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!

SKETCH COMMUNITY UPDATE (as of April 2, 2020)

Friends, we hope you are safe and healthy!

SKETCH is taking a pause in its usual programming to respond thoughtfully to the impacts of the COVID-19 pandemic. Spring and Summer programs will not happen as originally planned.

We are working to create remote offerings such as live streaming, video workshops, and online referrals support (in particular to connect with funds that can support youth, 16-29, during the pandemic).

We are aiming to have some in-person programs up and running by Fall 2020!

Please stay tuned to our social media accounts for updates. If you have any questions or concerns, email us at info@sketch.ca.

IN THE MEANTIME, IF YOU’D LIKE TO SUPPORT OUR WORK ... Please HELP!

Check out our Project Home campaign to help us get home!

We need your support.

Help us to get through this time when all our funding is affected!

Donate Now

SKETCH celebrates the creativity and resilience of young people during this time (and always)! The ARTS can lead us! Take a listen to this new release from artist, Ben Wood

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