The Jubilee Fund

What The Jubilee Fund does

The Jubilee Fund is a registered Canadian charity and non-profit social finance organization founded in 2000 and headquartered in Winnipeg, Manitoba. It operates as Manitoba's only charitable ethical investment fund, providing loan guarantees, direct loans, and bridge financing to non-profits, social enterprises, cooperatives, and charities working to reduce poverty. The organization capitalizes its lending through Jubilee Investment Certificates (JICs), which are 3- or 5-year term instruments held by financial institutions, generating 1% less interest than posted GIC rates; funds raised are matched 1:1 and deployed through partnerships with Assiniboine Credit Union (since 2000) and Access Credit Union.

Beyond organizational financing, Jubilee Fund operates Manitoba's first Rent Guarantee Program (launched May 2022), acting as a one-year guarantor for at-risk individuals referred by social service organizations, shelters, and government agencies. Operational funding is supported by donations from 150+ individuals, foundations, and corporations, plus membership sales. The organization measures social return at $12.30 per $1 invested, has supported 50+ projects impacting 14,000+ people, and is targeting a $10M loan fund by 2031 with 50% of operations funded from investment income.

The organization is governed by a Board of Directors and operates with a 4-person staff team: Executive Director Peter Cantelon, Fund Development Manager Courtney Neufeld, Operations Manager Alice Reimer, and Programs Manager Krista Forte. Its distribution relies on direct social impact partner applications, credit union partnerships, and social service referral networks across Manitoba. There is no public or partner-facing API, and the core technology is a social finance platform rather than a software product.

Name

The Jubilee Fund

Legal name

The Jubilee Fund Inc.

Website

https://jubileefund.ca

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

1–10 employees

Short description

The Jubilee Fund is a Manitoba charitable social finance organization founded in 2000 that provides loan guarantees, direct loans, and bridge financing to non-profits and social enterprises working to reduce poverty, plus Manitoba's first rent-guarantee program for at-risk individuals.

Ownership category

akta.pro rank

Product category

Social Finance and Community Development Lending

NAICS

Grantmaking Foundations (813211), Grantmaking and Giving Services (81321), Open-End Investment Funds (52591), Civic and Social Organizations (8134)

SIC

Services-Social Services (8300), Investment Advice (6282)

akta.pro primary industry

Impact Investing & Social Finance (Funds, CDFIs, Microfinance) (BPAGALAA)

akta.pro secondary industries

Social Impact & Inclusive Finance Funds (FSANAJAH), Impact Investment & Social Finance Programs (BPADAOAJ), SDG / Thematic Sustainable Investment Funds (FSANAJAN), Community Development & Affordable Housing Funds (FSANAJAK), Community Foundations (BPAGAKAB)

Keywords

• Charitable impact investing
• Social finance
• Loan guarantee services
• Poverty reduction financing
• Ethical investment certificates

Headquarters

HQ city

Winnipeg

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Jubilee Investment Certificates (JICs): JICs are purchased by individuals or organizations for 3 or 5-year terms. The funds, held by a financial institution, secure non-traditional loans for social impact partners. JICs generate 1% less interest than posted GIC rate. The organization also receives matching funds (1:1) for investments.
2. Donations: Operational funds are supported through donations from individuals, foundations, corporations, and the sale of Jubilee Fund memberships. The organization celebrates its 25th anniversary with fundraising campaigns.
3. Membership Fees: Operational funds are supported through the sale of Jubilee Fund memberships. Various organizational and individual members are listed.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

The Jubilee Fund is a charitable impact investment fund that provides loan guarantees, direct loans, and bridge financing to non-profits and social enterprises working to reduce poverty in Manitoba. It also operates the Rent Guarantee Program for at-risk individuals lacking rental history, and issues Jubilee Investment Certificates (JICs) to impact investors to fund its lending pool.

Product overview

The Jubilee Fund is Manitoba's only charitable ethical investment fund, offering a portfolio of social finance products centered around poverty reduction. The core offerings include three types of financing instruments—loan guarantees, direct loans, and bridge financing—which are delivered in partnership with financial institutions (notably Assiniboine Credit Union). The organization also operates the Rent Guarantee Program, Manitoba's first such initiative launched in May 2022. Impact investors participate through Jubilee Investment Certificates (JICs), which fund the organization's lending activities. The product ecosystem is completed by the Social Impact Project Application process, which screens and onboard new social impact partners for financing support.

Differentiator

Problem solved

Functional benefit

Products and services

• Loan Guarantees Loan guarantees provided through Assiniboine Credit Union (and Access Credit Union) to Manitoba non-profits, social enterprises, and charities for poverty-reduction projects. Recent examples include $120,000 to Red Road Lodge, $200,000 to Huron Child Care, $125,000 to Rainbow Resource Centre, and $100,000 to UWCRC 2.0.
• Direct Loans Direct loans from Jubilee Fund to qualifying non-profit organizations and social enterprises working on poverty-reduction initiatives in Manitoba. Examples include a direct loan for land purchase by Harriet Street Seniors Housing Inc. and an emergency $5,000 COVID-19 loan to Heima Er Best.
• Bridge Financing Short-term bridge financing to help non-profits manage timing gaps in funding while awaiting committed grants or larger financing arrangements. An early example is the 2002 bridge financing that allowed Kinkora Development Ltd. to purchase and renovate 457 Young Street into low-cost student housing.
• Rent Guarantee Program Manitoba's first rent-guarantee program, providing a one-year guarantee to landlords on behalf of at-risk women, previously incarcerated individuals, youth coming out of care, and newcomers who have proven capacity to pay rent but lack rental history. Administered through referrals from shelters, transitional housing organizations, and government ministries.
• Jubilee Investment Certificates (JICs) Impact investment instrument available in 3- or 5-year terms. JICs are held by financial institutions to secure non-traditional loans for social impact partners, generate 1% less interest than posted GIC rates, and deliver a measured social return of $12.30 per $1 invested. Investments are matched 1:1 for additional impact leverage.

