By: Chris Wootton | Philanthropy Australia
Recently, Philanthropy Australia has been working with members at a workshop in Perth (hosted by Lottery West) to grow impact investing. Here are three takeaways when considering impact investment.
Align your investment and granting strategies to produce a social or environmental good.
Focus on investments to not-for-profit organisations that involve either a loan or purchase of property and/or equipment - to produce an income stream which will also make charitable organisations more financially viable.
Start by talking about impact investing possibilities with charitable organisations that you already know via your granting programs.
Impact investing takes time and requires a lot more effort and due diligence than giving a grant. But it has the potential to create a much greater impact. So, make a start!
Aug. 30, 2017
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