Mission Investors Fill The Baltimore Marriot

ON June 28, 2016

From 10 people huddled in a conference room 20 years ago to over 500 attending May’s Mission Investors Exchange bi-annual conference, we sure have come a long way. Today’s “hybrid thinkers” see no problem aligning their beliefs with their investments. They view the old way of thinking as too binary, forcing a false choice between profits and purpose.

For me, it was a hair tingly at the back of my neck few days in Baltimore. To see two huge foundations, MacArthur and Kresge, announce exciting new initiatives to mobilize capital from ALL sources, including individuals, shows how this movement is going mainstream. To hear the founder of Priceline and other venture capitalists talk about doing good and doing well, points the way toward a new attitude about money and what capitalism can be.

Most of all, seeing Kate Wolford take the main stage and modestly describe McKnight’s thoughtful approach was a very proud Minnesota moment. I love the fact that McKnight has quietly gone from 10% of assets devoted to impact investing to 25% without a lot of fanfare. In fact, the more than a dozen Minnesota impact investing leaders in attendance created a noticeable presence thanks to local innovators such as Karen Florez with the Minneapolis Foundation and Amy Jensen with the Northwest Area Foundation. But that’s how we roll here in the land of humble, hardworking, do it/don’t just yak about it culture.

On a personal note, Kate made my day/week/year when she said, “Susan, I’m so glad you’re here and in this role serving as MCF Executive in Residence. Now you have the standing to help connect and activate our community.” Indeed, I am living my dream this year, thanks to great colleagues and support from MCF and the Bush Foundation.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

What I'm doing now

Hope in the new year is our favorite team gratitude today and despite the very real challenges we face as humans, I’m positive about our future. People and place: they came up over and over again in our Investing for Positive Impact across the Midwest study and events. We care about where we live, whether that’s in a small town in Iowa or a major city like Chicago. We care about the people who live there. Imagine if impact investing in people and place was the norm. How different would our places look? My place is Minnesota and I care deeply that all our people have a chance to find their healthy place here. What’s your place? Who do you care about? Do your investments match? If not, there’s plenty of chances to invest. As one my colleagues said today, “it’s 2025: let’s thrive”.