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Full-Text Articles in Social and Behavioral Sciences
Donor-Advised Funds And Impact Investing: A Practitioner’S View – With 2024 Prologue, Sam Marks
Donor-Advised Funds And Impact Investing: A Practitioner’S View – With 2024 Prologue, Sam Marks
The Foundation Review
Editor’s Note: This article, first published in print and online in 2022, has been republished by The Foundation Review with minor updates. Any discussion of foundations embracing impact investing must include some discussion of one of the largest — and growing — sources of philanthropic capital: donor-advised funds. These philanthropic accounts allow donors of all sizes to access many of the functions of a private foundation, including the potential to invest for impact. Sponsors of these funds, however, face unique challenges in catalyzing impact investments.
Like the larger institutional foundations that have led the way as mission investors, sponsors must …