This month’s blog post is about rethinking where we put our assets and the power of investing locally.
Giving locally makes a lot of sense. We’re lucky in Minnesota to have one of the most generous communities in the country and world.* We also have innovative and effective not-for-profit organizations that make the most of each philanthropic dollar (click here forsome of my favorites and send me yours!).
When COVID-19 and the ensuing economic disruption hit, I worried that impact investing would recede as investors sought comfort in old-style investing and social entrepreneurs kept their day jobs. Luckily, my worries were for naught: more investors are interested in doing good and doing well. More philanthropists are looking for innovative ways to address the multiple crises we face: health, economic, racial, civic, climate, and rural. Social entrepreneurs are launching and growing their ideas to address the world's problems. These leaders give me hope!