Friday, March 21, 2014

Local Investment Makes Sense

Here’s a thought-provoking read from Don Schaffer, president and CEO of RSF Social Finance. Don mentions Incourage in an important blog post that highlights the need for community foundations to pursue impact investment strategies. All community organizations have the opportunity to reinvent themselves, but there is a “big gap between the desire many have to pursue impact investing and the knowledge they need to actually do it.”

I couldn’t agree more. Impact investing demands a change in an organization’s culture and mindset — something we’re pursuing at Incourage — but it’s not without challenges.

Don suggests organizations create fertile ground for impact investing by reevaluating investment opportunities, restructuring the organization and by working with their boards to change internal culture.

Read Don Schaffer’s full blog post.

Thanks for reading.