A study of 65 of the country's largest philanthropic foundations has found that just 5% invest their assets in something called impact investing, the Wall Street Journal reports.
That's worth an estimated $1.1 trillion, according to a press release.
"There is massive potential here just given the scale of capital," says one of the study's authors.
"If there's any pool of capital that is best suited for impact investing, it would be this pool of capital along with family office money."
The study, conducted by Capricorn Investment Group and Bridgespan Social Impact, also found that 92% of the foundations surveyed are active members of impact investing groups, such as the Global Impact Investing Network and Mission Investors Exchange.
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Caroline Diehl is a serial social entrepreneur in the impact media space. She is Executive Chair and Founder of the UK’s only charitable and co-operatively owned national broadcast television channel Together TV, the leading broadcaster for social change runs a national TV channel in the UK and digital platform which helps people find inspiration to do good in their lives and communities.