ACE | Access to Capital for Entrepreneurs’ Post

The most important impact that foundation endowments can have is financing a new conversation at the vanguard of public discourse about money as a social structure for social decision making to explore the agency/purpose, authority/power and accountability for the exercise of power true to purpose, of our social institutions of finance for aggregating money set aside by others and deploying those aggregations as financing for enterprise to shape the choices from which we can then choose, through money, in the markets to shape our own individual, and our shared economy, and to discover, especially, the institution of fiduciary money, whose purpose is to care about the connections between quantities of money and quality of life, for some, directly, and for all of us, consequently.

To truly deliver on our nation’s promise of life, liberty and happiness for all, it’s time for us to do more. It’s time for us to go “all in.” That’s why The California Endowment has made the commitment to begin aligning all of our investment assets - $4 billion worth - with our mission and values. That means putting our capital towards a portfolio that furthers racial equity, health and wellness. We know this will take time, and that we can’t do it alone. Imagine if all foundations and endowments did the same? #impactinvesting #impinv Mission Investors Exchange The Global Impact Investing Network Tideline https://lnkd.in/gdPuYkJe

How can grantmakers help communities drive actionable change? Learn from our nearly 45 years of sustained investments.

Last week, RPIA had the privilege of hosting the Rising Gen Forum alongside Northwood Family Office and Northleaf Capital Partners. This event featured inspiring keynote speakers and engaging panel discussions designed to empower and educate the next generation on financial wellness. Panelists Gregory Nott, Editte Malile, and Todd Papau, shared their expert views on trends and themes observed among next-gen clients in the today's investing landscape. Editte, our Head of Client Relations, highlighted the unique characteristics of the younger generation of investors that are shaping our future. Swipe to the next slide to see her insights. We believe in the importance of events like these, equipping our future leaders with the knowledge and skills necessary to navigate the world successfully.  #RPIA #financialliteracy #investing #NextGen #futureleaders #financialeducation 

How do you engage in Impact Investing? Our conversation with the Executive Director of ImpactPHL, Cory Donovan, highlights several ongoing initiatives that demonstrate the potential of impact investing to drive meaningful change. View the full interview and find out more about building grantmaking strategies that bolster grantee engagement and deepen impact below!

Whether as a source of investment or philanthropy, private wealth is critical in shaping the opportunities that are presented by technological change. Private wealth will lead the funding needed to create diverse and sustainable societies. To mobilize global private wealth properly we must first understand where that wealth is and how it is created. Explore the insights in the latest edition of the Global Wealth Report: https://lnkd.in/ezyz3hYJ

In a revealing survey, only 5% of foundations were found to truly align their investments with their missions, despite 92% being part of impact investing networks. This stark discrepancy highlights a broader issue: many foundations likely inadvertently fuel the problems they aim to solve through their non-aligned investments. It's time to demand more than just token shifts towards mission-aligned investing. We must advocate for 100% alignment and hold these organizations accountable, potentially reevaluating their tax-exempt status if they fail to meet this standard. Let's commend those like the Skoll Foundation for their genuine efforts, but remember, aligning investments with mission values should be the norm, not the exception. #Philanthropy #ImpactInvesting #MissionDrivenInvestment https://lnkd.in/gvn3kbXh

Heartening stuff reported in the The Wall Street Journal - California Endowment to Shift All $4 Billion Into Purpose-Driven Investments: "One of the largest private healthcare endowments in California is going all-in on purpose-driven investing, pushing against a growing tide of skepticism on investing with anything other than financial returns in mind." It's the right thing to do, a better way of doing things, with longtermism and sustainability at the core. #purposedriven #datadriven #projectlighthouse #employeeexperience #customerexperience #sustainability

"Every investment leaves a mark. Many of the non-aligned investments have likely fueled the very issues these foundations aim to solve. Their vast portfolios have backed companies that view employees merely as costs, suppressing wages; tech giants that have weakened democracies, endangered our children, and divided us; businesses with supply chains involving child labor; and corporations whose environmental footprint has hastened the climate crisis. Given that these foundations typically allocate about 7% of their funds to their causes, it's not hard to imagine that the negative impacts of the other 93% could completely overshadow the good done by their grants. Without applying the same mission-driven scrutiny to their investments, it's plausible that these foundations might be doing more harm than good."

Whether as a source of investment or philanthropy, private wealth is critical in shaping the opportunities that are presented by technological change. Private wealth will lead the funding needed to create diverse and sustainable societies. To mobilize global private wealth properly we must first understand where that wealth is and how it is created. Explore the insights in the latest edition of the Global Wealth Report: https://lnkd.in/eEW5YsiB