Wednesday, June 4, 2014
Impact Investing: Not Just For Billionaires
Foundations just make grants, correct? Not necessarily. Grants are becoming one option in a more complex menu of financial tools for the social sector.
Judith Rodin, president of Rockefeller Foundation, is taking risks with philanthropic capital, risks she says have the potential for bigger impact long term. These experiments come in different avatars: social impact bonds, impact investments, and crowdfunding – to name a few...