All Posts By

Tapestry Capital

Announcing our new Co-Executive Directors: Mary Warner & Ryan Collins-Swartz

By | News

We’re proud to announce Mary Warner and Ryan Collins-Swartz as the new Co-Executive Directors of Tapestry & our parent organization TREC

Mary and Ryan are stepping into their new roles as veterans of the organization, both having a deep understanding of social finance and its impact on communities across Canada. They played a central role in founding Tapestry and growing the organization from an idea to an incredible reality – an organization that has now raised over 70 million dollars in community investment for community owned assets. Mary, Ryan, and the entire team, imagine a future with clean energy, housing for all, inspiring spaces for the arts, and social services brought to life with community bonds.

Mary Warner is the longest serving member of our organization and a pioneer in the world of social finance. She joined TREC 11 years ago and supported the growth of leading bond issuers like SolarShare, ZooShare, the Centre for Social Innovation. As Co-Executive Director, Mary will oversee operations and finance. 

I bring the spirit of facing new challenges by working collaboratively in my new role. It is not a leap I take lightly or alone, and with the support of my Co-Executive Director, Ryan, and with deep confidence in our entire team, I am eager to continue our tradition of thinking big and finding ways to further the social and environmental causes that are fundamental to our mission and values.”  – Mary Warner

Ryan Collins-Swartz has been an instrumental force in our organization and a champion for community bonds.. Since joining TREC to launch Tapestry 3.5 years ago, he’s built out our services, expanded our reach to new sectors and geographies, and worked closely with organizations to develop their bond campaigns for success. As Co-Executive Director, Ryan will lead the growth of Tapestry by working with partners, clients, and stakeholders. 

“It’s inspiring to support organizations to engage their community, increase their impact and empower everyday investors and institutions to align their investments with their values. I believe in the power of community bonds to change not only our relationship to finance, but prove that together, we can create the communities we want to live in.” – Ryan Collins-Swartz

Deb Doncaster, one of TREC’s founding staff and now a Director at the Greenbelt Foundation, shared the Board’s perspective on co-leadership:

“Our Board was thrilled to unanimously approve Mary and Ryan as our new Co-Executive Directors. Co-leadership provides stability for the organization as a whole as well as for the co-leaders themselves. Together, they can support each other in this pivotal role and model a more inclusive, co-operative and rewarding form of leadership. We’re excited for our organization to continue to evolve and grow under their leadership”  – Deb Doncaster, Board Member

2020 has proved the resilience of our communities and we are excited to support new ideas with the power of community bonds in 2021. We look forward to the year ahead with confidence in our team, energized to dream even bigger.

If you have any questions about Tapestry or community bonds, please get in touch! We’d love to hear from you.

Coworking space

The CSI Builds the Co-Working Space of the Future

By | Success Story

Tonya Surman is one of Co-founders of the Centre for Social Innovation (CSI), a social enterprise in Toronto, Canada, that specializes in the creation of shared workspaces for people and organizations with a social mission.

Founded in 2004, the CSI quickly became a hotbed of social innovation. By 2009, they were operating 28,000 sq ft of leased space and had a dynamic membership of over 175 people and projects committed to social change. They had a waiting list so long that they knew it was time to grow their physical space. Tonya had a bold idea – let’s buy a building.

As a successful non-profit organization, they had built a strong reputation and cultivated deep network but they had no assets to leverage and practically no money, with only $50,000 in accumulated surplus. The building they hoped to buy was $6.8 million to purchase and renovate.

So, they decided to leverage the best asset they had – their community. The result was the CSI community bond, which allowed them to offer an RRSP-eligible investment opportunity to their network of supporters. Within four months, they had raised $1.4 million (and eventually $2 million), took ownership of their newest building and prepared to welcome over 300 new socially driven organizations.

A group of people wearing orange shirts in front of solar panels

SolarShare creates investment opportunity for all Ontarian’s to participate in Renewable Energy

By | Success Story

Solar energy is an industry growing in both scale and opportunity. In 2010, Mike Brigham founded and became president of SolarShare with the philosophy that we not only need to transition to renewable sources of energy, but that energy should be owned and operated by communities.

To achieve this bold vision, SolarShare introduced Solar Bonds – 5- or 15-year bonds that allow Ontarians to invest directly to support solar energy, while allowing them to share in the profits of the co-op.

Now, SolarShare has become the largest renewable energy co-op in Canada, growing from three initial projects to 48, and raising over $36 million in financing from bonds with over 1,500 investors across Ontario. The support of their investors has allowed SolarShare to thrive and has allowed hundreds of people to direct their investments towards energy projects that benefit their savings, the environment, and SolarShare.

X