Unlocking New Capital

Saturday, June 16, 1:15 pm - 2:30 pm

For the arts sector to grow and flourish, capital beyond grantmaking must be found and deployed. In this session, we explore one such program: The Arts and Culture Loan Fund where a foundation, a commercial bank, a CDFI, a capacity building organization, and grantees have joined forces to address cashflow challenges and equity issues.

Learning Objectives:

  1. Demystify a part of the impact investing world through a concrete example of a PRI.
  2. Better understand challenges in collaborating with corporate and financial institutions.
  3. Identify effective ways to overcome institutional barriers (internally and externally).

Presentation Slides


Malik Gillani
Executive Director
Silk Road Rising
Chicago, Illinois

Malik Gillani is the Founding Executive Director of Silk Road Rising, a position to which he brings extensive experience in producing, management, and business development. He is a recognized leader in the creation of innovative arts programming that expands artistic access. Most notably, he conceived of and developed a model for creating online video plays which are now being accessed across the globe. Gillani earned a Bachelor's in Liberal Arts from St. John's College in Annapolis, Maryland. He is a Kellogg Executive Scholar (Northwestern University). He has a Masters in Non-Profit Administration from North Park University. Gillani has been a grant reviewer for the National Endowment for the Arts, the Illinois Arts Council, and the City of Chicago’s CityArts Program. Gillani is the recipient of the IBM Business and Technology Leadership Award and Chicago Community Trust's Fellowship Award. He was honored by Changing Worlds for Outstanding Contributions to the Arts.

Sarah Walker
Lead Consultant
Chicago, Illinois

As a Lead Consultant at FMA, Sarah oversees curriculum development and works with funders across the country to deliver cohort-based training and capacity building initiatives for nonprofits. Sarah also serves as a consultant and coach to nonprofits facing challenges in their financial and administrative operations. She works with nonprofits across a range of business models and mission areas to help them maximize use of their accounting software, implement fiscal policies and controls, design an effective staffing structure for the fiscal function, develop annual and multi-year budget projections, and create financial dashboards and reports. Sarah graduated from Tulane University with a BA in Political Science and holds an MPA in Nonprofit Financial Management from New York University’s Robert F. Wagner Graduate School of Public Service.

Allison Clark
Associate Director
John D. and Catherine T. MacArthur Foundation
Chicago, Illinois

Allison is an Associate Director in the Impact Investing Division of the John D. and Catherine T. MacArthur Foundation. She joined the Foundation in 2006 to oversee investments made through Window of Opportunity, the Foundation’s $150-million affordable rental housing preservation initiative and now works on a wide variety of investments across several initiatives. Clark has over 20 years of experience in affordable housing, economic development and commercial real estate financing and has worked at Fannie Mae, Bank One and the New York City Economic Development Corporation. Clark graduated from Harvard-Radcliffe College with a Bachelor’s degree in Government, and earned a Master of Management degree from the Kellogg Graduate School of Management at Northwestern University with a concentration in Nonprofit Management and Real Estate. She also serves on the board of directors of the Chicago Foundation for Women and is a Co-Founder of EQO37, an online resource advocating for gender equality.