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Causes: International, International Relief
Mission: The foundation is a recently-formed non-profit that aims to help alleviate the world of extreme poverty. Its mission is to catalyze and scale investment in social enterprises that seek to improve the lives of the poor. The foundation intends to pursue this mission by providing technical support to social enterprises, assisting social enterprises with impact measurement practices including outcomes-based products and assessments, and speaking at and sponsoring events to further the field of impact investing through knowledge and best practice dissemination and public advocacy.
Programs: Sponsorship of the toniic impact portfolio project. Overview: the lack of compelling quantitative and qualitative data points, case studies, and meaningful impact stories have been cited as the primary reasons impact investors and non-impact investors stay on the sidelines. In addition, many financial advisory firms and product providers don't yet see a business case for the development of impact-related products and services, nor has enough of the financial research community become meaningfully engaged. This multi-year study of select toniic 100% impact network members represents $1. 65 billion committed to impact investments, with $1. 14 billion already deployed. By publishing this analysis toniic seeks to:inspire and enable others to explore and accelerate their impact investing journeys; demonstrate to financial advisory firms and product providers that there is a significant and growing market for impact products and services; and empower the research community with access to data to start exploring systemic issues such as esg risk factors, the availability and accessibility of specific impact themes within each asset class, and how best to incorporate externality pricing into security valuation and analysis. Alphamundi foundation committed to supporting this initiative with $30,000, the first installment of which was paid in fy 2016.
in 2017, alphamundi foundation was primarily raising funds for future programs. Three grants were made to organizations to support the third pillar of our mission, field building of the impact investing industry. These grants included: 1) sponsorship of toniic's t-100 report, "insights from the frontier of impact investing"; 2) a donation to a social enterprise in mexico that won the ubs visionares competition; and 3) sponsorship of the good capital project, a 2-year initiative that will use design thinking and engage stakeholders to help global capital markets allocate more capital to socially conscious investments.