Giving Compass' Take:
- Causeartist highlights how nonprofit University Impact is using donor-advised funds to give college students experience in investing in organizations working on social issues.
- How can donor-advised funds scale impact investing? Why is it important for the next generation to be educated on impact investing and philanthropy?
- Learn more about what donor-advised funds offer for nonprofits.
What is Giving Compass?
We connect donors to learning resources and ways to support community-led solutions. Learn more about us.
In episode 27 of the Investing in Impact podcast, we speak with Daniel Blake and Joellen Nicholson, Managing Directors of University Impact, on using Donor-Advised Funds (DAF) to innovate and scale impact investing.
University Impact (UI) is a nonprofit that invests in companies and nonprofits solving social and environmental problems. Investments are focused on funding the most promising social ventures.
UI’s goal is to create the next generation of social impact leaders and provide capital to social ventures solving social and environmental problems. UI does this by providing undergraduate and graduate students with an immersive, hands-on learning experience in impact investing and philanthropy.
The associates learn to perform rigorous due diligence and measure social impact through debt and equity investments. Students can then use their experiences to do social good throughout the entirety of their careers. UI hosts the unique Triple Donor-Advised Fund and helps you create the most impact with your investments.
The Donor-Advised Fund (DAF) is a giving vehicle that allows donors to make a charitable contribution with an immediate tax deduction. Donors are able to recommend grants and impact investments from their DAF to organizations solving social and environmental problems. Donors can contribute to their DAF and recommend grants and investments as frequently as they would like.
Read the full article about University Impact's use of donor-advised funds at Causeartist.