By Peter Berliner, Mission Investors Exchange
In the final post of this 3-part series on impact investing, we hear from the managing director of Mission Investors Exchange, a membership organization for foundations that use or are learning to use program-related and mission-related investing to accomplish their philanthropic goals. Read the series’ earlier posts on who makes impact investments and the strategies they favor.
The recently released Exponent Philanthropy survey results indicate that a significant number of foundation members are engaged in impact investing. It’s great to see these foundations adopting this strategy to complement their grants. By doing so, they are helping transform traditional approaches to philanthropy.
In 2011, the Foundation Center reported that overall about one in seven foundations were making impact investments. Only one-quarter were using their endowed funds to do so. We are seeing growing interest among foundations of all sizes in using these tools. We are even seeing ones that are seeking to align 100% of their investments with their mission. They are truly leaders in the field. Other trends in impact investing
