Emerging opportunities for mission-connected investment
Margaret Bolton, Sargon Nissan
26 May 2008
Mission Possible considers how foundations might more effectively use a proportion of their endowment in support of the change they set out to create – their mission.
Starting from the premise that paths are made by walking, it explores the potential of ‘mission-connected investment’ or MCI – defined as investment which promises a market return but also helps to achieve mission – a win-win for foundations. MCI has considerable potential – if the 50 largest European foundations (by assets) were to dedicate just five per cent of their endowments to MCI, this would represent an additional €3.6 billion available for social-purpose activity.
NEF research found that, despite the potential, relatively few foundations currently invest in accordance with their mission. One of the major barriers is the lack of awareness amongst foundations and investment managers of appropriate MCI opportunities.
Mission Possible provides an inventory that sketches out some of the opportunities already available. This inventory shows that a range of MCI opportunities exist across a broad range of asset classes and mission areas – making MCI a feasible option for a large number of foundations.
If you back a recovery plan based around great public services, protecting the planet and reducing inequality, please support NEF to build back better.
Boris Johnson wants to extend right to buy to housing associations. But he's ignoring the grave costs of the policy.
19 May 2022
Ayeisha Thomas-Smith is joined by Dr James Muldoon
16 May 2022
A minimum income to ensure you can always afford life’s essentials.
05 May 2022
Poorly targeted policy is failing to prevent an income crisis
Sam Tims, Dominic Caddick