An Indiewire piece on the new "filmanthropists" highlights CMP as one of the key organizations helping to connect philanthropist investors with impact media makers. It also unveils CMP's new Invest/Impact initiative, a way for members to pool resources and become investors in Impact Partners.
More from the article:
"One of the things that we wanted to achieve with CMP is that we could untether documentaries from the dependence on foundation money," explained Cohen. Instead of doc-makers seeking major foundation grants, CMP could pool individual smaller investments of $5,000 or $10,000 to get the same amount. "And not only do they put in their money, but you also get their intimate personal investment in a project," said Cohen. "And that's what we're trying to develop."