Less than 1% of capital goes to founders of color, and less than 5% goes to women. Kim: My focus has been to use my lived experience of running six companies to solve the need for more capital investment in diverse, women-led companies. Kim, can you share some of the gaps you've tried to fill and why? These are the kinds of gaps we want to fill. Something can be too small, big, risky, or even long-term to garner capital from various sources. In fact, small can be part of the impact story. We should think about this as something other than a one-size-fits-all space. I love those examples because you illustrate that the trajectory might differ. Only some communities, opportunities, and innovations are investment-ready on the terms mainstream investors find acceptable. Debra: Capital gaps exist because markets have gaps. Members come to Mission Investors Exchange and each other for best practices, new investment opportunities, deal partnerships, and innovations in impact investing around the world. With over 200 members, we provide resources, inspiration, and connections to help our members increase the scale and impact of their impact investing practice. Mission Investors Exchange is the leading impact investing network for foundations dedicated to deploying capital for social and environmental change. Sherece West-Scantlebury, Chief Executive Officer, Winthrop Rockefeller Foundation.Shanaysha Sauls, President and CEO, Baltimore Community Foundation.Shuaib Siddiqui, Director, Impact Investing, Surdna Foundation. Debra Schwartz, Managing Director, Impact Investments, The John D.Natalie Revelle, Deputy Director, Strategic Investment Fund, the Bill & Melinda Gates Foundation.Joohee Rand, Vice President, Philanthropy & Impact Investing, Anchorum St.Susan Phinney Silver, Mission Investing Director, The David & Lucile Packard Foundation.Matt Onek, President and CEO, Mission Investors Exchange.Cynthia Muller, Director of Mission Driven Investments, W.K.Maria Lopez Vento, Vice President, Grants and Impact Investments, Bader Philanthropies.Christine Looney, Deputy Director, Mission Investments, Ford Foundation.Ken Jones, Vice President and Chief Financial Officer, MacArthur Foundation. Frank Fernandez, President and CEO, Community Foundation for Greater Atlanta.Stuart Comstock-Gay, President and CEO, Delaware Community Foundation.Bynum, M.D., Portfolio Director of Program Related Investments, The Colorado Health Foundation The complete 2021 MIE Board of Directors is: I also want to extend a heartfelt thank you to outgoing board chair Stuart Comstock-Gay, President and CEO of the Delaware Community Foundation, who has helped lead MIE through an important period of increased impact and growth." "Ben, Frank, and Shanaysha bring diverse new perspectives and experiences to the board. Ken and Cynthia are inspiring leaders, full of passion and creativity for embracing impact investing as a fundamental part of philanthropy," said MIE President and CEO Matt Onek. "I am thrilled about our new board leadership and membership. The new board comes into place as MIE embarks on a robust 2021 agenda, working with its members and partners to use impact investing to collectively address COVID-19, racial inequity, climate change, and more. "I couldn't be happier and more determined to move forward with this thoughtful and diverse group of colleagues to help build and strengthen the field at this critical time." "Our Board of Directors is comprised of foundation leaders committed to increasing the scale and impact of impact investing as a way to confront the greatest social and environmental challenges of our times," Mr. Bynum, M.D., Portfolio Director of Program Related Investments, The Colorado Health Foundation Frank Fernandez, President and CEO, Community Foundation for Greater Atlanta and Shanaysha Sauls, President and CEO, Baltimore Community Foundation. The newly elected board members are Ben L. Kellogg Foundation, has been elected Treasurer. MacArthur Foundation, has been elected Chair of the MIE Board of Directors, and Cynthia Muller, Director of Mission Driven Investments, W.K. Ken Jones, Vice President and Chief Financial Officer, John D. 12, 2021 /PRNewswire-PRWeb/ - Mission Investors Exchange (MIE), the leading network of foundations engaged in impact investing, is pleased to announce two new officers on its Board of Directors and to welcome three new board members.
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