Both the triumphs and the growing pains of “impact investing” were on display in Oxford, England last week. Impact investing goes beyond the passive tactic of limiting investments to, say, companies that are green or that don’t produce guns. Rather this practice combines traditional and cutting edge investment strategies to provide financial return through active […]
Frank Giustra: Dear Rich People: Learning to Give
In the beginning, my personal story was not unfamiliar. I came from humble beginnings, my parents were immigrant laborers, with four kids and we grew up with little money. Then, in my late teens, I was influenced and inspired by Napoleon Hill’s 1937 book Think and Grow Rich, and set out to become wealthy. I […]
Carla Javits: Five Reasons to Prioritize Social Impact Investing
While international and domestic problems bombard us daily, strong signals indicate that a new kind of revolution is afoot that has the potential to open doors to people who have been left out of jobs, and the mainstream economy. There are signals of possibility, of hope — even of a revolution that could come from […]
Robert Rubinstein: Millennial Recruitment and Impact Investing
For the past 25 years, I have been hearing how corporate social responsibility (CSR) and sustainability will be critical for the corporate world on three levels: Finance Personnel Reputation If a company wanted to attract the best and the brightest and retain that talent, they would have to anchor CSR and sustainability in all their […]
Don Shaffer: Momentum Builds for 100 Percent Impact Investment Movement
When I first started working in impact investing, the field’s challenges were foundational: refining the concept, finding suitable investments, figuring out how to measure impact, even determining what to call the concept. Work in all those areas continues, but the field has matured to the point where it’s on the agenda of the G8, finance […]
Don Shaffer: Community Foundations: What It Takes to Become Dynamic Hubs of Local Capital
Community foundations — with their deep local ties, significant unrestricted assets, and community benefit missions — are ideally positioned to play a leading role in solving our communities’ most profound and difficult challenges. Yet many are stuck in a pattern of disbursing only a small percentage of their assets in grants and investing the rest […]