This socially responsible investment option is available to all our Donor Advised Fund (DAF) holders alongside our existing Balanced Plus and Short Term Pools.

The Impact Pool seeks to support initiatives in areas such as affordable housing, climate change, education, energy efficiency, minority-led business and others with the goal of generating a positive social impact on a global scale and an eye toward supporting our local community. It also aims to lift up companies with strong corporate governance and shareholder advocacy while reducing exposure to those with high negative impact that may be associated with categories such as fossil fuels, alcohol, tobacco, gambling or weapon manufacturing. The Impact Pool offers a diversified investment approach.

Some of the investment managers we are using in the Impact Pool include Boston Common ESG Impact International Fund (International Equity), Farallon Capital F5 Investors, Summit Partners Sustainable L/S Fund (Flexible Capital), Generation Global Equity Fund, Parnassus Core Equity Fund (U.S. Equity) and TIAA-CREF Core Impact Bond Fund (Fixed Income). Our goal is to grow this fund, allowing us to invest in high-impact ventures across all asset classes including Private Equity (such as Bain Capital Double Impact Fund II and Greenspring Diversity Fund I) and Real Estate (such as Rose Affordable Housing Preservation Fund V). We would be happy to share additional information for the Impact Pool upon request.