Americas Charities | June 30, 2014
$1.5 Billion Impact Investment Commitments Announced at White House Gathering
By Alan Cole
A White House meeting sees major investment pledges from organizations keen to help grow the global impact economy.
The meeting on June 25 involved a commitment from Prudential Financial, the global financial firm announcing a pledge to build a $1 billion impact investment portfolio by 2020…
Prudential made the announcement at the White House during a meeting of the US Advisory Board of the G7’s Social Impact Investing Taskforce, which presented its recommendations on how policymakers can encourage more impact investments…
The pledge promises investments to companies, projects, funds that are creating positive social change and can help individuals and communities achieve economic success…
Lata Reddy, Corporate Social Responsibility VP at Prudential says impact investing enables the company: “to make a deeper and more sustainable commitment in a way that has enduring impact…”
“These investments are part of our broader strategy to eliminate the barriers that prevent individuals and communities from achieving financial and social mobility…”
Get Resources and Insights Straight To Your Inbox
Explore More Articles
Congratulations to Our Members Recognized Among America’s Favorite Charities
Each year, The Chronicle of Philanthropy releases its list of America’s Favorite Charities—the 100 nonprofits that raise the most from individual donors, foundations, and corporate…
Read Article
The Future of Corporate Giving: How Nonprofits Can Prepare
Corporate giving is a valuable part of the nonprofit funding ecosystem. Companies large and small have incorporated philanthropic efforts into their overall business plans, from…
Read Article
Join Us at the Workplace Fundraising & Volunteering Summit!
We’re excited to announce that America’s Charities President, Jim Starr, and Board Member, Fernando Lorence of JP Morgan Chase, will be speaking at the Workplace…
Read ArticleGet Resources and Insights Straight To Your Inbox
Receive our monthly/bi-monthly newsletter filled with information about causes, nonprofit impact, and topics important for corporate social responsibility and employee engagement professionals, including disaster response, workplace giving, matching gifts, employee assistance funds, volunteering, scholarship award program management, grantmaking, and other philanthropic initiatives.
