April 05, 2017
This article provides coverage of Ford Foundation’s announcement to invest $1 Billion of their endowment into mission related investments over the next ten years. “The pledge, a chunk of its $12 billion endowment, is one of the largest-ever commitments by a private foundation to impact investing, a strategy that seeks to achieve both environmental and social good alongside financial gains.” The piece also demonstrates how other foundations such as Heron Foundation are investing their endowment in line with their mission, and highlights how the Ford announcement could signal a ripple effect among other foundations as well.