On the opportunity of philanthropic investors they write...
"Charitable investors are uniquely positioned to design and support the new financial vehicle that the planet needs to play a critical role in mitigating the risk of investing in nascent solutions for larger institutional investors. In the United States, this group of charitable investors includes private, corporate, or community grant-making foundations; grant-making public charities; donor-advised funds; and individual donors. In 2015, US-based private foundations combined for a whopping $600 billion in assets under management (AUM), roughly $50 billion of which is granted annually. The top 10 US corporate foundations alone have approximately $10 billion in AUM, and annual corporate giving among all US corporate foundations is approximately $19 billion.
Donor-advised funds (DAFs) have continued to increase in popularity over the past 10 years; today, DAFs have approximately $70 billion in AUM and grant $13 billion annually. The 800 community foundations in the United States, which manage DAFs, grant roughly $5 billion of the $13 billion granted from DAFs annually. These numbers do not include important charitable actors such as family offices, households, and individuals that might not use a foundation or DAF structure. Individual philanthropists are critically important: In the United States in 2015, 72 percent of all charitable giving came from individuals, according to the National Philanthropic Trust."
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