Via Press release (Download 52 page Aggregating Impact: A Funder's Guide to Mission Investment Intermediaries here.)
BOSTON, MASS., Nov 16, 2007 – A study released today, by FSG Social Impact Advisors, found that a growing number of foundations and funders are turning to mission investment intermediaries to assist them with their social investment goals. As organizations that collect capital from multiple sources and reinvest it in people and enterprises, mission investment intermediaries are able to deliver both social impact and financial returns with minimum risk and lower transaction costs....
FSG Social Impact Advisors is a 501(c)3 nonprofit social enterprise that works with foundations, corporations, governments, and nonprofits to accelerate social progress by advancing the practice of philanthropy and corporate social responsibility. FSG was founded in 1999 by Harvard Business School Professor Michael E. Porter and Harvard Kennedy School Senior Fellow Mark R. Kramer as Foundation Strategy Group, LLC, and converted to nonprofit status under its new name in 2006. The organization maintains offices in Boston, Geneva, San Francisco, and Seattle. For more information, visit www.fsg-impact.org.
