Imagine the possibilities if more private investment money, working alongside philanthropy, could be directed at social challenges. Businesses have a very noble role as they create jobs and build the economic engine that strengthens communities and nations, but innovation and the entrepreneurial spirit has not been fully unleashed to help us find exciting new pathways for tackling the big social challenges of our day. Impact investing is at a tipping point. We see the corporate sector recognizing the value of leveraging their core products and services to benefit society. We are also seeing financial institutions like Goldman Sachs, JP Morgan, Credit Suisse and Morgan Stanley get into the game through the creation of impact investing funds. Private foundations are also increasingly turning toward impact investing.
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