Search Nonprofits - Project World Impact

P

Phillips Foundation

Phillips Foundation is a private family foundation and catalytic capital platform that leverages its assets to maximize social, environmental and financial value. As many foundations have modeled before us and through our own experience, we know there doesn’t have to be a trade-off between doing good and doing well. Phillips Foundation executes a values-alignment strategy across all asset classes of its endowment’s diversified portfolio while maintaining market-rate returns. Each investment opportunity is evaluated by dual CIOs — a Chief Investment Officer and a Chief Impact Officer — to ensure our corpus’ deployed capital will “First, do no harm.” We primarily seek investable opportunities that achieve measurable social and/or environmental benefit alongside competitive financial returns. Between Generational Grantmaking cycles, we favor impact investing tools like Program-Related Investments (PRIs) over traditional grants as our preferred vehicle to achieve sustainable impact through our annual 5 percent charitable distribution amount. For more information on impact investing, please visit our Impact Investing Think Tank®.

Greensboro, North Carolina

F