Work at CSI for the day with our new Lounge Pass!

CSI Community Bonds 2024

Welcome, Community Investors!

The Community Bond allows a nonprofit or charity to leverage its community of supporters to pursue its mission, build its resiliency, and create more vibrant communities. CSI invented the Community Bond in 2010 as a means to turn a non-profit’s social capital into financial capital. Today, the Community Bond is a household name in impact investing, having been replicated around Toronto, and the world.

We used the first Community Bond to raise $2M to purchase our first building, CSI Annex, in 2010. We used the bond a second time in 2014 to raise $4.3M from 227 community investors to buy CSI Spadina. In 2020, we used the Community Bond to invite our community of members and supporters to invest in programs that put people and planet first. CSI has never missed an interest payment, and now has built enough equity to pay out its bondholders many times over. Our success is linked to the success of the Community Bond.

This year, we have a select few openings for new investors. Interested? Read on for more!

20 Years of impact made possible by community bonds

Can you believe CSI turns 20 this year?!? What an amazing two decades it has been. Over that time, we raised over $7.5M in community bonds from over 400 community investors (including seven charitable foundations!) which has allowed us to own and operate 100,000 sq. ft. of commercial real estate in downtown Toronto. 

Community Bonds have made CSI resilient. Owning our spaces has meant that change agents of all shapes and sizes have had affordable access to community, networks, and workspace in downtown Toronto since 2004. Through austerity budgets, and global pandemics, CSI is proud to have been an island of sanity that wouldn’t exist if investors like you hadn’t taken a chance on us 20 years ago. The sale of 720 Bathurst is projected to eliminate all third-party debt, meaning CSI will be 100% comminity financed, and set up for success for the next 20 years of impact. 

It’s been a wild ride for a little nonprofit “who thought they could.”

Two Bonds to Choose From: Income or Growth

To make it easy for you to invest, we’ve created two types of bonds to choose between: an income bond, and a growth bond.

The income bond (Series H) pays all interest at maturity 

Income (Series J)
Rate: 6.5%
Term: 1 Years
$1,000 Minimum
Interest is paid twice a year

The growth version (Series I) means that we will accrue and compound all of your interest until the end of the term.

Growth (Series K)
Rate: 4.5%
Term: 3 Years
$1,000 Minimum
Interest compounds twice a year, is paid at maturity

Ranked Order of Debt Obligations

CSI Community Bonds have never been safer. With the sale of 720 Bathurst, all CSI Community Bonds will be registered on 192 Spadina which is projected to have no first mortgage. This moves CSI Community Bonds to first position with enough equity to pay out all of its bonds four times over.

*Value is based on an independent commercial appraisal from February 2024

Questions? Email bonds@socialinnovation.ca