Webinar: Transitioning to Integrating Investment with Mission

Webinar:  Transitioning to Integrating Investment Practices with Program Mission

Date:  10/19 at 1:00-2:00pm EST

Co-hosted by the Intentional Endowments Network (IEN) and the Network for Sustainable Financial Markets (SFM), this webinar will provide an overview of processes used by the Heron Foundation and Hampshire College to develop investment policies and implement management practices that align investments with their respective institutional missions.

Panelists:  

  • Clara Miller, President, Heron Foundation
  • David Dinerman, Trustee, Hampshire College
  • Moderator: Keith Johnson, Chair, Institutional Investor Services Group, Reinhart Boerner Van Deuren s.c.   

In 2012 Heron first declared its quest to deploy 100 percent of its investment capital toward its poverty-fighting mission. Since then, under Clara Miller's leadership, the Foundation has become a leading voice advancing impact investing. In early 2016, Miller published an essay titled "Building a Foundation for the 21st Century," in which she argues the philanthropic sector should make use of all of its resources to actively engage with the capital markets for the public good.

Hampshire College enacted a socially responsible investment policy in the 1970s and was the first college to divest from South Africa during apartheid. In 2011, the trustees of the college updated their approach to endowment investing with a comprehensive policy of considering environmental, social and governance (ESG) criteria in all investments. In recent years they have held a series of thoughtful engagements with students and other stakeholders on a range of issues, including fossil fuel divestment, private prison divestment, and transparency in the investment industry. David Dinerman, who chairs the investment committee has been at the center of this ongoing process. 
 
The panel will be moderated by Keith Johnson, who chairs the Institutional Investor Services Group at Reinhart Boerner Van Deuren s.c.  He represents pension funds, foundations and other institutional investors globally on fiduciary, investment, governance and litigation matters. He is a member of the International Corporate Governance Network's Shareholder Rights Committee, the Sustainable Accounting Standards Board's Education Review Committee and the American College of Investment Counsel.

Related materials to review in preparation for this webinar: