Rockefeller Brothers Fund prioritizes investment policies that enable the foundation to achieve long-term financial objectives. They have an allocation target of 20 percent for impact investments while also maintaining a diversified portfolio that will align with the funds grantmaking initiatives, of which, some target clean energy development.
September 2014 saw the Fund committed to a two-step process to divest from fossil fuel companies including coal and tar sands as these are two of the most intensive sources of carbon emissions. The Fund will continue to adhere to the longstanding mandate of the board of trustees and all assets will be invested with the goals of achieving financial returns that will facilitate meeting annual philanthropic obligations via charitable giving while maintaining purchasing power. Read the Entire Article
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J. Gregory Dees, an internationally acclaimed Professor of the Practice of Social Entrepreneurship and co-founder of the Center for the Advancement of Social Entrepreneurship at Duke University’s Fuqua School of Business, passed away at age 63 at the Duke Hospital Friday.