Teri Lovelace

President, LOCUS Impact Investing

Richmond, VA

Shift Capital  |  Community Capital, Funding / Investment

LOCUS empowers place-focused foundations to invest their capital locally to build prosperous, vibrant communities. 

Teri has over 27 years in the philanthropic, mission investing and the nonprofit sector. At Virginia Community Capital (home of LOCUS Impact Investing, which Teri leads), Teri is Chief Impact Officer and has been responsible for the mission impact programming as well as mission investing where socially motivated investors can invest in Virginia communities to earn both a financial return as well as a social return. In this capacity, she secured over $15m in PRIs/MRIs for foundations and developed a community note product called LION notes (Local Impact Opportunity Notes). Prior to VCC, Teri served on the senior management team of The Community Foundation, serving Richmond and Central Virginia. She was vice president of philanthropic services for the $850m community foundation. At the Foundation, she worked with donors and professional advisors with complex charitable gifts such as charitable trusts, bequests and annuities.


LOCUS Impact Investing empowers place-focused foundations to invest their capital locally to build prosperous, vibrant communities.  Foundation leaders who care about place are looking for an “on-ramp” to local investing for impact. To build the capacity of place-focused foundations to make direct community investments, Virginia Community Capital with the Center for Rural Entrepreneurship created a social enterprise called LOCUS Impact Investing. LOCUS can help foundations by assessing the landscape for deals, conducting due diligence, and then servicing and monitoring these community investments. Building on their collective expertise, LOCUS offers a continuum of solutions for foundations and donors as they define their role in this new era of community investing.  Learn more about this unique partnership at locusimpactinvesting.org



Virginia Community Capital brings innovative capital and collaborative leadership to promote vibrant communities, create jobs, and enhance quality of life. Established in 2006, VCC is a CDFI and B Corp Certified bank that makes loans and provides consulting services in the areas of access to health, small business and job creation, fresh food financing, and affordable housing. They lend $55-65 million per year and offer loan capital that is broader than traditional bank lending to projects that have a positive community impact in low-to-moderate income communities in underserved geographies and markets.