Early-stage impact investments can be a powerful tool for scaling businesses that are designed to make money and have measurable social impact. Though investments in mission-driven startups are risky, they can generate extraordinary financial returns while enabling innovative businesses to address critical social and environmental problems. Early-stage impact investing can help preserve a family’s sense of collective purpose and cultivate entrepreneurial spirit across multiple generations. The tangibility, excitement, and mission clarity of early-stage impact investments often appeal to younger family members and can help engage them in the management of family assets.
Since you are interested in Family Philanthropy, have you read these selections from Giving Compass related to impact giving and Family Philanthropy?
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A good way to complement your interest in Family Philanthropy is to connect with others. Check out these events, galas, conferences or volunteering opportunities related to Family Philanthropy.
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If you are interested in Family Philanthropy, please see these relevant Issue Funds, Charitable Organizations or Projects where you can get involved.