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Goldman Sachs Launches $250 Million Social Impact Fund

Goldman Sachs Launches $250 Million Social Impact Fund

Goldman Sachs, the leading global investment banking and management firm, embarked on a $250 million Social Impact Fund (SIF) to invest in projects that enhance the conditions of disadvantaged communities nationwide.

According to Goldman, the SIF will render clients access  to “double bottom line” investments, tackling social problems while pursuing a “risk-adjusted financial return”. The investments will focus at the development of community spaces such as affordable housing, healthcare facilities, and schools; job creation; and delivery of social, financial, and educational services through new funding models, including social impact bonds.

via JOINING THE PARTY: GOLDMAN’S $250M ‘SOCIAL IMPACT FUND’| Social Enterprise Buzz

 



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The Cleveland Foundation African-American Philanthropy Summit Gathers a Benevolent Crowd

The Cleveland Foundation African-American Philanthropy Summit Gathers a Benevolent Crowd
Hundreds of people flocked to the African-American Philanthropy Summit held by the Cleveland Foundation, integrating a theme entitled...



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