12:30 – 3:30pm
330 Madison Ave, 30th floor
Lunch will be served!
This event will be livestreamed (contact firstname.lastname@example.org for login info)
[UPDATE: A video recording of this briefing is now available]
Community Food Funders is partnering with Slow Money NYC and Philanthropy NY to host a meeting on impact investing in the food space. What is impact investing, and how can philanthropic organizations participate? Who is already doing food investing in our region, and what types of entities are seeking these funds? Come hear from experts in the field as well as case studies from two of your colleagues who have recently made their first program related investment in food systems work. Foundation board trustees and treasurers are encouraged to attend.
This meeting will begin with an overview of impact investing and what it looks like to do impact investing related to food, followed by a presentation about “mission investing” and the differences between Mission-Related Investments and Program-Related Investments, as well as how to get this process started in your foundation. We will then hear about the experiences and lessons learned from program staff at Surdna Foundation and Woodcock Foundation, who each recently completed investments in the field of food systems. After an open discussion, we will conclude with potential next steps for people who might be interested to continue this conversation as part of a working group.
- Karen Hiniker Simons, Hudson Varick Resources
- Derek Denckla, Slow Money NYC
- Sarah De Nicola, Confluence Philanthropy
- Stacey Faella, Woodcock Foundation
- Alison Corwin and Tatianna Echevarria, Surdna Foundation
- Shawn McLearen, Placeful
Suggested reading prior to this event:
- Financing A Better Food System. Sarah Brannen and Karen Hiniker Simons (2013)
- Essentials of Impact Investing: A Guide for Small-staffed Foundations. Arabella Advisors, Exponent Philanthropy, and Mission Investors Exchange (September, 2015)
- Community Foundation Field Guide to Impact Investing. Mission Investors Exchange (September, 2013)
Other recommended resources:
- A Short Guide To Impact Investing. Case Foundation (September, 2014)
- Basics and Resources for Mission Investing. Mission Investors Exchange (July, 2012)
- Mission Investing and Foundation Boards Slide Deck. Mission Investors Exchange (September, 2013)
- What is Mission-Related Investing/ Impact Investing. Confluence Philanthropy
- About Mission Investing. Mission Investors Exchange
- Glossary of Impact Investing Terms. Confluence Philanthropy
What Is Mission Investing?
Courtesy of the Mission Investors Exchange website
“Mission investments” are investments made by foundations and other mission-based organizations to further their philanthropic goals. Mission investments cover two distinct categories of investments: Market-rate mission investments, also known as “mission-related investments,” are part of a foundation’s endowment and have a positive social or environmental impact while contributing to the foundation’s long-term financial stability and growth. Below-market mission investments, also known as “program-related investments,” are designed to achieve specific program objectives while they may earn a below-market financial return.