Aligning Endowment Investments with Philanthropic Mission
Monday, May 1, 2017 / 9:30 am - 10:30 am
, Vice President and Chief Investment Officer, Carnegie Corporation of New York
, Chief Investment Officer, Robert Wood Johnson Foundation
, Chief Strategy Officer and President, Global Policy and Advocacy, Bill & Melinda Gates Foundation
There is a long-standing debate of whether a foundation's endowment should reflect the mission of the organization, or the fiduciary responsibility remains to maximize returns. Panelists will discuss:
- Can endowments benefit financially from mission-related investments?
- What the risks are in mixing mission with return? Is this better suited from the program side or the endowment side, or both?
- What is the best process to integrate a foundation's mission with its investment strategy? How can the investment strategy impact grantmaking?
- How the regulatory environment might impact a more mission aligned endowment portfolio?