Unblurring the Boundary Between Philanthropy and Impact Investing for Families

Families of wealth often ask for views on two related topics—how to think about philanthropy versus impact investing and how to best implement a socially and/or environmentally impactful investment strategy. While common themes transcend these topics, each is distinct and presents an opportunity by allowing families to engage in a powerful combination of both philanthropy and impact investing. 

To learn about how to implement an effective impact-based portfolio strategy, read the other paper in this two-part series: Implementing a Sustainable and Impact Investing Strategy—A Family Perspective.