Mission Related Investment (“MRI”)

Mission Related Investment (“MRI”)

An MRI is an investment made from a tax-exempt foundation’s endowment that is meant to make money and further the foundation’s charitable goals by doing something good for society or the environment. In the past, a foundation’s investing side, which was usually focused on making the most money possible with the least amount of risk, sometimes clashed with its charitable giving side (e.g. a foundation promoting public health holding tobacco or coal mining stocks).

With MRIs, a foundation can put money into impact investments and still be considered by the IRS to be using “ordinary business care and prudence,” even if the expected rate of return is lower than what it could earn on an investment that is not mission-focused. MRIs are related to “Program Related Investments” (see “PRI” below), but they are not the same thing.

Environmental, Social and Governance (“ESG”)

ESG criteria are non-financial factors that investors use to analyze and screen companies. Environmental, social, and governance (ESG) data was int...

Impact Washing

Also sometimes referred to as “Green Washing,” Impact washing is when the social and/or environmental benefits or “impacts” of an inves...

Impact Reporting and Investing Standards (IRIS)

Also known by its acronym “IRIS”, this is a catalog of generally-accepted metrics developed by the Global Impact Investing Network (“GIIN”) used by...

Related Insights

With banks retreating from commodities and inventory financing due to market volatility and higher interest rates, hedge funds and other non-bank financial institutions have stepped in to fill the funding gap.
This is my 15th year of growing my MOustache (aka “MO) with MOvember. I grow my MO to honor my father-in-law, who passed away from prostate cancer + to raise awareness and funds + to literally and figuratively change the face of men’s health. Movember is a fun approach to serious issues (testicular cancer for younger men + prostate cancer for older men + mental health for all of us), so I hope when you see our MOs that you will check yourself + remember to schedule your annual physicals + reach out if you need a friend.   #movember #menshealth #SouthBayMoBros