Judith Rodin, the president of the Rockefeller Foundation, and Margot Brandenburg, fellow at the Nathan Cummings Foundation, co-authors of The Power of Impact Investing: Putting Markets to Work for Profit and Global Good, have written how foundations are willing to engage with impact investing.
The authors rattled off a number of options for foundations seeking to incorporate impact investing in their organizational values. The authors agree that foundations will be key to moving impact investing into the mainstream, both as actors and as advocates.
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Teach for America is a social venture that hires graduating seniors from some of the most selective colleges and offers them with five-week training courses before unleashing them for a minimum of two years in some of the country’s worst classrooms.