Oct 30, 2009

A survey undertaken by More for Mission finds that mission investing by foundations continues despite effects of economic downturn, but that few respondents exercise shareowner advocacy.

The survey inverviewed 39 foundations across a range of foundation types, sought to quantify the amount of assets respondents have in mission-related investments, as well as whether the economic downturn has affected the mission investing of foundations. The respondents to the survey reported that 4.7% of their assets were dedicated to mission investing at year-end 2008, and projected that the amount would grow to 6.9% by year-end 2009. Despite the impact of the economic downturn on the total assets of foundations, 25% of respondents stated that they had actually increased their mission-related investments as a result of the downturn, while 60% reported that it had no effect.

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• More for Mission
• MRI