Thank you National Center for Family Philanthropy (NCFP) for publishing this timely article on humane investing! And a huge shout out to Daniel Gould, CFA, CAIA—MCF's Vice President of Investments and Operations—for your leadership in ensuring our endowment aligns with our vision for a better world, and for sharing these powerful lessons far and wide.
Given today's student demands for university divestment, I am especially excited to uplift this new article by MCF's VP of Investments and Operations, Daniel Gould, CFA, CAIA. Humane investing that doesn’t rely on exploitation, extraction, or death should be the standard. It's a totally reasonable expectation and can even boost the bottomline. We have the receipts. Four years ago, when I joined Marguerite Casey Foundation, I was determined to bring our full endowment into lockstep with our vision for a better world. Only two years into our values-aligned investing, MCF brought our endowment above the $1B mark for the first time in the foundation’s more than 20-year history. There is simply too much on the line to have our investments working at cross-purposes with our values. With the support of our Board, MCF deployed four values-aligned investing tactics. In this new article in National Center for Family Philanthropy (NCFP), Daniel outlines our approach. The takeaway is that the time is NOW for endowment managers to rise to the challenges and opportunities of this moment and change how we, as a sector, manage our capital.