{"id":9841,"date":"2017-06-05T16:52:27","date_gmt":"2017-06-05T20:52:27","guid":{"rendered":"https:\/\/test.greenmoney.com\/2025\/?page_id=9841"},"modified":"2020-01-07T14:40:14","modified_gmt":"2020-01-07T19:40:14","slug":"soil-fake-news-and-real-food","status":"publish","type":"post","link":"https:\/\/test.greenmoney.com\/2025\/soil-fake-news-and-real-food\/","title":{"rendered":"SOIL\u2013Slow Opportunities for Investing Locally"},"content":{"rendered":"<div class=\"landing-links\"><a href=\"https:\/\/test.greenmoney.com\/2025\/\"> &gt;&gt; Back to January 2020<\/a><\/div>\n<p><em>(Reader Favorite from June 2017)<\/em><\/p>\n<p>I often refer to Slow Money as <em>&#8220;the CSA of investing.&#8221;<\/em> As with community-supported agriculture, our efforts revolve around informal, direct relationships and shared risk. Slow Money funding is flowing in a variety of ways in dozens of communities across the United States (and a few in Canada and France) \u2014 peer-to-peer lending, investment clubs, angel networks and pitch fests at public events large and small.<\/p>\n<p>This year, we\u2019re launching <em>Slow Opportunities for Investing Locally\u2014SOIL<\/em>, a non-profit investment club, in the Boulder, CO area (as well as holding the <strong>SOIL 2017 Conference<\/strong> this October, details below).<\/p>\n<p>This isn\u2019t <em>investing<\/em> in the traditional sense. We\u2019re using charitable donations and 0% loans to fund the next generation of diversified, organic farms and the small food enterprises that bring their produce to the local market. We\u2019re building a permanent, member-controlled funding resource. This is investing that leaves the returns in, for the benefit of future generations.<\/p>\n<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-10062 aligncenter\" src=\"https:\/\/test.greenmoney.com\/2025\/wp-content\/uploads\/2017\/05\/Two-Roots-Farm_2.jpg\" alt=\"Two-Roots-Farm_2\" width=\"700\" height=\"726\" \/><\/p>\n<p style=\"text-align: left;\"><em><span style=\"color: #999999;\">Two Roots Farm, a start-up micro-farm in Carbondale, CO received $7,500 for drip irrigation and a walk-in cooler. <\/span><\/em><\/p>\n<p>There are many social and environmental reasons why we are doing this. Climate Change. Nutrition. Community. There are also financial reasons. If we are going to do what needs to be done in the soil, then we are going to need to put aside some of our money in new ways.<\/p>\n<p>This is what has been driving Slow Money activities around the country. Since 2010, more than $57 million has flowed through our networks to 632 small food enterprises: Cheese makers, artisan bakers, heirloom seed companies, compost purveyors, small diversified organic farms (F.A.R.M.s,*too), grass-fed beef producers, goat dairies, yogurt companies, farm-to-table restaurants, probiotic pickleteers, community kitchens, regional grain mills, local distributors, inner city cooperatives and more.<\/p>\n<p><!-- \/212189234\/inarticle --><\/p>\n<div id='div-gpt-ad-1622053269469-0' class=\"ad-float-left\" style=\"height: 250px; width: 300px;\"><script>\ngoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1622053269469-0'); });\n<\/script><\/div>\n<p>Here in Colorado, hundreds of individuals have attended regional events or committed capital to Slow Money projects, including four investment clubs, resulting in the flow of $3.3 million to 36 local food deals. In 2015, we started our first non-profit investment club, 2Forks Club in Carbondale, CO, and based on its success, we are now starting SOIL on Colorado\u2019s Front Range.<\/p>\n<p>* F.A.R.M., in Boone, NC, is a caf\u00e9 that allows customers to pay whatever they can afford: Food for All Regardless of Means. There is a network of such &#8220;one world cafes&#8221; around the country, some 70 or so strong. Denver\u2019s SAME Caf\u00e9 (So All May Eat) is one. We haven\u2019t yet funded one of these caf\u00e9s, but I hope we will soon.<\/p>\n<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-25395\" src=\"https:\/\/test.greenmoney.com\/2025\/wp-content\/uploads\/2019\/05\/Local-Soil.jpg\" alt=\"Local Soil - GreenMoney Journal\" width=\"573\" height=\"429\" srcset=\"https:\/\/test.greenmoney.com\/2025\/wp-content\/uploads\/2019\/05\/Local-Soil.jpg 573w, https:\/\/test.greenmoney.com\/2025\/wp-content\/uploads\/2019\/05\/Local-Soil-300x225.jpg 300w\" sizes=\"auto, (max-width: 573px) 100vw, 573px\" \/><\/p>\n<p style=\"text-align: left;\"><em><span style=\"color: #999999;\">MM Local received a $100,000, 0% loan to assist in structuring their next round of financing.<\/span><\/em><\/p>\n<h2><span style=\"font-size: 24px;\">Here\u2019s how it works.