The California Endowment: Building Trust & Equity

The California Endowment's report, "Building Trust & Equity", reflects on over a decade of impact investing through program-related investments (PRIs) aimed at advancing health and racial equity across California. It outlines a framework grounded in four principles: advancing racial equity, practicing trust-based impact investing, centering community priorities, and strengthening ecosystems. The report also shares key learnings, such as redefining risk and embedding equity into investment decisions, while highlighting efforts to support BIPOC-led organizations and expand access to capital in underinvested communities.