Figuring out which foundations engage in the most impact investing is not so easy. While some reports, like a 2015 study by the Center for Effective Philanthropy, have gauged how widespread this practice has become in foundations, actual dollar amounts are still hard to come by—unlike annual grantmaking tallies, which are readily available. That’s too bad, since it makes it hard to compare institutions on impact investing or otherwise track a growing stream of foundation dollars.
In recent years the global philanthropic community has been experimenting with new ways to maximize impact by engaging the full spectrum of financial tools, including grants, debt and equity. At JPMorgan Chase & Co. we are taking a similar approach to our own portfolio of mission-driven investments to ensure that we are using our capital to achieve the greatest social and environmental benefit.
In that spirit, JPMorgan Chase has committed $5 million to Vital Healthcare Capital (V-Cap), an organization that supports quality healthcare and good front-line healthcare jobs in low-income communities. In cities across the country the healthcare sector is booming, bringing with it millions of new jobs.
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iTunes U has a variety of courses geared towards social entrepreneurship. With this app, it allows students to have customized learning experiences. Through learning that’s tailored to suit every student aspiring to be a social entrepreneur, SocialEarth.org checks off the top iTunes U courses and classes that are free to take. Some have videos, others have only audio. Take your pick: