Ahead of her participation on a panel at the Family Firm Institute Global Conference, founding executive director Kat Rosqueta writes in the latest edition of the FFI Practitioner.
Aligning financial investments with values and social impact goals is not new. For more than 30 years, CDFI’s have operated as private financial institutions dedicated to addressing the needs of low-income and other disadvantaged communities. And one of the founding fathers of the United States, Benjamin Franklin, apparently “…left 2,000 pounds sterling in the form of a revolving loan fund for young artisans.” making him not only a scientist, politician, businessman, and philanthropist, but also one of the nation’s first impact investors.
What is relatively new is the growing number of tools, resources, and education opportunities available to families seeking to align their financial investments with their values.