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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.” …

Is Starbucks “Create Jobs for USA” about microloans… or marketing?

old jg Philanthropy 1 Comment

I admit it: my family probably spends more money at Starbucks than at the grocery store. So, I was grateful to hear the news that our daily addiction might actually¬†fund something useful in the world: Starbucks and Opportunity Finance Network¬ģ (OFN) are working together to create and sustain jobs in underserved communities… The Starbucks Foundation is donating the first $5 …