{"id":623,"date":"2017-05-24T14:43:36","date_gmt":"2017-05-24T18:43:36","guid":{"rendered":"http:\/\/blog.uvm.edu\/semba\/?p=623"},"modified":"2017-05-24T14:43:36","modified_gmt":"2017-05-24T18:43:36","slug":"from-the-web-how-foundations-can-use-their-endowments-to-push-for-more-diversity-in-the-investment-world","status":"publish","type":"post","link":"https:\/\/blog.uvm.edu\/si-mba\/2017\/05\/24\/from-the-web-how-foundations-can-use-their-endowments-to-push-for-more-diversity-in-the-investment-world\/","title":{"rendered":"From the Web: How Foundations Can Use Their Endowments To Push For More Diversity In The Investment World"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-624\" src=\"http:\/\/blog.uvm.edu\/semba\/files\/2017\/05\/Screen-Shot-2017-05-24-at-1.35.17-PM.png\" alt=\"\" width=\"1402\" height=\"786\" srcset=\"https:\/\/blog.uvm.edu\/si-mba\/files\/2017\/05\/Screen-Shot-2017-05-24-at-1.35.17-PM.png 1402w, https:\/\/blog.uvm.edu\/si-mba\/files\/2017\/05\/Screen-Shot-2017-05-24-at-1.35.17-PM-300x168.png 300w, https:\/\/blog.uvm.edu\/si-mba\/files\/2017\/05\/Screen-Shot-2017-05-24-at-1.35.17-PM-768x431.png 768w, https:\/\/blog.uvm.edu\/si-mba\/files\/2017\/05\/Screen-Shot-2017-05-24-at-1.35.17-PM-1024x574.png 1024w, https:\/\/blog.uvm.edu\/si-mba\/files\/2017\/05\/Screen-Shot-2017-05-24-at-1.35.17-PM-500x280.png 500w\" sizes=\"auto, (max-width: 767px) 89vw, (max-width: 1000px) 54vw, (max-width: 1071px) 543px, 580px\" \/>The Knight Foundation is going to make sure the people charged with investing its vast endowment aren\u2019t entirely homogeneous. It\u2019s not just a push for diversity\u2019s sake\u2013it\u2019s also a push for better returns.<\/p>\n<p>In order to create the cash flow necessary to continue issuing grants year after year, most foundations reinvest the majority of their endowment in the open market. Historically, however, major funders haven\u2019t thought a lot about how to use that process itself to do more good.<\/p>\n<p>Earlier this year, the Ford Foundation rethought wasted financial impact by committing a large portion of its endowment toward mission-related investments, creating more capital for change. Now the Knight Foundation, which works to build engaged and informed communities, is trying to address a more creeping societal issue: discrimination against who exactly is enabled to make these investments.<\/p>\n<p>According to a Knight Foundation report, women and minority-owned money management firms are getting shut out of the asset management industry\u2013not just by philanthropies, but by public funds, high-net-worth individual and family offices, and especially corporate interests. The group hopes to change that practice across the entire investment landscape by calling more attention to it.<\/p>\n<p><strong><a href=\"https:\/\/www.fastcompany.com\/40419832\/how-women-and-minority-money-managers-are-being-shut-out-of-investing\">Learn more<\/a>\u00a0<\/strong><em>(via Fast Company)<\/em> &gt;&gt;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Knight Foundation is going to make sure the people charged with investing its vast endowment aren\u2019t entirely homogeneous. It\u2019s not just a push for diversity\u2019s sake\u2013it\u2019s also a push for better returns. In order to create the cash flow necessary to continue issuing grants year after year, most foundations reinvest the majority of their &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/blog.uvm.edu\/si-mba\/2017\/05\/24\/from-the-web-how-foundations-can-use-their-endowments-to-push-for-more-diversity-in-the-investment-world\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;From the Web: How Foundations Can Use Their Endowments To Push For More Diversity In The Investment World&#8221;<\/span><\/a><\/p>\n","protected":false},"author":3919,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[427000],"tags":[17503,41478,6901],"class_list":["post-623","post","type-post","status-publish","format-standard","hentry","category-from-the-web","tag-entrepreneurship","tag-innovation","tag-networking"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p8b9n0-a3","_links":{"self":[{"href":"https:\/\/blog.uvm.edu\/si-mba\/wp-json\/wp\/v2\/posts\/623","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.uvm.edu\/si-mba\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.uvm.edu\/si-mba\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.uvm.edu\/si-mba\/wp-json\/wp\/v2\/users\/3919"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.uvm.edu\/si-mba\/wp-json\/wp\/v2\/comments?post=623"}],"version-history":[{"count":1,"href":"https:\/\/blog.uvm.edu\/si-mba\/wp-json\/wp\/v2\/posts\/623\/revisions"}],"predecessor-version":[{"id":625,"href":"https:\/\/blog.uvm.edu\/si-mba\/wp-json\/wp\/v2\/posts\/623\/revisions\/625"}],"wp:attachment":[{"href":"https:\/\/blog.uvm.edu\/si-mba\/wp-json\/wp\/v2\/media?parent=623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.uvm.edu\/si-mba\/wp-json\/wp\/v2\/categories?post=623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.uvm.edu\/si-mba\/wp-json\/wp\/v2\/tags?post=623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}