News and Insights

Mapping a Foundation's Impact Investing Journey

02/22/2017

Rosalie Sheehy Cates, Senior Advisor | One hundred million dollars.

That’s how much money Surdna Foundation has now allocated to impact investing, just in time for its 100th anniversary. It’s an exciting decision, and you can read all about the private foundation's decision-making process in Mapping the Journey to Impact Investinga new report researched and drafted by Jan Jaffe, senior partner of The Giving Practice, Philanthropy Northwest's national consulting team. more »

Foundations Should Work With For-Profits, Too

07/17/2016

Rosalie Sheehy Cates, Catalyst Fellow | Business is changing the world. Foundations are built to make grants to nonprofits, but if foundations want to influence change, we have to work in the for-profit business sector, too. It's that simple. The tool for this is investing. If we don’t do this, our foundation efforts are limited to the capacity of the nonprofit sector to steer the course, or clean up the mess. more »

Seizing the Momentum for Impact Investing

05/25/2016

Rosalie Sheehy Cates, Catalyst Fellow | It’s not every day you find the top officers from the biggest foundations in the United States chatting about their commitment to impact investing. It happened, though, at the Mission Investors Exchange (MIE) biennial conference in Baltimore, Maryland. From May 9 to 11, the CEOs of Meyer Memorial Trust and the Ford, Kresge, MacArthur, McKnight and Surdna foundations each took the stage to share their stories, commitment and strategies for "Seizing the Momentum" of impact investing. The size and stature of these foundations are a testament to MIE’s organizational reach and impact investing’s increasingly mainstream appeal. It may be a little overwhelming however, for smaller foundations and organizations just beginning to explore this tool. The MIE conference can feel like the arcade at the state fair: Over here we have real estate strategies to fight gentrification! Over there are fisheries, already accelerated to Version 2.0!  And over there, how to invest our way out of climate change! I think this is overwhelming in a good way, though. more »