“The JTIC Fund centers an approach to lending based in solidarity and non-extractive relationship building. The purpose of the JTIC Fund is to move philanthropy towards a Just Transition. "
Welcome to the JTIC Fund Tool Lending Library!
We’re grateful that you’ve taken an interest in our work and we look forward to supporting you in your learning journey around non-extractive investing. Our library contains a suite of tools that are intended to help as you evaluate what kind of policies, processes, and materials you need to develop or evolve your approach to doing finance through a Just Transition lens.
As a new model for philanthropy, the JTIC Fund offers foundations a learning vehicle to move endowed assets to BIPOC and working class controlled funds and grassroots projects through non-extractive financing in the form of 0% loans and catalytic grants. Learn more on our webpage.
Fill out our intake form and someone from our team will follow up with next steps about how to access the tools, which include:
The JTIC Fund Investment Policy Statement (IPS):
This document outlines the purpose, values, structure, governance, offerings, sourcing, due diligence, reporting, and returns for the JTIC Fund. It reimagines commonly used terms in IPS statements inclusive of returns, risk, and reporting.
Term Sheet for Investors:
Taking a relationship-based approach, this outlines our terms for investors into the JTIC Fund, inclusive of an investor readiness checklist, and sets the expectation for how we want to be in relationship with investors.
Term Sheet for Borrowers:
Also taking a relationship-based approach, this outlines our terms for borrowers from the JTIC Fund, inclusive of a borrower readiness checklist, and sets the expectation for how we want to be in relationship with borrowers.
Contract of Interdependence (COI):
In lieu of a traditional conflict of interest policy, the JTIC Fund Governing Body created a Contract of Interdependence to better express the values and spirit of our governance structure and approach to finance that benefits communities.
Conflict Resolution Policy:
When conflict arises, this is the policy the JTIC Fund uses to address concerns. Rather than using punitive measures for borrowers, it is rooted in transformative justice practices.
Relationship and Capacity Building Process:
The JTIC Fund’s due diligence process and the materials we collect from potential borrowers are outlined in this document. It seeks to transform due diligence from a process that protects wealth holders’ well-being and power to one that centers the dignity, safety, and self-determination of borrowers.
Grant Agreement:
This is our grant agreement for borrowers from the JTIC Fund who also receive grants as part of their integrated capital stack.
Loan Agreement for Investors:
This is our loan agreement for investors into the JTIC Fund that centers the financial and psychological well-being of borrowers through both terms and practices.
The Lending Library is a shared resource, freely available to movement-based organizations and funds. In the spirit of mutual support and interdependence, we ask foundations and wealth-holders to access it by making a donation. All gifts help sustain the JTIC Fund and ensure these resources remain available to all.
The JTIC Fund and Tool Lending Library are co-managed by Just Futures and Just Futures Impact.
