The Ford Foundation is putting its money where its mouth is. That seems to be the message from its president, Darren Walker, and his colleagues. Ford, the third-largest foundation in the U.S., recently announced that over the next 10 years it will put $1 billion of its $12 billion endowment into “mission-related investments.”Until recently, foundations generally invested the way everyone else did—to get the most bang for the buck. The difference was that foundations sought returns so as to have more money to give away....

Source: Wall Street Journal July 07, 2017 21:11 UTC