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Invest in a SKETCH Home Bond

SKETCH Arts for Homeless and Marginalized Youth is raising $4 million to buy their art studios and keep their transformative programs for youth in the Queen West Neighbourhood.

 

Bonds Sold to Date

We will finance this purchase with $1.4 million in community impact bonds.

The Investment

 

Series A
The Giving Bond

$5,000 minimum
5-year term
4% per annum.

Option to donate interest back to SKETCH.

Series B

$25,000 minimum
7-year term
4.5% per annum.

Series C

$10,000 minimum
5-year term
4% per annum.

Series D

$500 minimum
3-year term
3% per annum.

Why invest in a SKETCH Home Bond?

  1. Feel good about supporting SKETCH, an established arts non-profit transforming youth through the arts for 24 years.
  2. Earn 3% – 4.5% fixed interest!
  3. SKETCH Home Bonds are backed by real estate, and not correlated to volatile markets.

Getting started is easy!

  1. Fill out the form below and you will be sent everything you need to invest in a SKETCH Home Bond. We’ll follow up with you within 2 – 3 business days to see if you require assistance.
  2. Want to learn more about SKETCH Home Bonds? Book a call with a SKETCH team member here or join our next free online info session here.
  3.  Give HOME BONDS as a holiday gift to someone! Click here to submit your information, and you will receive an email with the next steps.

Sign up here to get started

 

More questions? Please get in touch with us at invest@sketch.ca.

FAQ

What is a Community Bond?

A community bond is an interest bearing loan that a non-profit or charity can issue to their support network. Essentially, you buy a bond, you earn a set interest rate each year which we pay you the following January we develop our space, and we repay your entire bond at the end of its term.

Who else has used community bonds before?

Many other social enterprises and charities across Canada have used community financing and community bonds successfully. Tapestry Community Capital have supported raising over 60 million dollars in 14 different issuer campaigns.

Other not-for-profit or co-operative organizations such as the Centre for Social Innovation, SolarShare, ArtScape, YWCA Toronto, and Innovation Works have used community bonds.

How does Series A: The Giving Bond work?

The investor purchases a Series A Giving Bond from SKETCH. The Bond accrues interest for the period Jan 01 – Dec 31 each year for 5 years from the issue date, at a rate of 4%.

Each December 01, SKETCH confirms by email with the investor that they would like to donate the interest earned from the bond for that year back to the charity. Investors may also choose, at this time, to top-up the donation amount to their interest earned.

The interest is paid back to SKETCH automatically, the investor receives a Charitable Donation Tax Receipt from SKETCH for the amount of interest earned and donated.

In February of the following year, the investor receives a T5 Statement of Investment Income for the interest earned amount, also issued by SKETCH.

What if I have an emergency and need the money before the term is up?

In the event of a financial emergency, bondholders may request early redemption of bond principal by writing a letter which will be submitted to the Board of Directors. Principal may be redeemed depending on the availability of funds at that time.

Can I hold this in my RRSP/TFSA?

SKETCH Bonds are issued by SKETCH through a Not-For-Profit exemption from the Ontario Securities Commission. These bonds are not typically RRSP and/or TFSA-eligible. Please speak to your financial advisor for options.

When does the bond purchase time period close?

The bond campaign closes on March 31, 2021 or when we reach our investment goal of $1.4 million.

How do I invest?

The first step is signing up to receive the campaign documents. Sign up below.

Want to make a donation instead?

Make Donation

SKETCH Campaign Team

 

Tony Chapman

Tony Chapman

Campaign Champion / Spokesperson

Mitchell Cohen

Lead Ambassador

Mitchell Cohen

Lead Ambassador

Charlene

Charlene Quincey

Chair / Spokesperson

Rudy Ruttimann

Executive Director / Spokesperson

rudy@sketch.ca

Michael Sacke

Michael Sacke

Impact Investment Lead

Jonsaba

Jonsaba Jabbi

Communications

Emma

Emma Bowen

Project Administrator

Dale

Dale Roy

Project Manager / Marketing

Luigi Umali

Luigi Umali

Financial Associate

financialassociate@sketch.ca

Hayley Hoskins

Hayley Hoskins

Giving Bond Representative

Sven Dvec

Sven Dedic

Board Director / Treasurer

Ana Yuritsy

Ana Yuritsy

Vice-Chair

Celia Smith

Advisor

David Walsh

David Walsh

Advisor

Andrea Nemtin

Advisor

Our Supporters

Our Partners

Tapestry Community Capital Logo
Tapestry Community Capital Logo

Tapestry Community Capital

Tapestry Community Capital supports non-profits in raising and managing community bonds. Since 1998, the Tapestry team has supported projects from renewable energy to co-working, in successful community financing campaigns, raising and managing $62+ million from over 3,900 investors.

Talis Creative logo
Talis Creative logo

TALIS Creative

TALIS Creative is a boutique branding, graphic and website design agency with over 20 years combined industry experience serving the Toronto, Vaughan, Newmarket and Barrie areas. We uncover potential and enable your business.

publicis
Tapestry Community Capital Logo
Tapestry Community Capital Logo

Tapestry Community Capital

Tapestry Community Capital supports non-profits in raising and managing community bonds. Since 1998, the Tapestry team has supported projects from renewable energy to co-working, in successful community financing campaigns, raising and managing $62+ million from over 3,900 investors.

Talis Creative logo
Talis Creative logo

TALIS Creative

TALIS Creative is a boutique branding, graphic and website design agency with over 20 years combined industry experience serving the Toronto, Vaughan, Newmarket and Barrie areas. We uncover potential and enable your business.

publicis

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Make an impact in the lives of youth by purchasing community bonds.

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Have a question? Don’t hesitate to reach out to us at invest@sketch.ca. A member of our Campaign team will be in touch!