Impact Investing and Family Philanthropy: a One-Two Punch

Posted on July 12, 2012 by Julia Balandina Jaquier

Interest in impact investing among wealth holders, their foundations, and family offices continues to grow. As a means for providing capital to for-profit ventures with a social mission, impact investing is increasingly viewed as an effective solution for combining the philanthropic aspirations of wealthy families with their financial objectives… Read More

Great Grants: Cook Family Foundation

Posted on June 25, 2012

Tom Cook of the Cook Family Foundation shares his great grant story that sparked the foundation’s strong commitment to early childhood programs. Thanks to the Council of Michigan Foundations for sharing this video from their “Great Grants” member profile series.  … Read More

Spending Policy (The Wallace Foundation, 2012)

Posted on January 13, 2012 by The Wallace Foundation

The Foundation’s policy is to target spending on grants and qualifying distributions at an average 5.0% of assets over long periods of time. The Foundation’s Board may elect to exceed that spending rate for a limited period of time if: There is a compelling opportunity in a programmatic area that cannot be met by reallocating funds from other areas without… Read More