Impact Investments

Activating 100% of our balance sheet

Overview

We activate 100% of our balance sheet to mission-aligned opportunities across multiple asset classes with a gender lens investment thesis that seeks to deliver impact alpha, or market-beating financial returns because of, not in spite of, our impact investment thesis.

 

According to the OECD (2010), women and girls earning money reinvest an average of 90% into their families and communities, while men on average invest 30-40%. Another study by McKinsey (2015) found that if the labor force participation rate of women increased to match that of men by 2025, global GDP would increase by 26% or $28 trillion. We believe that elevating the role of women across all sectors is essential to building stronger economies and improving the quality of life for women, men, families and communities.

Our private portfolio invests debt and equity with managers of funds, fund-of-funds and in early-stage social ventures. Our public portfolio invests in debt and equity managers with robust, integrated diligence processes that analyze financial, environmental, social and governance factors in publicly traded companies. In addition to parking our cash and equivalents with impactful institutions, we put our good financial standing to work as a loan guarantor to emerging market SMEs and microfinance institutions.

 

The following organizations have given us the opportunity to align our investments with our values.

Our Impact Investments

Color Key:

Public Debt

MISSION: Maximize risk adjusted returns through a portfolio of sustainable fixed income securities.
INVESTMENT: Breckinridge Sustainable Taxable Bond Strategy Gender Lens Mandate

MISSION: Invest in high credit quality fixed income securities whose proceeds are designed to positively impact communities throughout the United States.
INVESTMENT: Community Reinvestment Act Qualified Investment Institutional Shares (MUTF: CRANX)

Private Debt

MISSION: Create market-driven employment opportunities to improve and empower the lives of rural and poor people across Africa.
INVESTMENT: All Across Africa Note Purchase Agreement

MISSION: Alleviate poverty through lasting solutions that help people build assets, create jobs and raise their standard of living.
INVESTMENT: FINCA Microfinance Fund

MISSION: Find and fix up foreclosed homes so local families can buy them at a fair price and keep them for good.
INVESTMENT: Good Deeds Home Ownership Certificate of Deposit

MISSION: Increase the flow of capital into investments that deliver financial, social and environmental returns.
INVESTMENT: ImpactAssets Global Sustainable Agriculture Note, ImpactAssets Microfinance Plus Note

MISSION: Increase the flow of capital into investments that deliver financial, social and environmental returns.
INVESTMENT: ImpactAssets Bridge Loan

MISSION: Fight poverty in Central America by supporting microfinance activities.
INVESTMENT: Katalysis Bootstrap Fund Senior Note Purchase Agreement, Katalysis Bootstrap Fund Subordinated Note Purchase Agreement

MISSION: Finance university students through incomes share agreements so they can finish their studies.
INVESTMENT: Lumni Convertible Note

MISSION: Develop a new generation of leaders for South Africa.
INVESTMENT: Maharishi Institute Note Purchase Agreement

MISSION: Create sustainable solutions to poverty by facilitating the flow of international private capital to low-income financial institutions.
INVESTMENT: MicroVest Short Duration Fund

MISSION: Create sustainable solutions to poverty by facilitating the flow of international private capital to low-income financial institutions.
INVESTMENT: MicroVest Fund I Senior Note Purchase Agreement

MISSION: Connect innovators to the resources they need to accelerate positive impact in the world.
INVESTMENT: MissionHub Convertible Note

MISSION: Empower and provide equal access to opportunity for marginalized artisans.
INVESTMENT: Soko Note Purchase Agreement

MISSION: Power experiential education programs that catalyze social innovation and entrepreneurship.
INVESTMENT: ThinkImpact Convertible Note

MISSION: Move India’s solid waste sector to models that are environmentally and financially sustainable.
INVESTMENT: Waste Ventures India Convertible Note

Public Equity

MISSION: Create tax efficient index portfolios and socially screened portfolios that deliver performance comparable to their benchmarks.
INVESTMENT: Progressive Track International ADR, Progressive Track Large Cap Growth, Progressive Track Large Cap Value

MISSION: Competitive investment returns from thoughtfully constructed portfolios of companies that can contribute to and benefit from sustainable global growth.
INVESTMENT: Boston Common Asset Management International ADR Portfolio

