Foundations align investments with their charitable goals
Los Angeles Times, 12/29/07

Saturday, December 29th, 2007

By: Charles PillerLos Angeles Times Staff Writer

In a sharp break from past practice, major charitable foundations are initiating or strengthening efforts to harmonize the social and environmental effect of their endowment investments with their philanthropic goals.”A head of steam has been created around the issue of ‘mission-related investing,’ ” said Douglas Bauer, senior vice president of Rockefeller Philanthropy Advisors, which consults with foundations. “More and more foundations are wrestling with the issue.”

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