<\/span><\/h2>\n<p><em>You become a member of SOIL with a tax-deductible donation of $100 or more. Then, members make 0% loans to local farmers and food entrepreneurs, by majority vote\u2014one member, one vote, no matter what the size of your donation. When loans are repaid, funds are recycled into new loans. <\/em><\/p>\n<p>We\u2019ve been utilizing this model for the past two years over in the Roaring Fork Valley, where 33 individuals have contributed a total of $206,000, in amounts ranging from $100 to $80,000, to the 2Forks Club (named for the Roaring Fork River and the north fork of the Gunnison River). Seven loans have been made to date, with more in the pipeline.<\/p>\n<p><em>&#8220;I\u2019ve been farming for 20 years,&#8221;<\/em> says 2Forks member Brook Le Van, <em>&#8220;And I\u2019ve never seen anything this heartening in the way it connects people and supports the local food system. Especially in the current climate, with so much divisiveness and uncertainty, this is just what we all need.&#8221;<\/em><\/p>\n<p>Here in Boulder, SOIL is starting off with $75,000 from a dozen founding members. I am joined on our launch committee by Brian Coppom (Executive Director, Boulder County Farmers\u2019 Market) and Amy Divine (Member, Women Donors Network). Helping us is a Kitchen Cabinet that includes a healthy handful of local folks with experience in food and finance. We\u2019d like to think that given population and geographical factors on the Front Range, we\u2019ll be able to achieve more scale than our sister group in the mountains,and that, over time, if enough of us keep at it, we can grow SOIL into a significant, community resource for funding local food systems, in Boulder and beyond.<\/p>\n<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-25396\" src=\"https:\/\/test.greenmoney.com\/2025\/wp-content\/uploads\/2017\/06\/Zephyros-Farm.jpg\" alt=\"Zephyros Farm - GreenMoney Journal\" width=\"573\" height=\"456\" srcset=\"https:\/\/test.greenmoney.com\/2025\/wp-content\/uploads\/2017\/06\/Zephyros-Farm.jpg 573w, https:\/\/test.greenmoney.com\/2025\/wp-content\/uploads\/2017\/06\/Zephyros-Farm-300x239.jpg 300w\" sizes=\"auto, (max-width: 573px) 100vw, 573px\" \/><\/p>\n<p style=\"text-align: left;\"><em><span style=\"color: #999999;\">Zephyros Farm, a ten-year-old, four acre diversified organic farm in Paonia and the first certified organic flower producer in Colorado, received $23,500 to purchase a used refrigerated truck.<\/span><\/em><\/p>\n<p>The spirit behind SOIL is reflected in the Slow Money Principles, which start with &#8220;We must bring our money back down to earth&#8221; and ends with:<\/p>\n<p>Paul Newman said, <em>&#8220;In life, we need to be more like the farmer who puts back into the soil what he takes out.&#8221;<\/em> Recognizing the wisdom of these words, let us ask:<\/p>\n<div style=\"margin-left: 25px; padding-bottom: 10px;\"><strong>\u2022<\/strong> What would the world be like if we invested 50% of our assets within 50 miles of where we live?<br \/>\n<strong>\u2022<\/strong> What if there were a new generation of companies that gave away 50% of their profits?<br \/>\n<strong>\u2022<\/strong> What if there were 50 percent more organic matter in our soil 50 years from now?<\/div>\n<p>Such questions point in a fundamentally new direction, although the actions we are taking\u2014making small loans to farmers\u2014are in many ways quite simple. This balance between big questions and small actions is central to the change we are seeking and the community we are building.<\/p>\n<h2>Here\u2019s another question, along with the partial answer that arises from slow money conversations:<\/h2>\n<p><strong>Q. <em>We\u2019re giving our money to people we don\u2019t know very well, to invest in things they don\u2019t understand very well, halfway around the world in places that most of us will never visit: Does this sound like the recipe for a healthy future?<\/em><\/strong><\/p>\n<p><strong>A.<\/strong> Put our money to work in things that we understand, near where we live, starting with food.<\/p>\n<p>It just may be that, led by farmers\u2019 markets and community supported agriculture and crowd funding and a few pioneering funds around the country, small food enterprises and local investing will mature over time as an asset class that produces predictable, risk-adjusted financial returns.<\/p>\n<p><!