Impact Investing and the Arts: How Museums and Cultural Institutions Invest With Their Values

Museums, libraries and other cultural institutions in the United States control aggregate endowments of more than $58 billion, but until now have lagged behind foundations and universities in impact investing. The cultural sector has been deeply affected by the United States’ reckoning with systemic racism, injustice and violence. In response, there is growing interest among the leaders of cultural institutions to use their investments — in addition to their exhibitions, concerts, productions, and classes — to represent their values with a deep focus on diversity, equity, inclusion and accessibility. In this pre-recorded Virtual Learning Opportunity, speakers share their experience at the intersection of impact investing and the creative economy, with a focus on diverse manager strategy and providing access to capital to BIPOC entrepreneurs.

 

Click here to read Upstart Co-Lab and Rockefeller Philanthropy Advisor's recently published report — The Guide: what cultural institutions need to know about investing for values and mission — which provides a roadmap for cultural institutions to align their money with their values and mission without sacrificing financial returns.

 

If you have any questions, or challenges viewing the recording, please contact Karla Moreno, [email protected].