Philanthropy has changed dramatically over the past fifteen to twenty years. What is fundamentally different, is that donors and innovators are now taking best practices from the private sector and applying them to the social sector. They are applying a level of business rigor to the social sector that was previously unprecedented. This application has led […]
This morning, I went to a panel presentation on impact investing, and it was actually the fourth such panel put on by the financial services community I have been to over the last few months. Given the obvious popularity of the topic, it is clear there is interest and a yearning from financial service providers […]
Impact Investing, Worth the Hype?
Impact Investing generates a lot of excitement within many sectors. Everyone from financial advisers and investors to community foundations, to philanthropists seem to me talking about it. JP Morgan estimates the potential of impact investing to be $400 billion to $1 trillion of the next ten years. That represents a lot […]