Two brief stories today – summer is clearly upon us as that remarkable meteorological oxymoron, a heatwave in Poland continues apace. Happy reading…and if you missed anything recently, don’t forget to drop into our new web site with all the SIB News bulletins archived:
Charitable Giving On The Rise – Are You Ready?
Howard Shiffman, M.A. – OpenMinds
A couple of weeks ago, an OPEN MINDS Circle executive briefing by my colleague Monica E. Oss caught my attention – Have Social Impact Bonds Had An Impact? The importance of maintaining diversified funding streams cannot be overstated for organizations working in the health and human services space right now. And that article on social impact bonds got me thinking about another “alternative” funding source – charitable giving.
The Rapid Rise Of Impact Investing
Aunnie Patton – BDlive
Investing in companies that create social, environmental and economic value is a trend that has been increasing worldwide. This type of triple-bottom-line investing is commonly called impact investing and last year, financial services giant JPMorgan estimated that the market was worth $60bn worldwide — and growing.
JPMorgan, Monitor Deloitte and the Calvert Foundation predict that the market will increase to between $400bn and $1-trillion worldwide in the next five years; and with 22% of global-impact enterprises located in Sub-Saharan Africa, much of the opportunity lies on this continent.