Impact investing focused on deals aimed at doing some social good, not just making profits, doubled in the last year to an estimated $228 million worldwide, according to the 2018 Global Impact Investor Network (GIIN) Investor Survey.
Jean Case, CEO of the Case Foundation, said on release of the report, "The past decade of growth in the impact investing movement has been impressive. The GINN's announcement that impact assets under management have doubled in the last year to an estimated $228 billion is further proof that impact investing is being embraced broadly."
She added, "We are seeing the number of investors, entrepreneurs, corporations, foundations and nonprofits investing with the intention of generating both financial and social returns increase like never before."
Read the Entire Article
Selected Foundation News
A customized collection of news from foundations from around the Web.
Jennifer Griffith Archives
Colquitt EMC awards Bright Ideas Grants.Six teachers in Valdosta, Lowndes County and charter school teachers were recently awarded.Colquitt is a member-owned electric cooperative that provides
...more Usda Funds Local Food Waste Projects
Department of Agriculture is investing more than $7.5 million in 26 cooperative agreements that support innovative, scalable waste management plans.The Composting and Food Waste Reduction cooperative
...more