Study: Less Than Half of Foundations Use Impact Investing
Wednesday, May 20, 2015
With increased interest in impact investing, the Center for Effective Philanthropy surveyed 64 CEOs of private foundations about their organizations’ practices. All of groups give at least $10 million annually in grants. The survey found that 41 percent of respondents said their foundations currently use impact investing, 6 percent plan to in the future, and 20 percent don’t plan to.
The center defined impact investing as “investments that are made into companies, organizations, and funds with the intention to generate social and environmental impact alongside a financial return.”