Impact Fund

Good Deed Impact Fund is the first venture philanthropy fund in Estonia. We help to launch and scale impactful initiatives that solve pressing problems in the Estonian society. We work with complex issues in education, social inequity, public health and environment.


We are looking to work with 4-6 impactful initiatives in the next three years providing both financial and non-financial support from a dedicated team and pro-bono experts. Together with entrepreneurs and enterprises that care for our future, the state and leaders in social change we drive for positive and lasting impact.

FUND SIZE 500 000 € FOR 


We work with initiatives preparing to scale and initiatives in the start-up phase (vs preparing to launch). Our experience starts from piloting to impact measurement, people, communication and strategy development. We are looking for initiatives that:

  • solve pressing problems in the Estonian society,
  • are committed to impact measurement and have (potential for) high impact,
  • have a strong team,
  • have a working financing model,
  • benefit from capacity-building.

Kiusamisvaba Kool

Evidence based program which helps to prevent bullying in schools and effectively solve bullying incidents.


Sports based prevention program for the youth combining soccer practices and workshops to develop social skills.

Paw and Hand

Paw and Hand brings together offenders and dogs in animal shelters for an 8-week training program. Offenders train shelter dogs under the supervision of professional dog trainers. The aim of the program is to develop offenders social and emotional abilities and decrease re-offending.


ASÕP brings together schools that need substitute teachers with people who would like to provide substitute lessons.


Ahti Heinla
Anders Anderson
Andres Rätsepp
Annika Tallinn
Armin Kõomägi
Heldur Meerits
Indrek Prants
Jaan Puusaag
Karli Lambot
Marju Kern
Raul Kirjanen
Sven Mansberg
If you want to come on board to build the first Impact Fund in the region or fund our activities, please write to