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Symposium urges increase in ‘green’ investments
1 March 2009
Alliance magazine
Despite the market turmoil, there is still over $500 billion in the endowments of US private foundations. In a time of constrained finances, it is important for foundations to leverage resources to achieve what they want to do rather than relying on grantmaking alone. Mission-related investing (MRI) is one way of doing this. This was the focus of a symposium organized by Rockefeller Philanthropy Advisors in New York last November.
