Renewal is a collection of independent organizations founded by Carol Newell to carry out her original mission of fostering social change.
These organizations include the charitable foundation, Endswell, the seed-capital investment firm, Renewal Partners Company, the new investment fund Renewal2, and our events, PlayBIG and Social Venture Institute.
Mission
Renewal puts the powerful tools of business and philanthropy to work in the creation of a triple bottom line economy. We provide investments, grants and collaborations (for entrepreneurs, investors and activists) in support of long-term societal solutions in British Columbia and beyond.
Vision
Renewal launched in 1994, with a 50-year strategy, and a 500-year vision, to influence and support a shift from a “maximum financial return at any planetary cost” economy to one based on the health of communities and in which ecosystems are integrated into economic activities that prioritize the long-term well being of future generations.
Strategy
Employing a three-pronged approach of investment (Renewal Partners and Renewal2) charitable grant making (Endswell Foundation and Tides Canada Foundation) and cross-sector collaboration, Renewal has infused a new model for change. At the core of our strategy is the belief that the many independent actors and organizations, across the for-profit and non-profit spectrum, will best gain strength through interdependent relationships of trust and respect. In our investments, grants and collaborations, Renewal works to create a new territory in which these new relationships are created and in which they can thrive.
Renewal has grounded and increased the leverage of its resources by focusing, initially, on our region, British Columbia. By investing heavily in BC, we have built a strong base and can now extend our influence and collaborative value more broadly. We have also invested throughout North American networks as part of expanding our region’s access to resources and visibility.
Goal
Our broader intention is to prioritize the greater good of society in the stewardship of wealth and influence. We hope that our example will encourage and guide others to invest, give and participate fully as citizens, in accordance with their deepest beliefs.