-- \/212189234\/InArticle002 --><\/p>\n<div id='div-gpt-ad-1622053479374-0' class=\"ad-float-left\" style=\"height: 250px; width: 300px;\"><script>\ngoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1622053479374-0'); });\n<\/script><\/div>\n<p>Or, it just may be that if we really want to nurture the slow, the small and the local, we\u2019ll just have to find the gumption to go slow, small and local with our money \u2014 using not only our consumer dollars, but our investment and philanthropy dollars, as well. We may just need to splice into our 20th century investment notions the principles of carrying capacity, care of the commons, sense of place, soil fertility, diversity and nonviolence.<\/p>\n<p>Or&#8230;if that all sounds a bit much&#8230;we can just roll our sleeves up, do what we can locally, enjoy getting together once in awhile, celebrate a little conviviality with our neighbors, break bread and make 0% loans to local farmers and food entrepreneurs, for the good of all.<\/p>\n<p>In this time of fake news and fake food, it\u2019s nice to have something real to do with our money.<\/p>\n<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-25397\" src=\"https:\/\/test.greenmoney.com\/2025\/wp-content\/uploads\/2019\/05\/Poudre-Valley-Farms.jpg\" alt=\"Poudre Valley Farms - GreenMoney Journal\" width=\"573\" height=\"372\" srcset=\"https:\/\/test.greenmoney.com\/2025\/wp-content\/uploads\/2019\/05\/Poudre-Valley-Farms.jpg 573w, https:\/\/test.greenmoney.com\/2025\/wp-content\/uploads\/2019\/05\/Poudre-Valley-Farms-300x195.jpg 300w\" sizes=\"auto, (max-width: 573px) 100vw, 573px\" \/><\/p>\n<p style=\"text-align: left;\"><em><span style=\"color: #999999;\">Slow Money investors have provided $275,000 to Poudre Valley Farms in Ft. Collins, CO pioneering a new model for community ownership of organic farmland.<\/span><\/em><\/p>\n<p>&nbsp;<\/p>\n<p><em><strong>Article by Woody Tasch<\/strong>, the Founder and Chairman of the <a href=\"https:\/\/slowmoney.org\" target=\"_blank\" rel=\"noopener noreferrer\">Slow Money Institute<\/a> and author of &#8220;Inquiries into the Nature of Slow Money: Investing as if Food, Farms, and Fertility Mattered&#8221;, Chelsea Green. Woody is widely renowned as a thought leader in patient capital, mission-related investing and community development venture capital. He is former Chairman and CEO of Investor\u2019s Circle (IC), one of the oldest angel networks in the country, and former treasurer of the Jessie Smith Noyes Foundation. <\/em><\/p>\n<p>&nbsp;<\/p>\n<h2>The Slow Money SOIL 2017 Conference<\/h2>\n<p>People are waking up to the importance of the soil. Soil fertility is vital for human health, resilient communities and strategies for combating climate change. But most people don\u2019t talk about soil and money in the same breath.<\/p>\n<p><strong>October 16-17 in Boulder<\/strong>, Colorado, we&#8217;re bringing together a group of renowned speakers to explore the relationship between the actual soil and the soil of a restorative economy.Day One will include a full day of presentations, discussions, and productive collaboration, followed by a special evening program. Speakers include Daphne Miller, David Montgomery, Winona LaDuke, Bill McKibben (via video conference), Fred Kirschenmann and many more! Day Two is an opportunity for up to 125 people to focus on SOIL \u2014Slow Opportunities for Investing Locally\u2014our new Colorado initiative. We\u2019ll explore the state of the local food system and what success would look like for this new program. The day will culminate with members of SOIL selecting one or more farmers\/food entrepreneurs to receive 0% loans.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I often refer to Slow Money as &#8220;the CSA of investing.&#8221; As with community-supported agriculture, our efforts revolve around informal, direct relationships and shared risk. Slow Money funding is flowing in a variety of ways in dozens of communities across the US \u2014 peer-to-peer lending, investment clubs, and angel networks.<\/p>\n","protected":false},"author":3,"featured_media":27181,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[102,295],"tags":[125,139,136,134],"class_list":["post-9841","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-june-2017","category-greenmoneys-150th-issue","tag-additional-articles","tag-food-farming","tag-impact-investing","tag-sustainable-business"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SOIL\u2013Slow Opportunities for Investing Locally - Green Money Old version<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SOIL\u2013Slow Opportunities for Investing Locally - Green Money Old version\" \/>\n<meta property=\"og:description\" content=\"I often refer to Slow Money as &quot;the CSA of investing.&quot; As with community-supported agriculture, our efforts revolve around informal, direct relationships and shared risk. 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