Mission-Related Investing: Legal and Policy Issues to Consider Before Investing

An increasing number of foundations are exploring the utility of Mission-Related Investing. This guidebook, originally published by the MacArthur Foundation, is intended to help provide a legal and governance framework of mission-related investments. The paper describes the legal rules applicable to this practice and then suggests an array of issues that a charitable organization might consider if it chooses to adopt a policy to make mission-related investments.