Caloz

SUPPORT EFFORTS TO PROMOTE ECONOMIC AND COMMUNITY DEVELOPMENT IN LOW-INCOME COMMUNITIES ACROSS THE STATE OF CALIFORNIA THROUGH THE QUALIFIED OPPORTUNITY ZONE (QOZ) INCENTIVE ESTABLISHED BY THE UNITED STATES CONGRESS IN THE 2017 TAX CUTS AND JOBS ACT.

CALOZ EVENTS AND CONVENINGSCALOZ IS DEDICATED TO BUILDING COMMUNITY AND AWARENESS AMONG THE BROAD RANGE OF STAKEHOLDERS ACTIVE IN CALIFORNIAS QOZ ECOSYSTEM, INCLUDING REPRESENTATIVES FROM QUALIFIED OPPORTUNITY FUNDS (QOFS); QOZ PROJECTS; LOCAL, STATE, AND FEDERAL PUBLIC AND QUASI-PUBLIC AGENCIES; PHILANTHROPIC, NONPROFIT, AND COMMUNITY ORGANIZATIONS; TAX, LEGAL, FINANCIAL SERVICES FIRMS; AND INDIVIDUAL QOZ COMMUNITIES. ACTIVITIES WITHIN THIS INITIATIVE INCLUDE PARTICIPATION IN QOZ-RELATED SPEAKING EVENTS; CALOZ-ORGANIZED "SPEAKER SERIES" EVENTS; INFORMATIONAL WEBCASTS AND CONFERENCE CALLS; AND AN ANNUAL SUMMIT. CALOZ MEMBERS RECEIVE PRIORITY ACCESS TO EVENT SPONSORSHIP OPPORTUNITIES, EVENTS WITH NO ADMISSION FEE, AND DISCOUNTS TO EVENTS WITH ADMISSION FEES. NON-MEMBERS MAY PARTICIPATE DEPENDING ON SPECIFIC EVENT GOALS AND AVAILABLE CAPACITY. CALOZ BEGAN CONDUCTING THIS PROGRAM IN APRIL 2019 AND ANTICIPATES SPENDING APPROXIMATELY 30% OF OUR TIME AND EFFORTS ON THIS INITIATIVE.

CALOZ STATE POLICY WORKING GROUPCALOZ IS FOCUSED ON PROMOTING SOUND OPPORTUNITY ZONE PUBLIC POLICY IN CALIFORNIA. IN DOING SO, WE SUPPORT POLICIES THAT ENCOURAGE QUALITY INVESTMENTS IN OPPORTUNITY ZONES THAT ACHIEVE A "TRIPLE BOTTOM LINE" CRITERIA OF STRONG ECONOMIC, SOCIAL AND ENVIRONMENTAL RETURNS. WE PURSUE THIS WORK VIA AN INVITATION-ONLY POLICY WORKING GROUP COMPRISED OF CALOZ MEMBERS REPRESENTING DIVERSE BUSINESS, GOVERNMENT, PHILANTHROPIC AND COMMUNITY ORGANIZATIONS. SPECIFIC ACTIVITIES OF THE POLICY WORKING GROUP INCLUDE: (A) REGULAR CALLS, EMAILS AND MEETINGS TO EXCHANGE UPDATES AND DISCUSS STRATEGY; (B) CALLS, LETTERS, EMAILS AND MEETINGS WITH ELECTED AND APPOINTED REPRESENTATIVES OF THE STATE OF CALIFORNIA PROVIDING INFORMATION, PERSPECTIVE AND POLICY RECOMMENDATIONS; (C) TESTIMONY AT PUBLIC HEARINGS AND EVENTS; AND (D) PERIODIC INFORMATIONAL BRIEFINGS TO BROADER MEMBERSHIP SEGMENTS AND NON-MEMBER AUDIENCES. CALOZ MAY RAISE FUNDS FROM TIME TO TIME TO RETAIN A PUBLIC AFFAIRS CONSULTANT TO ASSIST WITH THIS PROGRAM. OUR ORGANIZATION BEGAN CONDUCTING THIS PROGRAM IN APRIL 2019 AND ANTICIPATES SPENDING APPROXIMATELY 25% OF OUR TIME AND EFFORTS ON THIS INITIATIVE.

QOZ EDUCATIONCALOZ PROVIDES MEMBERS WITH A RANGE OF EDUCATIONAL RESOURCES INTENDED TO ENHANCE THEIR QOZ-RELATED ACTIVITIES IN CALIFORNIA. THESE INCLUDE: (I) ACCESS TO A MONTHLY E-NEWSLETTER WITH UPDATES ON CALOZ PROGRAMS AND RECENT QOZ DEVELOPMENTS; (II) FACILITATED INTRODUCTIONS TO OTHER CALOZ MEMBERS WITH POTENTIAL TO OFFER TECHNICAL ASSISTANCE AND STRATEGIC PARTNERSHIP; (III) VISIBILITY AND PROMOTIONAL OPPORTUNITIES VIA CALOZ PLATFORMS (E.G. E-NEWSLETTER, WEBSITE, SOCIAL MEDIA, PRINTED COLLATERAL); AND (IV) ADDITIONAL SUPPORT, EXPERTISE, INFORMATION-SHARING, AND PROBLEM-SOLVING ASSISTANCE FROM CALOZ ON QOZ- RELATED MATTERS. THE SCOPE AND INTENSITY OF EDUCATIONAL RESOURCES PROVIDED VARIES BY MEMBERSHIP CLASS AND CONTRIBUTION LEVEL AS SPECIFICALLY SET FORTH IN LINE 7 BELOW. OUR ORGANIZATION BEGAN CONDUCTING THIS PROGRAM IN APRIL 2019 AND ANTICIPATES SPENDING APPROXIMATELY 30% OF OUR TIME AND EFFORTS ON THIS INITIATIVE.