(Reports, articles and highlights on impact investing. Accompanying links for The Round Up may be found online in the e-version of IMPACT at www.globalpartnerships.org/ newsletter)
Impact Investing is #1 “MostPromising” Trend in Philanthropy Impact investing was chosen as the #1 “most-promising” trend in philanthropy, according to the 2015 BNP Paribas Individual Philanthropy Index. The Index includes data from a survey, conducted by Forbes Insights, of approximately 400 individuals, each with at least $5MM in investable assets, from Europe, Asia, the Middle East and the U.S.
Adaptive Philanthropy Creates More Impact More social impact can be achieved through adaptive philanthropy, according to an article in the Spring issue of The Stanford Social Innovation Review. Adaptive philanthropy requires a “compelling goal and solid research” in addition to a willingness to experiment with different approaches. Experimentation is risky and can lead to failure, but it can also lead to discovery of innovative approaches to solving complex social problems. Once viable approaches are found, they can be scaled up to serve more people in need.
Metrics Matter “We should not confuse intent with impact,” says Jed Emerson, a pioneer in the impact investing space. Emerson emphasizes that metrics matter and that impact investors need to track them. He argues that continuing debate over whether metrics matter or not impedes the sector’s ability to make progress.
IMPA CT IN A CTION
THE ROUN D UP
Seeing Impact in Guatemala by Nancy Garcia, Global Partnerships donor, investor and Impact Journey traveler My husband Fred and I are two of the lucky ones who had the opportunity to retire early and reinvent the rest of our lives. Upon leaving the public and nonprofit sectors in 2013, we were committed to finding ways to share some of our good fortune with people who live in constant poverty. My dad, a college professor and world traveler, taught me early-on about the power of micro-lending to change the lives of people struggling with poverty, specifically women and children. A t-shirt he gave me says, “Women Hold up Half the Sky.” Fred’s parents taught him the value of compassion for others. So it was a perfect fit when our friends Sharon and Randy Scott introduced us to Global Partnerships. After doing significant research we enthusiastically became GP donors and then investors. GP goes beyond microfinance. They use our donations to fund research into sustainable ways to deliver essential goods and services that make a difference in people’s daily lives. A key to GP’s success is the use of in-country partners who understand the complexities of the local culture in delivering these services. GP excels in preserving the dignity of people who work extremely hard to help their families acquire the prerequisites to a better life. These include: knowledge about nutrition, access to healthcare, financial education, and the pride that comes with the success of their own small business. On a recent Impact Journey to Guatemala, Fred and I loved traveling with brilliant and caring fellow GP donors. Our dinnertime conversations were fascinating, fun and inspiring! Exploring during the day, we stood on dirt floors in small village homes getting a sense of how microloans June 21 - 29, 2015 paired with financial and health education really Call Peter Solar work. We saw the faces of women in groups 206.456.7834 proudly paying back their loans, and getting new ones. Most important for me were the sweet faces of the little girls watching their moms “hold up their half of the sky.”
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Global Partnerships' IMPACT Newsletter | Spring 2015 Issue