Measurement & Evaluation
A New Accounting System Is Possible
Companies, investors, and consumers need an expanded set of metrics that more broadly and accurately measure risk, return, and value. A Viewpoint from the Fall 2019 issue.
Clara Miller
Foundations
Arriving at 100 Percent for Mission. Now What?
In the coming years, the Heron Foundation will emphasize “connective investing” in US communities, providing financial and other forms of capital. It will continue to seek allies and build connections with those who have muscle and capital market reach.
Impact Investing
Mission-Aligned Investing: More Complex Than It Seems
Even with the best intentions and emerging tools, the current investment framework makes it difficult to match investment portfolios to values.
Foundations
Taking Impact Investing and Accounting Full Tilt
More foundations are deploying a full range of financial investment vehicles to yield positive social and financial returns, and using new tools to track impact data.
Nonprofits
Nonprofit Accounting Rules Are Not the Solution to For-Profit Accountability
Nonprofit accounting rules should not be forced on anyone.
Social Innovations
The Equity Capital Gap
For-profit businesses can efficiently and quickly raise large amounts of money to fund growth and innovation by tapping equity capital—money that people invest in a company in return for ownership and a share of profits. The nonprofit world has no corollary, making it difficult, costly, and time-consuming to raise money. In this article the author explores ways that nonprofits and funders can create their own version of equity capital, and, just as important, develop an equity approach to doing business.