Fast Company: These New Funds Let You Invest According To Your Values–And Help Nonprofits

If you don’t like the idea of investing in companies with poor records on issues like sexual harassment in the workplace or gender diversity in boardrooms, here’s a new option for you. The Impact Shares YWCA Women’s Empowerment ETF, launching in the first quarter of 2018, only contains the shares of companies with high grades on women’s issues.

NAACP, YWCA to Offer Exchange-Traded Funds in Conjunction with Impact Shares

Nonprofit leaders partnered with new, innovative nonprofit ETF platform Impact Shares

DALLAS – Nov. 28, 2017 –To coincide with National Giving Day, Impact Shares has filed for its first two exchange traded funds (ETFs), which are being developed in tandem with The National Association for the Advancement of Colored People (NAACP) and the YWCA Metropolitan Chicago.  The concept was originally developed with support from The Rockefeller Foundation’s Zero Gap initiative.

Impact Shares Adds Seasoned Wealth Manager and Philanthropic Giving Expert as Strategic Advisor

Impact Shares, the first and only nonprofit exchange-traded fund (ETF) platform, adds experienced and well-regarded wealth manager and charitable giving expert Eric W. Bennett, CFA, CPA, as senior advisor.

First and only nonprofit ETF platform expands team with experienced wealth manager and charitable giving expert.

“Impact Shares’ mission is to bridge the gap between nonprofits and philanthropically minded investors, and our team and partner organizations will benefit from Mr. Bennett’s wealth of experience in structuring investment solutions as well as his role making investment decisions on behalf of mission based institutional endowments and ultra-high net worth families,” said Ethan Powell, founder of Impact Shares. “Mr. Bennett built a well-respected family office and his addition to as senior advisor expands our capabilities and builds on the momentum we already have after receiving a grant from The Rockefeller Foundation.”

Impact Shares Secures Funding from Rockefeller Foundation

DALLAS--(BUSINESS WIRE)--Impact Shares, the first and only nonprofit exchange-traded fund (ETF) platform, has secured a $300,000 grant from The Rockefeller Foundation to partner with other leading nonprofits to launch focused social issue investment products.

The funding from one of the nation’s foremost philanthropies highlights the tremendous potential of Impact Shares in engaging retail investors in the impact investment movement. Impact Shares will be launching the first of its innovative ETFs in late 2017.

CNBC: Rockefeller Foundation backs nonprofit ETF startup

NEW YORK, Aug 1 (Reuters) - The Rockefeller Foundation is helping to finance a startup hoping to build exchange-traded funds for nonprofit organizations and direct the profits back to their causes, officials from the group said with a plan to announce the initiative later on Tuesday.

The foundation awarded a $300,000 grant to Impact Shares Corp, a Dallas-area organization that aims to offer charities the ability to create ETFs that will be sold to the public.

Rueters: Rockefeller Foundation backs nonprofit ETF startup

Rueters: Rockefeller Foundation backs nonprofit ETF startup

NEW YORK (Reuters) - The Rockefeller Foundation is helping to finance a startup hoping to build exchange-traded funds for nonprofit organizations and direct the profits back to their causes, officials from the group said with a plan to announce the initiative later on Tuesday.

The foundation awarded a $300,000 grant to Impact Shares Corp, a Dallas-area organization that aims to offer charities the ability to create ETFs that will be sold to the public.

NY Times: Rockefeller Foundation Backs Nonprofit ETF Startup

NEW YORK — The Rockefeller Foundation is helping to finance a startup hoping to build exchange-traded funds for nonprofit organizations and direct the profits back to their causes, officials from the group said with a plan to announce the initiative later on Tuesday.

The foundation awarded a $300,000 grant to Impact Shares Corp, a Dallas-area organization that aims to offer charities the ability to create ETFs that will be sold to the public.