Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
1061588 | Policy and Society | 2010 | 12 Pages |
This article explores the growing field of mission investing among foundations in the United States, understood as a relatively new tool in the philanthropic toolbox. We define the field of mission investing and explore how a foundation's endowment assets can be leveraged to meet mission goals across social and environmental issues facing society. We also place mission investing in the broader context of socially responsible and responsible investments. We then treat foundation specific concerns in implementing mission investing, and in measuring its value. Finally, we conclude with a brief analysis of the role mission investing may play in current discussions over philanthro-capitalism, recent calls for a more “business-like” philanthropy, and related trends.