DOI
10.4087/FOUNDATIONREVIEW-D-12-00009.1
Key Points
· A familiar private foundation tool is being used by the Greater Cincinnati Foundation as a way to engage donor advisors to make a positive difference in the community.
· While due diligence and risk management of the financial return for these investments is crucial, the social return to be achieved is the primary consideration.
· Donors can achieve a modest financial return, which is recycled into their donor-advised fund, by investing locally in projects that make a significant difference.
· Initial donor interest in participating in impact investing has been strong and provided valuable insight into program design.
· The cost of an impact-investment program can be viewed as an investment in the community – much like a grant. If the individual investments are made carefully, the net effect should be a greater impact than grants alone can achieve.
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Recommended Citation
Cheney, A. L., Merchant, K. E., & Killins, R. (2012). Impact Investing: A 21st Century Tool to Attract and Retain Donors. The Foundation Review, 4(4). https://doi.org/10.4087/FOUNDATIONREVIEW-D-12-00009.1
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