Elizabeth (Beth) Hurvitz’s Post

For over 20 years, Cambridge Associates has been the outsourced CIO for the Surdna Foundation, a five-generation family foundation guided by social justice. Nine years ago, they decided to scale their impact and create a $100 million #impactinvesting mandate to align their portfolio with their values. Today, that program has been a key driver of performance, impact, and engagement with the market and has inspired other organizations to follow their lead. Read how they did it and what they learned here: https://ow.ly/TNkK50PKEaF #CAClientSpotlight

For over 20 years, Cambridge Associates has been the outsourced CIO for the Surdna Foundation, a five-generation family foundation guided by social justice. Nine years ago, they decided to scale their impact and create a $100 million #impactinvesting mandate to align their portfolio with their values. Today, that program has been a key driver of performance, impact, and engagement with the market and has inspired other organizations to follow their lead. Read how they did it and what they learned here: https://ow.ly/zXIC50PMu5e #CAClientSpotlight

For over 20 years, Cambridge Associates has been the outsourced CIO for the Surdna Foundation, a five-generation family foundation guided by social justice. Nine years ago, they decided to scale their impact and create a $100 million #impactinvesting mandate to align their portfolio with their values. Today, that program has been a key driver of performance, impact, and engagement with the market and has inspired other organizations to follow their lead. Read how they did it and what they learned here: https://ow.ly/qMNM50PKMeB #CAClientSpotlight

This Friday, May 17, 12:30pm ET, several SBAN Members are presenting the second webinar in the series, “Pathways to Community Ownership.” We hope to see you there! Topic focus: This second webinar focuses primarily on how organizations can get started in creating community ownership projects, the early challenges in implementation, how to access capital, and how to achieve scalability and replicability. Format: The first half of the webinar will have space for participants to share their own questions, insights, and work. The second half will be a panel discussion with experts and practitioners. Register here: https://lnkd.in/eizrD5vW #communityownership #antidisplacement

We do our best to live our values in everything we do. Here are the five biggest things we keep in mind when it comes to our grantmaking and operations. ⭐ Spread optimism! We encourage individuals and organizations to think bigger and differently about what's possible. We do our best to stay positive and supportive in our internal and external interactions. ⭐ Work beyond ourselves. We actively seek opportunities to work in true collaboration with others to have more impact. We're willing to both lead and follow and candidly share what we learn with others. ⭐ Everybody matters. We're a champion for both excellence and equity inside and out of the Foundation. We have fair, open and inclusive processes, and we work to raise overall quality of life while also closing opportunity and achievement gaps. ⭐ Steward well! We appreciate the Foundation’s history and thoughtfully build on its legacy. We hold ourselves to high standards of integrity and accountability, and we conduct ourselves in a way we hope would make our founders proud. ⭐ More good. Every year. We're a learning organization and work to be smarter and more effective every year. We never lose sight of the reason we exist: to do the most possible good with the resources left to the community by Archibald G. Bush. We want to learn from you! Share with us in the comments below: What are some of your organization's operating values?

Whilst its hard to see that any progress has been made, to the contrary - it looks like 0 progress made and everything got worse, with recent years breaking through the 1.5C targets. We mustn't give up hope that the many initiatives that have been kicked off as a result of these agreements, have prevented worse things from happening... too optimistic? maybe But working in the sustainability and SDG space has never been more exciting, with many people sharing that a just transition to a more sustainable, de-growth and circular economy is, ...possible. The questions is how fast, to prevent worse things from happening (Climate Catastrophy, Ecological Collapse, ...the list is getting longer). Currently the ANNUAL financing gap to the 2030 SDGs is (according to UN estimates), around $4 trillion. This is the same as Germany's or Japan's Gross Domestic Product. This is a staggering number and concept that the money missing to achieve the SDGs is the same as the monetary value of ALL finished goods and services made in Germany or Japan on an annual basis. And yet, the world economy is worth around $100 Trillion, so $4 trillion = 4%. That ...almost...sounds doable? too optimistic? maybe When it comes to asset managers, total discretionary assets under management (AUM) of the 500 biggest managers amounted to USD 113.7 trillion at the end of 2022, down by 13.7% from the end of 2021. The largest, BlackRock, manages $10 trillion and the next biggest 2, Vanguard ($9 trillion) and Fidelity ($4 trillion). Surely, investing into solutions on a planet that is actually liveable with resources being consumed at a sustainable pace is what its at? Otherwise, what will be managed in 20 or 30 years?

Yes, interesting. In some senses the divide between fund holder org and mission-based org needs to be re-thought. How to deploy money well? Back the right teams..? Provide infrastructure around them? Some nodes in that innovation and delivery network might not be successful, but they do need nurturing and part of that is enough certainty (5 year blocks?)

For over 20 years, we have been the outsourced CIO for the Surdna Foundation, a five-generation family foundation guided by social justice. Nine years ago, they decided to scale their impact and create a $100 million #impactinvesting mandate to align their portfolio with their values. Today, that program has been a key driver of performance, impact, and engagement with the market and has inspired other organizations to follow their lead. Read how they did it and what they learned here: https://ow.ly/BlrR50PI0bI #CAClientSpotlight

This will be a great workshop!! Learn how to assess and prioritize your technology needs and research the systems that meet those needs. Choosing a software to bring you relief can be an exciting yet daunting project. This first workshop of the series will guide you to articulate what you REALLY need from a software so you make the right choice the first time around.

What is the SALT/CLCP approach? CLCP, created by The Constellation, is a systematic methodology enabling communities to assume ownership of challenges. It operates as a learning cycle wherein communities take action, learn from the experience, and use that learning for subsequent action. Facilitators guide communities towards ownership of their challenges through an appreciative approach encapsulated by the acronym SALT (Support, Appreciate, Listen-Learn, Transfer). How does it work? We facilitate a process wherein communities assume ownership of their challenges by fostering supportive environments for collective learning and sharing. Through open dialogue and non-hierarchical conversations, we catalyze mutual learning and growth among community members. Additionally, we create opportunities for communities to share experiences and knowledge, nurturing a culture of community-to-community transfer wherein solutions and insights propagate naturally. In essence, we empower communities to learn from each other and devise solutions to their challenges. Global Fund for Children X Grow Your Reader