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I’m very excited about the just-released special winter issue of Responsive Philanthropy, NCRP’s quarterly journal. It focuses mission investing, a topic that’s been getting more and more attention in philanthropy, with articles that tackles myths, shares examples of foundation engagement, additional resources and more.

Check out these articles:

Improving the Planet and Walking the Talk
In the cover story, Park Foundation staff and trustees write about the organization’s journey in mission investing. They describe the different tools they’ve utilized to ensure that the foundation’s investments align with its mission.

Blending Mission, Values, Fiduciary Duty and Investments
Many skeptics of mission investing cite concerns that this practice violates foundation trustees’ fiduciary duties. Tim Smith, director of environmental, social and governance shareowner engagement at Walden Asset Management, argues that fiduciary duty should motivate instead of deter mission investing.

Pushing the Envelope: Expanding the Limits of Mission Investing
Peter Berliner, managing director of Mission Investors Exchange, and David Wood, director of the Initiative for Responsible Investment at Harvard University’s Hauser Institute for Civil Society, write about what foundations can do to support continued growth and innovation in the practice of MI.

Leveraging Impact with Catalytic First-Loss Capital
In this article, Amit Bouri, managing director, and Abhilash Mudaliar, research manager at Global Impact Investing Network, offers catalytic first-loss capital to foundations that would like to test the waters of mission investing.

Pooled Funds: The Invisible Wall Between Your Foundation and True Mission Alignment
Majority of foundations hold investments in pooled funds, according to Dana Lanza, CEO, and Sarah DeNicola, membership program manager, of Confluence Philanthropy. Unfortunately, these funds prevent foundations from exercising influence and aligning investments with its values.

Member Spotlight: W.K. Kellogg Foundation
NCRP member W.K. Kellogg Foundation discusses its Mission Driven Investments program and offers lessons for other foundations that are seeking to emphasize both social and financial investment returns.

Don’t forget to also visit the glossary of terms and a list of important resources for foundations interested in learning more about mission investing.

Thank to all the authors who contributed articles to this important issue of Responsive Philanthropy.
How critical is mission investing in foundations’ efforts to achieve their missions? We’d love to hear what you think!

Yna C. Moore is communications director of the National Committee for Responsive Philanthropy (NCRP). Follow NCRP on Twitter (@ncrp).
 

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