Wednesday, April 5, 2017
Ford to Dedicate $1B of Endowment to Mission Related Investments
Ford Foundation announces that its Board of Trustees has authorized the allocation of up to $1 billion of its endowment, phased in over ten years, for mission-related investments (MRIs).
For the better part of two decades, the world of philanthropy has been engaged in an important, sometimes contested, conversation about “impact”—both how we measure it and how we deliver it. More recently, this discussion—in the Ford Foundation’s halls and throughout our sector—has focused on how to create impact through the capital market, specifically through impact investing...