I sat down with Maja Beckstrom of the Pioneer Press to talk about impact investing. Check out our conversation:
Though it’s a new buzzword, impact investing is an old concept.
“If you really trace this movement of aligning investments with your values, you need to go back to the Quakers and the 17th century,” says Susan Hammel, executive in residence for impact investing at the Minnesota Council on Foundations. As abolitionists, most Quakers wouldn’t invest in the slave trade and as pacifists they didn’t invest in war.
“Silence in the face of evil is itself evil: God will not hold us guiltless. Not to speak is to speak. Not to act is to act.”― Dietrich Bonhoeffer
This powerful quote is how Minnesota’s Attorney General Keith Ellison opened his keynote address at the Minnesota Council on Foundations annual conference last month. As Americans, we stand for individual freedom, the right to pursue happiness, and the dignity of each person. These fundamental values are under assault. We need to muster our courage and act. Perhaps it’s reaching out to a friend with disabilities who is worried about funding cuts. Maybe it’s shopping and dining at non-traditional places and restaurants such as those found on Lake Street in Minneapolis. Or maybe it’s running for public office so we’ll have better leadership choices. Let me know what actions you’re taking in these fraught times.
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