Category:Perspective
Impact Investing Goal: Invest our endowment in ways that advance financial, program, and learning returns. We act as an owner of assets, a consumer of financial products, a shareholder, and a market participant to advance sustainability and select program goals.
McKnight’s Strategic Framework calls us to optimize the Foundation’s resources to build and strengthen socially, economically, and environmentally sustainable communities.
Impact investing is a powerful tool to work toward this goal.
Most foundations are required by law to distribute 5 percent of the value of investment assets each year to charitable and administrative purposes. Impact investing is an opportunity to leverage the other 95 percent beyond grant dollars to advance solutions like the need for more clean energy and decent housing. With this 21st-century investing approach, we amplify our philanthropic impact and steward our endowment.
Impact Investing
at a Glance
24
Investments
21
Investees
$589M
Total Invested
News & Ideas
Impact Investing News, Ideas, and Resources
“We have enormous power to create change when we invest. As money flows toward climate-friendly investments and away from heavy emitters, we will accelerate the transition to a low-carbon economy.”
-ELIZABETH MCGEVERAN, DIRECTOR OF INVESTMENTS
source: McKnight Net Zero Update
Program Staff
Elizabeth McGeveran
Vice President of Investments
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