Quantifiable outcome

• $12.30 social and economic return per $1 invested
• +2 more outcomes

Named customers10 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

16 partnerships are on record, tiered minor and core.

• Canadian Association of Gift Planners (CAGP)minorStrategic or Co-development PartnerProfessional membership organization for gift planners.
• Canadian Community Economic Development Network (CCEDNet)minorStrategic or Co-development PartnerNational member-based organization connecting communities and CED practitioners.
• Manitoba Chamber of CommerceminorStrategic or Co-development PartnerBusiness membership organization in Manitoba.
• Manitoba Non-Profit Housing Association (MNPHA)minorStrategic or Co-development PartnerProvincial association representing non-profit housing providers.
• SEED Winnipeg Inc.coreStrategic or Co-development PartnerCo-Director Carinna D'Abramo Rosales serves as Co-Director at SEED. Jubilee Fund invested $100,000 in the Recognition Counts Program for skilled immigrants.
• National Impact Investment Practitioners Table (NIIPt)minorStrategic or Co-development PartnerNational table connecting impact investment professionals.
• Table of Impact Investment Professionals (TiiP)minorStrategic or Co-development PartnerProfessional table for impact investment practitioners.
• Westminster Housing SocietycoreStrategic or Co-development PartnerPartnership with Rainbow Resource Centre for Canada's first affordable housing for 2SLGBTQ+ seniors.
• Raising the RoofcoreStrategic or Co-development PartnerNon-profit that acquires vacant properties and renovates them into affordable housing. Jubilee Fund provided $100,000 loan guarantee for Reside project.
• Family DynamicsminorStrategic or Co-development PartnerLocal service organization partnering with UWCRC 2.0 for transitional housing with wrap-around supports.
• Ikwe Widdjiitiwin Inc.minorStrategic or Co-development PartnerIndigenous-led organization providing wrap-around supports for women experiencing violence in UWCRC 2.0 housing project.
• New Journey HousingminorStrategic or Co-development PartnerService organization supporting newcomer women and children with wrap-around services in UWCRC 2.0 housing project.
• Purpose ConstructioncoreStrategic or Co-development PartnerSocial enterprise contractor providing employment and training during housing renovations. 35 people trained and employed during Reside project.
• North End Renewal Corporation (NERC)coreStrategic or Co-development PartnerIndigenous-led organization managing property and identifying prospective residents for Reside housing project.
• Fearless R2WcoreStrategic or Co-development PartnerIndigenous-led organization helping identify prospective residents and providing ongoing support.
• Manitoba Eastern Star ChaletminorStrategic or Co-development Partner55+ Independent Living Centre that partnered with Ryerson School Age Centre for co-located childcare facility.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Others

• Maytree Foundation: Canadian private foundation focused on poverty reduction through policy and systems change. Comparable mission and Canadian non-profit status, though Maytree operates a policy/advocacy model rather than direct social lending to non-profits.
• The Winnipeg Foundation: Manitoba's community foundation and a Jubilee partner that holds an Agency Fund relationship. Comparable as a Manitoba-based philanthropic institution addressing regional community needs, though it operates as a grantmaking foundation rather than a social lender.
• Assiniboine Credit Union: Manitoba-based financial cooperative and Jubilee's core financial partner since 2000. Comparable as a values-based cooperative lender with community development lending programs; while not a charity itself, it operates many overlapping social-finance functions in Manitoba.

Regional players

• Fondation du Grand Montréal: Québec's largest community foundation with comparable grantmaking, endowment, and community-development functions. Useful benchmark for community-foundation scale and operations in a different Canadian province where Jubilee could theoretically replicate its model.

Direct peers

• Social Capital Partners: Canadian non-profit social finance intermediary that helps charities and social enterprises access capital through innovative financing. Highly comparable to Jubilee Fund's intermediary role, although Social Capital Partners focuses more broadly on tools like social-purpose bonds and program-related investments.
• Renewal Funds: Canadian impact investment fund manager investing in social enterprises and sustainable businesses. Comparable as a Canadian impact-investing intermediary that channels capital toward measurable social outcomes, though focused on equity investments rather than loan guarantees to non-profits.
• SVX (Social Venture Connexion): Canadian impact investing platform connecting social ventures with impact investors. Comparable to Jubilee's JIC model in providing a regulated channel for ethical capital deployment, though SVX operates as an online marketplace rather than a charitable fund with credit-union-loan guarantees.
• United Way Winnipeg: Local poverty-reduction organization operating in the same Winnipeg geography as Jubilee Fund. Comparable mission focus on poverty alleviation and a similar non-profit funding model (donations, workplace campaigns), but operates as a grantmaker rather than a social finance intermediary.
• Community Forward Fund: Toronto-based registered charity providing loans and loan guarantees to Canadian non-profits and social enterprises. The closest functional peer to Jubilee Fund: similar charity-led social finance model, similar mix of loan guarantees, direct loans, and bridge financing for community-serving organizations.

Broad incumbents

• Vancity: Canada's largest credit union by assets with a long-standing community investment and social finance arm. Like Jubilee Fund, Vancity partners with mission-aligned borrowers and operates ethical investment products, but at a much larger, multi-provincial scale rather than a charity-led fund.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/JubileeFundMB
• LinkedInlinkedin.com/company/the-jubilee-fund-inc
• Instagraminstagram.com/jubileefundmb

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Jubilee Fund