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Full-Text Articles in Business
Leveraging Foundation Balance Sheets For Greater Impact: Piloting A Pooled Guarantee Program, Jane Reisman, Jim Baek, David Newsome, Christine Ryan
Leveraging Foundation Balance Sheets For Greater Impact: Piloting A Pooled Guarantee Program, Jane Reisman, Jim Baek, David Newsome, Christine Ryan
The Foundation Review
A guarantee instrument is a credit enhancement tool that can enable philanthropies to unlock millions or billions of dollars for societal impact. The Community Investment Guarantee Pool, created in 2019 by a collaboration of philanthropies and allied impact investors, or guarantors, is a novel initiative that uses guarantees to leverage the balance sheets of foundations and other institutional investors for enhancing the credit of intermediaries in the affordable housing, small-business, and climate markets. As the guarantees are unfunded, foundations continue to keep their endowment invested in the conventional market.
This article describes the Community Investment Guarantee Pool, details its theory …
Diving Deep On Equity And Power: Exploring Shifts In Philanthropic Practice With The Iceberg Model, Sonia Taddy-Sandino, Kim Ammann Howard, Lori Nascimento
Diving Deep On Equity And Power: Exploring Shifts In Philanthropic Practice With The Iceberg Model, Sonia Taddy-Sandino, Kim Ammann Howard, Lori Nascimento
The Foundation Review
Lessons from the events of this historic time — from a national reckoning with systemic racism to a global pandemic and its economic and social fallout — have deep implications for philanthropy that go beyond grantmaking and include fundamental questions about the sector’s role, power, and influence in advancing equity and social change. Confronting those questions requires a look inward at the practices, policies, structures, mindsets, and cultural norms that govern how foundations operate.
The experience of The California Endowment and The James Irvine Foundation shows what can be learned from this period of crisis and disruption. Through specific examples …