The Tipping Point Fund on Impact Investing Awards $950,000 in Grants to Six Organizations Working to Advance Public Policies that Support Impact Transparency and Accountability to Stakeholders
Summary
Such policy interventions have the potential to not only strengthen and grow the impact investing field with integrity, but also have an opportunity to serve as a gateway to reshaping mainstream markets. With funding from the TPF, B Lab U.S. and Canada will develop trainings and educational resources needed to prepare B Corp business leaders to engage in direct policy advocacy. With funding from the TPF, Prosperity Now will organize grassroots advocacy efforts around a set of federal policy recommendations to strengthen entrepreneurial ecosystems and increase the flow of capital to entrepreneurs of color to help build an economy that works for everyone. With funding from the TPF, the Urban Institute will develop and disseminate policy recommendations for expanding the definition of fiduciary duty for charitable endowments. The TPF will continue to support the development of the impact investing market through additional grantmaking in 2022 across both Public Policy and Data, Metrics, and Measurement.