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Governments shouldn’t push endowments into responsible investing

The concept of generating positive benefits beyond just financial returns is particularly attractive to grantmaking foundations that steward endowments. But the president of Max Bell Foundation argues that a number of concerns about “responsible investing” make it premature to advocate that government should push charitable endowments in that direction.

Why philanthropy needs a new story

The story of philanthropy is not static; it evolves with every new challenge faced. Recently, the calls for reform have been loud and clear – to unlock the billions locked up in endowments, remove “direction and control,” and shift to more reciprocal relationships.