Seizing the Momentum: ‘But For’ These Foundations, Less Impact in Investing

Baltimore, Md. –  There’s a tendency for some hardcore finance types to look down their noses at philanthropic foundations. Soft-headed. Concessionary. Anti-business. It may be time for a new view: Pioneering. Catalytic. Risk-taking. And in the nascent market for investments that generate financial returns through the creation of social and environmental benefits, perhaps essential. In the

Ford Foundation Looking at Impact Investing For $12 Billion Endowment

It’s time to address the elephant in the board rooms of the nation’s foundations: the impact of the $650 billion in philanthropic endowments. So says Darren Walker, president of the Ford Foundation, who announced that the nation’s second-largest private foundation will put forward a specific impact investing policy for its $12 billion endowment “in the

Lessons from Packard Foundation’s $750 Million in Mission Investments

As more foundations start to deploy impact investments to accomplish their philanthropic goals, some pioneers in the field of mission investing are sharing their hard-earned lessons to perhaps boost the confidence of recent adopters. The David and Lucile Packard Foundation, for example, with a $180 million mandate for impact investments, has released an outside analysis,“Mission

Sonen Capital: Put Foundation Endowments to Work for ‘Total Impact’

At Sonen Capital, we believe that capital markets can and should help solve the world’s pressing environmental and social issues, while at the same time delivering market-based financial performance. For foundations in particular, impact-oriented investment portfolios have enormous potential to amplify philanthropic programming and grant making. Too frequently foundations invest at cross-purposes by investing their corpus

IRS Gives Green Light to Foundation Investments for Impact

The Obama administration has removed an obstacle that had blocked some private foundations seeking to use their full range of capital to pursue their missions. The new guidance from the Internal Revenue Service could help unlock for so-called “mission-related investments” some of the $650 billion in assets warehoused in the endowments of U.S.-based private foundations. “This guidance is not about