Investing for Impact

A foundation can use its resources in many ways beyond grants. At The Russell Family Foundation, we've explored and implemented impact investing through our financial portfolio since 2005. Impact investing is any financial investment that generates both a social and a financial return.

Our Model

  • Impact Investing: Program-related investments (in the form loan below-market-rate loans) and mission-related investments.
  • Divest-Invest: Divestment of carbon in lieu of place-based investments to create jobs and regional opportunities for local people.
  • Loan Guarantees: Backing loans for community, environmental and social returns.
  • Direct Deposits: CDs and Jumbo CDs at local community banks to bolster housing, economic, environmental and social benefits for local people and organizations.

Case Study

Read our case study that outlines key learnings from our comprehensive journey in impact investing, including our 4-year path from 7% to almost 75% mission-aligned investments. The portfolio has also outperformed its blended benchmark by nearly 3 percent. An executive summary on the report can also be found here.
TRFF Impact Investing Timeline

Innovative Finance

We have a vision of a sustainable and peaceful world for people, and to that end we've implemented a variety of different types of mission investments over the years. Below are some examples.

Dead Man's Pond: A New Partnership