RBF Joins More for Mission

The Rockefeller Brothers Fund has become a Leaders Circle member of More for Mission: The Campaign for Mission Investing. Founded in 2007, More for Mission is helping foundations align their investments with their missions while maintaining long-term targeted financial returns.

In March 2010, the Rockefeller Brothers Fund and Middlebury College announced the creation of the Sustainable Investments Initiative (SII), a co-mingled fiscal vehicle seeking investments that generate long-term social, environmental, and economic value. Dickinson College subsequently joined this effort. SII focuses on investments that recognize the likely scenario of sustainability soon becoming a primary global economic driver. The initiative is structured to make investments in both public and private equity around the world.

"Making sustainability investments allows us to use our endowment to pursue investment objectives that reflect core philanthropic goals of the Fund," said RBF President Stephen Heintz. "We hope there comes a time when investing in the environment is simply a best practice that produces both economic and social gains."

Mr. Heintz recently spoke at a Confluence Philanthropy meeting about the RBF’s experience in mission investing, including the development of the Sustainable Investments Initiative.