Expanding Opportunity in the Capital Markets Through Racial Equity
This article is part of a 10-week series on racial equity and impact investing co-presented by Mission Investors Exchange and Stanford Social Innovation Review. The series titled, 'How Foundations Are Using Impact Investing to Advance Racial Equity,' features 10 foundations who have made committments and deployed strategies to address issues of racial equity through their impact investing practices.
Click here for the more information on the series, including a list of contributors.
W.K. Kellogg President and CEO La June Montgomery Tabron asserts in this article that grantmaking alone is not enough for foundations to close the racial equity gap in the U.S., underscoring the imperative to employ impact investing as a tool. She writes about W.K. Kellogg Foundation's efforts to reshape capital markets in pursuit of racial equity, and offers specifics about how Kellogg has invested in MRIs and PRIs and has worked to diversify the profile of its investment managers. Tabron concludes her essay by offering guidance for how others might do the same.
See below for a link to the full article