Jean Case, CEO of the Case Foundation opened the discussion with a description of why impact investing and social enterprise are opening the door to important new opportunities for philanthropists to experiment and start making real impact. She shared pivotal trends and exciting recent developments in the field, like Happy Family’s big success for investors, which earned up to 30 times their return when Danone purchased the company. Finally, she provided insights into how foundation leadership can start to move from idea to action on impact investing.
Next, Kate Ahern, VP of Social Innovation at the Foundation gave an overview of the ins and outs of impact investing. She explained the range of options available for investors looking to bring their social goals to their financial strategy and vice versa. She also identified some of the unique opportunities for organizations like foundations to engage in the field, for example through Social Impact Bonds and backing supportive policies.
Stacy Donahue, Investment Partner at Omidyar Network and Dan Brillman, Founder and CEO of Unite US shared the perspectives of a social investor and a social entrepreneur. Omidyar Network has, through its LLC, provided Unite US with a Series A equity investment. Together they provided a rare look into the practical interactions between a company and its philanthropic, for-profit investor. Both Donahue and Brillman shared great insights into the values of reaching beyond your bubble for highly impactful collaborations.
At the Case Foundation we believe in the power of philanthropy, nonprofits and government to drive social change, that’s why we’re so excited about the growing momentum in impact investing. Over the course of the last two years we have witnessed a number of game changing moments, which we featured in our recent blog post, A Hot Summer for Impact Investing. From Goldman Sachs Asset Management’s recent acquisition of Imprint Capital, to impact investing champions like Darren Walker and the Ford Foundation taking leadership of the U.S. National Advisory Board on Impact Investing—each of these efforts have been rooted in building a strong ecosystem for the sector.
As part of this commitment to the ecosystem, we have spent countless hours educating and activating greater numbers of impact investors and educating others on this powerful tool for social change. Last year we released A Short Guide to Impact Investing, a quick and easy to read resource for anyone interested in impact investing. This year we’ve embarked on a number of educational events—from our journalists training hosted in conjunction with the ImpactHub and Arabella Advisors, to our webinar, this week, in partnership with Council on Foundations and Mission Investors Exchange.
We hope you will continue the conversation with us as we continue to explore more opportunities to drive social change through social entrepreneurship and impact investing—join us on Twitter using #ImpInv.