This week Cogent Consulting has been featured in several articles for the fixed income bond fund that Susan Hammel and Eric White created for Minnesota Council on Foundations. Check out these articles from Chief Investment Officer, Mission Investors Exchange, and Philanthropy News Digest to learn more about the bond fund.
By Chief Investment Officer
Minnesota foundations are joining forces and putting investment dollars to work to help their neighbors. The Minnesota Council on Foundations (MCF), which includes members such as the McKnight Foundation, Bush Foundation and Otto Bremer Trust, has announced a collaborative effort toward impact investing targeting affordable housing and small business lending throughout Minnesota.
By Mission Investors Exchange
The Minnesota Council on Foundations (MCF) announced a first-of-its-kind impact investing collaborative in the US. MIE members The McKnight, Bush Foundations and the Otto Bremer Trust are among the lead anchor investors.
By Philanthropy News Digest
The Minnesota Council on Foundations, in partnership with three Minnesota foundations, has announced the launch of a statewide impact investing collaborative.
Inspired by a similar initiative established by the Michigan Council on Foundations, the three MCF member foundations — the McKnight and Bush foundations and the Otto Bremer Trust — have agreed to commit more than $17.1 million to an impact investing fund. The pooled funds will be invested in RBC Global Asset Management’s Access Capital Community Investment Fund, a fixed income bond fund focused on affordable housing and small business lending in Minnesota.
By The NonProfit Times
A group of Minnesota foundations are the latest to announce a commitment to impact investing with their charitable assets.
Led by the Minnesota Council on Foundation (MCF), a consortium of at least a dozen foundations has committed more than $17 million to a fixed income bond fund focused on affordable housing and small lending in the Great Lake State.
The latest science says we are living through an “endemic” not a pandemic, anymore (take a listen to Science Friday’s 9/17 podcast). Rather than finding this news thoroughly depressing, I’m doing my best to embrace it. I’ve never thought there would be some kind of magic getting “back” to normal: only “Build Forward Better” as we said in our June, 2021 impact investing conference. So, let’s share what we’ve learned over the last 18 months. I’ve learned that people really do want to take action and explore new ways of addressing society’s ills such as climate change and racial injustice. What did you learn? I’d love to hear. Tweet me @susan_hammel or email or leave a comment below.