Do You Know Where Your Cash Sleeps At Night?

ON June 28, 2016

Do You Know Where Your Cash Sleeps At Night

Minnesota Council on Foundations

In my second blog post as Minnesota Council on Foundations’ Executive in Residence, I cover a few easy ways to begin impact investing.

Lately, many family foundation members have asked me about the best way to get started in impact investing.

An easy, no-risk way to start is to park your investable cash (up to $250,000 is federally insured) in a “do good” bank. Be careful though, some banks claim to do good, but they don’t.

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What I'm doing now

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.