Profile
The social impact investor is anyone whose primary expectation in providing financial and nonfinancial support to an organization is performance and, when possible, measurable social impact. As quoted by Daniel Schley, Chief Executive of Foundation Source (“ The New Activist Givers&rdquo, Morais, Richard C., Forbes.com), “Traditional philanthropy was defined as waiting until you were really old and very rich and writing a lot of checks &hellip But the real power, drive and momentum in modern philanthropy is coming from people in their 40s and 50s who generated a great deal of wealth at an early age and have decided to leverage that wealth in philanthropy.”
According to the same article, ”The results-focused nature of this philanthropic capital will make it far more important than the charitable giving seen during the last century.” With strong financial and business backgrounds, these investors are focused on return on their philanthropic investment and therefore expect social sector organizations—whether for profit or not-for-profit—to apply best practices and measure outcomes.
Charitable donations from individuals and foundations are growing at unprecedented rates. The potential impact of high net worth individuals will be dramatically enhanced by the enormous growth in wealth as well as by the estimated $41 trillion intergenerational transfer of wealth projected over the next decades.
Addressing Social Impact Investor Needs
Social Impact Investors are increasingly seeking professional guidance from their advisors when making philanthropic investments as they do with their financial investments. Yet advisors are unsure where to direct their clients and lack the tools equivalent to those they have in the private sector, such as equity research reports, to enable them to make sound social investment recommendations. Social Impact Research will provide these professionals with the products and knowledge to best serve their clients and continue to meet their evolving demands as more high net worth individuals move toward performance-based philanthropic giving.
Social Impact Research will focus on five unique categories of advisors:
- Private Wealth Management and Financial Advisory Firms
- Community Foundations
- Family Offices
- Law Firms
- Charitable Services