The impact investment story continues! In my last post I shared with you the National Development Council’s efforts to invest half of the Greater Tacoma Community Foundation’s impact investment funds in Pierce County. Now I’d like to introduce you to Craft3, the partner we chose to invest the other half of our initial impact portfolio.
The time has come! I have shared with you my understanding of impact investing, and why it is important for the Greater Tacoma Community Foundation to explore this new investment tool. Now I want to dig into the commitments we have already made. We are proud that they illustrate the diversity of ways we can make our community even stronger. This post will focus on our first investment, with the National Development Council.
You’ve probably already heard that at GTCF we have a big mission: to build a vibrant, compassionate, and engaged Pierce County. To achieve this goal, we look to partner with individuals, families, community leaders, nonprofit organizations, businesses, and anyone else who is interested in joining us. And, just as we are looking for more people to engage, we are also looking for the most effective tools to do our work.
Double bottom line investing. Triple bottom line investing. Socially responsible investing. Mission-related investing. Impact investing. There are more terms than we can list to describe all the opportunities today to invest for good. Impact investing is shaking up both philanthropic and traditional finance circles, having captured the attention of investors of all stripes: private and > Continue Reading