“For most, the challenges Directors and Trustees face arise from the philosophical repositioning of investment activities as a way to enhance the Foundation’s mission and unlock public benefit, and rethreading governance and contractual requirements to achieve this. This is a significant change management exercise, rather than simply a ‘switch’ in investment strategy”

“This is an exciting next step for the sector after a generation of strategic advances on the granting side. The timing is right for Trusts and Foundations to start exploring this next paradigm shift in investment strategy, and shifting its capital towards greater impact. But Trustees, Directors and Senior Managers need sustained support to navigate this journey, and an opportunity to work alongside their peers in the process. The transition ahead is a ‘doing’ problem and starts with building consensus at the Board about why and how to effect the transition.”