Investing for Good
Investing for Good is a company.
Financial History
Leadership Team
Key people at Investing for Good.
Frequently Asked Questions
Who founded Investing for Good?
Investing for Good was founded by Andrew Hatcher (Co-Founder).
Investing for Good is a company.
Key people at Investing for Good.
Investing for Good was founded by Andrew Hatcher (Co-Founder).
Key people at Investing for Good.
Investing for Good refers to the growing practice of impact investing, where capital is deployed to generate measurable social or environmental benefits alongside financial returns, rather than a single specific company.[9][6][7] Pioneered as a term in 2007, it encompasses strategies used by foundations, nonprofits, and investors to align portfolios with missions like community development, youth success, and economic mobility.[1][3][9] Key sectors include education (e.g., school readiness), family wealth-building, affordable housing, and innovative social enterprises, with organizations like Gary Community Ventures deploying their full balance sheets for systemic change in Colorado while targeting 80% mission-aligned assets by 2030.[1] ImpactPHL exemplifies this by connecting high-net-worth investors to local Philadelphia opportunities, such as real estate projects blending affordable housing and artist spaces.[7]
This approach influences the startup ecosystem by funding early-stage ventures that solve social problems, bridging philanthropy and venture capital to scale altruistic startups with profit potential.[6][4]
The concept of investing for good emerged from the 2007 coining of "impact investing" to describe investments prioritizing social/environmental impact with returns, amid rising interest in aligning finance with values.[9] It gained traction through foundations testing the waters; for instance, the Packard Foundation launched its Mission Investing Program, deploying over $815 million in 295 investments by 2020 to support programmatic priorities like innovation and scaling nonprofits.[3] Gary Community Ventures evolved this by reimagining its entire balance sheet post-2014, moving beyond traditional 5% grantmaking to full philanthropy-impact-market-rate investments for kids, families, and community wealth in Colorado.[1]
Pivotal moments include family foundations like the one led by Kristin, who post-recapitalization invested in community banks to boost financial literacy for underserved entrepreneurs, and AFF's 2014 experiment with local impact deals.[4] Alumni-led efforts, such as Cory Donovan's 2016 founding of ImpactPHL, humanized it by targeting regional ecosystems.[7]
Investing for good rides the wave of ESG integration and venture capital's shift toward profit-with-purpose startups, fueled by post-2007 trends where VC increasingly backs altruistic tech disruptors solving social issues like education access and economic inequality.[6][2][9] Timing aligns with maturing impact ecosystems in regions like Philadelphia and Colorado, where market gaps in early-stage social tech allow foundations to catalyze growth beyond what commercial investors pursue.[7][1][4]
Market forces favoring it include rising demand from high-net-worth individuals and endowments unaware of alignment options (95% in surveys), plus philanthropic sunsets demanding innovative asset transfers.[7][1] It influences tech by seeding scalable solutions—e.g., tech-enabled community banks or real estate platforms—drawing private capital into impact deals and redefining startup funding as a "life portfolio" blending societal good with returns.[4][8]
Impact investing will expand as firms target ambitious AUM goals (e.g., £10bn by 2030) and sunsets like Gary's 2035 handoff pioneer wealth pathways, shaped by trends like AI-driven impact measurement and global ESG mandates.[1][2] Expect deeper tech integration, with startups in edtech, fintech for mobility, and climate tech dominating, evolving influence from niche philanthropy to mainstream VC where 80%+ portfolios align impact-return.[1][6]
This ties back to reimagining idle assets for good, positioning investing for good as the engine powering sustainable, values-driven innovation.
Investing for Good was founded by Andrew Hatcher (Co-Founder).