“Ford Foundation Commits $1 Billion to Impact Investing” – Chief Investment Officer – April 6, 2017

On April 6, 2017 Chief Investment Officer reported that the Ford Foundation has committed $1billion – nearly 10% of its assets – to mission related investments (MRIs) during the next ten years.

According to the article, “(t)he foundation plans to gradually deploy funds from its existing investment portfolio to impact funds that generate both a financial and social return. The foundation promotes social causes including strengthening democratic values, reducing poverty and injustice, promoting international cooperation, and advancing human achievement. Affordable housing and access to financial services within emerging markets will serve as the foundation’s initial key areas of focus.”

You may read the article on the Chief Investment Officer internet site.