Beth Hunter

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  • Innovation in financialmarkets – new ways to invest ex. fundswith patient capital Impact investing – about the intentionality. Also, whatis new isthatFdns are becominginvolved.
  • Examples of intermediaries are investment funds, like Investeco.
  • This is global ***
  • Everett 2011Purely commercial vs charities (social enterprise in the middle)Popular (highsupply) space = clean tech, real estate
  • -clearway to measure, assess as part of return, esp if lower return-Financial innovation: people have a range ofconventionalinvestmentproducts (mutualfunds, on-line, banks…), not so impact investment-regulations: charities vs businesses; Foundations: PRIscannot count as charitable expenseagainstdisbursement quota if theyfail – it’s a loss (Canada vs. US) – sorisk-adverse & smfdnsunwilling.à-liquidity: rapid exit needed to unlock capital (pension fundsetc)
  • Beth Hunter

    1. 1. THE J.W. MCCONNELL FAMILY FOUNDATIONBeth HunterSr. Program OfficerSocial finance, impact investing andfoundations
    2. 2. From ‘Social Return on Investment’ and‘Responsible Investment’• Negative screening proactive triple bottom line• Environmental, Social, Governance (ESG) standards• Innovation in financial marketsTo Impact Investing• Investments that create positive social, environmentaland economic impact, while generating financial returnFoundations• Program related investments (PRI) & Mission relatedinvestments (MRI)Social Finance: a range of financial instruments seeking to achieve socialand environmental as well as financial returns
    3. 3. FoundationsFoundations
    4. 4. Value of reported impact investments
    5. 5. Current state of the market - supplySource: Everett and xx, 2011
    6. 6. Current state of the market - demand
    7. 7. • Impact measurement andmetrics• Intermediaries• Financial innovation & financialproducts• Regulation• Sector reputation• Liquidity & exit strategiesCurrent BarriersMarket Development Barriers
    8. 8. 1. Building the Marketplace 3. Sector Capacity Building2. Impact InvestmentsMRI/PRIo Target of 10%o IntermediariesSocial InnovationFundSocial Finance at McConnell
    9. 9. Social Finance as a tool3.5% 2.1%94.25%How is ourFoundationCapital allocated?
    10. 10. Social Finance at the FoundationImpact Investments:

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