Ford Foundation"s Darren Walker Participates in Discussion on the Influence of Impact Investing on Philanthropy
Impact investing can lead to new strategies for entrepreneurs and mission-driven businesses. That means room for new people to receive investment.
For the leaders of large foundations, the rise of impact investing is providing a reason to look inward as much as it is to consider the landscape of potential recipients of their money.
“We are in a historic moment in this country and in philanthropy, and if we believe that our old behaviors and old ways of doing things will continue to make us relevant and important, then we are kidding ourselves,” said Ford Foundation President Darren Walker. “We must interrogate our own behaviors, our own practices and internal policies...”