Impact Investing: Getting Financial Returns While Building A Better World
Imagine trillions of private sector dollars pouring into healthcare, affordable housing, education, agriculture, distributed utilities, and restructured social spending in emerging markets and here in the U.S. No, not in the form of charity; rather, in the form of "impact investing." This is already beginning to happen, according to Antony Bugg-Levine, the newly named President and CEO of the Nonprofit Finance Fund (NFF).
“Impact investing is any investment that intends to produce a social and environmental good while receiving a positive financial return,” Bugg-Levine says. Impact investment funds are springing from family offices, banks, institutional investors, financial services firms, and others, and Bugg-Levine says it’s just beginning.
For continuation, see Fast Company here...
Korngold Consulting LLC assists corporations in building fully integrated, high-impact CSR strategies, including leadership development through nonprofit board service. Korngold Consulting trains and places business executives on nonprofit boards, and consults to nonprofit boards and leaders to strengthen governance for financial and strategic success.
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