The tax benefits of investing in Opportunity Zone Funds is one thing, but perhaps more important is that direct investment into distressed communities provides the revitalization needed for an even greater good. In this podcast, Ellavoz Impact Capital CEO Bob Hutchins speaks about how his company is making proactive, long-term, and direct investments into communities, with the goal of strengthening the fabric of underserved areas, especially in the area of affordable housing – and why he has created an Impact Angel Network challenging accredited investors to take what he calls, the “5% pledge”.
Ellavoz Impact Capital is the management company for the Ellavoz Shared Values Opportunity Fund, the Ellavoz Neighborhood Homes Fund, and the Impact Angel Network. The Angel Network represents high-net-worth individuals, family offices, and businesses that believe innovative opportunity fund investing in underserved communities will result in positive financial and social impact returns.
As New Jersey’s Community Opportunity Fund, the Ellavoz Shared Values Opportunity Fund is a unique partnership between New Jersey Community Capital, Community Asset Preservation Corporation, and Ellavoz Impact Capital, bringing the public and private sectors together for innovative social impact investing. Ellavoz believes every investor should allocate social purpose into their investment portfolio. Why? Because when you invest in where the need is greatest, risk is minimized and the opportunity for true social impact is most realized.
So, Ellavoz asks: what will be your legacy? If you believe in the concept of impact investing and the shared values investing that Mr. Hutchins describes on the podcast, Ellavoz invites you to become an Impact Angel and to take the 5% pledge. If you are interested in investing in any of the Ellavoz Opportunity Zone Funds or their Neighborhood Homes Fund, please contact Bob Hutchins directly at (908) 330-2029 for more information or visit his website at www.Ellavoz.com
ABOUT OUR GUEST: Robert Hutchins
Mr. Hutchins is the Managing Director of the Ellavoz Shared Values Opportunity Fund and President & CEO of Ellavoz Impact Capital. The company sponsors and manages the Ellavoz Shared Values Opportunity Fund and the Ellavoz Impact Angel Network. He is a retired Partner of Withum, Smith+Brown which is a regional CPA firm with approximately 1,300 employees. He graduated from St. Peter’s College and began his professional career with Price Waterhouse & Co., in Hackensack, New Jersey. Prior to combining his accounting practice with WSB, he was managing partner of Hutchins, Farrell, Meyer & Allison. Mr. Hutchins is a member of the American Institute of Certified Public Accountants and the New Jersey Society of Certified Public Accountants, as well as the National Association of Certified Valuation Analysts.
Mr. Hutchins was cofounder and executive chairman of Biofortis, Inc. (www.biofortis.com), a bioinformatics company which acquired IP from Johns Hopkins University and subsequently was sold to a NYSE company in 2018. He has served on the board of directors of both public and private companies. As an entrepreneur, he has been an angel investor as well as executive leadership in real estate, hospitality, digital healthcare and life science companies. Mr. Hutchins has been, for over 20 years, the managing director of Helensburgh Capital and related entities. He is advisor to SFO Management LLC which is a private Single-Family Office.
Mr. Hutchins’ professional experience includes audit, tax, advisory and financial planning for high net worth individuals and their family-owned businesses; as well as consultant to single family offices for their private equity direct investments. In addition, he has served as financial advisor in the private placement of securities and public offering of debt. He has served as an advisor for business acquisitions, turnarounds, sales and succession planning. Mr. Hutchins has been appointed by the courts as an expert in business valuation, economic damage measurement and receiver or mediator for business litigation matters.
In his community, Mr. Hutchins is a founder and Chairman of the Board of Trustees of Ocean Housing Alliance, Inc., a non-profit organization operating a 48-bed residential health care facility and low-income housing for mentally disabled individuals in Ocean County, New Jersey. Mr. Hutchins is also a cofounder and Treasurer of the Board of Trustees of Joan Dancy & P.A.L.S., an ALS Support Group Charity in Monmouth County. He is past Chairman of the American Cancer Society’s Ocean Unit and served on the Board of Directors of the Eastern Division of the American Cancer Society. Mr. Hutchins is a lifetime Excalibur Society member of the American Cancer Society. He has also served as an elected Board Member of the Toms River Regional School District, appointed member of the Ocean County Mental Health Advisory Board and The FoodBank of Monmouth & Ocean Counties (now Fulfill).
IMPORTANT!
All information provided is for informational purposes only. Mapable USA is not a registered broker-dealer, funding portal, or investment advisor. This information presented on this website/podcast is not intended as legal or investment advice for anyone to make an investment in any particular company and is not intended for any companies to rely on this information to form an opinion to go public or not to go public or to do any type of offering of securities. Any information presented is not an offer or solicitation to purchase or sell any securities or financial products. None of the information on the Mapable USA podcast or website takes into account any individual person’s personal objectives, financial situation, needs, or particular circumstances. You must check with a securities attorney to find out if an offering is for you, or if you are going to be in the business of selling any type of securities, you need to make sure you are following your state and federal legislative law so you do not get into any troubles. Do not use the opinions as stated on this show as any way to form an opinion as what is wrong or right or what could be done for your business or as an investor. Mapable, LLC recommends you obtain your own financial, legal, and taxation advice before making any financial investment decision.
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