MISSION: Incorporate faith and values with decisions about money.
INVESTMENT: Everence Capital Management Growth Index, Everence Capital Management Value Index

MISSION: Capitalize on the economic and technological transition to sustainability.
INVESTMENT: Green Alpha Advisors Next Economy Index

MISSION: Invest in companies with good day-to-day social practices promoting high impact solutions associated with water and energy usage.
INVESTMENT: High Impact Investments Growth & Income

MISSION: Invest in companies that fit with your social conscience and deliver superior total returns at an acceptable level of volatility.
INVESTMENT: Jantz Management Large Cap SRI 50

MISSION: Combine rigorous ESG analysis with rigorous financial analysis to construct and manage investment portfolios.
INVESTMENT: PAX World Management SRI Multi-Cap Growth

MISSION: Use ownership in public companies as a powerful vehicle to create positive economic, social and environmental change.
INVESTMENT: Progressive Track International ADR, Progressive Track Large Cap Growth, Progressive Track Large Cap Value

MISSION: Integrate ESG factors into the investment process to identify the companies best positioned to deliver strong long-term performance.
INVESTMENT: Trillium Asset Management All Cap Core Equity

Private Equity

MISSION: An independent and specialized impact advisor to families, foundations and their financial advisors.

MISSION: Provide every child with the chance to have a high-quality primary education regardless of their family’s income.
INVESTMENT: Bridge International Academies Series A Preferred

MISSION: Accelerate the flow of capital to enterprises that create innovative, market-based solutions to inequality and poverty.
INVESTMENT: Social Enterprise Expansion Fund I

MISSION: Finance university students through incomes share agreements so they can finish their studies.
INVESTMENT: Lumni Series B Preferred

MISSION: Forge partnerships with artisans that promote self-sufficiency and entrepreneurship in developing economies.
INVESTMENT: Maiyet Series A Preferred

MISSION: Create sustainable solutions to poverty by facilitating the flow of international private capital to low-income financial institutions.
INVESTMENT: MicroVest Fund II, MicroVest Holdings

MISSION: Invest growth capital in emerging market private equity funds and companies that benefit local communities and the environment.
INVESTMENT: Sarona Frontier Markets Fund I, Sarona Frontier Markets Fund II

MISSION: Empower and provide equal access to opportunity for marginalized artisans.
INVESTMENT: Soko Series AA Preferred, Soko Series AA-2 Preferred

MISSION: Power experiential education programs that catalyze social innovation and entrepreneurship.
INVESTMENT: ThinkImpact Seed Preferred

MISSION: Provide software and services to prepare employees for the future.
INVESTMENT: Unleesh Series A

MISSION: Influence institutions to ensure that women are part of their growth strategy and future profitability.
INVESTMENT: Women’s World Banking Capital Partners

Hybrid Funds

MISSION: Make socially positive investments in order to promote sustainable economic and social development on a global scale.
INVESTMENT: Developing World Markets Microfinance Fund

MISSION: Grow viable businesses that generate sustainable earnings or savings for people with low incomes in Africa, Asia, and Latin America.
INVESTMENT: Grassroots Business Investors Fund I

MISSION: Create sustainable solutions to poverty by facilitating the flow of international private capital to low-income financial institutions.
INVESTMENT: MicroVest+ Plus Fund

Cash

MISSION: Build prosperity in its communities through beneficial banking services delivered in an economically and environmentally sustainable manner.
INVESTMENT: Checking Account

Guarantees

MISSION: Build prosperity in our communities through beneficial banking services delivered in an economically and environmentally sustainable manner.
INVESTMENT: Beneficial State Bank Guarantee Agreement

MISSION: Mobilize capital to generate economic opportunities for people in the developing world.
INVESTMENT: MCE Social Capital Philanthropic Guarantee Agreement

Advisor

MISSION: Offer individual and institutional investors asset management and consulting services that align investment decision-making with personal values and/or institutional missions.
INVESTMENT: Public Equity Advisory

MISSION: Incorporate investing in companies, organizations and funds with the intention of creating not only profit but also environmental and social impact.
INVESTMENT: Public Debt Advisory