The David and Lucile Packard Foundation (Packard Foundation) makes grants and program-related investments according to the foundation’s mission, which includes conserving and restoring the earth’s natural systems. Ecotrust Forests LLC is an equity fund that manages forestlands for financial, ecological, and social returns. The Packard Foundation’s investment of USD 1 million will be used to naturally manage nearly 13,000 acres of forest land, generating financial returns for investors from timber sales, ecological services, and tax credits.
About the Global Impact Investing Network
The Global Impact Investing Network is a nonprofit organization dedicated to increasing the scale and effectiveness of impact investing around the world. Impact investments are investments made with the intention to generate positive, measurable social and environmental impact alongside a financial return.