Si3 (Social Impact Investment in Israel) is UJIA’s innovative initiative that is changing Israel-focused philanthropy. Si3 uses a cutting-edge approach to drive social change in Israel and creatively engage funders in the UK who have not previously directed their philanthropic efforts towards Israel. Si3 funds projects that provide high value social impact and a financial return to better advance UJIA’s social mission to strengthen vulnerable communities in Israel. To leverage your giving to create extraordinary impact as well as to recycle capital, the educational, employment and community development endeavors in which Si3 invests, must repay the investments made in them, and their projects must be scalable and replicable. Si3 is a bold new face of Israeli philanthropy.
To date, Si3 has invested in ten social impact projects from among 250 applicants, in areas like urban regeneration, micro-finance and other endeavors that are successfully tackling stubborn social issues among Israel’s most vulnerable communities, including Ethiopian, Bedouin, Ultra-Orthodox and children with disabilities. Si3 is the most active Jewish community-led impact investment portfolio in the Israel ecosystem, and it is generating an evergreen pool of capital for social change.
UJIA established Si3 to invest in organisations in Israel that generate sustainable, measurable and beneficial social impact (SRI) alongside a financial return (ROI). Its target investment areas align with that of the UJIA’s: improving education, generating employment and developing communities. Impact investment of this nature represents a revolution in how the Diaspora gives to, and engages with Israel. It provides donors with the opportunity to participate in Israel’s burgeoning social impact investment scene while leveraging their donations to do more good. Si3 also creates a deeper connection between British Jews and Israel by creating an extraordinarily positive impact on Israel’s most disadvantaged populations.
Si3 is UJIA’s innovative approach to philanthropy in Israel. Social impact investment involves the use of repayable finance (debt or equity) to achieve a social as well as financial return. Si3 invests in entrepreneurs, organisations and initiatives across asset classes in Israel that aim to generate a sustainable, measurable and beneficial social impact alongside financial return. Si3 generates an evergreen pool of capital: every pound raised is not only invested in a project delivering social and educational benefits in Israel, but is reinvested by UJIA when the project yields a financial return. In this way, Si3 leverages every philanthropic pound to go further to enable UJIA to achieve its social mission in Israel.
Si3 is a platform for broader cross-generational engagement in Israeli philanthropy. UJIA works diligently to identify enterprises that improve the lives of those in Israel who need it most. Selected initiatives receive financial investment, professional assistance from UJIA staff and guidance from British business professionals. Investments are selected from among a large funnel of over 100 applicants a year. Applicants must submit to a multi-stage screening process conducted by an Israel-based team of professionals who are assisted by Si3 Advisors, a UK-based committee comprised of next gen business professionals who engage in the first round of screening and who remain in contact with recipient organizations. Final investment recommendations are made by a UK-based Si3 Investment Committee comprised of UJIA supporters, trustees and leading business professionals who leverage their acumen to help identify the most impactful Israeli enterprises with the strongest business models. With their collective business knowledge and broad experience in the social field, the Si3 team has developed a proven ability to drive quality deal flow, perform due diligence, structure social impact investments and manage Si3’s growing portfolio in order to create a meaningful impact on Israeli society.
“Heter Iska” – a waiver in respect of religious matters and interest on debt have been taken into consideration.
Si3 is today the UK’s leading Jewish community charity in impact investing in Israel. Guided by our impact investment policy, the Impact Investment Israel initiative is managed by UJIA professional staff, advised by Dalia Black, a leading impact investment advisor in Israel.
Proposals are reviewed by the Israel-based team who are assisted by Si3 Advisors, a UK-based committee comprised of business professionals. Final investment recommendations are made by a very engaged and committed UK-based Si3 Investment Committee comprised of UJIA Trustees and leading business professionals, working in close coordination with our staff for portfolio coherence.
Interim CEO & UJIA Israel Regional Director
Impact Investment Advisor
Head of Canvassing & Major Gifts - UJIA UK
Hila Hillary Katz
Social Impact Investment & Project Evaluation Manager - UJIA Israel
CEO, Bayport Management Ltd; Investment Committee Chair
Counsellor and community activist; UJIA Trustee
Partner, Baystone Associates Ltd
Principal, Astley Capital
Investment Director, Beringea
Independent media consultant
Managing Director, Kennet Partners
The Advisors Committee
Co-Chair of the Advisors Committee; Director of Strategy and Philanthropy, Viola Arts
Head of Operations, Christopher Ward London Limited
Co-Chair of the Advisors Committee; Managing Director, Digital Infrastructure Investing, Macquarie Capital
Development and Innovation Manager, Dentons
GlobalGiving Project Evaluator; MSc Candidate, Social Innovation & Entrepreneurship, LSE Department of Management
Investor Relations Manager, Credit Strategies, EQT Partners
Business Partnering and Commercial Finance Manager, BT
Senior Associate, CMS UK
Associate Director, Firethorn Trust
Regulatory Lead, Visa
Venture Capital Investor, OpenOcean
National and Key Account Manager, Coca-Cola European Partners
Senior Manager, Biomarin
Investment team, Downing LLP
Risk Consultant, KPMG
Growing Start-ups, Founders Factory
Political Strategist and Public Affairs Consultant
Investment Manager, Credo Group UK
Associate, Partners Capital
Deal Executive, Brait
Strategic Partnerships, BT
Strategy and Operations, Investec Corporate and Investment Banking