What's New in Mission Investing?
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What is Mission Investing?
The illustration is a rendering of The F. B. Heron Foundation's Mission-Related Investment Continuum.
Mission investments are made by foundations and other mission-based organizations to further their philanthropic goals. Mission investments (like impact investments) include any type of investment that is intended and designed to generate both a measurable social or environmental benefit and a financial return. Mission investments include:
- Mission-related investments (MRIs) that are expected to generate a market-rate financial return on investment comparable to an ordinary investment of a similar type and risk profile. They are designed to have a positive impact while contributing to the foundation’s long-term financial stability and growth.
- Program-related investments (PRIs) or other concessionary (below-market rate) investments that are primarily made to achieve programmatic rather than financial objectives.
*Impact investments are investments made by any type of investor with the intention of generating both a measureable social or environment benefit along with a financial return. Impact investors include, but are not limited to individuals, foundations, institutions and funds. Impact investing is sometimes used to describe any investment that considers environmental, social and governance (ESG) factors, as well as shareholder advocacy and/or screening.
Learn more here.
"Philanthropy is... Entrepreneurial"
Join us at Philanthropy Northwest's Local Matters meeting
May 27 in Boise, Idaho
- Creative uses of capital involving multiple investors and funds
- Place-based funding, mission investments and PRIs
- Loans, deposits, equity and guarantees
- Leveraging layered capital — a combination of grant and expansion debt financing
Who Should Attend?
Angel and impact investors • Foundations, family offices and donor-advised fundholders • Corporate contribution managers • Community development organizations • Financial institutions • Government agencies • Investment advisers • Social entrepreneurs
Also in 2015...
- Mission Investing Institute in Chicago
- A mission investing guide for small-staffed foundations
- Mission Investing Institute in Atlanta
Published by Mission Investors Exchange
Through voices from the field and an overview of the work, community foundations are invited on a journey through impact investing. Let the Community Foundation Field Guide to Impact Investing: Reflections from the Field and Resources for Moving Forward just be the start of your exploration and activation of new capital tools you find are the right fit for your foundation. The guide's three main sections are (1) Learn, (2) Design and (3) Activate. The guide, published by Mission Investors Exchange and the Council on Foundations, includes 14 case examples from community foundations.
Strategies to Maximize your Philanthropic Capital: A Guide to Program Related Investments is Mission Investors Exchange's first publication. Published in 2012, it's a comprehensive primer to understanding and making program-related investments. This 44-page primer was commissioned by Mission Investors Exchange, authored by Linklaters LLP and underwritten by The Thomson Reuters Foundation.
Explore all Mission Investors Exchange-published resources.
- Mission Investing Mondays is out! http://t.co/tPqGJUbZDU Stories via #impinv @sradjy @theground_up @ThriveCalgary — May 25, 2015
- Former @gatesfoundation CFO brings #impinv skills to Ivy League: http://t.co/huMDygnoo9 @WhartonSocial @ImpactSP2 http://t.co/5VzZNmteKK — May 22, 2015
- 8 news stories about mission investing in our military veterans: http://t.co/jeV6mjhRWy #MemorialDay #impinv — May 22, 2015
- Looking forward to the #impinv conversation in Boise, Idaho next week! http://t.co/2TpHGMmnOM #LocalMatters15 http://t.co/AcJkHINOM9 — May 22, 2015
- Yes! More info: http://t.co/ucWhMGTLqc RT @InvestCanopy Looking forward to "Philanthropy is...entrepreneurial" in Boise! #impinv — May 21, 2015