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

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

Interest donated back to SKETCH

Series B

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

Series C

$50,000 minimum
5-year term
4% per annum.

Series D

$1,000 minimum
3-year term
3% per annum.

Download our Term Sheet and Executive Summary of the Business Plan

Term Sheet Exec. Summary

Sign up here to download the investor package

 

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?

Bondholders may request a repayment of bond principal, subject to the availability of funds within SKETCH and at the discretion of the SKETCH. The Board will use its best efforts to match buyers and sellers.

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 June 30, 2020 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

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

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 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.

Principles Logo
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.

Principles Logo
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!

"You really want that utopian ideal of what our world could be? You want to be proudly and ACTIVELY anti-racist, more than fearing being called a racist? I want that for you too. If so, then do the work, educate yourself and others stand by us loudly, consistently, FOREVER." - Clara Amfo, BBC 1 Radio Host

Dear SKETCH Community,

The last two weeks have been yet another reminder that the Black community continues to be under attack by white supremacist systems. SKETCH's board of directors and staff sends their deepest sympathies to the families and friends of those who we have most recently lost including Regis Korchinski-Paquet, George Floyd, Breonna Taylor, Tony McDade, and D’Andre Campbell, and all those whose deaths have not been televised.

In our grief and anger at these senseless murders committed by the police, SKETCH is ensuring that we stay accountable to our Black youth artists, staff and the Black community at large, by taking swift action to ensure that folks are supported, uplifted, taken care of and their voices amplified, as they continue to organize and march on the front lines for justice.

As an organization that is led by mainly white leadership, we are deeply committed to examining and activating our role as an accomplice to address violence, racism, oppression, and discrimination in our sector, in Toronto and in society generally.

This Means:
  • We will continue to look within and address our own biases and the ways that systemic and structural racism plays itself out in SKETCH;
  • We will increase investment and resources to young Black Artists;
  • We will endorse Black leadership in SKETCH and in arts and culture;
  • We will support self-care and resources for our Black staff; and
  • Our leadership will connect with other white leaders of arts and culture organizations to support Black leadership in the sector with resourced opportunities to lead in meaningful ways.

We want to acknowledge the trauma and grief of those who create with and work at SKETCH, who are Black. We know you endure violence on a daily basis. We want to reach out to support you, stand and work together with you, to fight for justice, for your health, and for your futures.

We seek to learn daily, with you, how to enact a more just present and future. Thank you for your leadership. Thank you for calling us to be better. All of our liberations depend on it.

We join the movements for prison abolition, and for strong redirection of funding for policing to go toward community-based transformative justice efforts.

We call on the Arts Councils to create a Black Artists Fund to support Black Artists and Black Arts and Culture Organizations, recognizing and investing in their leadership in arts and culture, and in building fair and inclusive communities.

We encourage the non-Black community members of SKETCH to stand with us and take action by:
  • Educating yourself on the issues;
  • Supporting your Black staff with personal time for self-care;
  • Supporting the community by buying from Black-owned business (which include Black artists at SKETCH);
  • Donating to organizations that are directly supporting Black folks;
  • Reposting and resharing information on your social media feeds;
  • Having constant conversations with your peers, families, and friends; and
  • Signing petitions that call for justice.

With so many ways to actively support the dismantling of systems that continue to oppress the Black community, silence is not an option.

We welcome you all to join SKETCH in allying yourselves with the Black community in the fight for liberation for all, not as a token event, but one that actually leads to a re-education, re-evaluation, and unbiased and selfless action.

In solidarity,

SKETCH Working Arts

Artwork: Egwu Ogwu Mystic Dance by Kanna Anigbogu

Dear Friends and Investors,

Greetings from the SKETCH Project Home Team! We hope that you and your family are keeping well and safe during this time.

UPDATE: SKETCH is placing the capital campaign to purchase our studios on brief hiatus until the fall.

Our campaign has been a great success so far, with over $370,000 raised in funds and Community Bonds! However, in face of the COVID-19 pandemic, SKETCH is taking action to suspend the campaign to allow the time needed for those excited about our campaign to be in a more secure position to participate.

If you have already donated to the campaign, or purchased SKETCH Community Bonds, we deeply appreciate your commitment to Project Home. If you've just recently submitted your bond-purchase documents, we will still process your investment.

Have any questions about your donations or bond purchase? Please do not hesitate to contact SKETCH Executive Director, Rudy Ruttimann at rudy@sketch.ca.

This summer, we'll be working with our campaign partners and SKETCH community to determine exactly when we relaunch in the Fall. We'll be sure to keep you posted over the summer.

You can still inquire about SKETCH, our capital campaign, and its progress at invest@sketch.ca or by following us at @SKETCHToronto.

Thank you for your time, and we wish all the best for you and your family.

-The SKETCH Team & Campaign Advisory

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