Impact Entrepreneur Center is pleased to be partnering with Rockefeller Philanthropy Advisors on a thought leadership summit to be hosted by IEC in the Berkshires. The meeting, Philanthropy Transforming Finance: Building an Impact Economy, is gathering several dozen leading figures from the philanthropy sector and impact economy systems thinkers for this two-day conference.
Due to limited space, this event is invitation-only.
Private foundations in the United States alone hold approximately $1 trillion in endowment assets and spend approximately 5 percent of that figure each year on their grant-making and other charitable distributions. Moreover, philanthropists are expanding their use of other funding vehicles – not least LLCs and donor advised funds – and leveraging a variety of instruments including program- and mission-related investments and innovative financing models - to invest in social enterprises and revenue-earning not-for-profits, in order to more effectively advance their charitable missions and better align the totality of their resources with those missions. This growing movement has different aspects and scales — from the place-based to the globally scalable.
But so far, the contributions this capital is making to anything more than incremental change is limited. Viewed and deployed using a wider, systemic perspective, with a more ambitious and courageous agenda, and with an emphasis on transformation, the sector’s resources can meaningfully contribute to building an impact economy. This would represent a proactive approach to solving social and environmental challenges, and achieving the Sustainable Development Goals, by putting economies and finance in service of the well-being of people and the planet.
This two-day convening will bring together funders and leaders in systems thinking who have a commitment to working collaboratively and proactively to move the impact economy agenda forward. We will explore the landscape, problems, gaps, opportunities, resources, and action steps, aiming to define approaches and build momentum that can be maintained both as a group, and through our respective networks.
Participating Organizations (Partial List)
- Impact Entrepreneur Center - Organizer
- Rockefeller Philanthropy Advisors - Organizer
- Ford Foundation
- Skoll Foundation
- Ellen MacArthur Foundation
- Boston Impact Initiative
- Cornerstone Capital
- Neighborhood Economics
- Global Impact Economy
- Center for Economic Democracy
- Transform Finance
- Networking Action
- Capital Institute
- Solidago Foundation
- Centered Wealth
- ANDE (Aspen Network of Development Entrepreneurs)
- The B Team
- University of San Paolo
- Partners for a New Economy
Impact Entrepreneur Center for Social and Environmental Innovation
Organizer of Philanthropy Transforming Finance: Building an Impact Economy
The Impact Entrepreneur Center for Social and Environmental Innovation's mission is "to create and support a global movement of impact entrepreneurs who are building an 'impact economy' populated by triple bottom line businesses fueled by impact investments."
IEC is a regional & global epicenter for entrepreneurs, investors, scholars and students of social and environmental impact, as well as others passionate about creating, accelerating and scaling profitable enterprises that drive measurable, impactful change.
IEC is active in education, incubation and the overall building of the social impact space — partnering with thought-leading companies, organizations and institutions in an effort to transform the business landscape so that it is more responsive to the epochal social and environmental challenges facing humanity.
The Center's work is supported by the Impact Entrepreneur Network, the premier global network for systems-minded entrepreneurs, investors and scholars of social and environmental innovation (18,000 members), and Impact Entrepreneur, LLC, a consulting company that works with early and growth stage impact companies, impact investors and educational institutions.
More information including prices and tickets available here.