News - 25 October 2021
Philanthropy as a new way to mobilise finance for impact
Philanthropic organisations handle the grant giving and the investment of the endowment often in a very independent and diverse way. For the majority of philanthropic organisations asset administration of their endowment and their grantmaking/operational activities are two separate areas of activity with not much interlinkage. However, more philanthropic organisations have started considering that their asset administration should at least, to some extent, be linked to their mission and/or be supporting start-ups/social enterprises/businesses also in the form of “impact investing” etc.