalo.html

Buffalo, N.Y. impact fund raises $8 Million -ImpactAlpha

Link to full article: https://impactalpha.com/buffalo-n-y-impact-fund-raises-8-million-f9ef9b081b93/  

SomaDetect, a former 43North winner, scores investment from WNY Impact fund -Buffalo Business First

Link to full article: https://www.bizjournals.com/buffalo/news/2019/06/25/somadetect-a-former-43north-winner-scores.html

SomaDetect raises $2 million in seed funding -The Buffalo News

Link to full article: https://buffalonews.com/2019/08/12/somadetect-raises-2-million-in-seed-funding/

SomaDetect closes $2m seed funding and plans expansion -Dairy Reporter

Link to full article: https://www.dairyreporter.com/Article/2019/08/13/SomaDetect-closes-2m-seed-funding-and-plans-expansion

Better blended finance, encouraging commercial solar in India, tech training co-op, financing inclusive growth -ImpactAlpha

Link to full article: https://impactalpha.com/better-blended-finance-encouraging-commercial-solar-in-india-tech-training-co-op-financing-inclusive-growth/  

Biomedical startup gets 500k from WNY Impact Investment Fund -Buffalo Business First

Link to full article: https://www.bizjournals.com/buffalo/news/2019/10/10/biomedical-startup-gets-500k-from-wny-impact.html

Garwood Medical Devices Raises $3m in Series B Funding -Finsmes

Link to full article: http://www.finsmes.com/2019/12/garwood-medical-devices-raises-usd-3m-in-series-b-funding.html  

Garwood Medical Devices receives $500,000 investment -The Buffalo News

Link to full article: https://buffalonews.com/2019/10/10/garwood-medical-devices-receives-500000-investment/

WNY Impact Investment Fund puts $750,000 into 43North winner -The Buffalo News

Link to full article: https://buffalonews.com/2018/09/28/wny-impact-investment-fund-puts-750000-into-43north-winner/

43North Winner Raises $4.9 million to advance plans for local factory -Buffalo Business First

Link to full article: https://www.bizjournals.com/buffalo/news/2018/10/01/43north-winner-raises-4-9-million-to-advance-plans.html  

Western New York Impact Investing Fund backs recycled insulation startup CleanFiber -ImpactAlpha

Link to full article: https://impactalpha.com/western-new-york-impact-investing-fund-backs-recycled-insulation-startup-cleanfiber/  

Western New York Impact Investment Fund invests $500,000 in Ru's Pierogi -upstartny

Link to full article: https://www.upstartny.org/inthenews/WNY-Impact-Investment-Fund-invests-in-Rus-Pierogi.aspx  

Ru's Pierogi receives $500,000 investment from WNY Impact Investment Fund -WIVB.com

Link to full article: https://www.wivb.com/news/local-news/rus-pierogi-receives-500000-investment-from-wny-impact-investment-fund/ 

Ru's Pierogi scores 500k investment from Western New York Impact Investment Fund -Buffalo Business First

Link to full article: https://www.bizjournals.com/buffalo/news/2019/05/29/rus-pierogi-scores-500k-investment-from-western.html 

Western New York-based EcoVerde Organics secures funding for waste and recycling -ImpactAlpha

Link to full article: https://impactalpha.com/western-new-york-based-ecoverde-organics-secures-funding-for-waste-recycling/  

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