Excellent articles on the slow money philosophy:
- Invest for a balance of social and financial return
- Get to know investees and look for a mission match
- Seek sustainable return, not the highest possible short term hit
- Stay invested, rather than cash out and turn the investee organization over to the tender ministrations of Wall Street
- Align the investment fund's philosophy with that of the investors
- Keep investors informed not just about financial return, but also about how the investee organizations are doing.
- Keep it real; keep it human: "Barefoot Economics."
This philosophy came home to me sitting in the IONS Conference Center, in the hills around San Francisco, talking about Transforming Money, only to learn from Mark Finser, who was sitting there with us in the Conference Center, that the mortgage on the place is held by the foundation he heads up, Rudolph Steiner Foundation. Seemed sensible, cozy, and caring. I can see how having such a hands-on experience with an investee organization might incline a good-hearted person to put their donor advised money with Steiner Foundation, thereby putting not only the grants but the principle to work.