“We are making this commitment because we believe MRIs have the potential to become the next great innovation for advancing social good,” said Darren Walker, president of the Ford Foundation. Initial investments will focus on areas where it has deep prior experience and sees both significant investment opportunity and significant alignment with its mission to reduce poverty and injustice. This is how mission-related investments work:The Ford Foundation makes between $500 million and $600 million in grants each year. Impact investing is about creating inclusive economies that work for all. Over the years the Ford Foundation has successfully managed more than $650 million in PRI's.

Source: Forbes April 05, 2017 19:24 UTC