Taking Our Rightful Seat at the Institutional Investor Table
In this next installment of the SSIR series presented by Mission Investors Exchange, we hear from Kate Wolford, President of The McKnight Foundation. It addresses something we don’t often consider in mission investing: foundations as institutional investors. Wolford says that foundations are missing key impact networks, opportunities, and strategies because they don’t see themselves as such. But, she says, working with other investors allows us to amplify our voice because we are “market actors” seeking change. What’s more, Wolford points out that the barriers to acting as an institutional investor are pretty low and, based on The McKnight Foundation’s own experience, she offers some effective tools for the mission investor’s tool belt. Her piece is a call to action for foundations to recognize the power in their collective voice and influence as institutional investors.