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Blog Archives: May 2021

My Intentional Investing Journey

May 26, 2021
Akasha Absher, Syntrinsic Investment Counsel
“If you can see it, you can be it,” is a phrase so often used to inspire. While it may be true for some, for others just because they can “see it,” doesn’t mean they can “be it,” as many lack access (e.g., connections, capital, education, etc.). My first real career aspiration after wanting to be an artist and/or a ballet dancer was to be a businesswoman that bought and sold companies. I had just finished watching Pretty Woman and Richard Gere’s job fascinated me. It was my first glimpse at Wall Street and after some research, I could ...

Grant, Recycle, Repeat: The Power of Recoverable Grants

May 13, 2021
Liz Sessler, Capshift
Earlier this spring, Liz Sessler, Vice President of Products and Partnerships at CapShift, was happy to join Cyrus Kharas, Co-Head of Arabella Advisors Impact Investing Team, and Loren Blackford, Chair of the Sierra Club Foundation’s Investment Committee, for a webinar Confluence hosted to discuss how recoverable grants are an innovative tool for donors with donor-advised funds (DAFs).m Through CapShift’s work with DAF providers and nonprofits such as Partners In Health, we’ve seen firsthand how recoverable grants can ...

A Foundation for DOE: An Idea Whose Time Has Come

May 12, 2021
Confluence is pleased to support The U.S. Department of Energy’s proposed foundation for technology innovation. Please view the video linked below to listen to our CEO, Dana Lanza's remarks at the hearing and the full discussion. Numerous federal agencies have non-profit, non-governmental foundations that work with them to advance their missions. The CDC and NIH foundations, for example, have made important contributions to public health during the pandemic. The flexibility and agility of such foundations allow them to undertake activities ...

Our Journey to Align Investments with Values

May 10, 2021
Bob Bancroft, Nathan Cummings Foundation
The entrepreneur Nathan Cummings often said that “nothing will ever be attempted if all possible objections must be first overcome.” That guidance has always served our foundation well—and especially so when our trustees voted unanimously in 2017 to activate all our resources, not just our grants, in service of our mission. I can now report that the benefits have been even greater than we had hoped. In the hope of helping other foundations seize this opportunity, we’ve just published Values Proposition: How and Why We Transformed Our ...