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Beyond the 5%: Impact Investing and the Future of Foundations

Jeremy Gregg Philanthropy Leave a Comment

Potentially transformative news appeared in The Chronicle of Philanthropy today in the article by Alex Daniels, “IRS Issues Rules Favorable to Foundations on Program-Related Investments.” “The Internal Revenue Service has issued new regulations designed to encourage private foundations to make investments in areas such as education, health, and the environment that can result in societal benefits and simultaneously generate income.” …